Examples of Base Redemption Price in a sentence
The Series B Redemption Price shall be paid to the holders of shares of Series B Stock in two separate parts: the Series B Base Redemption Price and the Series B Remaining Redemption Price.
The Series A Redemption Price shall be paid to the holders of shares of Series A Stock in two separate parts: the Series A Base Redemption Price and the Series A Remaining Redemption Price.
Upon the payment of each installment of the Series A Base Redemption Price, the Corporation shall issue to the holders of the Series A Stock who have elected to have the Corporation redeem their Series A Stock, a promissory note in an amount equal to the Series A Remaining Redemption Price attributable to the shares of Series A Stock redeemed with such payment.
The promissory notes issuable by the Corporation pursuant to Section IV.5(d)(iv) (the “Series C Notes” and collectively with the Series A Notes and the Series B Notes, the “Notes”) shall be due and payable one (1) year after the scheduled final installment payment of the Series C Base Redemption Price.
In the case of redemption following either a Tax Event or a Regulatory Event, the Bank may redeem the Notes at a redemption price equal to the Base Redemption Price.