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
Sources: Loan Agreement (Aquis Communications Group Inc), Loan Agreement (McGlen Internet Group Inc), Loan Agreement (Avanir Pharmaceuticals)
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
Sources: Convertible Debentures and Warrants Purchase Agreement (Calypte Biomedical Corp)