Examples of Redemption Call Purchase Price in a sentence
If CSAC exercises the Redemption Call Right then, on the Redemption Date or the Later Redemption Date, as applicable, CSAC will purchase and the Exchangeable Shareholders (other than any Exchangeable Shareholder which is an Affiliate of CSAC) will sell all of the Exchangeable Shares then outstanding on the Redemption Date or the Later Redemption Date, as applicable, for a price per Exchangeable Share equal to the Redemption Call Purchase Price.
Provided that the total Redemption Call Purchase Price is delivered or paid on the Redemption Date or the Later Redemption Date, as applicable, the Exchangeable Shareholders (other than any Exchangeable Shareholder which is an Affiliate of CSAC ) shall thereafter be considered and deemed for all purposes to be the holders of CSAC Subordinate Voting Shares delivered to them.
If Callco exercises the Redemption Call Right, on the Redemption Date, Callco will purchase and the holders of Exchangeable Shares (other than LSEG and its affiliates) will sell all of the Exchangeable Shares then outstanding for a price per Exchangeable Share equal to the Redemption Call Purchase Price.
In any such case, such notice shall set out the formula for determining the Redemption Price or the Redemption Call Purchase Price, as the case may be, the Redemption Date and, if applicable, particulars of the Redemption Call Right.
In the event of the exercise of the Redemption Call Right by Callco, each holder (other than LSEG and its affiliates) shall be obligated to sell all the Exchangeable Shares held by the holder to Callco on the Redemption Date on payment by Callco to the holder of the Redemption Call Purchase Price for each such share, and Exchangeco shall have no obligation to redeem, or to pay any Redemption Price or unpaid dividends in respect of, such shares so purchased by Callco.