Option Redemption definition

Option Redemption. The Securities may be redeemed at any time at the option of the Operating Partnership, in whole or in part, at a redemption price equal to the sum of (i) the principal amount of the Securities being redeemed plus accrued interest thereon to the redemption date and (ii) the Make-Whole Amount (as defined in the Indenture), if any, with respect to such Securities. Sinking Fund: N/A
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Option Redemption. The Notes may be redeemed at any time at the option of the Operating Partnership, in whole or in part, at a redemption price equal to the sum of (i) the principal amount of the Notes being redeemed plus accrued interest thereon to the redemption date and (ii) the Make-Whole Amount (as defined in the Indenture), if any, with respect to such Notes. Sinking Fund: N/A
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Option Redemption. Optional Redemption Amount", Optional Redemption Date", "Optional Redemption Notice" and "Optional Redemption Notice Date".
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Examples of Option Redemption in a sentence

  • However, the settlement of the Put Option will be based on each Bondholders holding of Bonds at the Put Option Redemption Date.

  • The portion of this Note subject to redemption pursuant to this Section 8 (the “Optional Redemption Portion”) shall be redeemed by the Company for the Option Redemption Price (as defined in Section 8(b)), which shall be paid to the Holder in cash on the Optional Redemption Date.

  • If Registered Notes are to be redeemed in part only on any date in accordance with Condition 10(c) (Redemption at the option of the Issuer), each Registered Note shall be redeemed in part in the proportion which the aggregate principal amount of the outstanding Registered Notes to be redeemed on the relevant Option Redemption Date (Call) bears to the aggregate principal amount of outstanding Registered Notes on such date.

  • In particular, the Final Terms will identify the Option Redemption Date(s), the Optional Redemption Amount and the applicable notice periods.

  • Each Noteholder may, on any Business Day and subject to compliance with all relevant laws, regulations, directives, on giving an Exercise Notice in accordance with Condition 8.8.2, request the redemption of all or any of such Noteholder's Notes, at the Noteholder's Option Redemption Price on the Noteholder's Optional Redemption Date.

  • The settlement of the Put Option will be based on each Bondholders holding of Bonds at the Put Option Redemption Date.

  • If any of the foregoing conditions shall cease to be satisfied at any time during the required period, then the Holder may elect to nullify the Optional Redemption Notice in which case the Option Redemption Notice shall be null and void, ab initio.

  • Interest will be payable on the Nominal Amount in respect of each successive Interest Period (as defined below) from the Issue Date to the Maturity Date, the Call Option Redemption Date, or the Put Option Redemption Date (as the case may be) only, in arrear on the relevant Interest Payment Date.

  • In the event of the conversion of Bonds pursuant to paragraph (a) (ii) above, the Issuer shall as soon as possible, but in no event later than on the Put Option Redemption Date, issue to and in the names of the relevant Bondholder the number of Shares which are necessary in order to fulfil the Issuer’s obligations to issue new Shares to the relevant Bondholder pursuant to its Conversion Rights.

  • The Put Option Redemption Date will be the 10th Business Day after the end of the Change of Control Exercise Period.


More Definitions of Option Redemption

Option Redemption is defined in clause (d) of the second recital.
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Related to Option Redemption

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Redemption Right has the meaning provided in Section 8.5(a) hereof.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Make-Whole Redemption Amount means the sum of:

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

  • Early Redemption Notice means an irrevocable notice from the Issuer to Noteholders in accordance with Condition 23 (Notices) (or, in the case of Condition 8(f) (Redemption Following the Occurrence of an Event of Default), from the Trustee to the Issuer) that specifies that the Notes are to be redeemed pursuant to one of Conditions 8(c) (Redemption Following a Collateral Event) to 8(f) (Redemption Following the Occurrence of an Event of Default). An Early Redemption Notice given pursuant to Condition 8 (Redemption and Purchase) must contain a description in reasonable detail of the facts relevant to the determination that the Notes are to be redeemed and, in the case of an Early Redemption Notice given by the Issuer, must specify the anticipated Early Redemption Date and which of Conditions 8(c) (Redemption Following aCollateral Event) to 8(f) (Redemption Following the Occurrence of an Event of Default), as the case may be, are applicable. A copy of any Early Redemption Notice shall also be sent by the Issuer, or the Trustee, as the case may be, to all Transaction Parties, save that any failure to deliver a copy shall not invalidate the relevant Early Redemption Notice.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.