Permitted Redemption. (i) At any time on or after the Closing Date, but subject to Section 8.31, the Companies may, at their option, elect to pay to the Holders of the Revolving Notes the Permitted Revolving Redemption Amount (as defined below), on the Permitted Redemption Date, by redeeming the principal amount of any Revolving Notes, in whole or in part (but in minimum increments of Two Hundred Fifty Thousand Dollars ($250,000)), (a “Permitted Redemption”); provided, that no Company has knowledge that an Event of Default (including, but not limited to a Change of Control) exists or will exist on the date of the Permitted Redemption. On or prior to the date which is the sixth (6th) Business Day prior to the applicable Permitted Redemption Date, the Companies shall deliver written notice (each, a “Permitted Redemption Notice”) to the Holders stating (i) the amount which the Companies elect to redeem pursuant to a Permitted Revolving Redemption (the “Permitted Revolving Redemption Amount”), which Permitted Revolving Redemption Amount shall be equal to the unpaid principal amount of the applicable Revolving Notes being redeemed, together with accrued and unpaid Interest with respect to such the principal amount being redeemed and accrued and unpaid Late Charges with respect to such Permitted Revolving Redemption Amount and (ii) the Permitted Redemption Date.
Permitted Redemption. (i) The Borrower may at any time after January 1, 2022, at its option, elect to pay to the Agent, on behalf of the Holders, the Permitted Redemption Amount (as defined below), on the Permitted Redemption Date, by redeeming the aggregate unpaid principal amount of all Notes, in whole (and not in part), whereupon the Commitments of each Lender shall automatically and permanently be terminated (the “Permitted Redemption”); provided that, a Permitted Redemption may occur prior to January 1, 2022 only in connection with an M&A Event. The Borrower may not, at any time, redeem the Notes in part. On or prior to the date which is the thirtieth (30th) calendar day prior to the proposed Permitted Redemption Date, the Borrower shall deliver written notice (the “Permitted Redemption Notice”) to the Agent stating (i) that the Borrower elects to redeem pursuant to the Permitted Redemption and (ii) the proposed Permitted Redemption Date. The “
Permitted Redemption. (i) The Borrower may at any time after January 1, 2022, at its option, elect to pay to the Agent, on behalf of the Holders, the Permitted Redemption Amount (as defined below), on the Permitted Redemption Date, by redeeming the aggregate unpaid principal amount of all Notes, in whole (and not in part), whereupon the Commitments of each Lender shall automatically and permanently be terminated (the “Permitted
Permitted Redemption. (i) The Borrowers may, at any time after January 1, 2022, at their option, elect to pay to the Agent, on behalf of the Holders, the Permitted Redemption Amount (as defined below), on the Permitted Redemption Date, by redeeming the aggregate unpaid principal amount of all Notes, in whole (and not in part), whereupon the Commitments of each Lender shall automatically and permanently be terminated (the “Permitted Redemption”); provided that, a Permitted Redemption may occur prior to January 1, 2022 only in connection with an M&A Event. The Borrowers may not, at any time, redeem the Notes in part. On or prior to the date which is the thirtieth (30th) calendar day (or, solely [****] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
Permitted Redemption. (i) The Borrower may, at its option, elect to pay to the Lender and all of the other Holders the Permitted Redemption Amount (as defined below), on the specified Permitted Redemption Date, by redeeming, in whole or in part, amounts outstanding under this Subordinated Note (the “Permitted Redemption”). On or prior to the date which is the second (2nd) Business Day prior to the proposed Permitted Redemption Date, the Borrower shall deliver written notice (the “Permitted Redemption Notice”) to the Lender and all of the other Holders stating: (i) that the Borrower elects to redeem this Subordinated Note pursuant to the Permitted Redemption and (ii) the proposed Permitted Redemption Date. The “
Permitted Redemption. (i) Subject to the Lender’s conversion rights set forth in Section 2.10 hereof, on or after July 31, 2016, the Borrower may, at its option, elect to pay to the Lender and any of the other Holders the Permitted Redemption Amount (as defined below), on the specified Permitted Redemption Date, by redeeming, in whole, amounts outstanding under the Notes (the “Permitted Redemption”). On or prior to the date which is the third (3rd) Business Day prior to the proposed Permitted Redemption Date, the Borrower shall deliver written notice (the “Permitted Redemption Notice”) to the Lender and any of the other Holders stating: (i) that the Borrower elects to redeem the Notes pursuant to the Permitted Redemption and (ii) the proposed Permitted Redemption Date. The “
Permitted Redemption. (i) The Borrowers may, at their option, elect to pay to the Agent, on behalf of the Holders, the Permitted Redemption Amount (as defined below), on the Permitted Redemption Date, by redeeming the aggregate unpaid principal amount of all Notes, in whole (and not in part), whereupon the Commitments of each Lender shall automatically and permanently be terminated (the “Permitted Redemption”). On or prior to the date which is the thirtieth (30th) calendar day prior to the proposed Permitted Redemption Date, the Borrower Representative shall deliver written notice (the “Permitted Redemption Notice”) to the Agent stating (i) that the Borrowers elect to redeem pursuant to the Permitted Redemption and (ii) the proposed Permitted Redemption Date. The “
Permitted Redemption. (i) At any time after the first anniversary of the Closing Date and then in connection with a Securitization, the Borrower Representative may, at its option, provide written notice (“Permitted Redemption Notice”) to Agent, on behalf of Lender, that the Borrower has elected to pay the Permitted Redemption Amount (as defined below), on the Permitted Redemption Date, by redeeming such portion of the then-unpaid principal amount of the Note such that Borrower and the Credit Parties will be in compliance with the covenants set forth in Section 6.1 (the “Permitted Redemption”). The “
Permitted Redemption. The following shall be inserted at the end of the last sentence of Section 16(e) of the Notes: “; provided further that the Company may repurchase or redeem any or all of the Notes or Warrants with the written consent of the Required Holders provided that such redemption is offered on a pro-rata basis among all Holders upon the same terms and conditions.”
Permitted Redemption. (i) The Borrowers may, at any time after January 1, 2022, at their option, elect to pay to the Agent, on behalf of the Holders, the Permitted Redemption Amount (as defined below), on the Permitted Redemption Date, by redeeming the aggregate unpaid principal amount of all Notes, in whole (and not in part), whereupon the Commitments of each Lender shall automatically and permanently be terminated (the “Permitted Redemption”); provided that, a Permitted Redemption may occur prior to January 1, 2022 only in connection with an M&A Event. The Borrowers may not, at any time, redeem the Notes in part. On or prior to the date which is the thirtieth (30th) calendar day (or, solely with respect to any Permitted Redemption of US Term Notes, the ninetieth (90th) calendar day) prior to the proposed Permitted Redemption Date, the Borrower Representative shall deliver written notice (the “Permitted Redemption Notice”) to the Agent stating (i) that the Borrowers elect to redeem pursuant to the Permitted Redemption and (ii) the proposed Permitted Redemption Date. The “
