Examples of Call Payment in a sentence
In the event that the Holder chooses to exercise all or a portion of the Warrant after receipt of the Call Notice, the Company shall have the option to rescind such Call Notice or to exercise its call option with respect to that portion of the Warrant which remains unexercised through the delivery of a pro rata portion of the Call Payment.
Notwithstanding anything to the contrary contained herein, the Holder shall be entitled to exercise this Warrant in whole or in part at any time after the receipt of the Call Notice until the receipt by the Holder of the Call Payment.
From and after the Redemption Date, all dividends on shares of Series A Preferred Stock that are redeemed on such Redemption Date shall cease to accumulate and all rights of the holders thereof as holders of Series A Preferred Stock shall cease and terminate, so long as the Call Payment is received on the Redemption Date and the conditions to the effectiveness of such redemption set forth in Section 3(2)(a) are satisfied.
The Redemption Notice shall specify (i) the applicable Redemption Date (determined in accordance with the preceding sentence), and (ii) the Call Payment to which each holder of outstanding shares of Series A Preferred Stock shall be entitled in connection with such Redemption.
Such payment shall be made on any date (the "Optional Call Payment Date") established by the Company, which in no event shall be more than 30 days after the Optional Call Date, to holders of record at the close of business on the tenth business day following such Optional Call Date.
In the event the Company exercises its optional right to call the Securities on an Optional Call Date, the Company shall issue a press release on such date announcing such event, the Optional Call Payment Amount and the Optional Call Payment Date.
The interest paid by Partner A and the loaning Partner with respect to such Call Payment shall not be credited to capital.
If and to the extent Holding I does not elect to make a Call Payment, its percentage interest in the total capital accounts of the Partnership shall accordingly be reduced.
The Optional Call Payment Amount payable to each Holder on ________, the Optional Call Payment Date, for each VSR held by such Holder shall be equal to $___________.
If the Borrower does not intend to satisfy such Margin Call Notice, the Borrower shall cause the Loans to be repaid no later than [* * *] on the Margin Call Payment Date in an amount sufficient to reduce the LTV Ratio to less than the Maintenance LTV Ratio.