Stock Redemptions definition

Stock Redemptions means with respect to any Person any and all funds, cash or other payments made in respect of the redemption, repurchase or acquisition of such capital stock (specifically including, without limitation, a Treasury Stock Purchase), unless such capital stock shall be redeemed or acquired through the exchange of such capital stock with capital stock of the same class or options or warrants to purchase such capital stock.
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Examples of Stock Redemptions in a sentence

  • The Company Preferred Stock Redemptions and the Company Warrant Purchases shall have been effected and completed in all respects, such that no shares of Company Preferred Stock and no Company Warrants shall be outstanding, immediately prior to Closing.

  • Following its receipt of a Redemption Notice, Borrower may either ratify Lender’s proposed allocation in the applicable Redemption Notice or elect to change the allocation by written notice to Lender by email or fax within twenty-four (24) hours of its receipt of such Redemption Notice, so long as the sum of the cash payments and the amount of Common Stock Redemptions equal the applicable Redemption Amount.

  • December 15, 2015 “Applying Supervisory Guidance and Regulations on the Payment of Dividends, Stock Redemptions and Stock Repurchases at Bank Holding Companies.” II.

  • For the avoidance of doubt, Lender may continue accepting Common Stock Redemptions at any time following an Event of Default until such time as the Outstanding Balance is paid in full.

  • The proceeds of the Loans are to be used solely for working capital purposes and general corporate purposes, and to finance Permitted Acquisitions and Permitted Stock Redemptions.

  • The proceeds of the Loans shall be used to finance ongoing working capital needs and for general corporate purposes, and to finance Permitted Acquisitions and Permitted Stock Redemptions.

  • The PC shall prepare a record of the opening of Applications which shall include, as a minimum, the name of the Applicant.

  • Similarly, the FDIC also 48 See, for example, SR 09-4, Applying Supervisory Guidance and Regulations on the Payment of Dividends, Stock Redemptions, and Stock Repurchases at Bank Holding Companies (Board).49 Under Title III of the Dodd-Frank Act, the OCC assumed all functions of the Office of Thrift Supervision (OTS) and the Director of the OTS relating to Federal savings associations.

  • Limitation on Stock Redemptions and Stock Repurchases..................................................

  • BHC Supervision Manual February 2023 Page 5Control and Ownership(Treasury Stock Redemptions) Section 2090.3 ‘‘Bootstrapping’’ is the term generally used to describe a treasury stock transaction in which a company incurs debt to purchase or redeem its own outstanding shares.

Related to Stock Redemptions

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

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Optional Redemption shall have the meaning set forth in Section 6(a).

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

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

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

  • Early Preference Share Redemption Event means the event that occurs if:

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • 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.

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

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

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

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

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).