Redemption and Call Sample Clauses

Redemption and Call. The Trust Property is subject to redemption in accordance with the terms of the Underlying Securities and as described in Schedule II. Any such redemption will cause a redemption of a corresponding portion of the Class A Units and the Class B Units. The Class A Units and the Class B Units are subject to call in accordance with the Warrant Terms. If the Warrants are partially exercised or if there is a partial redemption of the Underlying Securities, the Trustee will randomly select Class A Units to be redeemed in full from the proceeds of such partial redemption or called in full from the proceeds of such partial exercise. The Trustee will also select for call or redemption a Notional Amount of Class B Units, up to a Notional Amount equal to the Unit Principal Balance of Class A Units subject to such call or redemption, (i) first, from Class B Units held by any Warrantholder who has exercised its Warrants (provided that the Warrantholder as holder of such Class B Units can tender delivery of such Class B Units to the Trustee and identify such Class B Units to the satisfaction of the Trustee as owned by such Warrantholder), and (ii) then, from other Class B Units by random selection.
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Redemption and Call. The Trust Property is subject to redemption in accordance with the terms of the Underlying Securities and as described in Schedule II. Any such redemption will cause a redemption of a corresponding portion of the Class A Units and the Class B Units. The Class A Units and the Class B Units are subject to call in accordance with the Warrant Terms. If the Warrants are partially exercised or if there is a partial redemption of the Underlying Securities, the Trustee will randomly select Class A Units to be redeemed in full from the proceeds of such partial redemption or called in full from the proceeds of such partial exercise. The Trustee will also randomly select Class B Units for call or redemption in an amount equal to an Initial Notional Amortizing Balance of Class B Units corresponding to the Applicable Class B Equivalent Amount.
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Redemption and Call. A. Subject to the conditions set forth below, the Corporation shall have the right, at any time at which a Notice of Exercise is delivered and the Exercise Price is less than the Floor Price and provided the Corporation is not in material violation of any of its obligations under this Prepaid Warrant, the Securities Purchase Agreement or the Registration Rights Agreement and so long as no Event of Default shall have occurred and be continuing (and the Holder doesn't waive such violation or Event of Default), to redeem (an "OPTIONAL REDEMPTION") all of the Exercise Amount subject to such Notice of Exercise for cash, at an amount per share equal to the Optional Redemption Amount (as defined below). For purposes hereof, the "OPTIONAL REDEMPTION AMOUNT" means: V ---------- X M EP where:
Sample 1
Redemption and Call. The Trust Property is subject to redemption in accordance with the terms of the Underlying Securities and as described in Schedule II. Any such redemption will cause a redemption of a corresponding portion of the Units. The Units are subject to call in accordance with the Warrant Terms. If the Warrants are partially exercised or if there is a partial redemption of the Underlying Securities, the Trustee will randomly select Units to be redeemed in full from the proceeds of such partial redemption or called in full from the proceeds of such partial exercise. If sufficient funds are not available to redeem each such redeemed Unit in full, one Unit may be fractionally redeemed as a result of each such partial redemption or exercise.
Sample 1
Redemption and Call. The Trust Property is subject to redemption by the Underlying Security Issuer in accordance with the terms of the Underlying Securities and as described in Schedule II. Any such redemption will cause a redemption of a corresponding portion of the Units The Units are subject to call in accordance with the Warrant Terms. If the Warrants are partially exercised or there is a partial redemption of the Underlying Securities, the Trustee will randomly select Units to be redeemed in full from the proceeds of such a partial redemption or called in full from the proceeds of such partial exercise.
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Related to Redemption and Call

  • Redemption and Purchase The Notes shall be subject to redemption and purchase by the Company pursuant to the provisions of Article Eleven of the Original Indenture and this Article 3.

  • Redemption and Purchases Section 3.1 Right to Redeem; Notices to Trustee.......................... 24 Section 3.2 Selection of Securities to Be Redeemed....................... 25 Section 3.3

  • Redemption and Waiver (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

  • REDEMPTION AND REPURCHASE The Notes are subject to optional redemption, and may be the subject of an Offer to Purchase, as further described in the Indenture. The Company shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes.

  • Redemption and Termination (a) The Board of Directors of the Company may, at its option, at any time prior to the earlier of (i) the close of business on the tenth Business Day following the Stock Acquisition Date (or, if the Stock Acquisition Date shall have occurred prior to the Record Date, the close of business on the tenth Business Day following the Record Date), or (ii) the Final Expiration Date, redeem all but not less than all of the then outstanding Rights at a redemption price of $.01 per Right, as such amount may be appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof (such redemption price being hereinafter referred to as the "Redemption Price"). Notwithstanding anything contained in this Agreement to the contrary, the Rights shall not be exercisable after the first occurrence of a Section 11(a)(ii) Event until such time as the Company's right of redemption hereunder has expired. The Company may, at its option, pay the Redemption Price in cash, shares of Common Stock (based on the Current Market Price, as defined in Section 11(d)(i) hereof, of the Common Stock at the time of redemption) or any other form of consideration deemed appropriate by the Board of Directors.

  • Redemption of Notes Section 10.01. Redemption...................................................................53 Section 10.02. Form of Redemption Notice....................................................54 Section 10.03. Notes Payable on Redemption Date.............................................54

  • Redemption of the Debentures SECTION 3.1. Tax Event and Regulatory Capital Event Redemption..................................................... 7 SECTION 3.2. Optional Redemption by Company................................. 8 SECTION 3.3.

  • Maturity, Redemption and Purchases (a) Unless previously redeemed for tax reasons as provided in the terms and conditions of the Bonds, or repurchased by the Province as provided below in subsection (c), the principal amount of the Bonds is due and payable on October 23, 2022 (the “Maturity Date”).

  • Redemption and Prepayment Section 3.01

  • Redemption of Warrants The Company may call the Warrants for redemption, in whole and not in part, at a price of $.01 per Warrant, upon not less than 30 days’ prior written notice of redemption to each Warrant holder, at any time after such Warrants have become exercisable pursuant to Section 6(a), if, and only if, (i) the Closing Price has equaled or exceeded $11.50 per share for any 20 trading days within a 30-trading-day period ending on the third Business Day prior to the notice of redemption to Warrant holders and (ii) at all times between the date of such notice of redemption and the redemption date a registration statement is in effect covering the Warrant Shares issuable upon exercise of the Warrants and a current prospectus relating to those Warrant Shares is available. Notwithstanding the foregoing, no Founder’s Warrants shall be redeemable at the option of the Company so long as they are held by GSC Secondary Interest Fund, LLC or a Permitted Transferee; provided that the fact that one or more Founder’s Warrants are non-redeemable because they are held by GSC Secondary Interest Fund, LLC or a Permitted Transferee shall not affect the Company’s right to redeem the Public Warrants and all Founder’s Warrants that are not held by GSC Secondary Interest Fund, LLC or a Permitted Transferee pursuant to the preceding paragraph.

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