Examples of Redeeming Holders in a sentence
The Rights Offering Proceeds shall be used to redeem the Reorganized OpCo Common Stock from Redeeming Holders on a Pro Rata basis.
If the Tropicana AC Transfer has not occurred within thirty days following the Effective Date, then as soon as practicable thereafter, the Securities Voting Agent shall cause the distribution of the Redemption Shares to the Redeeming Holders and shall return the Rights Offering Proceeds to the Rights Offering Participants, without interest.
The Rights Offering Proceeds shall be used to redeem shares of Reorganized OpCo Common Stock from the Redeeming Holders, and excess Rights Offering Proceeds, if any, shall be transferred to Reorganized OpCo Corporation and used for general corporate purposes.
At the Company’s request, the Buyer shall purchase from holders of public shares of the Company (“Redeeming Holders”) who have exercised their right of redemption pursuant to the Company’s organizational documents, all of the ordinary shares of the Company held by the Redeeming Holders at a price to be negotiated between the Buyer and the Redeeming Holders which price shall not be less than the Redemption Price.
Payment to the Redeeming Holders shall be made by wire transfer of the purchase price in accordance with instructions from the Redeeming Holders.
Unless the General Partner, in its sole and absolute discretion, shall exercise its right to assume directly and satisfy the Redemption Right, the General Partner shall not have any obligation to the Redeeming Holder or to the Operating Partnership with respect to the Redeeming Holder's exercise of the Redemption Right.
The FMV Agent may resign from its capacity as such at any time upon delivery of ten (10) business day’s written notice to the Corporation and the Redeeming Holders.
On the Effective Date, and provided aggregate subscriptions in an amount of at least $100 million are received, the Rights Offering Holding Period shall commence, and the Transfer Agent shall withhold the Redemption Shares from any distributions to Redeeming Holders, and the Securities Voting Agent shall hold any Rights Offering Proceeds for the duration of the Rights Offering Holding Period.
The aggregate Redemption Price shall be payable in cash in immediately available funds to the Redeeming Holders on the Redemption Date.
Subject to these Sections, on any Redemption Date, each holder of Preferred Shares that are eligible to be redeemed shall have the right to have its eligible Preferred Shares redeemed together with the eligible Preferred Shares held by the Initiating Redeeming Holders.