Redemption Amount. Upon redemption at maturity in accordance with Condition 5(B), the Company shall pay to the Holder of each outstanding Bond the amount of the principal of such Bond plus a premium on such Bond (“Redemption Price”) in order to ensure an Internal Rate of Return with respect to such Bond of 6.00%.
Appears in 2 contracts
Sources: Convertible Bonds Subscription Agreement (Inovio Pharmaceuticals, Inc.), Convertible Bonds Subscription Agreement (Inovio Pharmaceuticals, Inc.)