Share Limitation Redemption Price definition

Share Limitation Redemption Price means the greater of (a) the Premium Price on the applicable Share Limitation Redemption Date and (b) the Converted Market Price on the applicable Share Limitation Redemption Date.
Share Limitation Redemption Price means the Premium Price on the applicable Share Limitation Redemption Date.
Share Limitation Redemption Price means an amount in cash equal to the Premium Price on the applicable Share Limitation Redemption Date.

Examples of Share Limitation Redemption Price in a sentence

  • If the Company is required to redeem this Note or any portion hereof pursuant to this Section 2.4, the Company shall make payment to the Holder of an amount equal to the Share Limitation Redemption Price.

  • On __________________ (fill in Share Limitation Redemption Date), the Company shall pay the Holder the Share Limitation Redemption Price of $_______________.

  • The Share Limitation Redemption Price is equal to the sum of (1) the product obtained by multiplying (A) $_______________________ (fill in amount to be redeemed) of principal TIMES (B) 110% PLUS (2) $_______________ of accrued and unpaid interest on such principal amount to such Share Limitation Redemption Date PLUS (3) $_______________ of accrued and unpaid Default Interest (if any) to such Share Limitation Redemption Date.

  • On (fill in Redemption Date), the Company shall pay the Holder the Share Limitation Redemption Price for redemption of $ principal amount of the Note and the related interest.

  • Notwithstanding the issuance of a Redemption Price Note to any holder of shares of Series C Preferred Stock, the Corporation shall remain liable for payment of all unpaid amounts due to any holder of shares of Series C Preferred Stock which are not included in computing the principal amount of the Redemption Price Note issued to such holder, including, without limitation, any Optional Redemption Price, Redemption Price and Share Limitation Redemption Price.


More Definitions of Share Limitation Redemption Price

Share Limitation Redemption Price means the greater of (i) the sum of (a) the sum of (1) the Conversion Value, (2) an amount equal to the accrued but unpaid dividends on the share of Series A Convertible Preferred Stock to be redeemed pursuant to Section 7(a), and (3) an amount to the accrued and unpaid interest on dividends in arrears on such share of Series A Convertible Preferred Stock through the applicable Share Limitation Redemption Date (as provided in Section 5) plus (b) an amount equal to the product obtained by multiplying (x) ---- the sum stated in the immediately preceding clause (a) times (y) the quotient ----- (expressed as a percentage) obtained by dividing (A) the amount determined by subtracting from 100 percent the Conversion Percentage in effect on the applicable Share Limitation Redemption Date by (B) the Conversion Percentage in -- effect on the applicable Share Limitation Redemption Date and (ii) an amount equal to the product obtained by multiplying (x) the number of shares of Common Stock which would, but for the redemption pursuant to Section 7(a), be issuable on conversion in accordance with Section 10(a) of one share of Series A Convertible Preferred Stock and any accrued and unpaid dividends thereon and any accrued and unpaid interest on dividends thereon in arrears if a Conversion Notice were given by the holder of such share of Series A Convertible Preferred Stock on the applicable Share Limitation Redemption Date (determined without regard to any limitation on conversion contained in Section 10(a)) times (y) the ----- arithmetic average of the Market Price of the Common Stock for the five consecutive trading days ending one trading day prior to the applicable Share Limitation Redemption Date.
Share Limitation Redemption Price means the Redemption Price as if the definition of Redemption Price in this Section 1 were modified such that all references therein to "Redemption Date" were to the Share Limitation Redemption Date.
Share Limitation Redemption Price means an amount in cash equal to the product obtained by multiplying (a) the sum of (i) $1,000 plus (ii) an amount equal to the Accrual Amount on the share of Series A Preferred Stock to be redeemed to the applicable Share Limitation Redemption Date times (b) 115%.
Share Limitation Redemption Price means an amount in cash equal to the sum of (1) the product obtained by multiplying (A) the principal amount of a Note to be redeemed on a particular Share Limitation Redemption Date TIMES (B) the Share Limitation Redemption Percentage, PLUS (2) accrued and unpaid interest on such principal amount to such Share Limitation Redemption Date PLUS (3) accrued and unpaid Default Interest, if any, on the amount referred to in the immediately preceding clause (2) at the rate provided in the Notes to such Share Limitation Redemption Date.
Share Limitation Redemption Price means an amount in cash equal to the sum of (1) $1,000 plus (2) the Accrual Amount on the share of Series 1998/A Preferred Stock to be redeemed to the applicable Share Limitation Redemption Date.
Share Limitation Redemption Price means the Redemption Price as if the definition of Redemption Price in this Section 1 were modified such that (i) the reference therein to "Section 7(b) or Section 9" were to Section 7(a) and (ii) all references therein to "Redemption Date" were to the Share Limitation Redemption Date.
Share Limitation Redemption Price means (a) the greater of (i) the Premium Price on the applicable Share Limitation Redemption Date and (ii) the Converted Market Price on the applicable Share Limitation Redemption Date or (b) if the Corporation shall have ever sought and failed to obtain, or abandoned its efforts to obtain, the Stockholder Approval, thereafter the Share Limitation Redemption Price shall be 105% of the price determined in accordance with clause (a) of this definition on the applicable Share Limitation Redemption Date.