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”).

  • CUSIP Original Issue Date: Stated Maturity: Interest Rate: Interest Payment Date (s): Regular Redemption Regular Record Date (s): / / Yes / / No Initial Redemption Date: Premium Reduction Amount: Initial Redemption Price: Make-Whole Premium Redemption / / Yes / / No XXXXXXXXX’X, INC.

  • 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.

  • 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.

  • 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 will pay the Initial Redemption Price to the Members holding Class A Preferred Unit in four (4) annual installments, with the first payment on or before January 31 of the calendar year following the date of the notice and continuing on January 31 of each subsequent calendar year until paid in full; provided, however, that such payments may be accelerated by the Managers in their discretion.

  • 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").

  • Promptly following the closing of the Financing, the Company shall utilize a portion of the net proceeds thereof equal to the Aggregate Initial Redemption Price to redeem, on a pro-rata basis, that number of whole shares of Series C Preferred Stock as may be redeemed with such net proceeds at the Increased Redemption Price.

  • 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.


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 (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • 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.

  • 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, 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;

  • 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 set out in Section 5.2(a).

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