Early redemption by the Company Sample Clauses

Early redemption by the Company. Subject to the restrictions set out in Condition 6(c), the Company may, without penalty, redeem any Note at any time after the Call Option Expiry Date at its principal amount (together with any interest accrued but unpaid thereon to the date of payment of the redemption monies and any other sum due to the relevant Noteholder hereunder).
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Early redemption by the Company. On each of the Interest Payment Dates and in the absence of prior First Listing, the Company shall be entitled to redeem in principal and interest a number of CBs representing a nominal amount of at least EUR 1,000,000, provided that it also pays an early redemption premium, “P” (hereinafter referred to as the “Early Redemption Premium”), to be calculated as follows: P = 0.06xMxX/N, where “M” is equal to the nominal amount of the CBs whose redemption is requested by the Company, and “N” corresponds to the total number of Interest Payment Dates over the period from the Entitlement Date of the first tranche’s CBs (inclusive) to Maturity (inclusive). “X” is equal to 1 if the redemption is requested by the Company on the first Interest Payment Date (as defined in paragraph I.3.2 above), 2 if redemption is requested by the Company on the second Interest Payment Date, and so on, up to N.
Sample 1
Early redemption by the Company. Xxx Xxx The Company may at any time after the third anniversary redeem the relevant 5-Year Bonds then outstanding in whole or in part at an amount which is 100% of the outstanding principal amount to be redeemed (together with interest accrued thereon) The Company may at any time after the fourth anniversary redeem the relevant 7-Year Bonds then outstanding in whole or in part at an amount which is 100% of the outstanding principal amount to be redeemed (together with interest accrued thereon) Early redemption by the Bondholders : Xxx Xxx The Bondholders may at any time after the third anniversary redeem the relevant 5-Year Bonds then outstanding at an amount which is 100% of the outstanding principal amount to be redeemed, subject to payment of administration fees by the Bondholders The Bondholders may at any time after the fourth anniversary redeem the relevant 7-Year Bonds then outstanding at an amount which is 100% of the outstanding principal amount to be redeemed, subject to payment of administration fees by the Bondholders Issue Price : 100% of the principal amount of the Bonds. Form : In registered form. Status of the Bonds : The obligations of the Company arising under the Bonds constitute direct, general, unconditional, unsubordinated and unsecured obligations of the Company and rank and shall at all times rank equally among themselves and pari passu with all other present and future unsecured and unsubordinated obligations of the Company except for obligations accorded preference by mandatory provisions of applicable law. The Bonds do not carry any right of conversion or exchange into the shares of the Company. The Bonds do not carry any entitlement of voting by the Bondholders at any Shareholders’ meeting of the Company, nor do they carry any right to dividends, distribution of profits or return of capital of the Company. Redemption on Maturity Date : Unless previously redeemed and cancelled, the Company shall redeem the relevant Bonds on the relevant Maturity Date at the redemption amount which is the principal amount of the Bonds outstanding, together with interest accrued thereon up to and including the actual date of redemption. Event of Default : Upon the occurrence of an event of default under the terms and conditions of the relevant Bonds, Bondholder(s) may request the Company to redeem the Bonds then outstanding at an amount which is 100% of the principal amount of the Bonds then outstanding (together with interest accrued thereon). Tra...
Sample 1

Related to Early redemption by the Company

  • Optional Redemption by the Company The Notes may be redeemed at any time as a whole or from time to time in part, subject to the conditions and at the Redemption Prices specified in the form of Notes set forth in Exhibit A hereto, which are hereby incorporated by reference and made a part of this Indenture, together with accrued and unpaid interest to the Redemption Date.

  • Termination by the Company This Agreement may be terminated by the Company at any time prior to the Effective Time:

  • Redemption by Trust (a) Unless the Trustees otherwise determine with respect to a particular Series or Class at the time of establishing and designating the same, each Share of each Series or Class thereof that has been established and designated is subject to redemption (out of the assets belonging to the applicable Series or Class) by the Trust at the redemption price which would be applicable if such Share were then being redeemed by the Shareholder pursuant to Section 7.2 at any time if the Trustees determine that it is in the best interest of the Trust to so redeem such Shares, which determination may be delegated to the investment adviser of the Trust. Upon such redemption the holders of the Shares so redeemed shall have no further right with respect thereto other than to receive payment of such redemption price. Without limiting the generality of the foregoing, the Trustees may cause the Trust to redeem (out of the assets belonging to the applicable Series or Class) all of the Shares of one or more Series or Classes held by (i) any Shareholder if the value of such Shares held by such Shareholder is less than the minimum amount established from time to time by the Trustees, (ii) all Shareholders of one or more Series or Classes if the value of such Shares held by all Shareholders is less than the minimum amount established from time to time by the Trustees or (iii) any Shareholder to reimburse the Trust for any loss or expense it has sustained or incurred by reason of the failure of such Shareholder to make full payment for Shares purchased by such Shareholder, or by reason of any defective redemption request, or by reason of indebtedness incurred because of such Shareholder or to collect any charge relating to a transaction effected for the benefit of such Shareholder or as provided in the prospectus relating to such Shares.

  • Other Termination by the Company If the Company terminates Executive’s employment without Cause before this Agreement terminates, or Executive terminates his employment for Good Reason (defined below) before this Agreement terminates, the Company will pay Executive a payment having a present value equal to the compensation and other benefits he would have been entitled to for the remainder of the term if his employment had not terminated. All payments made pursuant to this Section 9(b) shall be completed no later than March 15 of the calendar year following the calendar year in which Executive’s employment terminates.

  • Termination by the Corporation If the Executive’s employment is terminated by the Corporation upon the giving of written notice of such termination to the Executive at any time within the 6 month period following a Change of Control (other than for Just Cause, Disability or Death), then the Executive shall be entitled to the following:

  • Confirmation by the Company The Company must provide written confirmation to the Underwriter that the Underwriter’s instructions to restrict or prohibit trading have been executed. The Company agrees to provide confirmation as soon as reasonably practicable, but not later than ten (10) business days after the instructions have been executed.

  • Termination by the Company with Cause The Company shall have the right at any time to terminate the Executive's employment hereunder without prior notice upon the occurrence of any of the following (any such termination being referred to as a termination for "Cause"):

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