Special Redemption Event definition

Special Redemption Event means:

Special Redemption Event means the date on which the shares of common stock are traded on a national securities exchange with at least three market makers or a New York Stock Exchange specialist.

Special Redemption Event means (i) a Regulatory Event, (ii) a Tax Event or (iii) an Investment Company Act Event.

Examples of Special Redemption Event in a sentence

• The Company will have the right to redeem the Class B Preferred Securities upon the occurrence of a Special Redemption Event with respect to the Company.

• Upon the occurrence of a Special Redemption Event with respect to the Trust, holders of the Trust Preferred Securities will be entitled to receive a corresponding number of Class B Preferred Securities.

• No redemption of Class B Preferred Securities, whether on a Class B Payment Date, on or after the Initial Redemption Date or upon the occurrence of a Company Special Redemption Event, shall require the vote or consent of any of the Class B Preferred Securityholders.

• In the case of redemption upon the occurrence of a Trust Special Redemption Event (as defined in the Agreement), the Company’s Capital Securities would be distributed, after satisfaction of the claims of the creditors, if any, on a pro rata basis to the Holders of the Trust Preferred Securities and the Holder of the Trust Common Security in liquidation of such Holders’ interest in the Trust.

• Interest earned on the Subordinated Note Receivable is passed through to the holders of the Trust Preferred Securities in the form of interest payments less a spread used to pay operational costs.The Subordinated Note Receivable shall not be redeemable by DB PFK AG prior to the maturity date except upon the occurrence of a Special Redemption Event (see note 6).

More Definitions of Special Redemption Event

Special Redemption Event means a Tax Event, Investment Company Event or a Capital Treatment Event, as the case may be.

Special Redemption Event means the date upon which CCI’s shares of common stock are listed for trading on a national securities exchange with at least three market makers or a New York Stock Exchange specialist.

Special Redemption Event means any of the following: (i) if China-Singapore Suzhou Industrial Park Ventures Co., Ltd. (“Zhongxin Suzhou”) fails to either complete the exchange of its equity interest in InnoLight SZ for Shares of the Company (such that InnoLight SZ becomes a wholly owned subsidiary of InnoLight HK) by December 31, 2014 or complete the transfer of its equity interest in InnoLight SZ to InnoLight HK or otherwise complete the redemption or the transfer of its equity interest in InnoLight SZ to any other party acceptable to the Series C Majority by March 31, 2015; (ii) if the requisite registrations with competent local counterpart of the SAFE shall not have been completed by February 28, 2015 by all direct or indirect shareholders of the Company that are required to complete such registrations in accordance with the Notice on Relevant Issues Concerning Foreign Exchange Control on Domestic Residents’ Overseas Investment and Financing and Roundtrip Investment through Offshore Special Purpose Vehicles issued by the State Administration of Foreign Exchange (“SAFE”) on July 4, 2014 (“Circular 37”) and any successor rule or regulation under PRC law so that such shareholders are fully compliant with Circular 37 by such date, or (iii) if any loans granted to the management of InnoLight SZ have not been repaid in full by such members of management of InnoLight SZ upon the earlier of (x) September 30, 2015, or (y) the filing of a firm-commitment underwritten registered public offering of the Ordinary Shares of the Company.

Special Redemption Event means (i) a Regulatory Event and/or (ii) a Tax Event.

Special Redemption Event means the occurrence of any one or more of the following: (i)(x) the Maker shall consolidate with or merge into any other Person, (y) the Maker shall convey, transfer or lease all or substantially all of its assets to any Person or (z) any Person shall consolidate with or merge into the Maker pursuant to a transaction in which the outstanding common stock of the Maker is reclassified, changed or exchanged; provided that the following shall be excluded from the operation of this clause (i): a transaction which is part of a sale, financing or securitization of receivables, entered into in the ordinary course of business; a transaction between the Maker and one or more of its wholly-owned Subsidiaries; or a transaction of the type described in clause

Special Redemption Event means the date upon which Cottonwood Communities, Inc.’s shares of common stock are listed for trading on a national securities exchange with at least three market makers or a New York Stock Exchange specialist.

Special Redemption Event means the occurrence of any one or more of the following: (A) the Company shall consolidate with or merge into any other corporation or partnership (except in a transaction in which the Company is the surviving entity and is not itself the subsidiary of another entity), or convey, transfer or lease all or substantially all of its assets to any person, other than as part of a loan securitization or sale entered into in the ordinary course of its business; or (B) any person or group of persons acting in concert who was not or were not a common stockholder or common stockholders of the Company immediately prior to the transaction (or the first of a series of transactions) shall purchase or otherwise acquire in one or more transactions beneficial ownership of fifty percent (50%) or more of the common stock of the Company outstanding on the date immediately prior to the last such purchase or other acquisition, provided, however, that a change of fifty percent (50%) or more of the beneficial ownership of such common stock resulting directly from an underwritten public offering of such common stock, duly approved by the Company's Board of Directors shall not be a Special Redemption Event. For purposes of this definition, "outstanding common stock of the Company" shall include all common stock of the Company issued and outstanding on the date of such notice, any non-voting common stock of the Company issued and outstanding on the date of such notice, and all common stock of the Company which is issuable