Prepayment Right Date definition

Prepayment Right Date means sixty (60) days following such date as Conversion Shares and the Warrant Shares, may be offered or sold pursuant to an effective Registration Statement or in a transaction not subject to the registration requirements of the Securities Act and in accordance with applicable State securities laws as evidenced by a legal opinion of counsel to the Company to such effect the substance of which shall be reasonably acceptable to the Investor.
Prepayment Right Date means thirty (30) days following the earlier of such date as Conversion Shares may be (i) offered or sold pursuant to an effective Registration Statement, or (ii) may be immediately resold under Rule 144 by Persons other than the Company’s Affiliates or holders of Conversion Shares that have been the Company’s Affiliates at a time during the immediately preceding three months without restriction on the number of shares to be sold or manner of sale.
Prepayment Right Date the earlier of (i) such date as the Conversion Shares, may be offered or sold pursuant to an effective Registration Statement, or (ii) may be immediately resold under Rule 144 without restriction on the number of shares to be sold or manner of sale.

Examples of Prepayment Right Date in a sentence

  • The Maker may repay all, but not less than all, of the then Outstanding Principal Amount at a repayment price equal to the Prepayment Amount on any date following the Prepayment Right Date; provided that the Maker shall have given no less than ten (10) day’s written notice to the Holder of such intended prepayment (the “Prepayment Notice”).


More Definitions of Prepayment Right Date

Prepayment Right Date in respect of any Note, means the date of the issuance of such Note.

Related to Prepayment Right Date

  • Prepayment Date has the meaning specified in Section 2.05(c).

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Mandatory Prepayment Event means any of the following:

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.