Common use of Corporation’s Redemption Option Clause in Contracts

Corporation’s Redemption Option. Upon or after 5 years after the Issuance Date (“Dividend Maturity Date”), the Corporation will have the right, at the Corporation’s option, to redeem all or a portion of the shares of Series C Preferred Stock, at a price per share equal to 100% of the Liquidation Value.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ascent Solar Technologies, Inc.)

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Corporation’s Redemption Option. Upon or after 5 7 years after the Issuance Date (“Dividend Maturity Date”), the Corporation will have the right, at the Corporation’s option, to redeem all or a portion of the shares of Series C Preferred StockA Preference Shares, at a price per share equal to 100% of the Series A Liquidation Value.

Appears in 1 contract

Samples: Share Subscription Agreement (NewLead Holdings Ltd.)

Corporation’s Redemption Option. Upon or after 5 18 years after the Issuance Date (“Dividend Derivative Maturity Date”), the Corporation will have the right, at the Corporation’s option, to redeem all or a portion of the shares of Series C A Preferred Stock, at a price per share equal to 100% of the Series A Liquidation ValueValue (the “Corporation Redemption Price”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Cereplast Inc)

Corporation’s Redemption Option. Upon or after 5 18 years after the Issuance Date (“Dividend Derivative Maturity Date”), the Corporation will have the right, at the Corporation’s option, to redeem all or a portion of the shares of Series C B Preferred Stock, at a price per share equal to 100% of the Series A Liquidation ValueValue (the “Corporation Redemption Price”).

Appears in 1 contract

Samples: Stock Purchase Agreement (VelaTel Global Communications, Inc.)

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Corporation’s Redemption Option. Upon or after 5 years after the Issuance Date (“Dividend Maturity Date”), the Corporation will have the right, at the Corporation’s option, to redeem all or a portion of the shares of Series C B Preferred Stock, at a price per share equal to 100% of the Series B Liquidation Value.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ascent Solar Technologies, Inc.)

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