Common use of Pro-Rata Redemption Clause in Contracts

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible Debentures, that it shall make such redemption pro-rata among all Lenders in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 7 contracts

Samples: Loan Agreement (Aquis Communications Group Inc), Loan Agreement (McGlen Internet Group Inc), Loan Agreement (Pawnbroker Com Inc)

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Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible DebenturesDebenture, that it shall make offer such redemption pro-rata among all Lenders Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 3 contracts

Samples: And Warrants Purchase Agreement (Affinity Technology Group Inc), Warrants Purchase Agreement (Detour Media Group Inc), Convertible Debentures and Warrants Purchase Agreement (Detour Media Group Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible DebenturesPreferred Stock, that it shall make such redemption pro-rata among all Lenders Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 3 contracts

Samples: Convertible Preferred Stock and Warrants Purchase Agreement (Compositech LTD), Escrow Agreement (Professional Transportation Group LTD Inc), Convertible Preferred Stock and Warrants Purchase Agreement (Avtel Communications Inc/De)

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible Debentures, that it shall make offer such redemption pro-rata among all Lenders Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Famous Fixins Inc), And Warrants Purchase Agreement (Famous Fixins Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem ------------------- any of the Convertible DebenturesDebenture, that it shall make offer such redemption pro-rata among all Lenders Investors in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Samples: Convertible Debenture and Warrants Purchase Agreement (Worldwide Wireless Networks Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem Upon any redemption of any of the Convertible Debentures, that it the Company shall make offer such redemption pro-rata among all Lenders Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Samples: Warrants Purchase Agreement (World Wide Wireless Communications Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem Upon any redemption of any of the Convertible Subordinated Debentures, that it the Company shall make offer such redemption pro-rata among all Lenders Investors in proportion to their respective initial purchases current holdings of such securities pursuant to this Agreement.

Appears in 1 contract

Samples: Warrants Purchase Agreement (Cray Inc)

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Pro-Rata Redemption. The Company agrees that if it shall redeem Upon any redemption of any of the ------------------- Convertible Debentures, that it the Company shall make offer such redemption pro-rata among all Lenders Investors in proportion to their respective initial purchases current holdings of such securities pursuant to this Agreement.

Appears in 1 contract

Samples: Warrants Purchase Agreement (Data Race Inc)

Pro-Rata Redemption. The Company agrees that if it shall redeem ------------------- any of the Convertible Debentures, that it shall make such redemption pro-rata among all Lenders in proportion their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Inchorus Com)

Pro-Rata Redemption. The Company agrees that if it shall redeem any of the Convertible Debentures, that it shall make offer such redemption pro-rata among all Lenders Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.. ARTICLE VII

Appears in 1 contract

Samples: Registration Rights Agreement (Calypte Biomedical Corp)

Pro-Rata Redemption. The Company agrees that if it shall redeem or require the mandatory exchange of any of the Convertible DebenturesExchangeable Preferred Stock, that it shall make such redemption pro-rata among all Lenders Investors in proportion to their respective initial purchases of such securities pursuant to this Agreement.

Appears in 1 contract

Samples: Exchangeable Preferred Stock and Warrants Purchase Agreement (Nam Corp)

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