Class C Redemption Price definition

Class C Redemption Price. As defined in Section 9.1(C) hereof.
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Class C Redemption Price means an amount equal to the Class C Stated Liquidation Preference.
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Class C Redemption Price has the meaning set out in section 4.5.1;
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Examples of Class C Redemption Price in a sentence

  • After such reversion such bank or trust company shall, upon demand, pay over to the Corporation such unclaimed amounts and thereupon such bank or trust company shall be relieved of all responsibility in respect thereof to such holder and such holder shall look only to the Corporation for the payment of the Class C Redemption Price.

  • For the purposes hereof the "Class C Redemption Price" of each Class C Special Share is $1.00.

  • In the event of the liquidation, dissolution or winding up of the Corporation or other distribution of the assets of the Corporation among its shareholders for the purpose of winding up its affairs, the holders of the Class C Special Shares shall be entitled to receive the sum per share on each Class C Special Share equal to the Class C Redemption Price set forth in clause 5 hereof before any amount shall be paid to the holders of shares of any class ranking junior to the Class C Special Shares.

  • On or after the date fixed for redemption and stated in such notice, each holder of Class C Preferred Units called for redemption shall execute and deliver to the Company an assignment in form satisfactory to the Directors (“Class C Assignment”), assigning the Class C Preferred Units to the Company at the place designated in such notice and shall thereupon be entitled to receive payment of the Class C Redemption Price.

  • Upon receipt of a Class C Notice with respect to the redemption of Class C Common Stock, each holder of shares of Class C Common Stock shall surrender such holder’s certificate or certificates for all such shares to the Corporation at the place designated in such notice, and shall thereafter receive a payment from the Corporation equal to the number of shares of Class C Common Stock owned by such holder multiplied by the Class C Redemption Price (the “Class C Redemption Payment”).

  • As soon as practicable after the determination of the Class C Redemption Price (and unless such information was previously included in the Class C Notice), the Corporation shall send a written notice to the holders of Class C Common Stock setting forth the Class C Redemption Price.

  • On the 10th day after the date of the mailing of the said notice, the Corporation shall pay or cause to be paid to such holder the Class C Redemption Price for each such Class C Special Shares which shall thereupon be redeemed, provided that the Corporation may waive notice of such redemption and such waiver may be given either before or after redemption of such Class C Special Shares.

  • In the event that the stated capital per share of the Class C Special Shares should at any time be reduced and paid to the holders of the Class C Special Shares, the Class C Redemption Price for each Class C Special Share shall be reduced by an equal amount.

  • The Class C Special Shares to be redeemed on any Redemption Date pursuant to paragraphs 5(a) or 5(b) above shall be redeemed by paying for each share in cash an amount equal to $0.95 plus all accrued but unpaid dividends thereon up to and including the date the redemption price is received by the holder (the "Class C Redemption Price").

  • Once the Class C Redemption Price and/or the Class B Redemption Price has been paid by the Corporation with respect to shares of Class B Common and/or Class C Common being redeemed pursuant to this Section 7 of Part C of these Articles, either in cash or by delivery of a Note in accordance with clause (d) above, such shares of Class B Common and/or Class C Common shall no longer be deemed to be outstanding, shall be canceled and shall not be subject to reissuance by the Corporation.


More Definitions of Class C Redemption Price

Class C Redemption Price. The Redemption Price for the Class C Notes as specified under the definition of "Redemption Price."
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Related to Class C Redemption Price

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Special Event Redemption Price has the meaning specified in Section 11.2.