Mandatory Redemption Right definition

Mandatory Redemption Right has the meaning set forth in Section 5.2.
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Mandatory Redemption Right. Upon the occurrence of an even set forth in subsections (a) and (b) above, the Company shall, within three (3) days of the date thereof, give written notice of the occurrence of such event to Holder pursuant to the terms of the Assignment.
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Examples of Mandatory Redemption Right in a sentence

  • The Holder's right to demand redemption of this Warrant pursuant to this Section 5.2 shall be referred to hereinafter as the Holder's "Mandatory Redemption Right".

  • The Mandatory Redemption Right shall be exercised pursuant to a notice (the "Mandatory Redemption Notice") delivered by the Partnership to the Preferred Unitholders whose Preferred Units are being redeemed.

  • The Mandatory Redemption Right shall be exercised pursuant to a notice (the "Mandatory Redemption Notice") delivered by the Partnership to the holders of Class D OP Units whose Class D OP Units are being redeemed.

  • On or before 11 p.m. ET on the Trading Day immediately prior to the Mandatory Redemption Date, the Holder shall notify the Company of whether it elects to exercise the Mandatory Redemption Right as to such Mandatory Redemption Financing and the amount that it elects to have redeemed subject to the Mandatory Redemption Cap (the “Mandatory Redemption Amount”).

  • The University and its administrators are charged with providing helpful and effective resources to Researchers.

  • The Mandatory Redemption Right shall be exercised pursuant to a notice (the "Mandatory Redemption Notice") delivered by the Partnership to the holders of Series D Units whose Series D Units are being redeemed.

  • Except as otherwise provided in the last sentence of this Section 8.7.A, the Partnership shall have the right ("Mandatory Redemption Right"), at any time on or after the third anniversary of the date of this Amendment, to redeem all or any portion of the Preferred Units at a redemption price equal to $25.50 per Preferred Unit; provided, however, that any such redemption shall be effected on a PRO RATA basis among all of the Preferred Unitholders.

  • Nothing herein shall affect the right of the Acquiror to exchange the Class B Shares pursuant to the Mandatory Redemption Right in the event of a Parent Liquidity Transaction.

  • Except as otherwise provided in the last sentence of this Section 8.7.A, the Partnership shall have the right ("Mandatory Redemption Right"), at any time on or after the third anniversary of the date of this Amendment, to redeem all or any portion of the Preferred Units at a redemption price equal to $25.50 per Preferred Unit; provided, however, that any such redemption shall be effected on a pro rata basis among all of the Preferred Unitholders.

  • Except as otherwise provided in the last sentence of this Section 8.7.A, the Partnership shall have the right ("Mandatory Redemption Right"), at any time on or after April 1, 2000, to redeem all or any portion of the Preferred Units at a redemption price equal to $3.34 per Preferred Unit; provided, however, that any such redemption shall be effected on a pro rata --- ---- basis among all of the Preferred Unitholders.

Related to Mandatory Redemption Right

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • 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.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Mandatory Redemption Event has the meaning given to it in Condition 8.7.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Special Mandatory Redemption has the meaning provided in Section 3.02(a).

  • Special Mandatory Redemption Price has the meaning set forth in Section 4.03(a).

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Special Mandatory Redemption Date has the meaning set forth in Section 3.02(b) hereto.

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

  • Redemption Right has the meaning set forth in Section 11.01(a).

  • 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 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.

  • 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).

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

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

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

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

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

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

  • 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.

  • 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;

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

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