Mandatory Redemption Notice definition

Mandatory Redemption Notice has the meaning assigned to it in Section 6(a)(v) hereof.

Mandatory Redemption Notice shall have the meaning set forth in Section 7(c).

Mandatory Redemption Notice has the meaning assigned to such term in Section 4.2(b)(ii).

Examples of Mandatory Redemption Notice in a sentence

• The Company shall deliver notice to the Holder of the Subsequent Financing at least five (5) Trading Days prior to the closing of the Subsequent Financing (“Pre-Notice”), which Pre-Notice shall ask such Purchaser if it wants to review the details of such financing (such additional notice, a “Mandatory Redemption Notice” and the date such Mandatory Redemption Notice is deemed delivered hereunder, the “Mandatory Redemption Notice Date”).

• If the Holder exercises its right herein to require a Mandatory Redemption by delivering written notice to the Company within five (5) Trading Days of the Mandatory Redemption Notice Date (“Mandatory Redemption Exercise Notice”), the Company shall effect the Mandatory Redemption and pay the Mandatory Redemption Amount to the Holder on or prior to the fifth (5th) Trading Day following the consummation of the Subsequent Financing (“Mandatory Redemption Date”).

• Notwithstanding anything to the contrary in this Section 6, in addition to, and without limiting any other rights hereunder and under the other Transaction Documents, the Holder may elect, by written notice to the Company at any time following the Mandatory Redemption Notice Date through the date of actual payment in full in cash of the Mandatory Redemption Amount, to rescind such Mandatory Redemption.

• If the Holder exercises its right herein to require a Mandatory Redemption by delivering written notice to the Company within five (5) Trading Days of the Mandatory Redemption Notice Date (“Mandatory Redemption Exercise Notice”), the Company shall effect the Mandatory Redemption and pay the Mandatory Redemption Amount to the Holder on or prior to the second (2nd) Trading Day following the consummation of the Subsequent Financing (“Mandatory Redemption Date”).

• Each Mandatory Redemption Notice shall be delivered no later than the first (1st) Business Day following the announcement of the pricing of the applicable Subsequent Offering, and the Company shall make a public announcement containing the information set forth in the applicable Mandatory Redemption Notice on or before the related Mandatory Redemption Notice Date to the extent that the notice contains any, or constitutes, material, non-public information.

More Definitions of Mandatory Redemption Notice

Mandatory Redemption Notice means a Mandatory Redemption Notice substantially in the form set forth in Section 14(b).

Mandatory Redemption Notice has the meaning assigned to such term in Section 4.9(b).

Mandatory Redemption Notice has the meaning set forth in Section 6.17(b) of this Agreement.

Mandatory Redemption Notice has the meaning provided in Section 2.05.

Mandatory Redemption Notice has the meaning set forth in Section A.6.a.ii of Article Fifth.

Mandatory Redemption Notice means a Mandatory Redemption Notice substantially in the form attached to the Subscription Agreements as Annex H.

Mandatory Redemption Notice has the meaning specified in Section 3.02.