Redemption; Repurchase. (a) The Collateral Bonds are not redeemable at the option of the Company.
Redemption; Repurchase. Following the tenth anniversary of the Closing Date, upon the request of the Purchasers (or any Affiliates thereof), the Company shall redeem the Preferred Shares as provided in Section 8 of the Certificate of Designation. Following the Shareholder Approval Deadline (as defined in the Certificate of Designation), the Company shall offer to repurchase the Preferred Shares, as provided in Section 9 of the Certificate of Designation.
Redemption; Repurchase. The outstanding shares of ---------------------- Series A Preferred Stock may be redeemed at the option of the Board of Directors, in whole, but not in part, at any time, or from time to time, at a cash price per share equal to (i) the greater of (a) $85.00 or, (b) subject to the provision for adjustment hereinafter set forth, the product of 100 times the Current Market Price, as such term is hereinafter defined, of the Common Stock of the Corporation, plus (ii) all dividends which on the redemption date have accrued on the shares to be redeemed and have neither been paid nor declared with a sum sufficient for the payment thereof set apart in trust for such purpose, without interest. The Corporation may, from time to time and to the extent allowed by law, purchase or otherwise acquire shares of Series A Preferred Stock provided, however, that if and whenever any quarterly dividend shall have accrued on the Series A Preferred Stock which has neither been paid nor declared with a sum sufficient for the payment thereof set apart in trust for such purpose, the Corporation may not purchase or otherwise acquire any shares of Series A Preferred Stock unless all shares of such stock at the time outstanding are so purchased or otherwise acquired. In the event the Corporation shall at any time after October 27, 1986 pay any dividend on Common Stock of the Corporation payable in shares of such Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock of the Corporation (by reclassification or otherwise than by payment of a dividend in shares of such Common Stock) into a greater or lesser number of shares of Common Stock of the Corporation, then in each such case the amount to which holders of shares of Series A Preferred Stock were entitled immediately prior to such event under subsection (i) of the preceding sentence shall be adjusted by multiplying such amount by a fraction the numerator of which is the number of shares of Common Stock of the Corporation outstanding immediately after such event and the denominator of which is the number of shares of Common Stock of the Corporation that were outstanding immediately prior to such event. The "Current Market Price" shall be deemed to be the average of the daily closing prices per share of the Common Stock of the Corporation for the thirty (30) consecutive Trading Days (as such term is hereinafter defined) immediately prior to the day before the redemption date; prov...
Redemption; Repurchase. The Notes are subject to redemption or repurchase in whole, but not in part, at the direction of the applicable Optional Redemption Holder pursuant to Section 7.01(b) of the Sale and Servicing Agreement, on any Payment Date on which such Optional Redemption Holder exercises its option to transfer the Trust Property pursuant to said Section 7.01(b) or to repurchase for a purchase price equal to the Redemption Price the Notes without the transfer of the Trust Property. The Depositor or the Issuer shall furnish the Insurer notice of such redemption or repurchase not later than 35 days prior to the Redemption Date. If the Notes are to be redeemed or repurchased pursuant to this Section 10.1, the Depositor or the Issuer shall furnish notice of such election to the Indenture Trustee not later than 35 days prior to the Redemption Date and the Issuer shall deposit or undertake to deposit on or prior to the Redemption Date with the Indenture Trustee in the Distribution Account the Redemption Price of such Notes whereupon all such Notes shall be due and payable on the Redemption Date (or, in the case of a repurchase, the Redemption Price shall be payable to the Holders thereof) upon the furnishing of a notice complying with Section 10.2 (unless the Issuer shall default in the deposit of the Redemption Price). If the Notes are redeemed by the Optional Redemption Holder without the purchase of the Trust Property, the Notes will remain Outstanding and will be registered to, or to the order of, the Optional Redemption Holder in accordance with the terms of this Indenture.
Redemption; Repurchase. At the same time as the Company agrees to release the Acceptable Security provided by the Shareholder hereunder, the Company shall repurchase from the Shareholder all of the Participating Shares, upon presentation of the share certificate representing the Participating Shares duly endorsed for cancellation, for the price of One Hundred United States Dollars (US$100.00) by repaying the amount of cash paid by the Shareholder as the purchase price of the Participating Shares. Without prejudice to the foregoing, if the Reinsurance Agreement is not executed within 45 days of the date of this Agreement, the Company shall repurchase from the Shareholder all of the Participating Shares for the amount of One Hundred United States Dollars (US$100) without any deduction and this Agreement shall terminate and expire without any claims for costs, expenses, fees in connection with this Agreement, the Reinsurance Agreement or the Cell Management Agreement referred to under “Program Fee” which shall be bourne by each individual party. DocuSign Envelope ID: A64B3097-ACD4-4DCD-8288-343A5DAC4839 DIVIDEND EVALUATION DATE Commencing on the 1st day of January, and annually thereafter on or about the 31st day of December of each succeeding year thereafter.
Redemption; Repurchase. 23.1 The Board of Directors may, at its option, at any time prior to the earlier to occur of (i) the Close of Business on the tenth day following the Stock Acquisition Date (or, if the tenth day following the Stock Acquisition Date occurs before the Record Date, the Close of Business on the Record Date) and (ii) the Final Expiration Date, redeem all, but not less than all, of the then outstanding Rights at a redemption price of $0.0001 per Right, appropriately adjusted to reflect any stock split, stock dividend or similar transaction occurring after the date hereof (the “Redemption Price”). The redemption of the Rights by the Board of Directors may be made effective at such time, on such basis and subject to such conditions as the Board of Directors in its sole discretion may establish.
Redemption; Repurchase. (a) On each Debenture Redemption Date and at maturity of the Debentures, the Trust shall be required to redeem a Like Amount of Trust Securities at the Redemption Price.
Redemption; Repurchase. 49 SECTION 10.2.
Redemption; Repurchase. 5 7.3 Payments ............................................... 6 7.4 Transfer and Exchange of Notes ......................... 6 7.5
Redemption; Repurchase
