Common use of Procedures for Redemption Clause in Contracts

Procedures for Redemption. (i) Notice of any redemption will be mailed by the Corporation, postage prepaid, not less than 30 nor more than 90 days prior to the Redemption Date, addressed to the holders of record of the Series A Preferred Stock to be redeemed at their addresses as they appear on the share transfer records of the Corporation. No failure to give such notice or any defect therein or in the mailing thereof shall affect the validity of the proceedings for the redemption of any Series A Preferred Stock except as to the holder to whom the Corporation has failed to give notice or except as to the holder to whom notice was defective. In addition to any information required by law or by the applicable rules of any exchange upon which Series A Preferred Stock may be listed or admitted to trading, such notice shall state: (a) the Redemption Date; (b) the Redemption Price; (c) the number of shares of Series A Preferred Stock to be redeemed; (d) the place or places where certificates for such shares are to be surrendered for payment of the Redemption Price; (e) the date on which conversion rights shall expire, the conversion price and the place or places where certificates for such shares are to be surrendered for conversion; and (f) the number of shares of Common Stock of the Corporation outstanding on the date of such notice.

Procedures for Redemption. (i) Notice of any redemption will be mailed by the CorporationTrust, postage prepaid, not less than 30 nor more than 90 60 days prior to the Series C Redemption Date, addressed to the holders of record of the Series A C Preferred Stock Shares to be redeemed at their addresses as they appear on the share transfer records of the CorporationTrust. No failure to give such notice or any defect therein or in the mailing thereof shall affect the validity of the proceedings for the redemption of any Series A C Preferred Stock Shares except as to the holder to whom the Corporation Trust has failed to give notice or except as to the holder to whom notice was defective. In addition to any information required by law or by the applicable rules of any exchange upon which Series A C Preferred Stock Shares may be listed or admitted to trading, such notice shall state: (a) the Series C Redemption Date; (b) the Series C Redemption Price; (c) the number of shares of Series A C Preferred Stock Shares to be redeemed; (d) the place or places where certificates for such shares are to be surrendered for payment of the Series C Redemption Price; and (e) that distributions on the date on which conversion rights shall expire, the conversion price and the place or places where certificates for such shares are to be surrendered for conversion; and (f) the number of shares of Common Stock of the Corporation outstanding redeemed will cease to accumulate on the date of such noticeSeries C Redemption Date.

Procedures for Redemption. (i1) Notice of any redemption will be (a) given by publication in a newspaper of general circulation in the City of New York, New York, such publication to be made once a week for two successive weeks commencing not less than 30 nor more than 60 days prior to the Series A Redemption Date, and (b) mailed by the Corporation, postage prepaid, not less than 30 nor more than 90 60 days prior to the Series A Redemption Date, addressed to the respective holders of record of the Series A Preferred Stock to be redeemed at their respective addresses as they appear on the share stock transfer records of the Corporation. No failure to give such notice or any defect therein or in the mailing thereof shall affect the validity of the proceedings for the redemption of any Series A Preferred Stock except as to the holder to whom the Corporation has failed to give notice or except as to the holder to whom notice was defective. In addition to any information required by law or by the applicable rules of any exchange upon which Series A Preferred Stock may be listed or admitted to trading, such notice shall state: (a) the Series A Redemption Date; (b) the Series A Redemption Price; (c) the number of shares of Series A Preferred Stock to be redeemed; (d) the place or places where certificates for such shares Series A Preferred are to be surrendered for payment of the Series A Redemption Price; (e) the date on which conversion rights shall expire, the conversion price and the place or places where certificates for such shares are to be surrendered for conversion; and (fd) the number of shares of Common Stock of the Corporation outstanding that dividends on the date of such noticeSeries A Preferred will cease to accumulate on the Series A Redemption Date.

Procedures for Redemption. (i) Notice of At least thirty (30) days and not more than sixty (60) days prior to the date fixed for any redemption will of the Preferred Stock in accordance with Section 5(a)(i) or Section 5(b) and at least five days prior to the Special Redemption Date for any redemption of the Preferred Stock in accordance with Section 5(a)(ii), written notice (the "Redemption Notice") shall be mailed given by the Corporationfirst class mail, postage prepaid, not less than 30 nor more than 90 days prior to the Redemption Date, addressed to the holders each holder of record on the mailing date of such notice at such holder's address as it appears on the stock books of the Series A Preferred Stock to be redeemed at their addresses as they appear on the share transfer records of the Corporation. No Company (and by facsimile, if a record holder has provided a facsimile contact); provided that no failure to give such notice or nor any defect deficiency therein or in the mailing thereof shall affect the validity of the proceedings procedure for the redemption of any Series A shares of Preferred Stock to be redeemed except as to the holder or holders to whom the Corporation Company has failed to give said notice or except as to the holder to whom such notice was defective. In addition to any information required by law or by the applicable rules Any holder of any exchange upon which Series A Preferred Stock may be listed or admitted exercise its conversion rights under Section 7(a) at any time up until 5:00 p.m. New York City time on the Business Day prior to tradingthe date fixed for redemption in accordance with this Section 5 (the "Redemption Date") and if not exercised prior to such time, such notice redemption right shall expire unless the Company defaults in making the payment due on redemption. The Redemption Notice shall state: (a) the Redemption Date; (b) the Redemption Price; (c) the number of shares of Series A Preferred Stock to be redeemed; (d) the place or places where certificates for such shares are to be surrendered for payment of the Redemption Price; (e) the date on which conversion rights shall expire, the conversion price and the place or places where certificates for such shares are to be surrendered for conversion; and (f) the number of shares of Common Stock of the Corporation outstanding on the date of such notice.:

Procedures for Redemption. (i) Notice of any redemption will be mailed by the Corporationcorporation, postage prepaid, not less than 30 nor more than 90 60 days prior to the Series D Redemption Date, addressed to the respective holders of record of the Series A D Preferred Stock to be redeemed at their respective addresses as they appear on the share stock transfer records of the Corporationcorporation. No failure to give such notice or any defect therein or in the mailing thereof shall affect the validity of the proceedings for the redemption of any Series A D Preferred Stock except as to the holder to whom the Corporation corporation has failed to give notice or except as to the holder to whom notice was defective. In addition to any information required by law or by the applicable rules of any exchange upon which Series A Preferred Stock may be listed or admitted to tradinglaw, such notice shall state: (a) the Series D Redemption Date; (b) the Series D Redemption Price; (c) the number of shares of Series A D Preferred Stock to be redeemed; (d) the place or places where certificates for such shares are to be surrendered for payment of the Series D Redemption Price; and (e) that dividends on the date shares to be redeemed will cease to accumulate on which conversion rights shall expire, the conversion price and Series D Redemption Date. If less than all the place or places where certificates for such shares of Series D Preferred held by any holder are to be surrendered for conversion; and (f) redeemed, the notice mailed to such holder shall also specify the number of shares of Common Stock of the Corporation outstanding on the date of Series D Preferred held by such noticeholder to be redeemed.

Procedures for Redemption. (iA) Notice of any redemption will be mailed by the Corporation, postage prepaid, not less than 30 nor more than 90 days prior to the Redemption Date, addressed to the holders of record of the Series A Preferred Stock to be redeemed at their addresses as they appear on the share transfer records of the Corporation. No failure to give such notice or any defect therein or in the mailing thereof shall affect the validity of the proceedings for the redemption of any Series A Preferred Stock except as to the holder to whom the Corporation has failed to give notice or except as to the holder to whom notice was defective. In addition to any information required by law or by the applicable rules of any exchange upon which Series A Preferred Stock may be listed or admitted to trading, such notice shall state: (a) the Redemption Date; (b) the Redemption Price; (c) the number of shares of Series A Preferred Stock to be redeemed; (d) the place or places where certificates for such shares are to be surrendered for payment of the Redemption Price; (e) the date on which conversion rights shall expire, the conversion price and the place or places where certificates for such shares are to be surrendered for conversion; and (f) the number of shares of Common Stock of the Corporation outstanding on the date of such notice.