Holder Optional Redemption Amount definition

Holder Optional Redemption Amount means the sum of (i) 100% of the principal amount of this Debenture then outstanding, (ii) accrued but unpaid interest thereon and (iii) all liquidated damages and other amounts due in respect of this Debenture.
Holder Optional Redemption Amount means the sum of (a) 100% of the then-outstanding principal amount of the Debentures, (b) accrued but unpaid interest in respect of the Debentures and (c) all liquidated damages and other amounts due, if any, in respect of the Debentures.
Holder Optional Redemption Amount means, with respect to a Holder Optional Redemption pursuant to Section 7(e) and (f) herein, the sum of: (a) (i) 105% of the principal amount of this Note that is subject to such Holder Optional Redemption, if the applicable Holder Optional Redemption Date for such Holder Optional Redemption occurs on or prior to the date that is the 120th calendar day immediately following the Original Issue Date, (ii) 108% of the principal amount of this Note that is subject to such Holder Optional Redemption, if the applicable Holder Optional Redemption Date for such Holder Optional Redemption occurs on or after the date that is the 121st calendar day immediately following the Original Issue Date and prior to the date that is the 151st calendar day immediately following the Original Issue Date, (iii) 112% of the principal amount of this Note that is subject to such Holder Optional Redemption, if the applicable Holder Optional Redemption Date for such Holder Optional Redemption occurs on or after the date that is the 151st calendar day immediately following the Original Issue Date and prior to the date that is the 181st calendar day immediately following the Original Issue Date, or (iv) 116% of the principal amount of this Note that is subject to such Holder Optional Redemption, if the applicable Holder Optional Redemption Date for such Holder Optional Redemption occurs on or after the date that is the 181st calendar day immediately following the Original Issue Date, (b) 100% of the accrued and unpaid interest on the principal amount of this Note that is subject to such Holder Optional Redemption and all Late Fees (if any) due hereunder with respect thereto, (c) 100% of the Make-Whole Amount payable in respect of the principal amount of this Note that is subject to such Holder Optional Redemption (as applicable), and (d) all liquidated damages, costs of collection and other amounts payable in respect of this Note as of the applicable Holder Optional Redemption Date for such Holder Optional Redemption.

Examples of Holder Optional Redemption Amount in a sentence

  • The portion of this Note subject to redemption pursuant to this Section 8 shall be redeemed by the Company in cash on the applicable Holder Optional Redemption Date at a price equal to the Holder Optional Redemption Amount being redeemed (the "Holder Optional Redemption Price" and, collectively with the Event of Default Redemption Price and the Change of Control Redemption Price, the "Redemption Prices" and, each a "Redemption Price").

  • The portion of this Note subject to redemption pursuant to this Section 13 shall be redeemed by the Company in cash at a price equal to 100% of the applicable Holder Optional Redemption Amount (each, a “Holder Optional Redemption Price”).

  • At any time prior to the date the Holder Optional Redemption Price is paid, in full, the Holder Optional Redemption Amount may be converted, in whole or in part, by the Holder into shares of Common Stock pursuant to Section 4.4(4).

  • For the second part of my sabbatical, I plan to enroll in a 4-unit Spanish class at MiraCosta College.

  • Notwithstanding anything to the contrary in this Section 8, but subject to Section 3(d), until the Holder receives the Holder Optional Redemption Price, the Holder Optional Redemption Amount may be converted, in whole or in part, by the Holder into Common Stock pursuant to Section 3, and any such conversion shall reduce the Holder Optional Redemption Amount in the manner set forth by the Holder in the applicable Conversion Notice.


More Definitions of Holder Optional Redemption Amount

Holder Optional Redemption Amount means the Conversion Amount of this Note outstanding as of any applicable date of determination following December 27, 2023. TYDE’s failure to deliver the applicable Holder Optional Redemption Price pursuant to the terms of this Section 4(f) shall be deemed an “Event of Default” under the Note.
Holder Optional Redemption Amount means the sum of (i) the amount by which (x) exceeds (y), where (x) is equal to the Required Capital Amount (as defined in the SPA) as of the Issue Date, and (y) is equal to such lesser amount of capital which the Director permits Issuer to hold as of the applicable redemption date; provided that the amount calculated pursuant to this clause (i) shall not in any case exceed the aggregate principal amount of notes then outstanding and (ii) all accrued and unpaid interest on the notes subject to redemption. Mandatory Redemption by Issuer Subject to the prior approval of the Director pursuant to Section 44-221 of Chapter 44 of the Nebraska Revised Statutes, Issuer shall be required to redeem all of the notes then outstanding at a redemption price equal to the aggregate principal amount then outstanding, plus any accrued but unpaid interest thereon, in the event Issuer (i) is no longer domiciled in Nebraska or (ii) receives approval from the Director permitting Issuer to hold an amount of capital that is equal to the Specified Capital Amount (as defined for purposes of Section [5.15(b)/6.1(c)]5 of the SPA), or any lesser capital amount (each, a “Mandatory Redemption Event”). Upon the occurrence of a Mandatory Redemption Event, the notes will immediately mature in full and all unpaid amounts of principal and accrued interest will become immediately due and payable without any action on the part of any holder of the notes. Subordination The notes will rank pari passu with each other and with any existing or future surplus notes or similar obligations of Issuer. The notes will be expressly subordinate in right of payment to policy claims and other creditor claims of Issuer, including all existing or future permitted indebtedness issued, incurred or guaranteed by Issuer, other than any future surplus notes or similar obligations of Issuer. The notes will be unsecured obligations of Issuer. Legal Status of Notes; Restrictions on Payment Pursuant to Section 44-221 of Chapter 44 of the Nebraska Revised Statutes, each payment of interest on or principal of the notes may be made only with the prior approval of the Director and only out of surplus funds which the Director determines to be available for such payments under Section 44-221. If these conditions to payment are not met, the applicable scheduled payment or scheduled maturity date of such interest or principal will be extended until such time, if any, at which such conditions are met. Interest will continue to ...
Holder Optional Redemption Amount means the aggregate gross proceeds received by the Company in connection with any Milestone Payment or the settlement of the Patent Litigation, as applicable.
Holder Optional Redemption Amount shall have the meaning set forth in Section 6(b).

Related to Holder Optional Redemption Amount

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • 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;

  • Optional Redemption Price means $25,000 per share 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 plus any applicable redemption premium attributable to the designation of a Premium Call Period.

  • 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.

  • 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;

  • 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;

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Make-Whole Redemption Amount means the sum of:

  • 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 Date shall have the meaning set forth in Section 6(a).

  • 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;

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

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

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

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

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

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

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;