The Redemption definition

The Redemption. Amount is payable in full on the Redemption Date. The Borrower covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Redemption Notice through 5:00 p.m. (New York time) on the business day immediately preceding the Redemption Date. Unless a Holder elects to convert its Note prior to the time and date specified above, each Holder shall, prior to 5:00 p.m. (New York time) on the Redemption Date, return any and all original Notes to be redeemed to the Borrower (or such other place at set forth in the Redemption Notice) and such certificates shall be duly endorsed or assigned either to the Borrower or in blank.

Examples of The Redemption in a sentence

  • The Redemption of any Class A Ordinary Share shall be effected by the Company making payment of the Liquidation Price to the account of the Member (or to a custodian or agent for the benefit of the Member) or by such other means as the Board reasonably determines and the Class A Ordinary Share(s) for which the liquidation amount has been paid shall be deemed to be retired and canceled immediately upon the making of such payment.

  • The Redemption Price shall be paid prior to 12:00 noon, New York time, on the date of such redemption or such earlier time as the Company determines, provided that the Company shall deposit with the Trustee an amount sufficient to pay the Redemption Price by 10:00 a.m., New York time, on the date such Redemption Price is to be paid.

  • The Redemption Price shall be payable, at the option of the Company, in cash, shares of Common Stock, or such other form of consideration as the Board of Directors shall determine.

  • The Redemption Price shall be paid prior to 12:00 noon, New York time, on the date of such redemption or at such earlier time as the Company determines provided that the Company shall deposit with the Trustee an amount sufficient to pay the Redemption Price by 10:00 a.m., New York time, on the date such Redemption Price is to be paid.

  • The Redemption Price will be calculated on the basis of a 360-day year consisting of twelve 30-day months.

  • The Redemption Amount shall be paid as set forth in Section 7.1(d).

  • The Redemption Price for this Note shall equal 100% of the principal amount of this Note plus accrued but unpaid interest to but excluding the date of redemption.

  • The Redemption Price with respect to any redemption permitted under this Indenture will be equal to 100% of the principal amount of this Subordinated Note, or portion thereof, to be redeemed, plus accrued but unpaid interest and Additional Interest, if any, thereon to, but excluding, the Redemption Date.

  • The Redemption Price shall be payable, at the option of the Company, in cash, shares of Common Stock, or such other form of consideration as the Board shall determine.

  • The Redemption Price shall be payable, at the option of the Company, in cash, shares of Common Stock or such other form of consideration as the Board of Directors of the Company shall determine.

Related to The Redemption

  • Optional Redemption shall have the meaning specified in Section 16.01.

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

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

  • 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.

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