Examples of Acquisition Termination Redemption Date in a sentence
If the Corporation provides such notice of an Acquisition Termination Redemption to Holders, then, on the Acquisition Termination Redemption Date, the Corporation shall be required to redeem the Series A Preferred Stock, in whole but not in part, at a redemption amount per share of Series A Preferred Stock equal to the Acquisition Termination Make-whole Amount.
The fact that the amendment establishes a fund to finance costs under the amendment does not defeat the fact that the Director’s salary is not specifically subject to the avail- ability of appropriated funds.
Upon an Acquisition Termination Redemption Event, the Company shall pay the sum of 101% of the aggregate principal amount of the 2023 Notes (the “ Acquisition Termination Redemption Price”), plus, accrued and unpaid interest, if any, to, but excluding, the Acquisition Termination Redemption Date.
Notwithstanding the foregoing, installments of interest on the 2023 Notes that are due and payable on Interest Payment Dates falling on or prior to an Acquisition Termination Redemption Date shall be payable on the Interest Payment Date to the Persons in whose name the 2023 Notes are registered at the close of business on the relevant record date according to the 2023 Notes and the Indenture.
The Corporation shall instead pay a cash adjustment to each Holder that would otherwise be entitled to a fraction of a share of Common Stock based on the Average VWAP per share of Common Stock over the five consecutive Trading Day period beginning on, and including, the sixth Scheduled Trading Day immediately preceding the Acquisition Termination Redemption Date.
Upon the Acquisition Termination Redemption Date for the 2023 Notes, interest shall cease to accrue on the 2023 Notes unless the Company defaults in the payment of the Acquisition Termination Redemption Price and accrued interest, if any.
On or before the Acquisition Termination Redemption Date for the 2023 Notes, the Company shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Acquisition Termination Redemption Price of the 2023 Notes to be redeemed on the Acquisition Termination Redemption Date, and (except if the Acquisition Termination Redemption Date shall be an Interest Payment Date) accrued interest, if any.
If the Corporation provides notice of Acquisition Termination Redemption to Holders, then, on the Acquisition Termination Redemption Date, the Corporation will redeem the shares of Mandatory Convertible Preferred Stock, in whole, but not in part, at a redemption amount per share of Mandatory Convertible Preferred Stock equal to the Acquisition Termination Make-Whole Amount.
Such notice will also specify the Acquisition Termination Redemption Date.