Common use of Pro-Rata Redemption Clause in Contracts

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

Appears in 7 contracts

Samples: Loan Agreement (Pawnbroker Com Inc), Loan Agreement (Avanir Pharmaceuticals), Loan Agreement (American Champion Entertainment Inc)

AutoNDA by SimpleDocs

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

Appears in 3 contracts

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

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

Appears in 2 contracts

Samples: Registration Rights Agreement (Famous Fixins Inc), And Warrants Purchase Agreement (Famous Fixins Inc)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Escrow Agreement (Calypte Biomedical Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.