Examples of Voluntary Redemption Date in a sentence
Redemption in accordance with Clause9.3 shall be made by the Issuer giving not less than 30 (thirty) but no more than 60 (sixty) calendar days’ irrevocable notice specifying the Voluntary Redemption Date, which shall be a Business Day within the Voluntary Redemption Period, to the Noteholders in accordance with Clause 20 ( Notices).
Redemption in accordance with Clause9.3 shall be made by the Issuer giving not less than 30 (thirty) but no more than 60 (sixty) calendar days’ irrevocable notice specifying the Voluntary Redemption Date, which shall be a Business Day within the Voluntary Redemption Period, to the Noteholders in accordance with Clause 21 ( Notices).
Such redemption shall be made by the Issuer on the date specified as the Voluntary Redemption Date in the applicable notice.
If the Issuer delivers any notice in terms of this Condition 12.2.2 and thereafter elects not to redeem the Unredeemed Preference Shares the Issuer shall (i) make an announcement to such effect on SENS by the Voluntary Redemption Date set out in the Redemption Announcement, and (ii) not thereafter be entitled to redeem the Unredeemed Preference Shares voluntarily without again delivering the notices contemplated in this Condition 12.2.2.
Redemption in accordance with this Condition 5.2 shall be made by the Issuer giving not less than thirty (30) but no more than sixty (60) calendar days’ irrevocable notice prior to the Voluntary Redemption Date, which notice shall specify the Voluntary Redemption Date, to the Issuer Agent and the holders of the Notes (the “ Noteholders”), in accordance with Condition 13 (Notices and right to information).
Tradehold is entitled, but not obliged, to redeem the “A” Preference Shares on the Voluntary Redemption Date and this notice of redemption is revocable at the instance of Tradehold at all times prior to the actual redemption of the A Preference Shares, which will only happen on successful listing of the “B” Preference Shares and provided the redemption notice has not been revoked.
If the Issuer has not by the time the Voluntary Redemption Period begins reached both of the Sustainability Performance Targets, or if it has not published on its website the required information relating to the same in accordance with Condition 6.1, the amount payable by the Issuer at the relevant Voluntary Redemption Date shall be increased by 0.75 per cent.
The failure by the Issuer for any reason whatsoever to pay the Redemption Amount within 7 (seven) days of a Voluntary Redemption Date.
A notice delivered under clause7.1 may not be revoked without the prior written consent of the Noteholders and each such notice shall state the Voluntary Redemption Date (which must be a Business Day after the first anniversary of the First Issue Date) and the total aggregate principal amount of the Loan Notes to be redeemed on that date.
On the Voluntary Redemption Date, the Corporation shall pay to each Holder of shares to be redeemed on such date, per each share of Series A Preferred Stock being so redeemed, an amount equal to the Liquidation Preference at the time in effect, together with the corresponding Redemption Dividend Amount accrued thereon.