Forced Redemption Notice definition
Examples of Forced Redemption Notice in a sentence
A Forced Redemption Notice shall be provided in the manner provided in Section 15.01.
In order to exercise its right of Forced Redemption, the Partnership shall deliver a notice (a “Forced Redemption Notice”) in the form attached as Exhibit E to the applicable LTIP Unitholder not less than 10 nor more than 60 days prior to the Conversion Date specified in such Forced Redemption Notice.
A Forced Redemption Notice shall be provided in the manner provided in Section 15.2.
In addition to any information required by applicable law, such Series A Forced Redemption Notice shall state: (1) the Series A Redemption Date; (2) the Series A Forced Redemption Price; (3) the wire instructions of the Series A Preferred Unitholder; and (4) the aggregate amount of Series A Preferred Units to be redeemed.
A Forced Redemption Notice shall be provided in the manner provided in Section 15.1.
Each Notice of Voluntary Conversion shall specify the number of shares of Preferred Stock a Holder elects to be converted and, in the case of a Listing Event or a Forced Redemption Notice, the date on which such conversion is to be effected, which date may not be prior to the date the applicable Notice of Voluntary Conversion is delivered to the Corporation or its agent appointed to administer conversion of the Preferred Stock (such date, the "Voluntary Conversion Date").
Notwithstanding the giving of any Forced Redemption Notice, the Holder shall have the right to convert the principal and accrued and unpaid interest on this Note pursuant to Section 4 at any time on or prior to 5:00 p.m., New York time, on the Forced Redemption Date.
In the event that the Majority Holders elect to require the Company to redeem the Company Notes pursuant to this Section 3(c), the Majority Holders shall deliver written notice thereof to the Company and the other holders of the Company Notes (the "Forced Redemption Notice") specifying the date on which such redemption shall occur (the "Forced Redemption Date") which date shall not be less than ten (10) days after the date of such Forced Redemption Notice.
If no Voluntary Conversion Date is specified in a Notice of Voluntary Conversion, in the case of a Listing Event or a Forced Redemption Notice, the Voluntary Conversion Date shall be the date that such Notice of Voluntary Conversion to the Corporation is deemed delivered hereunder.
In order to exercise its right of Forced Redemption, the Partnership shall deliver a notice (a “Forced Redemption Notice”) in the form attached as Exhibit E to the applicable LTIP Unitholder not less than ten (10) nor more than sixty (60) days prior to the Conversion Date specified in such Forced Redemption Notice.