Common use of Partial Redemptions Clause in Contracts

Partial Redemptions. In case the Company elects to redeem less than all of the Notes, the Company shall redeem the Notes pro rata from each Noteholder. For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 5 contracts

Samples: Purchase Agreement (FCA Acquisition Corp.), Loan Agreement (Krug International Corp), Purchase and Security Agreement (Brown Jordan International Inc)

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Partial Redemptions. In case the Company elects to redeem less than all of the Notes, the Company shall redeem the Notes pro rata from each NoteholderHolder; provided, however, that any such redemption shall be for an aggregate principal amount of not less than $2,000,000. For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 2 contracts

Samples: Purchase Agreement (Pca International Inc), Purchase Agreement (Pca International Inc)

Partial Redemptions. In case the Company elects to redeem less than all of the Notes, the Company shall redeem the Notes pro rata from each NoteholderHolder. For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 2 contracts

Samples: Exchange Agreement (Check Mart of New Mexico Inc), Exchange Agreement (Check Mart of New Mexico Inc)

Partial Redemptions. In case the Company elects to redeem less than all of the Notes, the Company shall redeem the Notes pro rata from each NoteholderHolder; provided, however, that any such redemption shall be for an aggregate principal amount of not less than $5,000,000. For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 1 contract

Samples: Purchase Agreement (Ruths Chris Steak House, Inc.)

Partial Redemptions. In case the Company elects to redeem or is required to redeem less than all of the Notes, the Company shall redeem the Notes pro rata from each Noteholder. For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 1 contract

Samples: Purchase Agreement (Iowa Telecommunications Services Inc)

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Partial Redemptions. In case the Company elects to redeem less than all of the Notes, the Company shall redeem the Notes pro rata PRO RATA from each Noteholder. For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Purchase Agreement (Terremark Worldwide Inc)

Partial Redemptions. In case the Company elects to redeem less ------------------- than all of the Notes, the Company shall redeem the Notes pro rata from each NoteholderHolder. For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 1 contract

Samples: Purchase Agreement (Dollar Financial Group Inc)

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