Change of Control Redemption Premium definition

Change of Control Redemption Premium means 125%.

Change of Control Redemption Premium means 115%.

Change of Control Redemption Premium means, as to each share of Preferred Stock at the time of a Change of Control Redemption Price and subject to Section 5.10.2, the amount, assuming such dividends were paid as Cash Dividends and are not compounding, of incremental dividends that would have accrued had such a Preferred Stock remained outstanding from such time until and including the fifth anniversary of its issuance date provided that if the Issued Amount exceeds the Make Whole Issuable Maximum prior to the Change of Control Redemption Date, then the Change of Control Redemption Premium shall thereafter be zero dollars ($0.00); after such fifth anniversary, the Change of Control Redemption Premium as to such Preferred Stock shall be zero;

Examples of Change of Control Redemption Premium in a sentence

• Accordingly, any Change of Control Redemption Premium due under this Section 6(b) is intended by the parties to be, and shall be deemed, a reasonable estimate of the Holder's actual loss of its investment opportunity and not as a penalty.

• Accordingly, any Change of Control Redemption Premium due under this Section 5(b) is intended by the parties to be, and shall be deemed, a reasonable estimate of the Holder’s actual loss of its investment opportunity and not as a penalty.

• Each Preferred Share subject to redemption pursuant to this Section 6(b) shall be redeemed by the Company in cash at a price equal to the product of the Change of Control Redemption Premium multiplied by the Stated Value (the “Change of Control Redemption Price”).

• The portion of this Note subject to redemption pursuant to this Section 5(b) shall be redeemed by the Company in cash at a price equal to the product of (x) the Change of Control Redemption Premium multiplied by (y) the Conversion Amount being redeemed (the “Change of Control Redemption Price”).

• Accordingly, any Change of Control Redemption Premium due under this Section 5(b) is intended by the parties to be, and shall be deemed, a reasonable estimate of the Holder's actual loss of its investment opportunity and not as a penalty.

More Definitions of Change of Control Redemption Premium

Change of Control Redemption Premium means 110%.

Change of Control Redemption Premium means 150%.

Change of Control Redemption Premium means 120%.

Change of Control Redemption Premium means 130%.

Change of Control Redemption Premium means (i) for Change of Control Notice delivered or required to be delivered in connection with a Change of Control prior to the thirtieth (30th) month following of the Issuance Date, 120% and (ii) for any Change of Control Notice delivered or required to be delivered in connection with a Change of Control following the thirtieth (30th) month following the Issuance Date, 112.5%.

Change of Control Redemption Premium means (a) on or prior to the first anniversary of the Issue Date, 125%, (b) after the first anniversary of the Issue Date but on or prior to the second anniversary of the Issue Date, 120%, (c) after the second anniversary of the Issue Date but on or prior to the third anniversary of the Issue Date, 115%, (d) after the third anniversary of the Issue Date but on or prior to the sixth anniversary of the Issue Date, 110% and (e) thereafter, 105%.

Change of Control Redemption Premium means, as to a First Priority Security or portion thereof subject to a Change of Control Redemption, an amount equal to one percent (1%) of the outstanding principal amount of the First Priority Security or portion thereof.