Examples of Outside Redemption Date in a sentence
If the Company receives timely Elections to Redeem from Common Stockholders for equal to or less than the Maximum Redemption Amount on or before the Outside Redemption Date, the Common Stock shall be redeemed at the Current Rate on or before January 29, 2021; provided that such electing stockholders perform as required herein.
The receipt of a signed original of this Notice, on or before the Outside Redemption Date of December 31, 2020, shall be deemed an election to redeem all of the Common Stock of the signing Common Stockholder (the "Election to Redeem").
In the event the Company receives Elections to Redeem from Common Stockholders for more than the Maximum Redemption Amount on or before the Outside Redemption Date (subject to the Board's option to increase the Maximum Redemption Amount as provided above), the Common Stock shall be redeemed on a "first come, first served" basis up to the amount of the Maximum Redemption Amount subject to the following Subsection (f).
Notice having been mailed as set forth herein, from and after the Outside Redemption Date (unless default shall be made by the Company in providing money for the payment of the redemption price of the shares at the Current Rate called for redemption (the "Redemption Price")), and all rights of the holders thereof as Common Stockholders of the Company (except the right to receive the Redemption Price from the Company) shall cease.
If you wish to elect to redeem all of your shares of Common Stock, you will need to sign this Notice where indicated below and return the original signed letter to the Company at the address below no later than December 31, 2020 (the "Outside Redemption Date").
No Redemption Price (as defined below) shall be payable if the Election to Redeem is received after the Outside Redemption Date.
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.