Initial Redemption Price definition

Initial Redemption Price has the meaning specified in Section 11.01.
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Initial Redemption Price means in respect to the referenced Series B Preferred Stock the sum of (a) its Liquidation Preference; (b) all accrued and unpaid dividends thereon to, but not including, the Redemption Date; and (c) an amount computed by multiplying 8% of the Liquidation Preference by a fraction, the numerator of which shall be the number of days from, and including, the Redemption Date to, but not including, the earlier of the (i) first anniversary of the date of the First Meeting and (ii) January 1, 2000, and the denominator of which shall be 365.
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Initial Redemption Price. Reduction Percentage: Sinking Fund or Other Retirement Provisions, if any: Repayable at Option of Holder: Yes ___ No ___ Repayment Date: Repayment Price: Election Period: Documents to be Delivered as a Condition to the Closing:
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Examples of Initial Redemption Price in a sentence

  • The Redemption Price shall be initially equal to the Initial Redemption Price set forth on the face hereof on the Initial Redemption Date (plus accrued interest to the Initial Redemption Date), and shall decline (but not below par) on each anniversary of the Initial Redemption Date by the Premium Reduction Amount set forth on the face hereof until the Redemption Price is equal to 100% of such principal amount, plus accrued interest to the date this Global Note is redeemed (the “Redemption Date”).

  • The City agrees to advance funding for Phase 1 3rd party pre-closing expenses in an amount as shown on attached Exhibit 1 for Phase 1 (with similar form to be prepared for Phase 2 at appropriate point in time), in the form of a non-recourse loan to the Developer.

  • The number of shares of Common Stock to be delivered in connection with a Company Redemption Share Election shall equal a number of fully paid and nonassessable shares (rounded to the nearest whole share in accordance with Section 3(a)) of Common Stock equal to the quotient of (x) the applicable portion of the Holder Initial Redemption Price, if any, and (b) the Redemption Conversion Price.

  • Notwithstanding the foregoing, the Company shall not be entitled to pay any of the Holder Initial Redemption Price in shares of Common Stock and shall be required to pay such Holder Initial Redemption Price entirely in cash if the Conditions to Holder Initial Redemption in Shares are not satisfied.

  • Such redemption price shall be the Initial Redemption Price specified above for the twelve-month period commencing on the Initial Redemption Date and shall decline for the twelve-month period commencing on each anniversary of the Initial Redemption Date by a percentage of principal amount equal to the Reduction Percentage specified above until such redemption price is 100% of the principal amount of this Security to be redeemed.

  • This Note shall be redeemed by the Company pursuant to this Section 9(b)(i) at a price equal to the greater of (i) the Conversion Amount and (ii) the Note Valuation Amount (the "COMPANY OPTIONAL REDEMPTION PRICE" and, together with the Event of Default Redemption Price, the Change of Control Redemption Price, the Acquiring Entity Change of Control Redemption Price, the Holder Initial Redemption Price, the Holder Secondary Redemption Price, the "REDEMPTION PRICE").

  • The Company shall deliver the applicable Holder Initial Redemption Price to the Holder within five Business Days after the Company's receipt of the Holder Initial Redemption Notice (the "INITIAL REDEMPTION DATE").

  • Upon receipt of payment in full of the Initial Redemption Price, if any, the Warrant shall be redeemed, cancelled and terminated as to the number of shares of Common Stock redeemed thereby, and the Warrant Holder’s rights under the Warrant shall be reduced by the proportion of the Warrant that has been redeemed, so that the Warrant will remain exercisable for only [ ] shares of Common Stock.

  • The following safety rules shall be posted in the laboratory and shall be observed at all times: 1.

  • The Corporation shall have the obligation to redeem all of the then-outstanding Series A Preferred at the Initial Redemption Price, immediately upon the occurrence of a Sale Event on or prior to June 30, 2002.


More Definitions of Initial Redemption Price

Initial Redemption Price has the meaning specified in the Indenture. 13
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Related to Initial Redemption Price

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

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

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

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

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

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • 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.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • 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.

  • 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;

  • 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 Date shall have the meaning set forth in Section 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.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Mandatory Redemption Price means $25,000 per share of AMPS 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.

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

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

  • 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;

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

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

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

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).