Redemption at Option of Company. No Class C Units shall be redeemable at the option of the Company except as expressly set forth in Section 16.5(c).
Redemption at Option of Company. On and after the 6th month anniversary of the Effective Date, the Company may redeem all or any portion of this Warrant which has not been previously exercised and for which no Form of Election to Purchase shall been received by delivery to the Holder of a notice of such redemption, together with the redemption price equal to $.05 per Warrant Share to be redeemed, payable by the third Trading Day following the delivery of such notice by the Company; provided that the redemption price shall be adjusted to reflect any adjustment in the number of Warrant Shares issuable hereunder, so that the maximum aggregate redemption price shall continue to be $100,000. Interest shall accrue on the unpaid portion of such redemption price at the rate of 10% per annum beginning on such third Trading Day.
Redemption at Option of Company. The Holder hereby consents to the redemption in full (but not in part) of the Holder's Debentures in cash as provided below in this Section 4. The Company shall provide the Holder with at least 5 Trading Days' prior written notice (the "Notice of Redemption") of the date that payment of the applicable Redemption Price (as defined herein) in full is to be made, which date of payment must occur on or before June 30, 2007 (the "Redemption Date"). The redemption price (the "Redemption Price") shall equal the sum of (a) 100% of the principal amount of the Holder's Debentures outstanding on the Redemption Date (including the Additional Debentures issued to the Holder pursuant to Section 5(a) and the Deferred Payments subject to Section 6 below), (b) accrued but unpaid interest thereon through and including the Redemption Date and (c) all other fees and other amount due in respect of the Holder's Debentures and any Additional Debentures held by the Holder. Payment in full of the Redemption Price in cash must be made on the Redemption Date. Up until the date that such payment is made in full, the Holder shall have the right to convert the Holder's Debentures pursuant to the terms thereof. Failure to make payment of the applicable Redemption Price on the Redemption Date shall be deemed an Event of Default under the Holder's Debentures. If the Company elects to cause a redemption pursuant to this Section 4, then it must simultaneously take the same action with respect to the Debentures held by the Other Investors pursuant to Section 4 of the Other Agreements.
Redemption at Option of Company. This Warrant is subject to redemption, at the option of the Company upon thirty days advance notice by the Company to the Holder, for $0.01 per Warrant Share, if: (i) the Common Stock is trading on the NASD Over-the-Counter Bulletin Board; (ii) the Warrant Shares have been registered for sale under the Securities Act of 1933, as amended, or are otherwise available for resale under a Rule 144 exemption; and (iii) the average closing price of the Common Stock during the thirty days prior to the giving of notice to the Holder equals or exceeds $0.30 per share. The Holder shall have the right to exercise this Warrant, in whole or in part, following receipt of such notice of redemption and prior to the date fixed for redemption of this Warrant.
Redemption at Option of Company. A total of 350,000 of the Warrant Shares underlying the Warrant (“Redemption Amount”), or any pro rata portion thereof, is subject to redemption, at the option of the Company at any time prior to the date one (1) year from the Closing Date hereof, for cash payment of $50,000. If the Company elects such redemption it may elect to redeem the entirety or any portion of such Redemption Amount and if it elects to pay a portion thereof the Redemption Amount it shall pay any such pro rata amount due thereon..
Redemption at Option of Company. Series 6-1/2% Notes are subject to redemption at the option of the Company as provided in Section 7.02 hereof.
Redemption at Option of Company. The Company may, in its sole discretion, at any time while the Series I Preferred Stock is outstanding, redeem all or any portion of the outstanding Series I Preferred Stock at a price equal to the Stated Value plus any accrued but unpaid dividends. The Company may exercise such redemption right by providing a minimum of 5 days written notice of such redemption to the Holders. In the event the Company exercises such redemption right for less than all of the then-outstanding shares of Series I Preferred Stock, the Company shall redeem the outstanding shares of the Holders of a pro rata basis.
Redemption at Option of Company. (A) If, at any time the nominal amount of all of the Notes outstanding is less than (pound)250,000, the Company has the right on giving to the holders of outstanding Notes not less than 30 days' notice in writing (such notice not to take effect prior to 30 June 1999) to redeem all (but not some only) of the outstanding Notes by payment of the nominal amount thereof together with accrued interest (subject to any requirement to deduct any applicable tax therefrom) up to (but excluding) the date of repayment.
Redemption at Option of Company. The Bonds of 2007 Series are not redeemable at the option of the Company ................................. 21 _________________ * The Table of Contents is not part of the Supplemental Indenture and should not be considered as such. It is included herein only for purposes of convenient reference.
Redemption at Option of Company. The Bonds of 2007 Series are not redeemable at the option of the Company prior to maturity.
