Examples of Acquisition Redemption Notice in a sentence
All Conversion Amounts converted by the Holder after the Acquisition Redemption Notice Date shall reduce the Holder Acquisition Redemption Amount required to be redeemed.
In the event that the Company does not elect to redeem any portion of this Note upon the consummation of the Acquisition, then the Company shall deliver a written notice to the Holder in the same manner, at the same time and setting forth the information required in clauses (A) and (B) above for an Acquisition Redemption Notice and such notice shall also state that the number of shares of Common Stock into which the Series B Warrants shall become exercisable in accordance with the terms of such warrants.
If the Company does not specify a number of shares of Common Stock that will be replaced with cash in the Acquisition Redemption Notice, the Company shall be deemed to have elected to settle the Redemption Amount solely in shares.
Contemporaneously with the consummation of the Acquisition, so long as there has been no Acquisition Redemption Equity Conditions Failure, the Company shall have the right to redeem up to the Acquisition Redemption Amount as designated in the Acquisition Redemption Notice (as defined below) (an “ Acquisition Redemption”).
The Company may exercise its right to require redemption under this Section 9 by delivering a written notice thereof by facsimile and overnight courier to all, but not less than all, of the holders of Notes (the “Acquisition Redemption Notice” and the date all of the holders received such notice is referred to as the “Acquisition Redemption Notice Date”) and each Acquisition Redemption Notice shall be irrevocable.
Contemporaneously with the consummation of the Acquisition, so long as there has been no Acquisition Redemption Equity Conditions Failure, the Company shall have the right to redeem up to the Acquisition Redemption Amount as designated in the Acquisition Redemption Notice (as defined below) (the “Acquisition Redemption”).
In the event the Redemption Amount is determined pursuant to Section 4.09(c)(ii), if the Company does not specify a number of shares of Common Stock that will be replaced with cash in the Acquisition Redemption Notice, the Company shall be deemed to have elected to settle the Redemption Amount solely in shares of Common Stock.
The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Acquisition Redemption Notice through the date all amounts owing thereon are due and paid in full.
The Acquisition Redemption right granted to the Company pursuant to this Section 9(b) may only be exercised on one (1) occasion, simultaneously with the consummation of the Acquisition, and the Acquisition Redemption Notice shall be irrevocable.
The Company may only effect an Acquisition Redemption if during the period commencing on the Acquisition Redemption Notice Date through to the Acquisition Redemption Date, each of the Equity Conditions shall have been met.