Common use of Rights Subsequent to Redemption Clause in Contracts

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefor, then notwithstanding that the certificates evidencing any of the shares of Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their certificate or certificates therefor.

Appears in 4 contracts

Samples: Care.com Inc, Care.com Inc, Care.com Inc

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Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the certificates evidencing any of the shares of Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their certificate or certificates therefor.

Appears in 3 contracts

Samples: Business Financing Agreement (Vapotherm Inc), Registration Rights Agreement (Vapotherm Inc), Registration Rights Agreement (Vapotherm Inc)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on or prior to the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Series B Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the certificates book-entry interests evidencing any of the shares of Series B Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their certificate or certificates book-entry interests therefor.

Appears in 2 contracts

Samples: Securities Purchase Agreement and Investor Agreement (SK Ecoplant Co., Ltd.), Securities Purchase Agreement and Investor Agreement (Bloom Energy Corp)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on or prior to the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Series A Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the certificates book-entry interests evidencing any of the shares of Series A Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their certificate or certificates book-entry interests therefor.

Appears in 2 contracts

Samples: Securities Purchase Agreement (SK Ecoplant Co., Ltd.), Securities Purchase Agreement (Bloom Energy Corp)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the shares of Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 2 contracts

Samples: Registration Rights Agreement (Ondas Holdings Inc.), Adoption Agreement (Ondas Holdings Inc.)

Rights Subsequent to Redemption. If the Redemption Notice shall have been is duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the Class Seed Preferred shares of Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the Class Seed Preferred shares of Preferred Stock so called for redemption shall has not have been surrendered, dividends with respect to such Class Seed Preferred shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith immediately after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Registration Rights Agreement (Mechanical Technology Inc)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Series A Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the certificates evidencing any of the shares of Series A Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their certificate or certificates therefor.

Appears in 1 contract

Samples: Capstone Therapeutics Corp.

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the shares of Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders Holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Stock Purchase Agreement (Staffing 360 Solutions, Inc.)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Series A Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the certificates evidencing any of the shares of Series A Preferred Stock so called for redemption shall not have been surrendered, no dividends with having a record date occurring after the Redemption Date shall be paid in respect to of such shares of Series A Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders Holders to receive the Redemption Price without interest upon surrender of their certificate or certificates therefor.

Appears in 1 contract

Samples: Stock Purchase Agreement (Regeneron Pharmaceuticals, Inc.)

Rights Subsequent to Redemption. If the Redemption Notice Request shall have been duly timely given, and if on the applicable Redemption Date the aggregate Redemption Price payable upon redemption of the shares of Preferred Stock to be redeemed Redemption Shares on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available thereforpaid, then notwithstanding that the any certificates evidencing any of the shares of Preferred Stock so called for redemption such Redemption Shares redeemed shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders Redeeming Holder(s) to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Applied UV, Inc.)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Series D Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the certificates evidencing any of the shares of Series D Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Series D Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their certificate or certificates therefor.

Appears in 1 contract

Samples: Convertible Preferred Stock and Warrant Purchase Agreement (Idera Pharmaceuticals, Inc.)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Put Redemption Date or Call Redemption Date the Redemption Price payable upon redemption of the shares of Preferred Stock to be redeemed on such Redemption Date date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the shares of Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the applicable Put Redemption Date or Call Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digitalglobe, Inc.)

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Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Kayne Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the shares of Kayne Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Kayne Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hyde Park Acquisition Corp. II)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Series X Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the shares of Series X Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Idera Pharmaceuticals, Inc.)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Fundamental Redemption Date the Redemption Price payable upon redemption of the shares of the Series D Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the certificates evidencing any of the shares of Series D Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Series D Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith after the Fundamental Redemption Date terminate, except only the right of to the holders to receive the Redemption Price without interest upon surrender of their certificate or certificates therefor.

Appears in 1 contract

Samples: Convertible Preferred Stock and Warrant Purchase Agreement (Idera Pharmaceuticals, Inc.)

Rights Subsequent to Redemption. If the Redemption Notice shall have been is duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the Preferred shares of Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the Preferred shares of Preferred Stock so called for redemption shall has not have been surrendered, dividends with respect to such Preferred shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith immediately after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Registration Rights Agreement (Mechanical Technology Inc)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the applicable Redemption Price payable upon redemption of the shares of Redeemable Preferred Stock to be redeemed on such respective Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available thereforpayment, then notwithstanding that the certificates evidencing any of the shares of Redeemable Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Redeemable Preferred Stock shall cease to accrue after such respective Redemption Date and all rights with respect to such shares shall forthwith after the respective Redemption Date terminate, except only the right of the holders to receive the applicable Redemption Price without interest upon surrender of their certificate or certificates therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tangoe Inc)

Rights Subsequent to Redemption. If the Redemption Notice shall have been is duly given, and if on the applicable Redemption Date the Redemption Price payable upon 'redemption of the Class A Preferred shares of Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the Class A Preferred shares of Preferred Stock so called for redemption shall has not have been surrendered, dividends with respect to such Class A Preferred shares of Preferred Stock shall cease to accrue after such Redemption Date and all rights with respect to such shares shall forthwith immediately after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Registration Rights Agreement (Mechanical Technology Inc)

Rights Subsequent to Redemption. If the Redemption Notice shall have been duly given, and if on the applicable Redemption Date the Redemption Price payable upon redemption of the shares of Series Y Preferred Stock to be redeemed on such Redemption Date is paid or tendered for payment or deposited with an independent payment agent so as to be available therefortherefor in a timely manner, then notwithstanding that the any certificates evidencing any of the shares of Series Y Preferred Stock so called for redemption shall not have been surrendered, dividends with respect to such shares of Preferred Stock shall cease to accrue after such Redemption Date surrendered and all rights with respect to such shares shall forthwith after the Redemption Date terminate, except only the right of the holders to receive the Redemption Price without interest upon surrender of their any such certificate or certificates therefor.

Appears in 1 contract

Samples: Merger Agreement (Yatra Online, Inc.)

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