Examples of Redemption Start Date in a sentence
Subject to the limitations set forth in this Section 4, beginning on the Redemption Start Date, Borrower shall have the right to redeem any Redemption Amount, up to the Borrower Redemption Limit, by providing Lender with a notice substantially in the form attached hereto as Exhibit B (each, a “Borrower Redemption Notice”).
At the end of each month following the Redemption Start Date, if Borrower has not reduced the Outstanding Balance by at least the Maximum Monthly Redemption Amount, then by the fifth (5th) day of the following month, Borrower must pay in cash to Lender the difference between the Maximum Monthly Redemption Amount and the amount actually redeemed in such month or the Outstanding Balance will automatically increase by one percent (1%) as of such fifth (5th) day.
The other Party shall be entitled to request, and the Metering Owner shall provide: reasonable technical information relating to the Metering; a copy of the planned maintenance schedules relating to the Metering; and the results of any testing of the Metering.
DES-SW has similar difficulty as RANS-KEC, but not to the same extent, and both are arguably still attached for a portion of the backshell on the windward side.
Lender agrees to redeem at least the Minimum Redemption Amount in each thirty-day period following the Redemption Start Date.
Lender also agrees not to redeem more than the Minimum Redemption Amount in any thirty-day period following the Redemption Start Date in which the Redemption Conversion Price is less than the Conversion Floor Price.
At the end of each month following the Redemption Start Date, if Borrower has not reduced the Outstanding Balance by at least the Maximum Monthly Redemption Amount, then by the fifth (5th) day of the following month, Borrower must pay in cash the difference between the Maximum Monthly Redemption Amount and the amount actually redeemed in such month or the Outstanding Balance will automatically increase by one percent (1%).
Subject to the provisions of Section 7(b) hereof, beginning on the two hundred and seventieth (270) day after the Closing Date (the “Mandatory Redemption Start Date”) and continuing every thirtieth (30) day thereafter throughout the remainder of the Term (each, a “Mandatory Redemption Date”), the Corporation shall be required to offer to redeem 1/12 of the Preferred Shares outstanding as of the Mandatory Redemption Start Date.
If any Investor, whether through sale, transfer, redemption or other transaction, no longer holds all shares of Preferred Stock originally purchased by such Investor prior to the Redemption Start Date, then such Investor shall have no further rights to receive or use such store credit.
The foregoing right to request redemption of the Series B/B-1 Preferred Shares hereunder, for clarity, may not be exercised if any of the events described in (x)-(z) in this Article 3.5(b)(i) have occurred by the Redemption Start Date.