Company Redemption Amount definition

Company Redemption Amount means, each of the Monthly Installment Amount, the Quarterly Installment Amount, the Asset Disposition Redemption Amount, and the Subsequent Placement Redemption Amount.

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Company Redemption Amount shall be an amount equal the greater of: (i) for each Warrant Share, an amount equal to the average of the Common Stock’s Closing Sale Prices for the five (5) consecutive Trading Days ending on the date immediately preceding the Company Election, provided, that trading volume of the Company’s Common Stock on each of the preceding five (5) Trading Days was equal to or greater than 0.6% of the Company’s total Common Stock outstanding during the same period, or (ii) the product of: (A) the Warrant Redemption EBITDA multiplied by (B) six and one half (6.5) multiplied by (C) the percentage ownership interest in the Company (on a fully diluted basis) represented by the Warrant Shares subject to the Company Election, provided, that:

Company Redemption Amount. As defined in Section 10.1(c) hereof. Control, controlled or controlling: The possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract, or otherwise. Credit Facility: Each loan agreement, credit facility, term loan, match funded loan, repurchase agreement, warehouse line and other instruments pursuant to which the Company or an Investment Entity obtains financing.

Examples of Company Redemption Amount in a sentence

In the event the Holder elects to convert all or any portion of the Company Redemption Amount prior to the applicable Installment Date as set forth in the immediately preceding sentence, the Company Redemption Amount so converted shall be deducted from the Installment Amounts relating to the applicable Installment Date(s) as set forth in the applicable Conversion Notice.
If the Company fails to pay the applicable Company Redemption Amount on the applicable Installment Date, then, at the option of the Holder designated in writing to the Company (any such designation shall be a “Conversion Notice” for purposes of this Note), the Holder may require the Company to convert all or any part of the Company Redemption Amount at the Default Conversion Price (determined as of the date of such designation as if such date were an Installment Date).
If the Company elects a Company Redemption, then the Company Redemption Amount which is to be paid to the Holder on the applicable Company Redemption Date shall be redeemed by the Company on such Company Redemption Date, and the Company shall pay to the Holder on such Company Redemption Date, by wire transfer of immediately available funds, an amount in cash equal to the Company Redemption Amount.
The applicable Company Conversion Amount (whether set forth in the applicable Company Installment Notice or by operation of this Section 8) shall be converted in accordance with Section 8.2 and the applicable Company Redemption Amount shall be redeemed in accordance with Section 8.3.
Upon delivery of the Company Election and payment of the Company Redemption Amount, this Warrant, without the need for any further action on the part of any party, shall be and become void and of no value, and shall be terminated, removed from the Warrant Registry and considered no longer outstanding.

More Definitions of Company Redemption Amount

Company Redemption Amount has the meaning specified therefor in Section 5(a) of the Warrant Agreement.

Company Redemption Amount means, for each $1,000 principal amount of the Notes, an amount in U.S. dollars equal to the greater of: (i) the product of the Exchange Ratio multiplied by the average Market Price of the GTE Common Stock for the five Trading Days immediately following the Redemption Notice Date; provided, however, that if the Company Redemption Amount is based upon the foregoing formula, no interest shall accrue on the Notes from and including the immediately preceding Interest Payment Date through the date of redemption; or (ii) $1,000 plus accrued and unpaid interest through but excluding the date of redemption. If the Company redeems the Notes, the Holder is precluded as of the Redemption Notice Date from exercising its exchange right. At any time beginning June 21, 1999 and ending 15 scheduled Trading Days before the Maturity Date, upon written notice to the Calculation Agent and the Trustee (in the form of Annex A attached hereto), the Holder of this Note may exchange the Notes that the Holder holds for the Holder Exchange Amount (as defined herein). Any date on which the Holder provides notice to cause the Company to exchange the Notes is referred to as the "Exchange Notice Date". If the Calculation Agent receives the Holder's notice after 3:00 p.m. on any Trading Day, the

Company Redemption Amount means, for each $1,000 principal amount of the Notes, an amount equal to the greater of: (i) the product of the Exchange Ratio multiplied by the average Market Price of the Kroger Common Stock for the five Trading Days immediately following the Redemption Notice Date; provided, however, that if the Company Redemption Amount is based upon the foregoing formula, no interest shall accrue on the Notes from and including the immediately preceding Interest Payment Date through the date of redemption; or (ii) $1,000 plus accrued and unpaid interest on the Notes through but excluding the date of redemption.

Company Redemption Amount has the meaning specified in the Recitals.

Company Redemption Amount means the applicable Installment Amount. The Company Installment Notice shall be irrevocable. The Company shall redeem and convert the applicable Installment Amount pursuant to this Section 14 and the corresponding Installment Amounts of the Other Debentures pursuant to the corresponding provisions of the Other Debentures in the same ratio or principal amount being redeemed and principal amount being converted. The Company Redemption Amount (whether set forth in the Company Installment Notice or by operation of this Section 14.1) shall be redeemed in accordance with Section 14.2 and the Company Conversion Amount shall be converted in accordance with Section 14.3.

Company Redemption Amount means, for each $1,000 principal amount of the Notes, an amount in U.S. dollars equal to the greater of: (i) the sum of the products, for each of the Portfolio Securities, of the applicable Share Multiplier multiplied by the applicable average Market Price of each of the Portfolio Securities for the five Trading Days immediately following the Redemption Notice Date; provided, however, that if the Company Redemption Amount is based upon the foregoing formula, no interest shall accrue on the Notes from and including the immediately preceding Interest Payment Date through the date of redemption; or (ii) $1,000 plus accrued and unpaid interest through but excluding the date of redemption. If the Company redeems the Notes, the Holder is precluded as of the Redemption Notice Date from exercising its exchange right. At any time beginning June 30, 1999 and ending 15 scheduled Trading Days before the Maturity Date, upon written notice to the Calculation Agent and the Trustee (in the form of

Company Redemption Amount shall have the meaning set forth in Section 2(c).