Examples of Deferred Redemption Amount in a sentence
In the study participated 52 people - 34 participants and 18 non-participants.
If any portion of the cash payment for a Quarterly Redemption, an Optional Redemption or a Deferred Redemption, as applicable shall not be paid by the Company by the respective due date, interest shall accrue thereon at the rate of 18% per annum (or the maximum rate permitted by applicable law, whichever is less) until the payment of the Quarterly Redemption Amount, the Optional Redemption Amount or the Deferred Redemption Amount, as applicable, plus all amounts owing thereon is paid in full.
Any principal amount of this Debenture converted during the applicable Deferred Redemption Period in excess of the Deferred Redemption Amount shall be applied against the last principal amount of this Debenture scheduled to be redeemed hereunder, in reverse time order from the Maturity Date.
Any principal amount of this Debenture converted during a Deferred Redemption Period until the date the Deferred Redemption Amount is paid in full shall be applied to the principal amount subject to the Deferred Redemption Amount payable in cash.
In the event that a Deferred Redemption Amount arises as the result of the exercise of the Holder Election by one or both Lenders, Borrowers shall be permitted to add the Deferred Redemption Amount to the outstanding principal balance of the Loan (at which time such amount shall commence to accrue interest hereunder) and shall be required to repay such Deferred Redemption Amount over a period of one year from the date of the Holder Election, in four (4) equal quarterly installments of principal.
Unless otherwise indicated by the Holder in the applicable Notice of Conversion, any principal amount of this Debenture converted during a Deferred Redemption Period until the date the Deferred Redemption Amount is paid in full shall be first applied to the principal amount subject to the Deferred Redemption Amount payable in cash and then to the Deferred Redemption Share Amount.
If any portion of the cash payment for a Monthly Redemption, an Optional Redemption or a Deferred Redemption, as applicable shall not be paid by the Company by the respective due date, interest shall accrue thereon at the rate of 18% per annum (or the maximum rate permitted by applicable law, whichever is less) until the payment of the Monthly Redemption Amount, the Optional Redemption Amount or the Deferred Redemption Amount, as applicable, plus all amounts owing thereon is paid in full.
The Deferred Redemption Amount shall accrue interest and shall continue to be secured by Agent's senior lien on all of the Collateral (or, if the Loan has been repaid, by the granting of a new senior lien on all of the Collateral).