Series B Redemption Premium definition

Series B Redemption Premium shall equal one percent (1%) of the Series B Liquidation Preference.
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Examples of Series B Redemption Premium in a sentence

  • All shares of Series B Preferred Stock to be redeemed shall be redeemed by paying for each such share an amount in cash equal to the Series B Preferred Liquidation Preference and the Series B Redemption Premium.

  • All shares of Series B Preferred Stock to be redeemed shall be redeemed by paying for each such share an amount in cash equal to the Series B Liquidation Preference and the Series B Redemption Premium following the payment in full by the Corporation of all amounts payable to the holders of Series A Preferred Stock pursuant to subsection (i) above.

  • If the General Partner redeems or otherwise purchases any Shares of Series B Preferred Stock, the Partnership shall redeem a corresponding number of Series B Preferred Units, on the date of redemption or other purchase of Shares of Series B Preferred Stock by the General Partner (“Redemption Date”), at a redemption price per Series B Preferred Unit equal to the Series B Liquidation Preference plus the Series B Redemption Premium, and the redemption price shall be payable in cash.

Related to Series B Redemption Premium

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Change of Control Redemption Premium means 125%.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Make-Whole Redemption Amount means the sum of:

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.