Examples of Voluntary Redemption in a sentence
But Section 1110(a)(2)(B) does not, in fact, affirmatively nullify the contractual provision itself as do Sections 365, 541 and 363.15 Rather, it simply provides that even if such a default exists, a debtor need not cure it.2. Voluntary Redemption U.S. Bank argues that the proposed transaction must be viewed as a voluntary redemption because the Debtors seek to take advantage of more favorable interest rates.
On the Calculation Date, the Calculation Agent will calculate the applicable Voluntary Redemption Rate, will determine the applicable Voluntary Redemption Amount and will inform the Issuer and the Agent thereof at the latest on the first Business Day following the Calculation Date.
If the Issuer decides to make a Voluntary Redemption, the Issuer shall give not less than 15 Business Days’ notice to the Holders and the Agent.
Redemption in accordance with Clause9.3 shall be made by the Issuer giving not less than 30 (thirty) but no more than 60 (sixty) calendar days’ irrevocable notice specifying the Voluntary Redemption Date, which shall be a Business Day within the Voluntary Redemption Period, to the Noteholders in accordance with Clause 20 ( Notices).
Redemption in accordance with Clause9.3 shall be made by the Issuer giving not less than 30 (thirty) but no more than 60 (sixty) calendar days’ irrevocable notice specifying the Voluntary Redemption Date, which shall be a Business Day within the Voluntary Redemption Period, to the Noteholders in accordance with Clause 21 ( Notices).