Examples of Redemption Share in a sentence
Unless otherwise indicated by the Holder in the applicable Notice of Conversion, any principal amount of this Debenture converted during the applicable Monthly Redemption Period until the date the Monthly Redemption Amount is paid in full shall be first applied to the principal amount subject to the Monthly Redemption Amount payable in cash and then to the Monthly Redemption Share Amount.
The Corporation covenants and agrees that it will honor all Notices of Conversion tendered up until the Mandatory Redemption Share Amount is paid in full.
Unless otherwise indicated by the Holder in the applicable Notice of Conversion, any principal amount of this Debenture converted during the applicable Monthly Conversion Period until the date the Monthly Redemption Amount is paid in full shall be first applied to the principal amount subject to the Monthly Redemption Amount payable in cash and then to the Monthly Redemption Share Amount.
Upon the Company's receipt of such notice, (x) the applicable Redemption Notice shall be null and void with respect to such Redemption Share Amount, (y) the Company shall immediately return this Warrant, or issue a new Warrant to the Holder representing the portion of this Warrant that was submitted for redemption.
The REIT shall at all times take all such action as may be required to authorize and reserve for issuance all of the Redemption Shares and shall take all such action as may be required to issue and deliver the Redemption Shares to the Acquiror at such time or times and in such manner as may be reasonably required in order for the Acquiror to deliver the Redemption Share to the Contributor, its partners and their permitted transferees, as provided in the Acquiror's Second Amended Partnership Agreement.
Notwithstanding anything to the contrary, no Holder shall be entitled to exercise the Redemption Share Registration Rights or the Exchange Share Registration Rights (as applicable) if all of the Registrable Securities held by such Holder (or issuable upon redemption of the Units held by such Holder) are eligible for immediate sale pursuant to Rule 144(k) (or any successor provision) or in a single transaction pursuant to Rule 144(e) (or any successor provision) under the Securities Act.
Unless otherwise indicated by the Holder in the applicable Notice of Conversion, any Principal Amount of this Debenture converted during the applicable Monthly Conversion Period until the date the Monthly Redemption Amount is paid in full shall be first applied to the Principal Amount subject to the Monthly Redemption Amount payable in cash and then to the Monthly Redemption Share Amount.
Any redemption on a Redemption Date in accordance with this Section 7 shall be deemed satisfied upon payment of the Forced Redemption Price in cash to the Holder by the end of the third Trading Day after the Mandatory Redemption Notice is given (the “CoC Redemption Share Delivery Deadline”).
The Redemption Share Registration Rights and Exchange Share Registration Rights granted pursuant to this Section 2 may not be exercised in connection with any underwritten public offering by the REIT.
Immediately upon the issuance of each Redemption Share, the Company shall issue to TIPIH a Class B Unit.