Redemption Option has the meaning specified in Section 5.3-1.
Redemption Option means the option that each holder of Parent Common Stock has to require the Parent to redeem or convert his, her or its ownership of Parent Common Stock prior to the Closing in accordance with the governing documents of Parent.
Redemption Option means, the Issuer, at its sole discretion and election, shall prepay the Note by paying the entire Note Obligations Amount in cash (upon which the Note Obligations Amount shall cease to be outstanding).
Examples of Redemption Option in a sentence
Subject to the Call Option and Redemption Option, Net Capital Proceeds from a Capital Transaction Event shall be allocated and distributed as follows: First, Manager reserves the right to re-invest some or all Net Capital Proceeds towards the purchase of additional Properties, at its sole discretion.
More Definitions of Redemption Option
Redemption Option has the meaning defined in Section 7.1.1 of EXHIBIT C hereof.
Redemption Option has the meaning set forth in Section 10.8(a).
Redemption Option has the meaning set forth in Section 8(e)(ii).
Redemption Option has the meaning set forth in Section 9.2(b) of this Agreement.
Redemption Option shall have the meaning ascribed thereto in Section 5.2(a)(1).
Redemption Option means the date that is the tenth anniversary of the Issue Date or any date thereafter at the option of either party.
Redemption Option has the meaning set forth in the Recitals, as the same may be amended from time to time.