Examples of First Redemption Date in a sentence
However, employees on layoff status may continue their health insurance to the extent permitted by Federal law at the employee's expense, provided the employees pay the premium for such insurance in advance, and, provided continued coverage is permitted by the insurance carrier.
One-half of the number of shares of Series D Preferred, Series E Preferred, Series F Preferred and Series G Preferred outstanding on the date of the first scheduled redemption (the "First Redemption Date") shall be redeemed on such date and on the first anniversary thereof (the First Redemption Date and the first anniversary thereof being referred to herein as a "Redemption Date") to the extent funds are legally available therefor.
Shareholders whose Shares were not redeemed on the First Redemption Date shall be redeemed on the Second Redemption Date.
Shareholders who have not made an election to retain their Existing Issued Shares will have their Shares redeemed on the First Redemption Date.
The First Redemption Date, the Second Redemption Date and the Third Redemption Date are collectively referred to as the "Redemption Dates." 6B.