Term Redemption Date definition

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

Term Redemption Date has the meaning set forth in the Statement.

Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series, as such date may be extended in accordance with Section 2.6(a) or as may otherwise be agreed in writing by the Fund and the Holders of 100% of the Outstanding RVMTP Shares of such Series.

Examples of Term Redemption Date in a sentence

• The Liquidity Account Initial Date is the date that is six (6) months prior to the Term Redemption Date or, if applicable, the date that is six (6) months prior to the then current Term Redemption Date as extended pursuant to Section 2.6(a)(ii) of the RVMTP Statement or, if such date is not a Business Day, the next succeeding Business Day.

• The “Term Redemption Amount” for any Series of RVMTP Shares shall be equal to the Redemption Price to be paid on the Term Redemption Date for such Series, based on the number of shares of such Series then Outstanding, assuming for this purpose that the Dividend Rate for such Series in effect at the time of the creation of the Term Redemption Liquidity Account for such Series will be the Dividend Rate in effect for such Series until the Term Redemption Date for such Series.

• The Term Redemption Date is July 14, 2051, subject to extension pursuant to Section 2.6(a)(ii) of the RVMTP Statement.

• The Term Redemption Date is September 20, 2053, subject to extension pursuant to Section 2.6(a)(ii) of the RVMTP Statement.

• As part of the September 20, 2023 amendments to the Fund’s Bylaws, Appendix A to the Fund’s Amended and Restated Statement Establishing and Fixing the Rights and Preferences of Remarketable Variable Rate MuniFund Term Preferred Shares dated September 20, 2023 (the “Statement of Rights”) was amended to extend the Early Term Redemption Date for the Fund’s Remarketable Variable Rate MuniFund Term Preferred Shares, Series 2051 (the “Series 2051 Shares”) to September 20, 2026.

More Definitions of Term Redemption Date

Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series, as such date may be extended in accordance with Section 2.5(a) or as may otherwise be agreed in writing by the Fund and the Holders of 100% of the Outstanding VMTP Shares of such Series.

Term Redemption Date has the meaning set forth in the Articles Supplementary.

Term Redemption Date is October 1, 2050, subject to extension pursuant to Section 2.6(a)(ii) of the RVMTP Statement.

Term Redemption Date means December 1, 2021 or such later date to which the Term Redemption Date may be extended in accordance with Section 10(b)(i)(A) of this Statement of Preferences.

Term Redemption Date means July 30, 2021.

Term Redemption Date means October 16, 2023 for the MRP Shares, provided that if such day is not a Business Day, the payment otherwise due on the Term Redemption Date shall be made on the next succeeding Business Day and shall include the additional days elapsed in the computation of dividends payable on such next succeeding Business Day.

Term Redemption Date means (i) the Series O Term Redemption date for the Series O MRP Shares, (ii) the Series P Term Redemption date for the Series P MRP Shares, (iii) the Series Q Term Redemption date for the Series Q MRP Shares, (iv) the Series R Term Redemption date for the Series R MRP Shares and (v) the Series S Term Redemption date for the Series S MRP Shares.