Common use of Redemption by the Corporation Clause in Contracts

Redemption by the Corporation. (i) To the extent funds are legally available therefor, on the earlier of (x) March 1, 2010, or if such date is not a Business Day then on the next Business Day, and (y) the date on which a Sale of the Company or a Qualifying Offering occurs, the Corporation shall redeem at the Redemption Price therefor all issued and outstanding shares of Series A Preferred (the events described in any of the above clauses (x) or (y) are each referred to herein as a "Redemption Event").

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Born Dawn S), Agreement and Plan of Merger (Gni Group Inc /De/), Agreement and Plan of Merger (Green I Acquisition Corp)

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Redemption by the Corporation. (i) To the extent funds are legally available therefor, on the earlier of (x) March 1________, 20102009(1), or if such date is not a Business Day then on the next Business Day, and (y) the date on which a Sale of the Company or a Qualifying Offering occurs, the Corporation shall redeem at the Redemption Price therefor all issued and outstanding shares of Series A Preferred (the events described in any of the above clauses (x) or (y) are each referred to herein as a "Redemption Event").of

Appears in 1 contract

Samples: Agreement and Plan of Merger (Analog Acquisition Corp)

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