Mandatory Redemption Event definition

Mandatory Redemption Event has the meaning given to it in Condition 8.7.
Mandatory Redemption Event means the occurrence of any of the following:
Mandatory Redemption Event means in the event that the conditions precedent set out in Clause 6.1 (Conditions precedent for disbursement to the Issuer) have not been fulfilled within the Longstop Date.

Examples of Mandatory Redemption Event 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).


More Definitions of Mandatory Redemption Event

Mandatory Redemption Event means any of the events described in Conditions 2(b)(1), (2) or (3).
Mandatory Redemption Event means the Company's failure to comply with (i) Section 1.02 of the Insurance Agreement, the continuance of such failure for a period in excess of 10 days after receipt by the Company of written notice thereof from the Insurer and the receipt by the Trustee of notice thereof in accordance with Section 108 hereof; or (ii) Section 3.01 or Section 3.02 of the Insurance Agreement, the continuance of such failure for a period in excess of 30 days after receipt by the Company of written notice thereof from the Insurer and the receipt by the Trustee of notice thereof in accordance with Section 108 hereof.
Mandatory Redemption Event means a failure by the Company or any subsidiary to acquire all outstanding shares of capital stock of 123tv Invest GmbH and 123tv Holding GmbH within 180 days after the issue date of the Initial Notes.
Mandatory Redemption Event means any of:
Mandatory Redemption Event means the earliest to occur of: (a) the sale, lease or other disposition by the Company of all or substantially all of the assets of the Corporation; (b) a merger or consolidation of the Corporation with or into another entity in a transaction in which the shareholders of the Corporation own less than fifty percent (50%) of the voting securities of the surviving or resulting corporation immediately after such merger or consolidation; (c) the sale, transfer or other disposition by the Company of all or substantially all of the capital stock of the Corporation (including, without limitation, any and all shares, interests, rights to purchase, warrants, options, participation or other equivalents of or in (however designated) capital stock of the Corporation; or (d) a Qualified IPO.
Mandatory Redemption Event has the meaning assigned to such term in Section 3.02.