Target Redemption Date definition

Target Redemption Date means the date that is the 18-month ---------------------- anniversary of the Original Issue Date.
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Target Redemption Date means that Coupon Payment Date, if any, on which the cumulative Coupon Payment Amounts, up to and including such Coupon Payment Date, first equal or exceed the Target Redemption Amount.
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Target Redemption Date means the day falling 3 Business Days after the Target Redemption Event Date.
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Examples of Target Redemption Date in a sentence

  • Upon surrender and payment of the Corporation Redemption Amount, from and after the Target Redemption Date, dividends on the shares of Series B Preferred Stock to be redeemed shall cease to accrue, and said shares shall no longer be deemed outstanding, and all rights of the holders thereof as holders of Series B Preferred Stock (except for the right to receive from the Corporation the Corporation Redemption Amount for such shares) shall cease.

  • The Company will promptly announce any Target Redemption Date by issuing a press release.

  • Each share of Series C Preferred Stock ---------------- shall be convertible, at the option of the holder thereof, at any time from and after the Target Redemption Date, subject to compliance with this Section 6, --------- into fully paid and nonassessable shares of Common Stock at the then effective Conversion Price (as defined below).

  • If the Equity Payment Conditions are met during each Trading Day of the twenty (20) consecutive Trading Day period immediately preceding the Target Redemption Date (the “THRESHOLD PERIOD”), then the Company shall, within five (5) Trading Days after such Threshold Period, deliver the Company Redemption Amount (as defined below) to each Holder (a “COMPANY REDEMPTION”).

  • The Holder shall surrender the Preferred Stock Certificates duly endorsed representing the shares to be redeemed at the office of the Corporation on the Target Redemption Date.

  • If the Notes are redeemed on the Revised Target Redemption Date, the Redemption Amount will be an amount in SEK equal to the Note NAV on the related Target Redemption Amount Recalculation Date.

  • The “Corporation Redemption Amount” shall equal 110% of the aggregate Stated Value of the outstanding Preferred Stock being redeemed, plus all accrued and unpaid Dividends.The Holder shall surrender the Preferred Stock Certificates duly endorsed representing the shares to be redeemed at the office of the Corporation on the Target Redemption Date.

  • Based on such determinations, the Calculation Agent shall determine the Cumulative Price Return for each Stock, the Stock Performance for each Stock, the Coupon Rate and whether the Target Redemption Date has occurred.

  • If the Equity Payment Conditions are met during each Trading Day of the twenty (20) consecutive Trading Day period immediately preceding the Target Redemption Date (the “THRESHOLD PERIOD”), then the Company shall, within five (5) Trading Days after such Threshold Period (the “REDEMPTION AMOUNT DUE DATE”), deliver the Company Redemption Amount (as defined below) to each Holder (a “COMPANY REDEMPTION”).

  • If the Notes redeem on a Revised Target Redemption Date, on the third Business Day following the Revised Target Redemption Amount Recalculation Date Party B shall pay to Party A an amount equal to the balance of the EUR Cash Account and Party A shall pay to Party B an amount equal to such balance converted into SEK at the EUR/SEK Spot Exchange Rate as of the Revised Target Redemption Amount Recalculation Date as determined by the Calculation Agent in its discretion.

Related to Target Redemption Date

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

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

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

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

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Change of Control Redemption Date shall have the meaning set forth in Section 7.2;

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

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

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • 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.

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

  • 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.

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

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Make-Whole Redemption Amount means the sum of:

  • Make-whole Redemption Rate means (i) the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security on the fourth Business Day preceding the Make-whole Redemption Date at 11:00 a.m. (Central European Time ("CET")) ("Reference Dealer Quotation") or (ii) the Reference Screen Rate, as specified in the relevant Final Terms.

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Change of Control Redemption Premium means 125%.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

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

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.