Redemption Commencement Date definition
Examples of Redemption Commencement Date in a sentence
Redemption provisions, if any, including: Redemption Commencement Date, Initial Redemption Percentage and Annual Redemption Percentage Reduction.
The Notes shall not be redeemable by the Issuer before the Maturity Date unless a Redemption Date or a Redemption Commencement Date is designated in the Specific Terms.
If a Redemption Commencement Date is so specified, and unless otherwise designated in the Specific Terms, the Notes may be so redeemed any time thereafter, in whole or in part, and in any amount equal to an Authorized Denomination or integral multiple thereof (provided that the remaining principal amount thereof shall at least equal an Authorized Denomination) at the Redemption Price together with interest accrued thereon to, but excluding, the Redemption Date.
Unless a Redemption Commencement Date is specified on the face hereof, this Security shall not be redeemable at the option of the Company before the Stated Maturity Date.
At any time and from time to time after a Redemption Commencement Date, QIC may elect, in its sole discretion, to require the Company to redeem any or all of the outstanding Preferred Units for the Preferred Liquidation Preference of such Preferred Units as of the Redemption Date (as defined below) (the “Redemption Amount”).
This Security is not subject to any sinking fund and, unless a Redemption Commencement Date is specified on the face hereof, this Security shall not be redeemable before the Maturity Date specified on the face hereof.
The Initial Redemption Percentage shall decline at each anniversary of the Redemption Commencement Date by the Annual Redemption Percentage Reduction, if any, until the Redemption Price is 100% of unpaid principal amount to be redeemed.
Redemption Commencement Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction: % until Redemption Percentage is 100% of the principal amount.
The notice requirement for the Company's election to honor a Conditional Redemption Right in cash or shares shall operate as follows: Prior to the 10th Trading Day prior to the Conditional Redemption Commencement Date, the Company shall notify the Holder of its election to issue shares or cash upon the Holder's future exercise of its Conditional Redemption Right.
In the event of any of the circumstances described in the foregoing clauses (i) through (v) above, then each of the ACTV Redemption Commencement Date (as defined in Section 11.m below) and the Maximum Restrictive Covenant Date (as defined in Section 11.j below) shall be moved back 1.5 days for each day that any of the circumstances in clauses (i), (ii), (iii) (without regard to the applicability of the Suspension Grace Period), (iv) or (v) exist.