Voluntary Redemption Amount definition
Examples of Voluntary Redemption Amount in a sentence
All voluntary redemptions under this Condition 7.2 must be made with the Voluntary Redemption Amount.
Interest on the Loan Notes shall cease to accrue in respect of any Principal converted into Ordinary Shares in accordance with the terms hereof (with effect from the Share Delivery Date or, if the Company exercises the election in Section 3.4, the date on which the Voluntary Redemption Amount is paid in respect thereof).
A voluntary redemption may only be made by the Issuer in accordance with the express terms of this Condition 7.2. The Voluntary Redemption Amount payable by the Issuer under this Condition 7.2 shall be paid for value to the CB Holder on the Voluntary Redemption Date by the Issuer transferring such amount due to the CB Holder to its bank account (the details of which as recorded on the CB Register or as notified by the CB Holder to the Issuer in writing).