Common use of Company Optional Redemption Clause in Contracts

Company Optional Redemption. At any time after the Issuance Date, the Company shall have the right to redeem all or any portion of the Outstanding Amount then remaining under this Note (each, a "Company Optional Redemption Amount") on a Company Optional Redemption Date (each as defined below) (each, a "Company Optional Redemption"). The portion of this Note subject to redemption pursuant to this Section 9 shall be redeemed by the Company in cash at a price equal to 100% of the Outstanding Amount being redeemed (the "

Appears in 4 contracts

Samples: Note Agreement (Top Ships Inc.), Note Purchase Agreement (Top Ships Inc.), Note (Top Ships Inc.)

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