Dear _________________: This letter is notification to you as a current holder of warrants, of the First Ipswich Bancorp's Intent to redeem all outstanding warrants per the agreement. According to section 12 of the warrant agreement, "At any time...Warrant Redemption Agreement • November 15th, 2004 • First Ipswich Bancorp /Ma • National commercial banks
This letter is notification to you as a current holder of warrants, of the First Ipswich Bancorp's Intent to redeem all outstanding warrants per the agreement. According to section 12 of the warrant agreement, "At any time following the date which is four years after the date of issuance of a Warrant, the Bancorp may, at its option, upon at least ninety (90) days' written notice to the holders thereof (which notice may be given prior to the expiration of the four-year period), redeem all or any portion of such Warrant at a redemption price of $0.001 per Warrant ("Redemption Price")". As such, we are exercising this option. Below you will find a breakdown of the number of your outstanding warrants.
WARRANT REDEMPTION AGREEMENTWarrant Redemption Agreement • December 27th, 2013 • Sotherly Hotels Lp • Hotels & motels • New York
THIS WARRANT REDEMPTION AGREEMENT (this “Agreement”) is entered into as of December 23, 2013, by and among Sotherly Hotels Inc., a Maryland corporation formerly known as MHI Hospitality Corporation (the “Company”), as issuer of the Warrant (as hereinafter defined), and Essex Illiquid, LLC, a Delaware limited liability company (“Essex Illiquid”), and Richmond Hill Capital Partners, LP, a Delaware limited partnership (“Richmond Hill”, and together with Essex Illiquid, the “Initial Holders”), as the initial holders of the Warrant. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Warrant.
WARRANT REDEMPTION AGREEMENTWarrant Redemption Agreement • July 2nd, 2024 • SeaStar Medical Holding Corp • Surgical & medical instruments & apparatus
This Agreement confirms that, in consideration for the Holder’s agreement to redeem all of the outstanding Warrants, such that the Holder will no longer hold any Warrants of the Company following the redemption of the Warrants by the Holder, the Company hereby agrees to pay to the Holder $3.56 per Warrant for a total redemption price of $449,734.80 (the “Redemption Price”). The Redemption Price shall be paid by the Company as follows: (i) $100,000 shall be paid to Holder within one (1) business day of the date hereof and (ii) $349,734.80 (the “Deferred Payment Amount”) shall be paid in full not later than the sixtieth (60) day of the date hereof with interest to accrue on the outstanding and unpaid Deferred Payment Amount at a rate equal to seven percent (7%) per annum, compounded annually.
ALION MEZZANINE WARRANT REDEMPTION AGREEMENTWarrant Redemption Agreement • March 31st, 2006 • Alion Science & Technology Corp • Services-commercial physical & biological research • Delaware
THIS ALION MEZZANINE WARRANT REDEMPTION AGREEMENT (the “Agreement”) is made effective as of March 27, 2006, between Alion Science and Technology Corporation, a Delaware corporation (the “Company”), and Bahman Atefi (“Atefi”).
MAYOR’S JEWELERS, INC. WARRANT REDEMPTION AGREEMENTWarrant Redemption Agreement • June 24th, 2005 • Mayors Jewelers Inc/De • Retail-jewelry stores • Florida
This Warrant Redemption Agreement (this “Agreement”) is entered into as of May 26, 2005 by and between Mayor’s Jewelers, Inc. a Delaware corporation (the “Corporation”) and John Ball (the “Seller”).
WARRANT REDEMPTION AGREEMENTWarrant Redemption Agreement • July 6th, 2007 • Bravo! Brands Inc. • Dairy products
THIS WARRANT REDEMPTION AGREEMENT (the “Agreement”) is made and entered into as of the 2nd day of July, 2007 by and between BRAVO! BRANDS INC. f/k/a/ BRAVO! FOODS INTERNATIONAL CORP., a Delaware corporation (“Bravo”), and COCA-COLA ENTERPRISES INC., a Delaware corporation (“CCE”).
WARRANT REDEMPTION AGREEMENTWarrant Redemption Agreement • August 12th, 2014 • Brainstorm Cell Therapeutics Inc. • Biological products, (no disgnostic substances) • New York
This Warrant Redemption Agreement (this “Agreement”) is dated as of May 27, 2014, between Brainstorm Cell Therapeutics Inc., a Delaware corporation (the “Company”), and the party identified on the signature page hereto (the “Holder”).
WARRANT REDEMPTION AGREEMENTWarrant Redemption Agreement • October 24th, 2013 • Sotherly Hotels Inc. • Real estate investment trusts • New York
THIS WARRANT REDEMPTION AGREEMENT (this “Agreement”) is entered into as of October 23, 2013, by and among Sotherly Hotels Inc., a Maryland corporation formerly known as MHI Hospitality Corporation (the “Company”), as issuer of the Warrant (as hereinafter defined), and Essex Illiquid, LLC, a Delaware limited liability company (“Essex Illiquid”), and Richmond Hill Capital Partners, LP, a Delaware limited partnership (“Richmond Hill”, and together with Essex Illiquid, the “Initial Holders”), as the initial holders of the Warrant. Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Warrant.
