Examples of Corporation Optional Redemption Notice in a sentence
Any Corporation Optional Redemption Notice under this Section 9(a) shall be given to the holders of record of the shares of Series A Convertible Preferred Stock at their addresses appearing on the records of the Corporation; provided, however, that any failure or defect in the giving of such notice to any such holder shall not affect the validity of notice to or the redemption of shares of Series A Convertible Preferred Stock of any other holder.
Any Corporation Optional Redemption Notice under this Section 9(a) shall be given to the holders of record of the shares of Series B Convertible Preferred Stock at their addresses appearing on the records of the Corporation; provided, however, that any failure or defect in the giving of such notice to any such holder shall not affect the validity of notice to or the redemption of shares of Series B Convertible Preferred Stock of any other holder.
Any Corporation Optional Redemption Notice under this Section 9(a) shall be given to the holders of record of the shares of Series D Convertible Preferred Stock at their addresses appearing on the records of the Corporation; provided, however, that any failure or defect in the giving of such notice to any such holder shall not affect the validity of notice to or the redemption of shares of Series D Convertible Preferred Stock of any other holder.
Each Corporation Optional Redemption Notice shall be irrevocable.
All conversion amounts converted by the Holder after the Corporation Optional Redemption Notice Date shall reduce the Corporation Optional Redemption Amount required to be redeemed on the Corporation Optional Redemption Date.
Following receipt of a properly completed Holder Optional Redemption Notice or delivery of a properly completed Corporation Optional Redemption Notice, the Corporation shall send written notice (the “ Redemption Notice”) to each holder of record of Series A Preferred Stock not less than 15 days prior to each Redemption Date.
In the event of a Corporation Optional Redemption, the Corporation shall effect such redemption by paying the entire Redemption Price on or before the date that is 30 days after the valid delivery of a properly completed Corporation Optional Redemption Notice and by redeeming all of the shares of Series A Preferred Stock on such date.
Any Corporation Optional Redemption Notice under this Section 9(a) shall be given to the holders of record of the shares of Series B Convertible Preferred Stock at their addresses appearing on the records of the Corporation; PROVIDED, HOWEVER, that any failure or defect in the giving of such notice to any such holder shall not affect the validity of notice to or the redemption of shares of Series B Convertible Preferred Stock of any other holder.
Any Corporation Optional Redemption Notice under this Section 9(a) shall be given to the holders of record of the shares of Series F Convertible Preferred Stock at their addresses appearing on the records of the Corporation; provided, however, that any failure or defect in the giving of such notice to any such holder shall not affect the validity of notice to or the redemption of shares of Series F Convertible Preferred Stock of any other holder.
The Corporation covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Corporation Optional Redemption Notice through the date the Corporation Optional Redemption Amount is paid in full.