Examples of Provisional Redemption Price in a sentence
No fractional shares of Common Stock shall be issued in connection with the payment of the Provisional Redemption Price.
The Company covenants and agrees that it will pay or cause to be paid the principal (including the Fundamental Change Repurchase Price, Specified Repurchase Date Price, Change of Control Repurchase Price, Provisional Redemption Price and Change of Control Redemption Price, if applicable) of, and accrued and unpaid interest (whether Cash Interest or PIK Interest) on, each of the Notes at the places, at the respective times and in the manner provided herein and in the Notes.
The Transfer Agent is hereby authorized to aggregate any fractional shares of Common Stock that would otherwise be distributed in connection with the payment of the Provisional Redemption Price, and to sell them at the best available price and distribute the proceeds to the Holders thereof in proportion to their respective interests.
The Provisional Redemption Price shall be, at the option of the Company, payable (v) in cash, (w) through the delivery of a number of shares of Common Stock equal to the Provisional Redemption Price divided by the Provisional Redemption Value (as defined below) of the Common Stock or (x) any combination of (v) and (w).
If a Provisional Redemption Date is an Interest Payment Date, the semiannual interest on the Notes payable on such Interest Payment Date will be payable to the Holder of record as of the relevant Regular Record Date, and the Provisional Redemption Price will not include such interest payment.
Notwithstanding anything to the contrary contained in this Article 3, the obligation of the Company to pay the Provisional Redemption Price of such Notes shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers.
The Company shall have the right, at the Company’s option, at any time, and from time to time, on a Redemption Date before March 15, 2013, to redeem all or any part of the Securities at a price payable in cash equal to the Provisional Redemption Price plus (subject to Section 3.01(G)) accrued and unpaid interest, if any, to, but excluding, the Redemption Date.
Notice of redemption having been given as provided in Section 3.04 hereof, the Notes so to be redeemed shall, on the applicable Provisional Redemption Date, become due and payable at the Provisional Redemption Price therein specified and from and after such date (unless the Company shall default in the payment of the Provisional Redemption Price) such Notes shall cease to bear interest.
Upon any such redemption, the Issuer shall pay the Tax Redemption Price or the Provisional Redemption Price, as applicable, as set forth in the Indenture.
Principal amount, Provisional Redemption Price, Change in Control Repurchase Price, and interest shall be considered paid on the applicable date due if at 11:00 a.m., New York time on such date (or, in the case of a Change in Control Repurchase Price, on the Business Day following the applicable Change in Control Repurchase Date).