Common use of Redemption at Option of the Company Clause in Contracts

Redemption at Option of the Company. (a) After completion of the Post-Effective Date Equity Distribution, the Company may, at its option, redeem all, but not less than all, Notes (including any Additional Notes) that remain outstanding at the Redemption Price. (b) The redemption of all outstanding Notes pursuant to this Section 3.04 shall be completed on a Redemption Date which is selected by the Company and no less than thirty (30) days after the date of delivery of the related notice of redemption and no more than sixty (60) days after such date. Such redemption of Notes shall be made solely in cash.

Appears in 5 contracts

Samples: Securities Purchase Agreement, Supplemental Indenture, Securities Purchase Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!