Redemption Conditions. (a) The Issuer may only redeem the Notes pursuant to the Optional Redemption, Regulatory Event Redemption or Tax Redemption if the following conditions are satisfied (the “Redemption Conditions”):
(i) the Issuer has obtained Regulatory Approval (if such consent is then required by the Capital Regulations);
(ii) the Issuer has demonstrated to the satisfaction of the Relevant Regulator, if required to do so, that one of the Regulatory Capital Criteria, if and to the extent required by the Relevant Regulator under the Capital Regulations, is met; and
(iii) in the case of a Regulatory Event Redemption or a Tax Redemption, prior to the fifth anniversary of the Issue Date, if required by the Capital Regulations, the Issuer has demonstrated to the satisfaction of the Relevant Regulator that the relevant Regulatory Event or Tax Event, as applicable, was not reasonably foreseeable at the Issue Date.
Redemption Conditions. The deposit may be redeemed in whole or in part before its term has ended. In the case of a partial withdrawal, the minimum principal amount of money that must be withdrawn from the deposit is $1,000 and the principal amount of money remaining in the deposit after the partial withdrawal must be not less than $5,000. If the principal amount of money remaining in the deposit after a partial withdrawal is less than $5,000, the deposit must be redeemed in whole at that time. If the deposit is redeemed in whole or in part at any time during the first twenty-nine (29) days of the term, no interest is payable on the principal amount of money withdrawn and you will pay us an Administration Fee for that redemption. We may deduct the Administration Fee from the proceeds of the redemption.
Redemption Conditions. If Borrower makes a cash payment in respect of Permitted Convertible Debt subject to satisfaction of the Redemption Conditions, Borrower shall, at all times thereafter, maintain Qualified Cash in the amount required by the defined term “Redemption Conditions”.
Redemption Conditions. The Borrower and the Holding Company agree that if the Borrower wishes to utilise any part of the Facility (the amount of any such utilisation being a "REDEMPTION UTILISATION") to finance distributions to the Holding Company in order to purchase Senior Notes then it shall only be entitled to do so if:
6.6.1 the Redemption Utilisation is to finance a purchase of Senior Notes which takes place after 31 December 2001;
6.6.2 the amount of such Redemption Utilisation, when aggregated with the total amount of all other Redemption Utilisations in any financial year does not exceed EUR35,000,000;
6.6.3 on the Utilisation Date of the Redemption Utilisation the Borrower pays an amount equal to 0.5% of the amount of the Redemption Utilisation to the Agent for distribution to the Banks pro rata;
6.6.4 the Borrower prepays an amount of the Facility in accordance with Clause 14.4 (Purchase of Senior Notes); and
6.6.5 not less than three Business Days prior to the Utilisation Date of the Redemption Utilisation the Borrower has delivered to the Agent a certificate signed by the finance director of the Borrower certifying and demonstrating in form and substance satisfactory to the Agent that the Borrower will be able to comply with its obligations under Clause 12 (Repayment and Reduction) notwithstanding the Redemption Utilisation and the purchase of the Senior Notes.
Redemption Conditions. IMS Delaware and Maxtor shall have entered into the Redemption Agreement and all of the conditions to the obligations of the Company to close the transactions under the Redemption Agreement (other than the closing of the transactions hereunder) shall have been satisfied or waived by the Company.
Redemption Conditions. Each Class B Unit (i) for which a Redemption Notice is given under Section 3.17(a) or Section 3.17(c), (ii) that the Partnership (or its successor) elects to redeem pursuant to Section 3.17(b)(i) or (iii) that is to be redeemed pursuant to an Additional Unit Notice shall, upon payment or Deemed Payment to the holder of such Class B Unit of the consideration therefor in accordance with this Section 3.17, be deemed cancelled and no longer entitled to any further accruals or any further allocations or payment (including any additional PIK Units) under this Agreement. The amount payable to each holder of Class B Units shall be paid to such holder by wire transfer of immediately available funds on the applicable Repurchase Closing Date to the account delivered to the Partnership for such holder pursuant to the following sentence (or, if any of the items set forth in clauses (x), (y) or (z) below are not delivered by such holder, payment shall be deemed to have been made for purposes of cancelation pursuant to this Section 3.17(d) when the Partnership shall have paid such amount into a segregated account solely for the benefit of such holder (a “Deemed Payment”)). In respect of each such redemption, each holder of Class B Units shall be required to deliver to the Partnership (or its successor) (x) a representation and assignment in form and substance reasonably acceptable to the General Partner, which representation shall state that the Class B Units redeemed pursuant to this Section 3.17 are free and clear of all Liens, (y) certificates representing the Class B Units to be redeemed or, if lost, stolen or destroyed, a customary affidavit of lost certificate acceptable to the General Partner, in each case to the extent such Class B Units are certificated, and (z) wiring instructions for delivery of the amount payable for such Class B Units (provided the failure to deliver any of the items set forth in clauses (x), (y) or (z) shall not affect the cancellation of the Class B Units for which notice of purchase has been given so long as the Partnership has made payment or Deemed Payment in connection therewith). In the event of any Deemed Payment, the Partnership shall (A) promptly, but in no event later than two (2) Business Days following such Deemed Payment, deliver written notice thereof to the holder in respect of which the Deemed Payment has been made, which notice shall contain reasonably detailed information about the segregated account relating thereto (incl...
Redemption Conditions. (a) The Issuer may only redeem the Notes pursuant to the Optional Redemption, Regulatory Event Redemption or Tax Redemption if the following conditions are satisfied (the “Redemption Conditions”):
(i) the Issuer has obtained Regulatory Approval (if such consent is then required by the Capital Regulations);
(ii) the Issuer has demonstrated to the satisfaction of the Relevant Regulator, if required to do so under the Capital Regulations, that one of the Regulatory Capital Criteria is met; and
(iii) in the case of a Regulatory Event Redemption or a Tax Redemption, prior to the fifth anniversary of the Issue Date, if required by the Capital Regulations, the Issuer has demonstrated to the satisfaction of the Relevant Regulator that the relevant Regulatory Event or Tax Event, as applicable, was not reasonably foreseeable at the Issue Date.
Redemption Conditions. If Parent makes cash payment in respect of Permitted Convertible Debt subject to satisfaction of the Redemption Conditions, Borrowers shall, at all times thereafter, maintain Qualified Cash in the amount required by the defined term “Redemption Conditions”.
Redemption Conditions. The “Redemption Conditions” shall mean that the following conditions are satisfied: (i) the Common Stock is listed on a national exchange, including on The NASDAQ Stock Market, (ii) there is no Event of Default occurring and continuing and (iii) Adjusted EBITDA as defined in and reported by the Company in its most recent earnings release for the most recent four quarters is greater than Eighty Million Dollars ($80,000,000).
Redemption Conditions. The Company shall have the right to redeem the Note in whole but not in part through the issuance of Common Stock if the following conditions (the "Redemption Conditions") have been met:
(i) the average Market Price for the thirty consecutive Trading Days immediately prior to the Redemption Notice Date exceeds 137.5% of the Conversion Price (disregarding any adjustment to the Conversion Price after such Trading Days and disregarding any adjustment to the Conversion Price pursuant to Section 8(i) hereof);
(ii) there are sufficient authorized, unissued and unreserved shares of Common Stock to effect the redemption;
(iii) the Common Stock is either listed or admitted to trading on a national securities exchange or quoted on Nasdaq;
(iv) an Event of Default has not occurred and is not continuing;
(v) the Company also exercises its redemption right and satisfies the Redemption Conditions with respect to the Other Notes; and
(vi) if the Redemption Date is on or after ________, 2004 [insert date one year after execution], the Registration Statement is in effect and available for use by the Holder for the resale of the Redemption Shares.
