Definition of Tax Redemption Price


Tax Redemption Price means, for any Notes to be redeemed pursuant to Section 16.01, 100% of the principal amount of such Notes, plus accrued and unpaid interest (including any Additional Amounts), if any, to, but excluding, the Tax Redemption Date (unless the Tax Redemption Date falls after a Regular Record Date but on or prior to the immediately succeeding Interest Payment Date, in which case the Tax Redemption Price will be equal to 100% of the principal amount of such Notes).
Sample 1 Sample 2

Examples of Tax Redemption Price in a sentence

The Notes shall not be deemed repaid and cancelled unless and until the Trustee shall have received in the Payment Account the Early Tax Redemption Price.
Upon surrender of such Notes for redemption in accordance with the notice, such Notes shall be paid by the Issuer at the Early Tax Redemption Price.
Notice of Early Tax Redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Early Tax Redemption Date, as the case may be, become due and payable at the Early Tax Redemption Price therein specified and from and after such date (unless the Issuer shall default in the payment of the Early Tax Redemption Price) such Notes shall cease to bear interest.
At least one Business Day prior to any Early Tax Redemption Date, as the case may be, the Issuer shall deposit with the Trustee an amount of money sufficient to pay the Early Tax Redemption Price, as applicable, of all the Notes.
At least one Business Day prior to any Early Tax Redemption Date the Issuer will provide to the Paying Agent a notice regarding the payment by the Issuer to the Paying Agent of the Early Tax Redemption Price.