Company Redemption. Prior to the Maturity Date, this Note may be redeemed by the Company, in whole or in part, at any time after sixty (60) days written notice ("Redemption Notice") to Holder. During such sixty (60) day period, Holder shall have the right to convert all or any part of the outstanding principal amount of the Note plus accrued and unpaid interest into Common Stock, as set forth in Section 3. If Holder does not convert all outstanding amounts into Common Stock, the Company may redeem any remaining amounts at any time during a thirty (30) day period commencing with the date of expiration of the sixty (60) day period provided for in the Redemption Notice. Thereafter, Company shall be required to provide Holder with a new Redemption Notice, and Holder shall have a new sixty (60) day period within which to convert all or any part of the outstanding principal amounts plus accrued and unpaid interest into Common Stock, as set forth in Section 3.
Company Redemption. Any time following the third (3rd) anniversary of the Effective Date, the Company may pay to Investor (a “Company Redemption”) an amount equal to the Investment Balance, plus an amount equal to any accrued but unpaid Investment Return from the start of the then current calendar month through the day prior to the closing of the Company Redemption. Notice of the Company Redemption shall be provided by the Company to Investor at least sixty (60) days prior to the closing of the Company Redemption and may be provided any time only after the thirty-four (34) month anniversary of the Effective Date. Subject to Section 5(d), following the closing of the Company Redemption, Investor shall have no further rights, title or interest in the Company and/or its subsidiaries or affiliates arising out of or as a result of this Agreement.
Company Redemption. At any time following [●],9 the Company shall have the right, but not the obligation, to redeem, from time to time, out of funds legally available therefor, all or any portion of the then-outstanding shares of Convertible Preferred Stock (a “Company 9 NTD: To be the fifth (5th) year anniversary of the Initial Issue Date. Redemption”) for a price per share of Convertible Preferred Stock equal to the Company Redemption Price. Any such Company Redemption shall occur not less than thirty (30) days and not more than sixty (60) days following receipt by the applicable Holders of a written election notice (the “Company Redemption Notice”) from the Company; provided, however, that if shares of Convertible Preferred Stock are held in book-entry form through the Depositary, any Company Redemption Notice may be given to holders at such time in any manner required or permitted by the procedures of the Depositary. Following the notice period required by the Company Redemption Notice, the Company shall redeem all, or in the case of an election to redeem less than all of the shares of Convertible Preferred Stock, the same pro rata portion of each such holder’s Shares redeemed pursuant to this Section 8; provided, however, that if any shares of Convertible Preferred Stock are held in book-entry form through the Depositary, the shares of Convertible Preferred Stock to be redeemed shall be selected in accordance with the applicable procedures of the Depositary and any notice of redemption may be given to the holders at such time in any manner permitted by the procedures of the Depositary. In exchange for the surrender to the Company by the respective Holders of their Certificate or Certificates, if any, or an affidavit of loss, representing such shares of Convertible Preferred Stock on or after the applicable redemption date (or, if shares of Convertible Preferred Stock are held in book-entry form through the Depositary, the book-entry transfer in accordance with the applicable procedures of the Depositary to the Transfer Agent’s account at the Depositary), the Company Redemption Price for the shares being redeemed shall be payable in cash by the Company in immediately available funds to the respective Holders, except to the extent prohibited by applicable Law. Notwithstanding anything to the contrary contained herein, each holder of Shares of Convertible Preferred Stock shall have the right to elect, prior to the applicable redemption date, to exercise the conversion right...
Company Redemption. If the Company elects a Company Redemption in accordance with Section (3)(a), then the Principal Redemption Amount which is to be paid to the Holder on the applicable Redemption Date shall be paid by the Company on or before such Redemption Date, by wire transfer of immediately available funds, in an amount in cash equal to the full Principal Redemption Amount. If the Company fails to redeem the full Principal Redemption Amount on the applicable Redemption Date, then the Company shall be deemed to have delivered a Company Redemption Notice confirming that the unpaid portion of the applicable Principal Redemption Amount may be converted by the Holder.
Company Redemption. The Company at its option shall have the right to redeem (“Optional Redemption”) a portion or all amounts outstanding under this Debenture, in multiples of $1,000.00 prior to the Maturity Date. In order to make an Optional Redemption pursuant to this Section, the Company shall provide written notice to the Holder of its intention to make a redemption, which notice shall (a) set forth the amount of Principal it desires to redeem; (b) set forth the effective date of such Optional Redemption (the “Redemption Date”); and (c) be given at least seven (7) days prior to the Redemption Date (the “Redemption Notice”). On the Redemption Date, the Company shall pay to Holder an amount equal to the amount of Principal being redeemed, plus all accrued and unpaid Interest through and including the Redemption Date (collectively referred to as the “Redemption Amount”).
Company Redemption. (a) In the event, for 20 Trading Days during any 30 consecutive Trading Days period, the VWAP for each of the 20 Trading Days exceeds $9.75 (subject to adjustment for forward and reverse stock splits and the like), the Company shall have the right to redeem this Warrant at a price of $0.10 per Warrant Share (the “Redemption Price”) upon written notice to the Holder as described below, provided there is an effective registration statement covering the issuance of the shares of Common Stock issuable upon exercise of the Warrant, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined below).
Company Redemption. The Company may at any time prior to Trading redeem in whole the Series A Preferred Stock by paying in cash in exchange for the shares of Series A Preferred Stock a sum equal to the greater of (i) $500,000; or (ii) 50% of the per share price the Company is currently selling, or last sold, shares of its Common Stock or Preferred Stock (whichever is higher) times the number of shares of Series A Preferred Stock held by Investor.
Company Redemption. The Company may at its sole option, at any time following the first annual anniversary of the date hereof and prior to the Maturity Date, redeem this Debenture in full by notice to the Holder. Such notice shall state that the Debenture is being redeemed by the Company and shall contain a calculation of the number of Shares to be issued in connection with the redemption. The date on which such notice shall be delivered to the Holder shall be the effective date of the redemption ("Redemption Date"). The Company shall issue to Holder that number of Shares which would have been issued to Holder pursuant to Section 3.A. hereof, provided that the term Redemption Date shall be substituted for the term Conversion Date in such formula. The Shares shall be delivered to the Holder within five (5) business days following the receipt by the Company from the Holder of this Debenture or in the case of loss, theft, destruction, or mutilation hereof upon compliance with Section 3.D. hereof. All interest accrued on this Debenture through the Redemption Date shall be satisfied at the Company's option, either through the issuance of Shares pursuant to the formula set forth in Section 3.A. or by payment thereof by the Company to the Holder in U.S. Dollars. Such election shall be set forth in the notice of redemption delivered to the Holder.
Company Redemption. The Company may in its sole and absolute discretion redeem all, but not less than all, of this Warrant on the Exercise Date, by delivering payment to the Holder on or prior to the Exercise Date of an amount equal to the Warrant Price in cash or via wire transfer of immediately available funds and notifying Holder on or prior to the Exercise Date that payment has been made for such redemption, if and only if no Event of Default has occurred as of the Exercise Date under any of the Notes (as defined in the Securities Purchase Agreement) then held by Holder. 140
Company Redemption. (1) On and after the Original Issue Date, the Company, at its option, may, on not less than ten (10) nor more than thirty (30) days’ prior notice (which notice shall be given in accordance with Section 8 hereof), redeem (out of funds legally available therefor) all or any part of the outstanding shares of Series A Preferred Stock at a purchase price per share in cash equal to the Accrued Amount (the “Company Redemption Price”).
