Mandatory Purchase Date definition

Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with this Statement and the VRDP Purchase Agreement.

Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with these Articles Supplementary and the VRDP Shares Purchase Agreement.

Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase determined in accordance with the Statement of Preferences and this Agreement.

Examples of Mandatory Purchase Date in a sentence

• The Bank’s failure to so respond to (1) a requested extension of the Mandatory Purchase Date shall constitute the Bank’s denial of such request or (2) a notification of intent to convert the Interest Rate Mode shall constitute the Bank’s rejection of a purchase or provision of credit or liquidity by the Bank in the case of the described conversion.

• The notice shall state the Mandatory Purchase Date, the Purchase Price and that interest on 2020A-1 Bonds subject to mandatory purchase shall cease to accrue from and after the Mandatory Purchase Date.

• The Authority shall pay all other Required Payments as and when required hereunder and under the other Related Documents and, if not previously paid, shall pay all Required Payments due and owing on the first to occur of any Mandatory Purchase Date or Amortization End Date.

• At any time not earlier than one hundred fifty (150) days prior to the Mandatory Purchase Date and provided no Event of Default has occurred and is continuing, the Agency may by written notice to the Bank request that the Mandatory Purchase Date and the term of this Agreement be extended, on terms and conditions to be mutually agreed to by the Agency and the Bank.

• The notice shall state the Mandatory Purchase Date, the Purchase Price and that interest on 2019C Bonds subject to mandatory purchase shall cease to accrue from and after the Mandatory Purchase Date.

More Definitions of Mandatory Purchase Date

Mandatory Purchase Date for any Series of Bonds, means any date specified as such in the applicable Certificate of Determination.

Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with the Articles Supplementary and this Agreement.

Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase determined in accordance with the Articles Supplementary and this Agreement.

Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with this Certificate of Designation and the VRDP Shares Purchase Agreement.

Mandatory Purchase Date means (i) any Purchase Date for 2023 Series N-2 Bonds in the Term Rate Mode, (ii) any Mode Change Date or proposed Mode Change Date and (iii) any other date that 2023 Series N-2 Bonds are subject to mandatory purchase in accordance with Section 7.4 or Section 7.5 of this Series Indenture.

Mandatory Purchase Date means (i) the Purchase Date of Series 2011B Bonds bearing interest at a Flexible Rate, Term Rate, LIBOR Index Rate, or SIFMA Index Rate, (ii) any Mode Change Date (except for change in Mode between the Daily Mode, Two Day Mode, and the Weekly Mode), (iii) the Expiration Tender Date, (iv) the Substitution Date, (v) the Notice Termination Tender Date, (vi) for the Series 2011B Bonds in the Daily Mode, Two Day Mode or Weekly Mode, any Business Day specified by the Airports Authority not less than twenty (20) days after the Trustee’s receipt of such notice from the Airports Authority and in no event later than the day preceding the Expiration Date, and

Mandatory Purchase Date means the earliest of (i) August 19, 2024, the date on which the Bonds are subject to mandatory tender for purchase, pursuant to Section 4.09 of the Indenture, (ii) the date on which the interest rate mode of the Bonds is converted from the interest rate mode in effect on the Closing Date to another interest rate mode, and (iii) the date on which the Bonds are required to be redeemed or purchased in full pursuant to the Indenture.