Redemption at Option of Company. No Class C Units shall be redeemable at the option of the Company except as expressly set forth in Section 16.5(c).
Redemption at Option of Company. This Warrant is subject to redemption, at the option of the Company upon thirty days advance notice by the Company to the Holder, for $0.01 per Warrant Share, if: (i) the Common Stock is trading on the NASD Over-the-Counter Bulletin Board; (ii) the Warrant Shares have been registered for sale under the Securities Act of 1933, as amended, or are otherwise available for resale under a Rule 144 exemption; and (iii) the average closing price of the Common Stock during the thirty days prior to the giving of notice to the Holder equals or exceeds $0.30 per share. The Holder shall have the right to exercise this Warrant, in whole or in part, following receipt of such notice of redemption and prior to the date fixed for redemption of this Warrant.
Redemption at Option of Company. On and after the 6th month anniversary of the Effective Date, the Company may redeem all or any portion of this Warrant which has not been previously exercised and for which no Form of Election to Purchase shall been received by delivery to the Holder of a notice of such redemption, together with the redemption price equal to $.05 per Warrant Share to be redeemed, payable by the third Trading Day following the delivery of such notice by the Company; provided that the redemption price shall be adjusted to reflect any adjustment in the number of Warrant Shares issuable hereunder, so that the maximum aggregate redemption price shall continue to be $100,000. Interest shall accrue on the unpaid portion of such redemption price at the rate of 10% per annum beginning on such third Trading Day.
Redemption at Option of Company. The Holder hereby consents to the redemption in full (but not in part) of the Holder's Debentures in cash as provided below in this Section 4. The Company shall provide the Holder with at least 5 Trading Days' prior written notice (the "Notice of Redemption") of the date that payment of the applicable Redemption Price (as defined herein) in full is to be made, which date of payment must occur on or before June 30, 2007 (the "Redemption Date"). The redemption price (the "Redemption Price") shall equal the sum of (a) 100% of the principal amount of the Holder's Debentures outstanding on the Redemption Date (including the Additional Debentures issued to the Holder pursuant to Section 5(a) and the Deferred Payments subject to Section 6 below), (b) accrued but unpaid interest thereon through and including the Redemption Date and (c) all other fees and other amount due in respect of the Holder's Debentures and any Additional Debentures held by the Holder. Payment in full of the Redemption Price in cash must be made on the Redemption Date. Up until the date that such payment is made in full, the Holder shall have the right to convert the Holder's Debentures pursuant to the terms thereof. Failure to make payment of the applicable Redemption Price on the Redemption Date shall be deemed an Event of Default under the Holder's Debentures. If the Company elects to cause a redemption pursuant to this Section 4, then it must simultaneously take the same action with respect to the Debentures held by the Other Investors pursuant to Section 4 of the Other Agreements.
Redemption at Option of Company. Series 6-1/2% Notes are subject to redemption at the option of the Company as provided in Section 7.02 hereof.
Redemption at Option of Company. A total of 350,000 of the Warrant Shares underlying the Warrant (“Redemption Amount”), or any pro rata portion thereof, is subject to redemption, at the option of the Company at any time prior to the date one (1) year from the Closing Date hereof, for cash payment of $50,000. If the Company elects such redemption it may elect to redeem the entirety or any portion of such Redemption Amount and if it elects to pay a portion thereof the Redemption Amount it shall pay any such pro rata amount due thereon..
Redemption at Option of Company. Beginning on March 31, 2011, the Company may elect to redeem the Notes, in whole or in part, for cash at a price of 100% of the Accreted Principal Amount, plus accrued and unpaid cash interest, including contingent interest, if any, to but excluding the date of redemption (the “Redemption Price”). The Company may not redeem the Notes if the Company shall have failed to pay accrued but unpaid interest, including contingent interest, if any, and such failure to pay such interest shall be continuing. If the Redemption Date is an interest payment date, then the interest payable on such interest payment date shall be paid to the holders of record of the Notes on the applicable record date instead of the Holders of the Notes being redeemed on such date. The Company shall give notice of the redemption (the “Redemption Date Notice”) specifying the Business Day on or after March 31, 2011 on which the redemption is to occur (the “Redemption Date”) and the Redemption Price, not less than 30 nor more than 60 days prior to the Redemption Date, and otherwise as provided in Section 1104 of the Indenture. Except as otherwise set forth herein, the redemption shall otherwise be on the terms and conditions set forth in Article XI of the Indenture.
Redemption at Option of Company. This Warrant is subject to redemption, at the option of the Company upon thirty days advance notice by the Company to the Holder, for $0.01 per Warrant Share, if: (i) the Warrant Shares have been registered for sale under the Securities Act of 1933, as amended, or are otherwise available for resale under a Rule 144 exemption; and (iii) the average closing price of the Common Stock during the ten consecutive trading days prior to the giving of notice to the Holder equals or exceeds $1.65 per share. The Holder shall have the right to exercise this Warrant, in whole or in part, following receipt of such notice of redemption and prior to the date fixed for redemption of this Warrant.
Redemption at Option of Company. The Collateral Trust Bonds of the 6 7/8% Series will not be redeemable prior to their maturity by the Company; provided, however, that such Bonds may be redeemed by the Company in whole at any time or in part from time to time, upon at least 30 days notice, at the redemption price equal to 100% of the principal amount thereof, plus accrued interest to the date of redemption, through application of cash received by the Trustee as a result of properties of the Company being taken by eminent domain or being sold to an entity possessing the power of eminent domain.
Redemption at Option of Company. (A) If, at any time the nominal amount of all of the Notes outstanding is less than (pound)250,000, the Company has the right on giving to the holders of outstanding Notes not less than 30 days' notice in writing (such notice not to take effect prior to 30 June 1999) to redeem all (but not some only) of the outstanding Notes by payment of the nominal amount thereof together with accrued interest (subject to any requirement to deduct any applicable tax therefrom) up to (but excluding) the date of repayment.
