Adjusted Redemption Price definition

Adjusted Redemption Price means in respect to the referenced Series C Preferred Stock the sum of (a) its Liquidation Preference; (b) all accrued and unpaid dividends thereon to, but not including, the Redemption Date; and (c) an amount equal to 2% of the sum of (i) its Liquidation Preference and (ii) all accrued and unpaid dividends thereon attributable to the period commencing with the Adjustment Date through, but not including, the Redemption Date.
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Adjusted Redemption Price at any time of determination shall mean a redemption price per share of Preferred Stock being redeemed equal to either (a) 105% of the Liquidation Preference per share of Preferred Stock on and after the third anniversary of the Original Issue Date and prior to the fourth anniversary of the Original Issue Date,
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Adjusted Redemption Price as defined in Section 1.5.
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Examples of Adjusted Redemption Price in a sentence

  • The Redemption Price or Adjusted Redemption Price, as the case may be, shall be paid prior to 12:00 noon, New York City time, on the date of such redemption or at such earlier time as the Company determines.

  • Upon receipt by the Transfer Agent of the Fundamental Change Redemption Notice, the holder of the shares of Preferred Stock in respect of which such Fundamental Change Redemption Notice was given shall (unless such Fundamental Change Redemption Notice is withdrawn as specified above) thereafter be entitled, subject to legally available funds, to receive the Adjusted Redemption Price with respect to such shares of Preferred Stock, subject to Section 14(d) hereof.

  • Such Adjusted Redemption Price shall be paid, subject to legally available funds, to such holder promptly on the later of (a) the Fundamental Change Redemption Date with respect to such shares of Preferred Stock and (b) the time of delivery or book-entry transfer of such shares of Preferred Stock to the Transfer Agent by the holder thereof in the manner required by this Section 14.

  • Notwithstanding the foregoing, if shares of Preferred Stock are to be redeemed pursuant to Section 7, such conversion right shall cease and terminate at 5:00 p.m., New York City time, on the Business Day immediately preceding the Redemption Date as provided herein, unless the Corporation shall default in the payment of the Adjusted Redemption Price therefor.

  • Prior to 11:00 a.m. (New York City time) on the Fundamental Change Redemption Date, the Corporation shall, subject to legally available funds, deposit with the Paying Agent an amount of cash (in immediately available funds if deposited on such Business Day), sufficient to pay the aggregate Adjusted Redemption Price of all shares of Preferred Stock that remain Outstanding after a Fundamental Change or portions thereof which are to be redeemed as of the Fundamental Change Redemption Date.

  • Such written notice shall set forth (a) the share(s) to be so redeemed, (b) the date preferred for redemption by the holder thereof, (c) the applicable Adjusted Redemption Price, and (d) the place at which the holder(s) desires to receive payment of the applicable Adjusted Redemption Price upon surrender of the certificate(s).

  • If on the Redemption Date, DTC and/or the Paying Agent holds or hold cash sufficient to pay the Adjusted Redemption Price for the shares of Preferred Stock delivered for redemption as set forth herein, dividends shall cease to accumulate as of the Redemption Date on all Outstanding shares of Preferred Stock and all rights of holders of such shares shall terminate, except for the right to receive the Adjusted Redemption Price pursuant to this Section 7.

  • The Adjusted Redemption Price shall be paid, subject to legally available funds, in cash.

  • If a redemption in connection with a Tax Event occurs on or before September 30, 2003, the Company shall pay to the Holders of the Convertible Debentures an Adjusted Redemption Price specified in the Amended and Restated Indenture.

  • The Corporation may, at its option, redeem, in whole or in part, Outstanding shares of Preferred Stock, at the Adjusted Redemption Price.


More Definitions of Adjusted Redemption Price

Adjusted Redemption Price shall have the meaning set forth in Section 1.4.2.
Sample 1
Adjusted Redemption Price means the greatest of (a) 115% of the Initial Purchase Price, (b) the VWAP on the 120th calendar day (or the next succeeding Trading Day if such calendar day is not a Trading Day) following the date of this Agreement, and (c) the VWAP on the Trading Day prior to date on which the Purchaser delivers a Repurchase Notice to the Company in accordance with Section 2(i).
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Related to Adjusted Redemption Price

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Special Mandatory Redemption Price means 100% of the principal amount of the Notes plus accrued and unpaid interest on the principal amount of the Notes to, but not including, the Special Redemption Date.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Make-Whole Redemption Amount means the sum of:

  • Specified Redemption Date means the tenth Business Day after receipt by the General Partner of a Notice of Redemption; provided that, if the Shares are not Publicly Traded, the Specified Redemption Date means the thirtieth Business Day after receipt by the General Partner of a Notice of Redemption.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.