Examples of Notice of Company Redemption in a sentence
Notwithstanding the foregoing, the Company will not exercise the Company Redemption Right, or otherwise send a Notice of Company Redemption in respect of the redemption of, any Series A Preferred Stock pursuant to this Section 10 unless the Company has sufficient funds legally available to fully pay the Redemption Price in respect of all shares of Series A Preferred Stock called for redemption.
If the Company elects to limit the number of Preferred Shares which it will redeem during the Redemption in Lieu of Conversion Period, the Company shall allocate for redemption from each holder of Preferred Shares a number of Preferred Shares equal to such holder's pro-rata amount (based on the number of Preferred Shares held by such holder on the date of the Notice of Company Redemption in Lieu of Conversion relative to the total number of Preferred Shares outstanding on such date).
The Company shall deliver to Holders owning outstanding Preferred Shares to be redeemed by the Company by wire transfer of immediately available funds an amount in cash equal to the Stated Value of the Preferred Shares being redeemed no later than five (5) days after providing the Notice of Company Redemption.
The Company shall deliver or cause to be delivered to each Holder that has complied with the instructions set forth in such Notice of Company Redemption, cash by wire transfer in an amount equal to the Redemption Price of the shares of Series A Preferred Stock in respect of which such Holder has complied with such instructions in accordance herewith.
Any Preferred Shares submitted for conversion after the termination of the Redemption in Lieu of Conversion Period or the number of which is in excess of the maximum number of Preferred Shares designated in the Notice of Company Redemption in Lieu of Conversion shall be converted in accordance with Section 2.
Notwithstanding the foregoing, the Company will not exercise the Company Redemption Right, or otherwise send a Notice of Company Redemption in respect of the redemption of, any Series B Preferred Stock pursuant to this Section 10 unless the Company has sufficient funds legally available to fully pay the Redemption Price in respect of all shares of Series B Preferred Stock called for redemption.
Such Preferred Shares shall be redeemed by providing written notice via facsimile and overnight courier to the Holders (the "Notice of Company Redemption") on or prior to the Company Optional Redemption Deadline and shall be redeemed at a redemption price equal to the Stated Value of the Preferred Shares.
And AMERICAN ENTERPRISE LIFE INSURANCE COMPANY The following Accounts of American Enterprise Life Insurance Company are permitted in accordance with the provisions of this Agreement to invest in Portfolios of the Fund shown in Schedule 2: American Enterprise Variable Annuity Account Schedule 2 PARTICIPATION AGREEMENT By and Among THE XXXXXX MANAGED BLUE CHIP TRUST And XXXXXX INVESTORS' SERVICE, INC.
The Company's Notice of Company Redemption in Lieu of Conversion shall be effective for the period of the applicable Calendar Quarter (the "REDEMPTION IN LIEU OF CONVERSION PERIOD").
The ----------------------------------------------------- Company shall exercise its right to redeem by delivering written notice by facsimile and overnight courier ("Notice of Company Redemption in Lieu of Conversion") to (i) each holder of the Preferred Shares and (ii) the Transfer Agent.