Mandatory Redemption Date

Mandatory Redemption Date. (i) in the case of a mandatory redemption upon a mandatory conversion of the Perpetual PIERS, the third Business Day after the last day of the applicable Stock Settlement Averaging Period, which shall commence on the second Settlement Period Trading Day after the date on which the Company issues a press release announcing the mandatory conversion of the Perpetual PIERS; or (ii) in the case of a mandatory redemption upon a termination of a Remarketing, the third Business Day after the applicable... Stock Settlement Averaging Period, which shall commence on the second Settlement Period Trading Day after the last day of the Remarketing Election Period. View More

Mandatory Redemption Date. (i) with respect to any Extraordinary Cash Proceeds Mandatory Redemption, the date that is thirty (30) days after the date on which the applicable Cash Proceeds were received by the Maker or any of its Subsidiaries, and (ii) with respect to any Cash Royalty Mandatory Redemption, the date that the corresponding Royalty is due and payable pursuant to the Royalty Agreement; provided that if any Mandatory Redemption Date falls on a day other than a Business Day, such Mandatory Redemption Date shall... instead be the next date that is a Business Day View More

Mandatory Redemption Date. The seventh anniversary of the Original Issue Date.