Redemption Rights definition

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

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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).

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

Examples of Redemption Rights in a sentence

• SPAC shall have a minimum amount of cash available at Closing of not less than $75,000,000, after deducting SPAC Transaction Expenses up to the Expense Cap and accounting for all redemptions of SPAC Shares pursuant to Redemption Rights (the “Minimum SPAC Cash Amount”).

• Other than with respect to the Redemption Rights or as expressly set forth in this Agreement, there are no outstanding obligations of SPAC to repurchase, redeem or otherwise acquire any securities of SPAC (including SPAC Securities) or to provide funds to make any investment (in the form of a loan, capital contribution or otherwise) in any Person.

• SPAC shall have provided the public holders of SPAC Class A Ordinary Shares (prior to giving effect to any conversion of SPAC Class B Ordinary Shares into SPAC Class A Ordinary Shares) with the opportunity to make redemption elections with respect to their SPAC Class A Ordinary Shares pursuant to Redemption Rights.

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 right of an eligible (as determined in accordance with the SPAC Charter) holder of SPAC Class A Ordinary Shares to redeem all or a portion of its SPAC Class A Ordinary Shares (in connection with the Transactions or otherwise) as set forth in the SPAC Charter.

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 rights of redemption provided for in Section 36 of the SPAC Articles.

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 shall have the meaning set forth in Section 10.3(a) hereof.