Automatic Redemption definition

Automatic Redemption means an automatic redemption pursuant to Section 7(g) of this Certificate of Designation subsequent to a Conversion Election, Section 8(c) of this Certificate of Designation or Section 8(c) of the Series B-2 Certificate of Designation.

Automatic Redemption has the meaning specified in Section 4(g);

Automatic Redemption means an automatic redemption pursuant to Section 7(g) of the Series B-1 Certificate of Designation subsequent to a Conversion Election (as defined in the Series B-1 Certificate of Designation), Section 8(c) of the Series B-1 Certificate of Designation or Section 8(c) of the Series B-2 Certificate of Designation.

Examples of Automatic Redemption in a sentence

• Upon such redemption, the Holder will receive a cash payment equal to the Automatic Redemption Value for each Security, which shall be specified in such notice.

• If a market disruption event occurs and is continuing following the occurrence of an Automatic Termination Event and the Calculation Agent is prevented from determining the Automatic Redemption Value, the Company will deliver a notice to DTC specifying the occurrence of an Automatic Termination Event and will deliver a separate notice to DTC to specify the Automatic Redemption Date and the relevant Automatic Redemption Value following the resolution of the applicable market disruption event.

• Upon the occurrence of an Automatic Termination Event, the Company will automatically redeem the Securities on the Automatic Redemption Date and will deliver a notice of redemption to DTC in the form attached as Annex C to the pricing supplement, specifying such date.

• In the case of any notice given in connection with a possible Automatic Redemption Date, such notice will be given contingently and will be withdrawn if the contingency does not occur.

• If the Company elects to redeem, each Holder of outstanding Series A Preferred Stock shall send their certificates representing the Series A Preferred Stock to the Company within five (5) days of the date of receipt of the Automatic Redemption Notice from the Company, and the Company shall pay the applicable redemption price to each respective Holder within five (5) days of the receipt of such certificates.

More Definitions of Automatic Redemption

Automatic Redemption has the meaning specified in General Terms and Conditions 8.2.

Automatic Redemption has the meaning ascribed thereto in Section 7.1 of these share provisions.

Automatic Redemption is defined in Section 4.1(h)(i).

Automatic Redemption means an automatic redemption pursuant to Section 8(c) of this Certificate of Designation, Section 7(g) of the Series B-1 Certificate of Designation subsequent to a Conversion Election (as defined in the Series B-1 Certificate of Designation) or Section 8(c) of the Series B-1 Certificate of Designation.

Automatic Redemption has the meaning ascribed thereto in Section 8.1(b);

Automatic Redemption shall have the meaning set forth in Section 5.1 of this Agreement.

Automatic Redemption means a redemption by PDLP of all but not less than all of a holder's Exchangeable LP Units, on the fifth Business Day prior to the Change of Residence Date, for a price equal to the Automatic Redemption Price per Exchangeable LP Unit redeemed;