Redemption of Convertible Notes. By: (i) 30 June 2013, Borrower shall procure that sufficient Convertible Notes are Redeemed pursuant to Convertible Note Condition 6.6 so that the total outstanding Face Value of all Convertible Notes then outstanding on 30 June 2013 is less than USD$2,500,000; and (ii) the Maturity Date or on any earlier date that the Convertible Notes must be redeemed pursuant to Convertible Note Conditions 6.1 or 6.4, Borrower shall immediately Redeem all Convertible Notes held by the Noteholders at that time in the manner provided by Convertible Note Conditions 6.1, 6.3 or 6.4 (as the case may be). Notwithstanding any termination of this Agreement, each Security and all of the terms and provisions of this Agreement shall continue in full force and effect until all Obligations have been paid and performed in full or otherwise satisfied. No termination shall in any way affect or impair any right or remedy of the Noteholders, nor shall any such termination relieve Borrower or any Guarantor of any Obligation to Noteholders, until all of the Obligations have been paid and performed in full or otherwise satisfied. Upon payment and performance in full of all the Obligations and Redemption of all Convertible Notes held by PFG and any Other Noteholder at the time and termination of this Agreement, PFG shall promptly release the Security with respect to the Obligors and deliver to Borrower such other documents as may be required to fully release the Security.
Redemption of Convertible Notes at the election of the Company or at the election of the Holders, as permitted or required by any provision of this Indenture or of the Convertible Notes, shall be made in accordance with such provision and this Article.
Redemption of Convertible Notes. 30 SECTION 6.11.
Redemption of Convertible Notes. If either Australia Acquisition Sub or US Acquisition Sub, as applicable, as the issuer of a Convertible Note, or JLW Australia Parent or a Shareholder, as the holder of such Convertible Note, exercises the right of redemption set forth in such Convertible Note in accordance with the provisions of such Convertible Note, then the entire principal amount of such Convertible Note shall be redeemed and the redemption proceeds applied to the allotment of and subscription for the number of newly issued shares of common stock, US$.01 par value per share ("Parent Common Stock"), of Parent, determined by dividing the aggregate principal amount of such Convertible Note by the Conversion Amount (as defined in the Convertible Note), which number of shares of Parent Common Stock (the "Consideration Shares") shall be specified in column 3 of Annex B to the Applicable Joinder Agreement, subject to adjustment in accordance with Sections 1.3 and 1.4 hereof. Upon such redemption, Australia Acquisition Sub or US Acquisition Sub, as applicable, shall deliver, or cause to be delivered, to (and Parent shall cause Australia Acquisition Sub or US Acquisition Sub, as applicable, to deliver, or cause to be delivered, to): (a) the Shareholders' Representatives, on behalf of such Shareholder and JLW Australia Parent, (i) the number of shares of Parent Common Stock specified in column 3(a) of Annex B to the Applicable Joinder Agreement (or, in the case of JLW Australia Parent, specified in column 3(a) of Annex E hereto) (the "Initial Distribution Shares"), which Initial Distribution Shares shall be issued in the name of such Shareholder or JLW Australia Parent, as the case may be, (ii) the number of shares of Parent Common Stock specified in column 3(b) of Annex B to the Applicable Joinder Agreement (the "Forfeiture Shares" and, together with Initial Distribution Shares, the "Initial Consideration Shares"), which Forfeiture Shares shall be deposited in escrow with the escrow agent appointed pursuant to the SCCA (the "Forfeiture Shares Escrow Agent") pursuant to the applicable provisions of the SCCA and held and distributed in accordance with the terms thereof and (b) Hxxxxx Trust and Savings Bank (the "Escrow Agent") (i) the number of shares of Parent Common Stock specified in column 3(c) of Annex B to the Applicable Joinder Agreement (or, in the case of JLW Australia Parent, specified in column 3(c) of Annex E hereto), to be deposited in escrow as Escrow Shares pursuant to clause (b)...
Redemption of Convertible Notes. Neither the Parent Guarantor, the Borrower, nor any other Guarantor will, prior to the date that is 91 days after the Maturity Date: call, make or offer to make any optional or voluntary Redemption of or otherwise optionally or voluntarily Redeem (whether in whole or in part), the Convertible Notes or any Permitted Refinancing Debt in respect of the Convertible Notes, provided that, the Parent Guarantor or the Borrower may Redeem the Convertible Notes or any Permitted Refinancing Debt in respect of the Convertible Notes with (i) the net cash proceeds from the sale or issuance of Permitted Refinancing Debt or the issuance of Permitted Refinancing Debt in Redemption therefor, (ii) so long as no Default, Event of Default or Borrowing Base Deficiency exists or would result 9292 Section 9.04(a) amended by First Amendment, Fourth Amendment and most recently amended by the Thirteenth Amendment. 105 Section 9.04(a) amended by First Amendment, Fourth Amendment, Thirteenth Amendment and most recently amended by Fifteenth Amendment. 9393106 Amended by Thirteenth Amendment. 109 therefrom, the net cash proceeds of any sale or issuance of Equity Interests of the Parent Guarantor (other than Disqualified Capital Stock) or (iii) the issuance of such Equity Interests (other than Disqualified Capital Stock) in Redemption therefor.9494110
Redemption of Convertible Notes. LandCare shall use diligent efforts to cause each of the convertible notes of LandCare described in the section of LandCare Disclosure Schedule corresponding to Section 3.4(c) to be redeemed and repaid in full for an amount less than the greater of (unless otherwise agreed by ServiceMaster) (i) the outstanding principal amount of such note plus accrued interest or (ii) the then market value of the LandCare shares into which the notes would be convertible if the conversion were governed by the conversion ratio applicable after a change in control.
Redemption of Convertible Notes. 4.1 Redemption at the Option of the Company
Redemption of Convertible Notes. Upon receipt of net cash proceeds from the sale or issuance of the 2019 High Yield Notes, the Parent Guarantor shall deposit such proceeds in an aggregate amount sufficient to Redeem the principal of all of the then outstanding Convertible Notes on or prior to December 1, 2011 into an account with the Administrative Agent. The Parent Guarantor may from time to time withdraw funds from such account to Redeem all or a portion of the Convertible Notes in an amount of the principal of the Convertible Notes so Redeemed at any time thereafter.
Redemption of Convertible Notes. Subject to Section 8.16(a), the Parent Guarantor may Redeem the Convertible Notes with the proceeds of the issuance of the 2019 High Yield Notes if (i) no Default or Event of Default has occurred and is continuing and (ii) after giving pro forma effect to any such Redemption, there is unfunded availability of not less than $25,000,000 under this Agreement.
Redemption of Convertible Notes. 2 Section 1.4 Representatives . . . . . . . . . 3 Section 1.5 [Intentionally Left Blank]. . . . 4 Section 1.6
