Common use of Pro-Rata Redemption Clause in Contracts

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible Debenture, that it shall offer such redemption pro-rata among all Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 3 contracts

Sources: Convertible Debentures and Warrants Purchase Agreement (Detour Media Group Inc), Convertible Debentures and Warrants Purchase Agreement (Detour Media Group Inc), Convertible Debenture and Warrants Purchase Agreement (Affinity Technology Group Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible DebentureDebentures, that it shall offer such redemption pro-rata among all Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 2 contracts

Sources: Convertible Debenture and Warrants Purchase Agreement (Famous Fixins Inc), Convertible Debenture and Warrants Purchase Agreement (Famous Fixins Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem ------------------- any of the Convertible DebentureDebentures, that it shall offer make such redemption pro-rata among all Investors Lenders in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Loan Agreement (Inchorus Com)

Pro-Rata Redemption. The Company agrees that if it shall redeem or require the mandatory exchange of any of the Convertible DebentureExchangeable Preferred Stock, that it shall offer make such redemption pro-rata among all Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Exchangeable Preferred Stock and Warrants Purchase Agreement (Nam Corp)

Pro-Rata Redemption. The Company agrees that if it shall redeem Upon any redemption of any of the Convertible DebenturePreferred Stock pursuant to the terms of the Certificate of Designations, that it the Company shall offer such redemption pro-rata among all Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Convertible Preferred Stock and Warrants Purchase Agreement (Thinkpath Com Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible DebenturePreferred Stock, that it shall offer make such redemption pro-rata among all Investors the Investor and any other then holders of the Convertible Preferred Stock in proportion to their respective initial purchases ownership interests of such securities pursuant to this Agreementsecurities.

Appears in 1 contract

Sources: Convertible Preferred Stock and Warrants Purchase Agreement (Sedona Corp)

Pro-Rata Redemption. The Company agrees that if it shall redeem Upon any redemption of any of the Convertible DebentureSubordinated Debentures, that it the Company shall offer such redemption pro-rata among all Investors in proportion to their respective initial purchases current holdings of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Convertible Subordinated Debentures and Warrants Purchase Agreement (Cray Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible DebentureDebentures, that it shall offer such redemption pro-rata among all Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.. ARTICLE VII

Appears in 1 contract

Sources: Convertible Debentures and Warrants Purchase Agreement (Calypte Biomedical Corp)

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible DebenturePreferred Stock, that it shall offer make such redemption pro-rata among all Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Convertible Preferred Stock and Warrants Purchase Agreement (Sedona Corp)

Pro-Rata Redemption. The Company agrees that if it shall redeem Upon any redemption of any of the ------------------- Convertible DebentureDebentures, that it the Company shall offer such redemption pro-rata among all Investors in proportion to their respective initial purchases current holdings of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Convertible Debentures and Warrants Purchase Agreement (Data Race Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem ------------------- any of the Convertible Debenture, that it shall offer such redemption pro-rata among all Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Convertible Debenture and Warrants Purchase Agreement (Worldwide Wireless Networks Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem Upon any redemption of any of the Convertible DebentureDebentures, that it the Company shall offer such redemption pro-rata among all Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Sources: Senior Secured Convertible Debentures and Warrants Purchase Agreement (World Wide Wireless Communications Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem repurchase any of the Convertible DebentureCommon Shares or Repricing Shares, that it shall offer make such redemption pro-rata among all Investors in proportion their respective initial purchases of such securities shares pursuant to this Agreement.

Appears in 1 contract

Sources: Securities Purchase Agreement (Interactive Telesis Inc)