Redemption Request. The submission through the Platform of a request by a Parent to the Service Provider to provide Services to a Child listed in that request in exchange for Fees. Means: (a) the goods, services or activities offered by the Service Provider to the Platform users and provided by the Service Provider to the Child and in exchange for Fees specified in a Redemption Request; and
Redemption Request. If an Event of default has occurred as a result of failure by the Fund to perform its obligations under Section f2.04(j) of the Insurance Agreement, Financial Security intends to submit a Redemption Request pursuant to section 5.02(b) of the Insurance Agreement requesting the Fund to redeem all outstanding shares of Preferred stock, designating a date for such redemption no later than the second Dividend Payment Date following the date of delivery of such Redemption Request to the Fund.
Redemption Request. Within one (1) Business Day of receipt by Borrower, a copy of any Redemption Request (as defined in Borrower’s Restated Certificate of Incorporation, as amended).
Redemption Request. At any time on or after the seventh anniversary of (a) the Original Series C Issue Date (in the case of the Series C Preferred Stock), (b) the Original Series D Issue Date (in the case of the Series D Preferred Stock), (c) the Original Series E Issue Date (in the case of the Series E Preferred Stock) or (d) the Original Series F Issue Date (in the case of the Series F Preferred Stock), or (e) at any time on or after the fifth anniversary of the Original Series G Issue Date (in the case of the Series G Preferred Stock), but in no event more than once per calendar year with respect to each series of Preferred Stock, this Corporation shall, upon receipt of a written request (the “Redemption Request”) by the holders of at least a majority of (v) the Series C Preferred Stock then outstanding (in the case of a Redemption Request with respect to the Series C Preferred Stock), (w) the Series D Preferred Stock (in the case of a Redemption Request with respect to the Series D Preferred Stock), (x) the Series E Preferred Stock (in the case of a Redemption Request with respect to the Series E Preferred Stock, (y) the Series F Preferred Stock (in the case of a Redemption Request with respect to the Series F Preferred Stock) or (z) the Series G Preferred Stock (in the case of a Redemption Request with respect to the Series G Preferred Stock), redeem for cash, out of any funds legally available therefor, first to the holders of Series G Preferred Stock and, then ratably from holders thereof on each relevant Redemption Date (as defined below), all shares of Series G Preferred Stock (in the case of a Redemption Request with respect to the Series G Preferred Stock) and one-third of the total number of shares of Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock or Series F Preferred Stock, as the case may be, outstanding as of the first Redemption Date. The redemptions of each share of Series C Preferred Stock, each share of Series D Preferred Stock, each share of Series E Preferred Stock, each share of Series F Preferred Stock and each share of Series G Preferred Stock pursuant to this Section 6.1 shall be (i) at the Original Series C Issue Price (in the case of redemptions of Series C Preferred Stock), (ii) at the Original Series D Issue Price (in the case of redemptions of Series D Preferred Stock), (iii) at the Original Series E Issue Price (in the case of redemptions of Series E Preferred Stock), (iv) at the Original Series F Issue Price (in t...
Redemption Request. The Participant understands and agrees that Redemption Requests may be submitted only on days that the Fund is open for business, as required by Section 22(e) of the 1940 Act. In addition, in connection with each Redemption Request, the Participant agrees to ascertain that the Shares to be redeemed have not been loaned or pledged to another party and are not the subject of a repurchase agreement, securities lending agreement or any other arrangement that would preclude the delivery of such Shares to the Transfer Agent in accordance with the Prospectus or as otherwise required by the Fund. In addition the Participant agrees that the Trust will acquire good and unencumbered title to Shares, free and clear of all liens, restrictions, charges and encumbrances and not subject to any adverse claims, including, without limitation, any restriction upon the sale or transfer of such Shares. The Participant understands and agrees that in the event collateral or Shares are not transferred to the Transfer Agent as set forth in the Procedures Handbook, the Redemption Request trade may be broken by the Fund and the Participant will be solely responsible for all costs incurred by the Fund or the Distributor related to breaking the trade. The Distributor will only process Redemption Requests upon verification from the Transfer Agent of the Fund’s receipt of such collateral or shares. The Participant understands that shares may be redeemed only when one or more Creation Units of Shares of a Beneficial Owner are held in the account of a single Participant.
Redemption Request. The Redemption Request shall be given by hand or by mail to the registered office of the Company, or by fax or email in accordance with the contact information set forth in Exhibit B at least sixty (60) days prior to the date set forth therein on which such Preferred Shares, as the case may be, are to be redeemed (and with respect to the Redemption Request given pursuant to Section 10.2, also within the time period as set forth under Section 10.2). If any holder of the Preferred Shares exercises its General Redemption Right pursuant to Section 10.1, the Company shall notify other holders of the Preferred Shares of the same within ten (10) days after receipt of the Redemption Request, and such holders may within ten (10) days thereafter elect to tag along with such Redemption Requesting Holders and request the Company to redeem any or all of the outstanding Preferred Shares held by them. Notwithstanding anything to the contrary contained in this Section 10, the Series A-16 Redemption Right may only be exercised by the holders of the Series A-16 Preferred Shares. The Preferred Shares which are requested for redemption by the Company pursuant to this Section 10 are hereinafter referred to as the “Redemption Shares”.
Redemption Request. The Participant understands and agrees that Redemption Requests may be submitted only on days that the Fund is open for business, as required by Section 22(e) of the 0000 Xxx. and that Participant will not attempt to place an Order for purchasing or redeeming any Creation Unit, except as set forth in this Agreement, the Prospectus and Procedures Handbook of the Fund.
Redemption Request. In the event that the Purchaser delivers a Rule 144 Notice (or a Rule 144 Event occurs despite lack of such notice), then any of the Seller or its Affiliates holding the shares comprising the Closing Payment Shares and/or the Earn-Out Shares may, at its, his or her option, send written notice of the mandatory redemption (the “Redemption Request”) to the Purchaser, stating the number of shares comprising the Closing Payment Shares and/or the Earn-Out Shares held by the Seller or such Affiliate (the “Redeeming Holder”) that the Purchaser shall redeem on the Redemption Date (the “Redemption Shares”). The Redemption Request shall be delivered by the Redeeming Holder to the Purchaser no later than ten (10) Business Days following the later of (a) the date that the Purchaser delivers the Rule 144 Notice and (b) five (5) Trading Days following public announcement of the occurrence or impending occurrence of a Rule 144 Event.
Redemption Request. (a) In accordance with Section 8.6B of the Partnership Agreement, the Company hereby elects to acquire from the Company Stockholder all of the Redeemed Units subject to his Redemption Request in exchange for the Issued Shares.
(b) Promptly after the date hereof, the Company shall cause to be delivered to the Company Stockholder the Issued Shares in book entry form, free of any pledge, lien, encumbrance or restriction, other than those provided in the Articles, the bylaws of the Company, the Securities Act, relevant state securities or blue sky laws and any applicable registration rights agreement with respect to such Issued Shares entered into between the Company Stockholder and the Company.
(c) The Company Stockholder hereby waives his right to withdraw his Redemption Request in accordance with Section 8.6B of the Partnership Agreement.
(d) The Company agrees that, in accordance with Section 8.6C of the Partnership Agreement, the Company Stockholder shall be deemed the owner of the Issued Shares for all purposes, including without limitation, rights to vote or consent and rights to receive dividends related thereto, as of the date hereof.
Redemption Request. Notwithstanding any provisions in this Agreement, at any time after the occurrence of any of the following events:
(a) there is any default of the Transaction Documents, gross negligence, willful misconduct or fraud on the part of the Company and/or the Founder;
(b) there is gross negligence, willful misconduct or fraud on the part of the Directors (save that such gross negligence, wilful misconduct and/or fraud shall not be ascribed solely to the actions of the board representative appointed by the Investor) and/or Key Persons in relation to their management of the operations or business of the Company and any of the Company’s subsidiaries;
(c) the Company does not take steps by 31 March 2022 to commence preparation for the Qualified IPO (such as the appointment of related professionals);
(d) the Company does not commit or provide sufficient resources to attend to the preparation and consummation of a Qualified IPO during the period commencing from the date of this Agreement until the completion of the Qualified IPO; or
(e) the Company does not consummate the Qualified IPO within two years after the Closing and this is a direct or indirect result of any misrepresentation or misstatement to the Investor or otherwise in relation to the business, prospects, financial condition or legality of the Company’s operations and business, the Investor shall have the right to require the Company to purchase all or any portion of the ordinary Shares held by such Investor at the Purchase Price (the “Redemption”) by providing the Company with written notice specifying the number of ordinary Shares to be redeemed (the “Redemption Notice”). The Redemption shall be by way of a share buy back in accordance with the Act. For the avoidance of doubt, the rights of first refusal and tag along right under clauses 9 and 10 respectively shall not apply in the case of a Redemption.
