Common use of Required Redemption Clause in Contracts

Required Redemption. On the stated or accelerated maturity of the Convertible Notes or the Notes, as applicable, the Company will pay the principal amount of the Convertible Notes or the Notes, as applicable, then outstanding together with all accrued and unpaid interest thereon. No redemption of less than all of the Convertible Notes or the Notes, as applicable, shall affect the obligation of the Company to make the redemption required by this sub-section.

Appears in 2 contracts

Samples: Note Purchase Agreement (Eagle Test Systems, Inc.), Note Purchase Agreement (Eagle Test Systems, Inc.)

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Required Redemption. On the stated or accelerated maturity of the Convertible Notes or the Notes, as applicable, the Company will pay the principal amount of the Convertible Notes or the Notes, as applicable, then outstanding together with all accrued and unpaid interest thereon. No redemption of less than all of the Convertible Notes or the Notes, as applicable, shall affect the obligation of the Company to make the redemption required by this sub-sectionSubsection.

Appears in 1 contract

Samples: Senior Subordinated Convertible Note Purchase Agreement (Lawson Software Inc)

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Required Redemption. On the stated or accelerated maturity of the Convertible Notes or ------------------- the Notes, as applicable, the Company will pay the principal amount of the Convertible Notes or the Notes, as applicable, then outstanding together with all accrued and unpaid interest then due thereon. No Except as set forth in subsection 2.06(c), no optional redemption of less than all of the Convertible Notes or the Notes, as applicable, shall affect the obligation of the Company to make the redemption required by this sub-sectionsubsection.

Appears in 1 contract

Samples: Senior Subordinated Note and Securities Purchase Agreement (Loislaw Com Inc)

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