Mandatory Redemption Price. Upon the satisfaction or waiver of the conditions set forth in Section 3.11(b) and subject to the terms and conditions of this Section 3.11, the Company shall redeem the Notes at a redemption price (the “Mandatory Redemption Price”) per $1,000 principal amount of Notes equal to:
Mandatory Redemption Price. For purposes hereof, "Mandatory Redemption Price" shall mean the greater of (A) the unpaid principal hereof and all accrued and unpaid Interest hereon multiplied by one hundred and twenty percent (120%) and (B) the unpaid principal hereof and all accrued and unpaid Interest hereon divided by the Conversion Price in effect at the time of the Conversion Default multiplied by the Market Price on the Mandatory Redemption Date.
Mandatory Redemption Price. The "Mandatory Redemption Price" shall be -------------------------- -------------------------- equal to the greater of (i) the Liquidation Preference of the Preferred Shares being redeemed multiplied by one hundred and twenty five percent (125%) and (ii) ------------- an amount determined by dividing the Liquidation Preference of the Preferred Shares being redeemed by the Conversion Price in effect on the Mandatory Redemption Date and multiplying the resulting quotient by the average Closing Trade Price for the Common Stock on the five (5) Trading Days immediately preceding (but not including) the Mandatory Redemption Date.
Mandatory Redemption Price. The "MANDATORY REDEMPTION PRICE" shall be equal to (A) the unpaid principal amount of this Debenture being redeemed MULTIPLIED BY one hundred and twenty percent (120%) PLUS (B) in the event of a Mandatory Redemption where the Mandatory Redemption Date occurs after the last day of the third anniversary of the Issue Date, an amount equal to interest on such unpaid principal amount at an annual rate of fifteen percent (15%) computed on the basis of a 360-day year of twelve 30-day months for the actual number of days elapsed (compounded annually) from the such last day through the Mandatory Redemption Date.
Mandatory Redemption Price. The "Mandatory Redemption Price" -------------------------- shall be (x) the original principal amount of this Note (i.e., excluding compoundings of interest pursuant to Section 2.1(b)) then remaining unpaid and outstanding (unless a lesser amount is specified) multiplied by (y) fourteen percent (14%) per year, compounded annually, from and including the Issue Date to but excluding the date of payment of the Mandatory Redemption Price, without deduction or offset of any kind.
Mandatory Redemption Price. The Mandatory Redemption Price shall be as follows:
Mandatory Redemption Price. In the event that a Mandatory Redemption Event (other than a Change of Control Transaction (as defined below)) is within the control of the Corporation, the "Mandatory Redemption Price" shall be equal to (A)(i) the principal amount of this Debenture being redeemed multiplied by (ii) one hundred and twenty-five percent (125%) plus (B) all unpaid Interest accrued thereon; in the event that a Mandatory Redemption Event (other than a Change of Control Transaction) is not within the control of the Corporation, the "Mandatory Redemption Price" shall be equal to (A)(i) the principal amount of this Debenture being redeemed multiplied by (ii) one hundred and ten percent (110%) plus (B) all unpaid Interest accrued thereon. A Mandatory Redemption Event shall be deemed to be within the control of the Corporation if such event occurs as a result of action taken by the Corporation or the failure of the Corporation to take action; provided, however, that, notwithstanding the foregoing, the Mandatory Redemption Event specified in clause (d)(v) below shall be deemed to be within the control of the Corporation. The Mandatory Redemption Price for a Change of Control Transaction shall be equal to (A)(i) the principal amount of this Debenture being redeemed multiplied by (ii) one hundred and ten percent (110%) plus (B) all unpaid Interest accrued thereon; provided, however, that if following a Change of Control Transaction, the common stock of the surviving entity either (A) is not publicly traded or (B) is publicly traded and the average daily trading volume for such common stock is less than $1,500,000 during the period of four weeks immediately preceding such Change of Control Transaction, the Mandatory Redemption Price for a Change of Control Transaction shall be equal to (A)(i) the principal amount of this Debenture being redeemed multiplied by (ii) one hundred and twenty-five percent (125%) plus (B) all unpaid Interest accrued thereon.
Mandatory Redemption Price. The "Mandatory Redemption Price" (other than for a Change of Control Transaction (as defined below)) shall be equal to (A)(i) the aggregate Stated Value of the Preferred Shares being redeemed multiplied by (ii) one hundred and twenty-five percent (125%) (the "Mandatory Redemption Percentage") plus (B) all unpaid Premium accrued thereon. The Mandatory Redemption Percentage for a Change of Control Transaction shall be equal
Mandatory Redemption Price. The "MANDATORY REDEMPTION PRICE" shall be equal to the principal amount of this Note being redeemed MULTIPLIED BY one hundred and twenty percent (120%); PROVIDED, HOWEVER, that with respect to a Mandatory Redemption which occurs as a result of a Mandatory Redemption Event described in subparagraph 6(d)(ii) or 6(d)(vii) below, the Mandatory Redemption Price shall be equal to the principal amount of this Note being redeemed, DIVIDED BY the Applicable Percentage in effect on the Mandatory Redemption Date.
Mandatory Redemption Price. For purposes hereof, “Mandatory Redemption Price” shall mean (i) the unpaid principal hereof multiplied by the Mandatory Redemption Percentage plus (ii) all accrued and unpaid Interest hereon. For purposes hereof, “Mandatory Redemption Percentage” means (x) where the Event of Default (as defined below) constitutes a Change of Control, one hundred and twenty percent (120%) during the first year following the Issue Date, one hundred and fifteen percent (115%) during the second year following the Issue Date and one hundred and ten percent (110%) at all times following the second (2nd) anniversary of the Issue Date, and (y) for all other Events of Default, one hundred and one percent (101%).
