Holder Redemption Right definition

Holder Redemption Right shall have the meaning set forth in Section 6(a).
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Holder Redemption Right shall have the meaning set forth in Section 4(a)(i).
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Holder Redemption Right has the meaning set forth in Section 10(b).
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Examples of Holder Redemption Right in a sentence

  • The Holder may exercise its Holder Redemption Right for a calendar month by sending a written notice, the form of which is attached hereto as Annex B (each a “Holder Redemption Notice”), to the Company at any time on the last Trading Day of such calendar month, which Holder Redemption Notice shall specify the principal amount to be redeemed and the amount of accrued and unpaid interest thereon (the “Holder Redemption Amount”).

  • The Holder Redemption Price for each share of Series D Preferred owned by a holder who has exercised its Holder Redemption Right shall be paid to such holder by delivering a check or by wire transfer of immediately available funds to such holder at the address or in accordance with the wire transfer instructions (as applicable) of such holder as set forth in the Holder Redemption Notice.

  • The portion of this Note subject to redemption pursuant to the Holder Redemption Right shall be redeemed by the Company in cash at a price equal to the sum of (i) the Conversion Amount being redeemed and (ii) in the case of an Annual Redemption Right, the Annual Redemption Make Whole Amount, or in the case of the WAP Default Redemption Right or the Listing Default Redemption Right, the Other Make Whole Amount (the “Mandatory Redemption Price”).

  • The shares of SPAC Class A Common Stock (including shares issuable upon the exercise of the OpCo Holder Redemption Right) to be issued in the Transactions shall be listed on Nasdaq, or another national securities exchange mutually agreed to by the Company and SPAC, subject only to official notice of issuance thereof; and SPAC shall be able to satisfy any applicable continued listing requirements, as applicable, of Nasdaq (or such other national securities exchange) immediately following the Closing.

  • On the fourth (4th) anniversary of the Issuance Date (or the next Trading Day thereafter) or at any time within ten (10) days prior to, or at any time after, the consummation of a Change of Control, any holder of Series D Preferred may elect to exercise its Holder Redemption Right by delivering a written notice (a “Holder Redemption Notice”) to the Company of such election.

  • Notwithstanding the foregoing, if the Holder exercises its Holder Redemption Right with respect to a Holder Redemption Amount for any calendar month, then accrued and unpaid interest on such Holder Redemption Amount shall be due on the related Holder Redemption Payment Date and will be paid in accordance with Section 5(a) and will not be subject to Section 2(a) and Section 2(b).

  • The portion of this Note subject to redemption pursuant to the Holder Redemption Right shall be redeemed by the Company in cash at a price equal to the sum of (i) the Conversion Amount being redeemed and (ii) in the case of an Annual Redemption Right, the Annual Redemption Make Whole Amount or in the case of the WAP Redemption Right or the Listing Default Redemption Right, the Other Make Whole Amount (the “Mandatory Redemption Price”).

  • The Holder Redemption Price for each share of Series C Preferred owned by a holder who has exercised its Holder Redemption Right shall be paid to such holder by delivering a check or by wire transfer of immediately available funds to such holder at the address or in accordance with the wire transfer instructions (as applicable) of such holder as set forth in the Holder Redemption Notice.

  • SPAC will use its reasonable best efforts to cause all shares of SPAC Common Stock issuable in accordance with this Agreement, including the Domestication and the Combination Transactions, and the SPAC Class A Common Stock issuable upon the exercise of the OpCo Holder Redemption Right to be approved for listing on Nasdaq, subject to official notice of issuance, at Closing.

  • The Holder Representative, on behalf of the Holders of a majority of the then-outstanding shares of Series B Preferred Stock, may exercise the Holder Redemption Right from time to time, with respect to all or any portion of the Series B Preferred Stock, by delivering to the Company a notice of redemption (the “ Holder Redemption Notice”).


More Definitions of Holder Redemption Right

Holder Redemption Right. (i) a Registration Statement (as defined under either of the Registration Rights Agreements) registering the resale of all of the securities required to be registered pursuant to the Registration Rights Agreements shall not have been declared effective by the SEC on or prior to the 180th calendar day after the Original Issue Date; or
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Holder Redemption Right has the meaning set forth in Section 302.
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Related to Holder Redemption Right

  • Redemption Right has the meaning provided in Section 8.5(a) hereof.

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Early Redemption Notice means an irrevocable notice from the Issuer to Noteholders in accordance with Condition 23 (Notices) (or, in the case of Condition 8(f) (Redemption Following the Occurrence of an Event of Default), from the Trustee to the Issuer) that specifies that the Notes are to be redeemed pursuant to one of Conditions 8(c) (Redemption Following a Collateral Event) to 8(f) (Redemption Following the Occurrence of an Event of Default). An Early Redemption Notice given pursuant to Condition 8 (Redemption and Purchase) must contain a description in reasonable detail of the facts relevant to the determination that the Notes are to be redeemed and, in the case of an Early Redemption Notice given by the Issuer, must specify the anticipated Early Redemption Date and which of Conditions 8(c) (Redemption Following aCollateral Event) to 8(f) (Redemption Following the Occurrence of an Event of Default), as the case may be, are applicable. A copy of any Early Redemption Notice shall also be sent by the Issuer, or the Trustee, as the case may be, to all Transaction Parties, save that any failure to deliver a copy shall not invalidate the relevant Early Redemption Notice.

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

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

  • 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.

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

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • 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;

  • Make-Whole Redemption Amount means the sum of:

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

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

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

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

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

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

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • 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;

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

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