Company Redemption definition

Company Redemption shall have the meaning set forth in Section 6(b);

Company Redemption has the meaning set forth in Section 7(a).

Company Redemption means the Company’s redemption or call, as applicable, of approximately 20% in the aggregate of its outstanding Common Stock from its stockholders for aggregate consideration of up to approximately $590,000,000 pursuant to (i) stock redemption agreements, in each case dated as of May 4, 2010 between the Company and the stockholder of the Company party thereto, and (ii) notices to call shares of its outstanding Common Stock, in each case pursuant to an agreement between the Company and the stockholder of the Company party thereto (such agreements and notices referred to in clauses (i) and (ii), as they may be amended, modified or supplemented from time to time in accordance with Section 6.6, the “Redemption Documents”).

Examples of Company Redemption in a sentence

• The Company shall deliver or cause to be delivered to each Holder that has complied with the instructions set forth in such Notice of Company Redemption, cash by wire transfer in an amount equal to the Redemption Price of the shares of Series A Preferred Stock in respect of which such Holder has complied with such instructions in accordance herewith.

• The review for granting or denying a shoreline variance shall be consistent with Section6.7.

• Company Redemption Notice means a notice substantially in the form set out in Schedule 7.

• If the Company elects to redeem the Outstanding Preference Shares the Company shall, on the applicable Company Redemption Date, pay the Redemption Amount of each Outstanding Preference Share to each Holder (for onward payment to the Beneficiary of that Preference Share).

• Redemption Date means in respect of a Convertible Note: (a) in the event of a redemption by a Noteholder, the date set out in the Redemption Notice given by the Noteholder to the Company; or (b) in the event of a redemption by the Company, the date set out in the Company Redemption Notice given by the Company to the Noteholder; or (c) in the event of a mandatory redemption, the Maturity Date.

More Definitions of Company Redemption

Company Redemption means a Cap Amount Redemption, Stock Price Redemption or Tax Redemption, as the context permits or requires.

Company Redemption shall have the meaning ascribed to such term in Section 11(b) hereof.

Company Redemption shall have the meaning assigned in Section 3(a).

Company Redemption means the mandatory redemption of outstanding shares of the Company held by shareholders in the Company other than CRG under

Company Redemption means the mandatory redemption of outstanding shares of the Company held by shareholders in the Company other than CRG under Section 176 of the BVI Business Companies Act, 2004 and in accordance with applicable Law, following which CRG shall hold all of the issued and outstanding shares of the Company (provided that such definition shall not include any related dissent or appraisal process.)

Company Redemption shall have the meaning assigned in Section (3)(a). (h) “Company Redemption Notice” shall have the meaning assigned in Section (3)(a). (i) “Convertible Securities” means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for Ordinary Shares or ADSs. (j) “Depositary” means Deutsche Bank Trust Company Americas or its successor as the depositary for the ADS facility. (k) “Equity Conditions Failure” means that any of the following conditions are not satisfied: (i) all applicable ADSs issuable upon conversion of Ordinary Shares to be issued in connection with the event requiring determination shall be eligible for sale without restriction under any applicable federal or state securities laws; (ii) the ADSs are designated for quotation on the Primary Market and shall not have been suspended from trading on such exchange nor shall delisting or suspension by such exchange been threatened or pending; (iii) any applicable ADSs issuable upon conversion of Ordinary Shares to be issued in connection with the event requiring determination may be issued in full without the rules or regulations of the Primary Market; (iv) there shall not have occurred either (A) an Event of Default or (B) an event that with the passage of time or giving of notice would constitute an Event of Default; (v) the daily VWAP is greater than 125% of the Floor Price for each of the five (5) consecutive Trading Days immediately prior to the date of the event requiring determination; and (vi) the Company shall have no knowledge of any fact that would cause any Ordinary Shares to be issued in connection with the event requiring determination not to be eligible for sale without restriction under any applicable federal or state securities laws. (l) “Exchange Act” means the Securities Exchange Act of 1934, as amended. (m) “Floor Price” means $0.750.50 per ADS. (n) “Fundamental Transaction” means any of the following: (1) the Company effects any merger or consolidation of the Company with or into another Person and the Company is the non-surviving company (other than a merger or consolidation with a wholly owned subsidiary of the Company for the purpose of redomiciling the Company), (2) the Company effects any sale of all or substantially all of its assets in one or a series of related transactions, (3) any tender offer or exchange offer (whether by the Company or another Person) is completed pursuant to which holders of Ordinary Shares are...

Company Redemption shall have the meaning set forth in Section D(1) of Article IV. 1 $188,878,552, less the amount of Non-Core Asset proceeds received prior to closing.