Common use of Redemption Date Clause in Contracts

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty five (65), nor less than forty five (45), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day of the Observation Period relating to such Redemption Date pursuant to clause (B) of the definition of Observation Period); provided, however, that if, in accordance with Section 5.03(A)(i)(3), the Company has elected to settle all Exchanges of Notes with an Exchange Date that occurs during the related Redemption Exchange Period by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen (15), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Pagaya Technologies Ltd.)

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty five seventy (6570), nor less than forty five fifty (4550), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day of the Observation Period relating to such Redemption Date date pursuant to clause (B) of the definition of Observation Period); provided, however, that if, in accordance with Section 5.03(A)(i)(3), the Company has elected to settle all Exchanges conversions of Notes with an Exchange a Conversion Date that occurs during on or after such Redemption Notice Date and on or before the related second (2nd) Scheduled Trading Day immediately before the Redemption Exchange Period Date by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen thirty (1530), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Bloom Energy Corp)

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty fifty five (6555), nor less than forty thirty five (4535), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day of the Observation Period relating to such Redemption Date date pursuant to clause (B) of the definition of Observation Period); provided, however, that if, in accordance with Section ‎Section 5.03(A)(i)(3), the Company has elected to settle all Exchanges of conversions for Notes called for Redemption with an Exchange a Conversion Date that occurs during the related Redemption Exchange Conversion Period by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen thirty (1530), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Lucid Group, Inc.)

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty forty five (6545), nor less than forty twenty five (4525), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day of the Observation Period relating to such Redemption Date date pursuant to clause (B) of the definition of Observation Period); provided, however, that if, in accordance with Section 5.03(A)(i)(3), the Company has elected to settle all Exchanges conversions of Notes with an Exchange a Conversion Date that occurs during on or after such Redemption Notice Date and on or before the related second (2nd) Scheduled Trading Day immediately before the Redemption Exchange Period Date by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen thirty (1530), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Bloom Energy Corp)

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty forty five (6545), nor less than forty twenty five (4525), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day of the Observation Period relating to such Redemption Date date pursuant to clause (B) of the definition of Observation Period); provided, however, that if, in accordance with Section 5.03(A)(i)(3), the Company has elected to settle all Exchanges of conversions for Notes called for Redemption with an Exchange a Conversion Date that occurs during the related Redemption Exchange Conversion Period by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen thirty (1530), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Marathon Digital Holdings, Inc.)

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty five (65), nor less than forty five (45), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day of the Observation Period relating to such Redemption Date date pursuant to clause (B) of the definition of Observation Period); provided, however, that if, in accordance with Section 5.03(A)(i)(3), the Company has elected to settle all Exchanges of conversions for Notes called for Redemption with an Exchange a Conversion Date that occurs during the related Redemption Exchange Conversion Period by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen thirty (1530), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Cryoport, Inc.)

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty five fifth (6565th), nor less than forty five fifth (4545th), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, understood for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day day of the Observation Period relating to such Redemption Date pursuant to clause (Bii) of the definition of Observation Period); provided. However, however, that if, in accordance with Section 5.03(A)(i)(3), if the Company has elected to settle all Exchanges conversions of Notes with an Exchange a Conversion Date that occurs during on or after such Redemption Notice Date and on or before the second Scheduled Trading Day immediately before the related Redemption Exchange Period Date by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen (15), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Lemaitre Vascular Inc)

Redemption Date. The Redemption Date for any Redemption will be a Business Day of the Company’s choosing that is no more than sixty five fifty (6550), nor less than forty five thirty (4530), Scheduled Trading Days after the Redemption Notice Date for such Redemption (it being understood, for the avoidance of doubt, that such Redemption Notice Date will be at least four (4) Scheduled Trading Days before the first VWAP Trading Day of the Observation Period relating to such Redemption Date date pursuant to clause (B) of the definition of Observation Period); provided, however, that if, in accordance with Section 5.03(A)(i)(35.03(A)(iii), the Company has elected to settle all Exchanges conversions of Notes with an Exchange a Conversion Date that occurs during on or after such Redemption Notice Date and on or before the related second (2nd) Scheduled Trading Day immediately before the Redemption Exchange Period Date by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day no more than sixty (60), nor less than fifteen thirty (1530), calendar days after such Redemption Notice Date.

Appears in 1 contract

Sources: Indenture (Bloom Energy Corp)