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

  • Upon the deposit by the Fund with the Calculation and Paying Agent of Deposit Securities having an initial combined Market Value sufficient to effect the redemption of the RVMTP Shares of a Series on the Term Redemption Date for such Series in accordance with Section 2.6(d)(ii), the requirement of the Fund to maintain the Term Redemption Liquidity Account as contemplated by this Section 2.12 shall lapse and be of no further force and effect.

  • 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.

  • Notwithstanding the provisions of clause (A) of the preceding sentence, if the Redemption Date is either the Term Redemption Date, or a Mandatory Tender Date, then such deposit of Deposit Securities (which may come in whole or in part from the Term Redemption Liquidity Account) shall be made no later than fifteen (15) calendar days prior to the Term Redemption Date or such Mandatory Tender Date.

  • Notwithstanding the foregoing, if all RVMTP Shares in such Series have been affirmatively retained pursuant to Section 2.5(a)(iv) and/or remarketed pursuant to Section 2.5(b) before the Early Term Redemption Date, the requirement of the Fund to maintain the Term Redemption Amount as contemplated by this Section 2.12(a) shall lapse and be of no further force and effect with respect to such Early Term Redemption Date.


More Definitions of Term Redemption Date

Term Redemption Date is October 1, 2050, subject to extension pursuant to Section 2.6(a)(ii) of the RVMTP Statement.
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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.
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Term Redemption Date has the meaning set forth in the Articles Supplementary.
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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.
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Term Redemption Date means July 30, 2021.
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Term Redemption Date means March 26, 2024.
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Term Redemption Date means (i) March 26, 2020 for the Series A MRP Shares, (ii) March 28, 2022 for the Series B MRP Shares and (iii) March 26, 2024 for the Series C MRP Shares.
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