Purchased VRDP Shares definition

Purchased VRDP Shares means all shares of a Series of VRDP Shares purchased by the Liquidity Provider pursuant to the VRDP Shares Purchase Agreement, so long as the Liquidity Provider continues to be the beneficial owner for federal income tax purposes of such VRDP Shares.
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Purchased VRDP Shares means all VRDP Shares purchased by the Liquidity Provider pursuant to the VRDP Purchase Agreement, so long as such VRDP Shares are owned by the Liquidity Provider.
Sample 1
Purchased VRDP Shares means all VRDP Shares purchased by the Liquidity Provider pursuant to the VRDP Purchase Agreement, so long as such VRDP Shares are owned by the Liquidity Provider.
Sample 1

Examples of Purchased VRDP Shares in a sentence

  • Accordingly, BANA has acknowledged that (i) such purchase of the VRDP Shares by BANA does not constitute a Failed Remarketing Condition-Purchased VRDP Shares, and (ii) except as provided in “Additional Provisions Relating to the Termination of Special Rate Period” in the Notice of Special Rate Period, the beneficial ownership of such VRDP Shares by BANA shall not require a Failed Remarketing Condition- Purchased VRDP Shares Redemption.

  • The Corporation shall cause the Custodian not to permit any lien, security interest or encumbrance to be created or permitted to exist on or in respect of any Liquidity Account Investments included in the Liquidity Account for any Purchased VRDP Shares, other than liens, security interests or encumbrances arising by operation of law and any lien of the Custodian with respect to the payment of its fees or repayment for its advances.

  • The Deposit Securities included in the Liquidity Account for any Purchased VRDP Shares may be applied by the Corporation, in its discretion, towards payment of the Redemption Price for such Purchased VRDP Shares.

Related to Purchased VRDP Shares

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Sold Shares shall have the meaning specified in Section 6.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Purchased Interests has the meaning set forth in the Recitals.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • Purchase Shares has the meaning set forth in Section 2.5(c).

  • Purchased Securities has the meaning assigned in the Terms;

  • Company Shares has the meaning set forth in the Recitals.

  • Target Shares means common shares in the capital of Target, as currently constituted;

  • Transferred Interests has the meaning set forth in the Recitals.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Purchased Interest means, at any time, the undivided percentage ownership interest of the Purchasers in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage ownership interest shall be computed as:

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Membership Interests has the meaning set forth in the recitals.