Examples of Aggregate Redemption Price in a sentence
If the Issuer elects to so redeem all Notes then Outstanding, it shall, no later than 30 days prior to the Payment Date selected for such redemption, deliver notice of such election to the Trustee, together with an Issuer Order directing the Trustee to effect such redemption and the Aggregate Redemption Price due on such Payment Date for deposit into the Collection Account.
In addition to the payment of the Aggregate Redemption Price, the Company shall pay at the Closing (as defined below) all accrued but unpaid interest on the Debenture as of the date of Closing.
If the Corporation does not have sufficient funds legally available to redeem on any Redemption Date all shares of Series Preferred to be redeemed on such Redemption Date, the Corporation shall redeem such shares of Series Preferred pro rata (based on the portion of the Aggregate Redemption Price payable to them), and shall redeem the remaining shares to have been redeemed as soon as practicable after the Corporation has funds legally available therefor.
The Company may pay the Mandatory Redemption Price, in an amount up to the Maximum Aggregate Redemption Price, in the form of Shyris Shipping Series B Preferred Shares having an aggregate stated liquidation preference equal to the Mandatory Redemption Price paid therewith, in lieu of cash, in accordance with the provisions of the Share Purchase Agreement.
From and after the Redemption Date, the Preferred Shares so redeemed shall cease to be entitled to Dividends or any other participation in any distribution of the assets of the Corporation and the then-former Holder thereof shall not be entitled to exercise any of the other rights of a stockholder in respect thereof unless payment of the applicable Aggregate Redemption Price shall not be made on the Redemption Date, in which event the rights of each such Holder shall remain unaffected.