Par Redemption Amount definition

Par Redemption Amount means a cash redemption price of 100% of the principal amount of the Junior Subordinated Debentures to be redeemed, plus accrued and unpaid interest, together with any Compounded Interest, on such Junior Subordinated Debentures to the date of redemption.

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Par Redemption Amount means an amount equal to the principal amount of the Notes or (in case of a partial redemption of Notes) of the Redeemed Notes.

Par Redemption Amount means $5,000,000.

Examples of Par Redemption Amount in a sentence

• The Redemption Price upon an Optional Redemption or a Tax Event shall be the Par Redemption Amount.

• At any time prior to December 15, 2031, the Company shall have the right to redeem the Junior Subordinated Debentures in whole, but not in part, and only following the occurrence of a Tax Event or a Rating Agency Event, at a cash redemption price equal to the greater of (i) the Par Redemption Amount and (ii) the Special Event Make-Whole Redemption Amount.

• Prior to April 20, 2017, the Company shall have the right, at its option, to redeem the Capital Securities in whole but not in part, including, but not limited to, upon the occurrence of a Tax Event or a Rating Agency Event, at a cash redemption price of the greater of (i) the Par Redemption Amount and (ii) the Make-Whole Redemption Amount.

• The Company may, at its option, redeem the Notes (a) in whole or in part, on or after June 1, 2016 at the Par Redemption Amount; provided that if the Notes are not redeemed in whole, at least $50 million aggregate principal amount of the Notes (excluding Notes held by the Company or any of its Affiliates) remains outstanding after giving effect to such redemption; or (b) in whole but not in part at any time at the Make-Whole Redemption Amount.

• Prior to May 17, 2016, the Company shall have the right, at its option, to redeem the Capital Securities in whole but not in part, including, but not limited to, upon the occurrence of a Tax Event, at a cash redemption price of the greater of (i) the Par Redemption Amount and (ii) the Make-Whole Redemption Amount.

More Definitions of Par Redemption Amount

Par Redemption Amount means (x) in the case where the unused Deposits are returned due to the fault or negligence of the Company, $0 and (y) in all other cases $16,000,000.

Par Redemption Amount means a cash redemption price equal to 100% of the principal amount of the ICONs to be redeemed, plus accrued and unpaid interest, together with any Compounded Interest on such ICONs equal to and including the redemption date.

Par Redemption Amount means an amount equal to: (i) the aggregate Principal Amount, plus (ii) an amount equal to accrued Interest Payments, if any, for the then-current Interest Period accrued on a daily basis to the Redemption Date, plus (iii) Arrears of Interest, if any, plus (iv) interest on Arrears of Interest, if any, plus (v) all other amounts due thereon.

Par Redemption Amount means a cash redemption price of 100% of the principal amount of the Junior Subordinated Debentures to be redeemed, plus accrued and unpaid interest, together with any Compounded Interest, thereon, to the extent permitted by law, to, but excluding, such Redemption Date.

Par Redemption Amount means $10 million.

Par Redemption Amount means a cash redemption price of 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, together with Compounded Interest thereon, to the Redemption Date.

Par Redemption Amount means $3,000,000. ---------------------