Definition of Tender Notice Date


Tender Notice Date means the Business Day that the Trustee and/or the Tender Agent receives a Tender Notice before 5:00 p.m. New York City time; provided, however, if the Trustee and/or Tender Agent receives a Tender Notice after 5:00 p.m. New York City time, the Tender Notice Date shall be the next succeeding Business Day.
Sample 1

Examples of Tender Notice Date in a sentence

The date the Trustee receives the notice is the "Owner Optional Tender Notice Date." The giving of such Tender Notice shall constitute the irrevocable tender for purchase of such Bond on the purchase date for such Bond designated by the Remarketing Agent pursuant to the next paragraph of this Section.