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.
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.
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:

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 Dates as set forth in the applicable Conversion Notice.

  • The Company Conversion Amount (whether set forth in the Company Installment Notice or by operation of this Section 8) shall be converted in accordance with Section 8(b) and the Company Redemption Amount shall be redeemed in accordance with Section 8(c).

  • 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.

  • Notwithstanding anything to the contrary in this Section 8(c), but subject to Section 3(d), until the Company Installment Redemption Price (together with any interest thereon) is paid in full, the Company Redemption Amount (together with any interest thereon) may be converted, in whole or in part, by the Holder into Common Stock pursuant to Section 3.

  • 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(b) and the applicable Company Redemption Amount shall be redeemed in accordance with Section 8(c).

  • Notwithstanding anything to the contrary in this Section 8(c), but subject to Section 3(d), until the Company Installment Redemption Price (together with any Late Charges thereon) is paid in full, the Company Redemption Amount (together with any Late Charges thereon) may be converted, in whole or in part, by the Holder into Common Stock pursuant to Section 3.

  • The Company shall redeem the applicable Company Redemption Amount of this Debenture pursuant to this Section 5 together with the corresponding Company Redemption Amounts of the Other Debentures pursuant to the corresponding provisions of the Other Debentures.

  • 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).

  • 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(c) and the applicable Company Redemption Amount shall be redeemed in accordance with Section 8(d).


More Definitions of Company Redemption Amount

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 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 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 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 has the meaning specified in the Recitals.
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.

Related to Company Redemption Amount

  • 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.

  • 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;

  • 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.

  • 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;

  • 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;

  • 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.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

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

  • Make-Whole Redemption Amount means the sum of:

  • Optional Redemption Amount (Call) 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;

  • Early Redemption Amount (Tax) 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;

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

  • 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;

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

  • 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.

  • 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.

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

  • 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.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).