Examples of Outside Redemption Date in a sentence
As promptly as practicable and in any event by not later than the Outside Redemption Date, the Borrower shall redeem the Debentures and terminate and cancel the Indenture.
Provided that no Event of Default exists as of the Initial Outside Redemption Date, the Common Member shall have the right, at its option, to extend the Outside Redemption Date to June 1, 2015 (the “Extended Outside Redemption Date”) by giving notice of the exercise of such option to the Preferred Member at least ten (10) Business Days prior to the Initial Outside Redemption Date.
No such audit shall be requested (and performed) more than once in any 12-month period unless the Outside Redemption Date shall have occurred, in which event (i) Preferred Member may request that an audit of the Company’s or any Subsidiary’s books be conducted at any time and from time to time during any 12-month period and (ii) any such audit so requested by Preferred Member shall be performed at the expense of the Company.
At any time on or after the Outside Redemption Date, in addition to all rights and remedies hereunder or at law or in equity, the Preferred Member shall have the exclusive right on behalf of the Company, and without the consent of the Managing Member, to enforce, through the Company and its Subsidiaries, the rights and remedies of the owner of the Property under the Property Management Agreement.
Notwithstanding the foregoing, or any provision of this Agreement to the contrary, the RFR Members agree that, following the Outside Redemption Date, and subject to the terms of the Senior Loan Documents, Preferred Member may in its sole discretion select (and cause the Company and its Subsidiaries to engage) a replacement accounting firm for the Company and its Subsidiaries, provided that Xxxxxx LLP shall prepare the Company’s tax returns for the fiscal year in which such replacement is made.