Class A Reset Date definition

Class A Reset Date means the first Class A Distribution Date immediately following September 29, 2027 or the seventh (7th) anniversary of the immediately preceding Class A Reset Date, provided, however, that in the event of a Class A Failed Mandatory Remarketing, the date that is three (3) months following such Class A Failed Mandatory Remarketing Reset Date shall be a Class A Reset Date.
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Class A Reset Date means, with respect to the Class A Limited Membership Interests, (i) June 28, 2007 and (ii) thereafter, July 15, 2012 and each 60-month anniversary of such date; provided that if such anniversary is not a Business Day, the Class A Reset Date shall be the first Business Day preceding such anniversary.
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Class A Reset Date means (a) with respect to the Class A-1 Limited Membership Interests, the Class A-2 Limited Membership Interests and the Class A-3 Limited Membership Interests, the first Class A Distribution Date immediately following September 29, 2027 or the seventh (7th) anniversary of the immediately preceding Class A Reset Date and (b) with respect to the Class A-4 Limited Membership Interests, November 1, 2028 or the fourth (4th) anniversary of the immediately preceding Class A Reset Date; provided, however, that in the event of a Class A Failed Mandatory Remarketing, the date that is three (3) months, in the case of the Class A-1 Limited Membership Interests, the Class A-2 Limited Membership Interests and the Class A-3 Limited Membership Interests, and six (6) months, in the case of the Class A-4 Limited Membership Interests, following such Class A Failed Mandatory Remarketing Reset Date shall be a Class A Reset Date with respect to the applicable Remarketed Class A Limited Membership Interests.
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Examples of Class A Reset Date in a sentence

  • The Class A Preferred Return Rate is subject to reset as provided herein on each Class A Reset Date.

  • During the period commencing ninety (90) days and ending forty-five (45) days prior to a Class A Reset Date (the “Consultation Period”), the Company and the Class A Limited Members shall consult with one another (and the Administrative Agent (if any) shall coordinate such consultation) to determine whether the Company and the Class A Limited Members are able to agree upon a Class A Preferred Return Rate for the Class A Reset Period commencing on such Class A Reset Date.

  • In the event the Company and all of such holders of Class A Limited Membership Interests reach agreement at least forty-five (45) days before such Class A Reset Date, the Class A Preferred Return Rate will be reset on the Class A Reset Date to the amount so agreed and will remain in effect until the next Class A Reset Date.

  • In the event agreement is reached at least forty-five (45) days before such Class A Reset Date, the Class A Preferred Return Rate will be reset as of such Class A Reset Date pursuant to such agreement and will remain in effect until the following Class A Reset Date.

  • The aggregate Preferred Return Capital of the Class A Members as of the initial Class A Reset Date is $248,120,718.

  • During the period commencing ninety (90) days and ending forty-five (45) days prior to each Class A Reset Date, the Company and the holders of all the Class A Limited Membership Interests shall consult with one another to determine whether they are able to agree upon a Class A Preferred Return Rate in advance of such Class A Reset Date.

  • In the event no agreement pursuant to this Section 7.1(b) is reached at least forty-five (45) days before the relevant Class A Reset Date, the Company shall, on a date no later than such Class A Reset Date, conduct an auction or mandatory remarketing (a “Class A Mandatory Remarketing”) to set the applicable Class A Preferred Return Rate pursuant to Section 7.1(c)(i).

  • As evidenced by that certain Rate Reset Agreement dated May 29, 2007 by the Company, GMCO, RBDB and TPC, the Class A Limited Members agreed upon the Class A Preferred Return Rate for the June 28, 2007 initial Class A Reset Date as required by Section 7.1(b) of the Third Amended and Restated LLC Agreement and made certain related amendments to the Third Amended and Restated LLC Agreement.

  • The Class A Preferred Return Rate so determined on such Class A Reset Date shall remain in effect until the following Class A Reset Date.

  • In connection with each Class A Reset Date, the Capital Accounts of all the Members (including the Class A Limited Members) shall be redetermined as set forth in Section 7.1(d).


More Definitions of Class A Reset Date

Class A Reset Date means (i) with respect to any Class A Remarketing prior to the second Scheduled Reset Date, June 28, 2007 and any other date on which a Class A Remarketing is required prior to the second Scheduled Reset Date and (ii) thereafter, any reset date established pursuant to Section 7.2(a) in connection with a Class A Remarketing conducted pursuant to Sections 7.1(d) and 7.2.
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Related to Class A Reset Date

  • Reset Date means the First Trading Date and thereafter each day (except Saturday and Sunday) as determined in the reasonable discretion of the Determination Agent pursuant to §317 BGB and in consideration of the relevant capital market practice and by acting in good faith.

  • SOFR Reset Date means each Business Day during the relevant Interest Period, provided however that if both a Benchmark Event and a SOFR Index Cessation Date have occurred, it shall mean: (i) in respect of the period from, and including, the first day of the Interest Period in which the SOFR Index Cessation Date falls (such Interest Period, the “Affected Interest Period”) to, but excluding, the SOFR Index Cessation Date (such period, the “Partial SOFR Period”), each Business Day during the Partial SOFR Period; (ii) in respect of the period from, and including, the SOFR Index Cessation Date to, but excluding, the Interest Payment Date in respect of the Affected Interest Period (such period, the “Partial Fallback Period”), each New York City Banking Day during the Partial Fallback Period; and (iii) in respect of each Interest Period subsequent to the Affected Interest Period, each New York City Banking Day during the relevant Interest Period.

  • Interest Reset Date means, with respect to any Interest Period with respect to the Floating Rate Notes, the first day of such Interest Period; provided that if any Interest Reset Date would otherwise be a day that is not a Business Day, that Interest Reset Date will be postponed to the next succeeding day that is a Business Day, except that if that Business Day falls in the next succeeding calendar month, such Interest Reset Date will be the immediately preceding Business Day.

  • Subsequent Reset Date means the date or dates specified in the applicable Final Terms;

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).