Required Liquidity Redemptions. In the event and upon the closing of a Qualifying Liquidity Event, the Company shall redeem, without penalty or premium except as set forth in Section 2.06(d), all of the outstanding Notes, together with all accrued and unpaid interest then due thereon.
Appears in 3 contracts
Samples: Subordination and Intercreditor Agreement (SoftBrands, Inc.), Note and Warrant Purchase Agreement (Ecollege Com), Secured Note and Warrant Purchase Agreement (SoftBrands, Inc.)
Required Liquidity Redemptions. In the event and upon the ------------------------------ closing of a Qualifying Liquidity Event, the Company shall redeem, without penalty or premium except as set forth in Section 2.06(d)premium, all of the outstanding Notes, together with all accrued and unpaid interest then due thereon.
Appears in 1 contract
Samples: Loislaw Com Inc
Required Liquidity Redemptions. In the event and upon the closing of a Qualifying Liquidity Event, the Company shall redeem, without penalty or premium except as set forth in Section 2.06(d)premium, all of the outstanding Notes, together with all accrued and unpaid interest then due thereon.
Appears in 1 contract
Samples: Securities Purchase Agreement (Oncure Medical Corp)
