Redemption Rights definition

Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

Redemption Rights shall have the meaning set forth in Section 2.

Redemption Rights means the rights granted under the Supertel Limited Partnership Agreement to the limited partners to redeem, under certain circumstances, their limited partnership interests for shares of Common Stock (or cash at the option of the Corporation).

Examples of Redemption Rights in a sentence

• In connection with the exercise of a Redeeming Member’s Redemption Rights under Section 11.01(a), the Corporation shall contribute to the Company the consideration the Redeeming Member is entitled to receive under Section 11.01(b).

• All Shares which may be issued upon exercise of the Redemption Rights shall be duly and validly issued and fully paid and non-assessable.

• In connection with the exercise of a Redeeming Member’s Redemption Rights under Section 10.01(a), Pubco shall contribute to the Company the consideration the Redeeming Member is entitled to receive under Section 10.01(b).

• Notwithstanding any provision in this Agreement to the contrary, the Sponsor’s obligation to transfer the Assigned Securities to Investor shall be conditioned on (i) the satisfaction of the conditions set forth in Section 1.2 and (ii) Investor not exercising its Redemption Rights with respect to such Investor Shares in connection with the Meeting.

• The representations, warranties and covenants contained herein or made pursuant hereto shall survive the execution and delivery of this Agreement and the closing of any redemption or purchase and sale pursuant to an exercise of Redemption Rights hereunder.

More Definitions of Redemption Rights

Redemption Rights means the rights of stockholders to elect to redeem all or a portion of the public shares into a pro rata portion of the cash held in the Trust Account.

Redemption Rights means the redemption rights provided for in Articles 8 and 49 of the Acquiror Articles of Association.

Redemption Rights means the redemption rights provided for in Section 9.2 of Article IX in the Charter. “SEC” means the United States Securities and Exchange Commission.

Redemption Rights means the redemption rights provided for in Section 9.2 of Article IX of the Pensare Certificate of Incorporation.

Redemption Rights means the rights granted under the Hersha Hospitality Partnership Agreement to the limited partners to redeem, under certain circumstances, their Partnership Units for cash (or, at the option of the Trust, Common Shares).

Redemption Rights means the offer by ENPC to redeem for cash all or a portion of the ENPC Class A common stock held by a holder of ENPC Class A common stock.

Redemption Rights means the redemption rights provided for in Section 9.2 of the Parent Certificate of Incorporation.