Applicable Redemption Amount definition

Applicable Redemption Amount means, the applicable Redemption Price, the Term Loan Payment or the Mandatory Prepayment Offer Payment Amount, as applicable.

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Applicable Redemption Amount means (a) in the event the Redemption Amount is equal to or less than

Applicable Redemption Amount means with respect to any period set forth in the table set forth in Section 7(i) hereof, the number of shares equal to 25% of the total number of shares, rounded up to the nearest whole number, of Series B Preferred Stock outstanding at the beginning of such period less the number of shares of Series B Preferred Stock converted pursuant to Section 4 hereof during the portion of such period elapsing prior to the then Applicable Redemption Record Date (as defined in Section 7(iv) hereof) during such period.

Examples of Applicable Redemption Amount in a sentence

• Such Applicable Redemption Amount shall be paid on the Redemption Date by the Paying Agent to the Registered Holders.

• In the case of any redemption of MRP Shares pursuant to the provisions of Section 3(a) of the Articles Supplementary, the Company shall deposit with the Paying Agent not later than 1:00 p.m. New York time on the first Business Day prior to the Redemption Date the aggregate Applicable Redemption Amount of all MRP Shares then being redeemed.

• Each of the Issuer and the Guarantors expressly acknowledge that their agreement to pay the Applicable Redemption Amount to Holders as herein described was a material inducement to investors to acquire the Convertible Notes.

• In the case of any redemption of MRP Shares pursuant to the provisions of Section 3(a) of the Articles Supplementary, the Company shall deposit with the Paying Agent not later than 1:00 p.m. New York time on the first Business Day prior to the Redemption Date the aggregate Applicable Redemption Amount of all MRP ▇▇▇▇▇▇ then being redeemed.

• Any such Make-Whole Amounts, Specified Fees and any other premiums comprising the Applicable Redemption Amount payable above shall be presumed to be liquidated damages sustained by each Holder as the result of the acceleration of the Convertible Notes and the Issuer and the Guarantors to the extent they provide guarantees for the Obligations agree that it is reasonable under the circumstances currently existing.

• Any moneys so deposited by the Companies and unclaimed at the end of two years from the date of the Parent Default shall revert to the Companies and, upon demand, such bank or trust company shall pay over to the Companies such unclaimed amounts and thereupon such bank or trust company shall be relieved of all responsibility in respect thereof and any holder of Unredeemed Preferred Shares so redeemed shall look only to the Companies and the Parent for the payment of the full Applicable Redemption Amount.

• In addition, concurrent with the purchase of the Option Securities and, if applicable, the Investor Securities, the parties shall work together to allow the Company to use such portion of the Total Consideration paid by the Buyer as is required to redeem in full all of the outstanding Series A Preferred Shares and the Notes at their respective Applicable Redemption Amount.

• Unless previously redeemed, converted or purchased and cancelled, the Company shall redeem all the outstanding CB on the Maturity Date at their Applicable Redemption Amount plus an amount that would make up an aggregate interest on the relevant amount of the CB at the rate of 12% per annum thereon (having included the interest paid but excluding all default interest (whether accrued, paid or unpaid)) calculated from the Issue Date to (and including) the Maturity Date.

• Any such Make-Whole Amounts, Specified Fees and any other premiums comprising the Applicable Redemption Amount payable above shall be presumed to be liquidated damages sustained by each holderHolder as the result of the acceleration of the Convertible Notes and the Issuer and the Guarantors to the extent they provide guarantees for the Obligations agree that it is reasonable under the circumstances currently existing.

More Definitions of Applicable Redemption Amount

Applicable Redemption Amount means (a) in the event the Redemption Amount is equal to or less than $50,000,000, 100% of the Redemption Amount; (b) in the event the Redemption Amount is greater than $50,000,000 but less than $100,000,000, $50,000,000; or (c) in the event the Redemption Amount equals or exceeds $100,000,000, the sum of (i) $50,000,000 plus (ii) fifty percent (50%) of the amount by which the Redemption Amount exceeds $100,000,000.

Applicable Redemption Amount means, (i) with respect to the Series A Preferred Shares, such amount in cash (in US Dollars) as is required to redeem all of the outstanding Series A Preferred Shares as of the Completion in accordance with the Memorandum and Articles and,

Applicable Redemption Amount means, in relation to all or any of the Notes in a Tranche of Notes (as applicable), the Final Redemption Amount or the Optional Redemption Amount (Put) or the Optional Redemption Amount (Call) or the Early Redemption Amount, as applicable;

Applicable Redemption Amount means, in relation to (as applicable) all or any of the Notes in a Tranche of Notes (subject, in the case of Zero Coupon Notes, to Condition 7.8.4.2 or Condition 8.6, as applicable), (i) the aggregate Principal Amount of such Note(s) (where such Note(s) is/are redeemed in full) or the relevant portion of the aggregate outstanding Principal Amount of such Note(s) (where such Note(s) is/are redeemed in part), as the case may be, plus accrued interest (if any) to the Applicable Redemption Date or (ii) such other amount as may be specified in, or determined in accordance with, the Terms and Conditions and/or or the Applicable Pricing Supplement;