Redemption of Convertible Debentures Sample Clauses

Redemption of Convertible Debentures. As soon as practicable after the date hereof, but in no event later than [ ] days from the date hereof, the Company shall cause all of its outstanding 6% Convertible Debentures (the "Convertible Debentures") to be redeemed in accordance with the terms and conditions thereof.
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Redemption of Convertible Debentures. Pursuant to the Company’s Convertible Debentures due 2010 (the “Debentures”), within fifteen (15) days following the First Closing Date the Company will apply proceeds from the First Closing Amount to, among other things, redeem for cash all outstanding Debentures at a redemption price equal to 100% of the principal amount thereof, plus any accrued and unpaid interest thereon up to and including the date upon which the Debentures are redeemed. The principal amount of the Debentures, as of the date hereof, is $2,750,000.
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Redemption of Convertible Debentures. Within 75 days after the Closing Date, PlayCore Wisconsin shall redeem all of its 10% Convertible Debentures which are then outstanding.
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Redemption of Convertible Debentures. At any time and from time to time prior to the Maturity Date, upon no less than 30 days’ written notice by the Company to the Purchaser (the “Redemption Notice”), all or a portion of the then outstanding Convertible Debentures may be redeemed by payment of 120% of the principal amount thereof, plus the unpaid interest which has accrued on the principal of the outstanding Convertible Debentures at the end of such 30-day notice period. Within 15 days from the date of the Redemption Notice, a Purchaser may exercise the conversion feature of the Convertible Debentures that are the subject of the Redemption Notice, by providing written notice to the Company of such Purchaser’s intention to exercise such conversion feature in accordance with the applicable terms of the Convertible Debentures. The shares of Common Stock underlying such Convertible Debentures shall be issued by the Company on or prior to the 15th day following the date of the Purchaser’s notice of intention to exercise such conversion feature.
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Redemption of Convertible Debentures. . . . 30 8.11. Approval of Merger by BJALP; Granting of Options 30 8.12. Survival of Indemnification Obligations . . . . . 30 8.13. Funding . . . . . . . . . . . . . . . . . . . . . 31 8.14. Takeover Statute . . . . . . . . . . . . . . . . 31 8.15. Fairness Opinion . . . . . . . . . . . . . . . . 31 8.16. SLBJ and SLM Option Agreement . . . . . . . . . . 31 ARTICLE IX - Conditions . . . . . . . . . . . . . . . . . . . 32 9.1. Conditions to Obligations of the Company . . . . . . . . 32 9.2. Conditions to Obligations of Purchaser and Merger Sub . . . . . . . . . . . . . . . . . . . . . . . 33
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Redemption of Convertible Debentures. At the Effective Time, the Surviving Corporation shall take all requisite actions in accordance with the terms of the Indenture to redeem all of the then outstanding Convertible Debentures, such redemption to be effective 30 days after the Effective Time, subject to the conversion rights of the holders of the Convertible Debentures under the Indenture.
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Redemption of Convertible Debentures. The Company will mail, no later than on the fifth Business Day following the Issue Date, a notice of redemption covering all outstanding Convertible Debentures providing for a redemption date no later than the 30th day following the date of such notice.
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Related to Redemption of Convertible Debentures

  • Purchase of Convertible Debentures Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, each Buyer agrees, severally and not jointly, to purchase at each Closing and the Company agrees to sell and issue to each Buyer, severally and not jointly, at each Closing, Convertible Debentures in amounts corresponding with the Subscription Amount set forth opposite each Buyer’s name on Schedule I hereto.

  • 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.

  • REDEMPTION OF DEBENTURES Section 3.1. Redemption......................................................................... 16 Section 3.2. Special Event Redemption........................................................... 16 Section 3.3. Optional Redemption by the Company................................................. 17 Section 3.4.

  • Conversion of Convertible Note Subject to Section 5 hereof, the Holder shall have the right, at its option, at any time from and after the date of this Convertible Note to convert into Common Stock of the Company. This Convertible Note shall be convertible into that number of fully paid and nonassessable shares of Common Stock (as such shares shall then be constituted) determined pursuant to this Section 4.1. The number of shares of Common Stock to be issued upon each conversion of this Convertible Note shall be determined by dividing the Conversion Amount (as defined below) by the Conversion Price in effect on the date (the "Conversion Date") a Notice of Conversion is delivered to the Company, as applicable, by the Holder by facsimile or other reasonable means of communication dispatched prior to 5:00 p.m., E.S.T. The term "Conversion Amount" means, with respect to any conversion of this Convertible Note, the sum of (1) the principal amount of this Convertible Note to be converted in such conversion plus (2) accrued and unpaid interest, if any, on such principal amount at the interest rates provided in this Convertible Note to the Conversion Date plus (3) Default Interest, if any, on the interest referred to in the immediately preceding clause (2) plus (4) at the Holder's option, any amounts owed to the Holder pursuant to Section 4.3 hereof, Section 10.1 of the Agreement or Section 10.4 of the Agreement.

  • Conversion of Debentures Section 16.01.

  • Redemption of Preferred Stock Whenever the Corporation shall be permitted and shall elect to redeem shares of Preferred Stock in accordance with the terms of the Certificate of Designations, it shall (unless otherwise agreed to in writing with the Depositary) give or cause to be given to the Depositary, not less than 35 days and not more than 65 days prior to the Redemption Date (as defined below), notice of the date of such proposed redemption of Preferred Stock and of the number of such shares held by the Depositary to be so redeemed and the applicable redemption price, which notice shall be accompanied by a certificate from the Corporation stating that such redemption of Preferred Stock is in accordance with the provisions of the Certificate of Designations. On the date of such redemption, provided that the Corporation shall then have paid or caused to be paid in full to the Depositary the redemption price of the Preferred Stock to be redeemed, plus an amount equal to any declared and unpaid dividends (without accumulation of any undeclared dividends) thereon to the date fixed for redemption, in accordance with the provisions of the Certificate of Designations, the Depositary shall redeem the number of Depositary Shares representing such Preferred Stock. The Depositary shall mail notice of the Corporation’s redemption of Preferred Stock and the proposed simultaneous redemption of the number of Depositary Shares representing the Preferred Stock to be redeemed by first-class mail, postage prepaid, not less than 30 days and not more than 60 days prior to the date fixed for redemption of such Preferred Stock and Depositary Shares (the “Redemption Date”), to the Record Holders of the Receipts evidencing the Depositary Shares to be so redeemed at their respective last addresses as they appear on the records of the Depositary; but neither failure to mail any such notice of redemption of Depositary Shares to one or more such Holders nor any defect in any notice of redemption of Depositary Shares to one or more such Holders shall affect the sufficiency of the proceedings for redemption as to the other Holders. Each such notice shall be prepared by the Corporation and shall state: (i) the Redemption Date; (ii) the number of Depositary Shares to be redeemed and, if less than all the Depositary Shares held by any such Holder are to be redeemed, the number of such Depositary Shares held by such Holder to be so redeemed; (iii) the redemption price or the manner of its calculation; (iv) the place or places where Receipts evidencing such Depositary Shares are to be surrendered for payment of the redemption price; and (v) that dividends in respect of the Preferred Stock represented by such Depositary Shares to be redeemed will cease to accrue on such Redemption Date. In case less than all the outstanding Depositary Shares are to be redeemed, the Depositary Shares to be so redeemed shall be selected either pro rata or by lot.

  • Redemption of Debt Securities Section 3.01 Applicability of Article 16 Section 3.02 Notice of Redemption; Selection of Debt Securities 16 Section 3.03 Payment of Debt Securities Called for Redemption 17 Section 3.04 Mandatory and Optional Sinking Funds 18 Section 3.05 Redemption of Debt Securities for Sinking Fund 18

  • Convertible Debentures The Definition of the term “Convertible Debentures” as used in the Master Agreement shall hereinafter include the Additional Debentures.

  • 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 Last Reported Sale Price has equaled or exceeded $13.75 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. Upon a call for redemption of Warrants by the Company, the Company shall have the right to require all holders of Warrants subject to redemption who exercise such Warrants after the Company’s call for redemption to do so on a cashless basis in accordance with the procedures set forth in Section 6(d). Notwithstanding the foregoing, no Private Warrants shall be redeemable at the option of the Company so long as they are held by the Founding Stockholder or its Permitted Transferees; provided that the fact that one or more Private Warrants are non-redeemable because of the reason described above shall not affect the Company’s right to redeem the Public Warrants and all Private Warrants that are not held by the Founding Stockholder or its Permitted Transferees. Table of Contents

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