Mandatory Redemption definition

Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

Mandatory Redemption. The meaning specified in Section 9.5 hereof.

Mandatory Redemption means the prepayment, in part, made to the Noteholders without premium made on the Distribution Date on or immediately following the last day of the Funding Period in the event that any amount remains on deposit in the Pre-Funding Account after giving effect to the acquisition of all Subsequent Contracts, including any such acquisition on such date.

Examples of Mandatory Redemption in a sentence

• For the purposes of Condition 8.7, a Mandatory Redemption Event in the form of an "Issuer Call Redemption Event" will occur on the Mandatory Redemption Date designated in the Issuer Call Redemption Notice (or if such day is not a Valuation Date on the first following Valuation Date).

• If any of the Mandatory Redemption Events listed in Condition 8.7 occurs, each ETP Security shall become due and payable on the related Mandatory Redemption Settlement Date at its Mandatory Redemption Amount.

• The Issuer may, on giving an irrevocable notice to the Margin Loan Provider and the ETP Securityholders in accordance with Condition 17, elect to redeem all or some only of the ETP Securities and designate a Mandatory Redemption Date for such purposes, provided that the date designated as the Mandatory Redemption Date shall not be earlier than the fifth calendar day following the date of the relevant notice (such notice an "Issuer Call Redemption Notice").

• The Issuer shall give notice to the ETP Securityholders of the Mandatory Redemption Date and the Mandatory Redemption Settlement Date of the ETP Securities as soon as reasonably practicable in accordance with Condition 17.

• The Issuer shall not be entitled to redeem the Notes otherwise than as provided in Conditions 7(a) (Scheduled Redemption) to 7(e) (Optional Redemption), 7(g) (Redemption at the Option of Noteholders upon a Change of Control) and 7(h) (Mandatory Redemption upon certain Asset Sales).

More Definitions of Mandatory Redemption

Mandatory Redemption shall have the meaning set forth in Section 7(b).

Mandatory Redemption has the meaning specified in the Officer’s Certificate.

Mandatory Redemption means “Mandatory Redemption”, as defined in the New Notes Indenture.

Mandatory Redemption means the circumstances in which the Notes will be redeemed prior to maturity as set out in Condition 8.3;

Mandatory Redemption has the meaning assigned to such term in Section 4.2(a).

Mandatory Redemption means the ability of the Issuer to redeem the Bonds at its option, as further described in § 4 (2);

Mandatory Redemption shall have the meaning set forth in Section 3.2(d).