Mandatory Redemptions. If a Holder so elects, the Issuer shall redeem the Notes held by such Electing Holder, in full, at a redemption price equal to 100% of the aggregate principal amount of the Notes to be redeemed upon the occurrence of an IPO (as defined in the Note Subscription Agreement).
Appears in 4 contracts
Samples: Note Subscription Agreement (Krispy Kreme, Inc.), Note Subscription Agreement (Krispy Kreme, Inc.), Note Subscription Agreement (Krispy Kreme, Inc.)
