Special Event Redemption Amount definition

Special Event Redemption Amount means for each Note, whether or not included in a Normal Unit, the greater of (a) the principal amount of such Note and (b) the product of (i) the principal amount of such Note and (ii) a fraction the numerator of which is the Treasury Portfolio Purchase Price and the denominator of which is (x) in the case of a Special Event redemption occurring prior to a Successful Remarketing, the aggregate principal amount of the Notes included in Normal Units and (y) in the case of a Special Event redemption occurring after a Successful Remarketing or after the Stock Purchase Date, the aggregate principal amount of the Notes.
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Special Event Redemption Amount means for each Note, the greater of (a) the principal amount of such Note and (b) the product of (i) the principal amount of such Note and (ii) a fraction the numerator of which is the Treasury Portfolio Purchase Price and the denominator of which is the aggregate principal amount of the Notes.
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Special Event Redemption Amount means (i) in respect of a Withholding Tax Event, an amount equal to the Base Redemption Amount and (ii) in respect of a Tax Event or an Assignment Redemption Event an amount equal to the higher of (a) the Base Redemption Amount and (b) the Make-Whole Amount as calculated by an Independent Investment Banker and notified to the Bank in writing.
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Examples of Special Event Redemption Amount in a sentence

  • If a Special Event shall have occurred and be continuing (as of the time of giving notice of redemption) and pursuant to which Lazard Group Finance, at its option, redeems the Lazard Group Finance Notes, in whole but not in part, the Company shall redeem the Senior Notes at a redemption price equal to the Aggregate Special Event Redemption Amount on or before the redemption of the Notes.

  • However, if payment on the next Business Day causes payment of the Special Event Redemption Amount to be in the next calendar year, then payment will be on the immediately preceding Business Day, in each case with the same force and effect as if made on that payment date.

  • If a Special Event shall have occurred and be continuing (as of the time of giving notice of redemption) and pursuant to which Lazard Group Finance, at its option, redeems the Notes, in whole but not in part, the Company shall redeem the Senior Notes at a redemption price equal to the Aggregate Special Event Redemption Amount on or before the redemption of the Notes.


More Definitions of Special Event Redemption Amount

Special Event Redemption Amount has the meaning set forth in the Supplemental Indenture.
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Special Event Redemption Amount means (i) in the case of a Special Event Redemption occurring prior to the earlier of (x) a Successful Remarketing or (y) the Purchase Contract Settlement Date, for each Series A Note, the product of the principal amount of such Series A Note and a fraction, the numerator of which is the Special Event Treasury Portfolio Purchase Price and the denominator of which is the aggregate principal amount of the Series A Notes included in the Corporate Units on the Special Event Redemption Date and (ii) in the case of a Special Event Redemption occurring on or after the earlier of (x) a Successful Remarketing or (y) the Purchase Contract Settlement Date, for each outstanding Series A Note on the Special Event Redemption Date, the principal amount of the Series A Note.
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Related to Special Event Redemption Amount

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days' written notice.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Make-Whole Redemption Amount means the sum of:

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Redemption Event has the meaning set forth in Section 3.4.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.