Redemption For Cash. All, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 below, at a Redemption Price (as defined below) of $0.01 per Warrant, provided that the last reported sale price of the Common Stock reported has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), for any twenty (20) trading days within a thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given and provided that there is an effective registration statement covering the issuance of the shares of Common Stock issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout the 30-day Redemption Period (as defined in Section 6.2 below) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to Section 3.3.1 or 7.4 hereof.
Redemption For Cash. Beginning on the date that is thirty (30) days after the closing of the Business Combination, all, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the Ordinary Shares has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided that there is an effective registration statement covering the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout 30-day Redemption Period (as defined in Section 6.2 hereof) or the Company has elected to require the exercise of the Warrants on a “cashless basis” pursuant to subsection 3.3.1(b) hereof and such cashless exercise is exempt from registration under the Securities Act.
Redemption For Cash. Beginning on the date that is one hundred twenty (120) days after the closing of the Business Combination, all, but not less than all, of the outstanding Warrants may be redeemed for cash, at the option of the Company, at any time during the Exercise Period, at the office of the Warrant Agent, upon notice to the Registered Holders of the Warrants, as described in Section 6.2 hereof, at a Redemption Price of $0.01 per Warrant, provided that the last reported sale price of the Ordinary Shares has been at least $18.00 per share (subject to adjustment in compliance with Section 4 hereof), on each of twenty (20) trading days within the thirty (30) trading day period ending on the third (3rd) trading day prior to the date on which notice of the redemption is given and provided that there is an effective registration statement covering the Ordinary Shares issuable upon exercise of the Warrants, and a current prospectus relating thereto, available throughout such thirty (30) trading day period and the 30-day Redemption Period (as defined in Section 6.2 hereof).
Redemption For Cash. Points may be redeemed for cash. This redemption option requires you to have a valid personal PayPal account that is active and in good standing in PayPal’s sole discretion and has your bank account or debit card linked to it. After you have elected to redeem Points for cash, it can take up to 24 hours for the funds to be sent to your PayPal account. After that, to cash out your funds, you can transfer them to the linked debit card or bank account. Or, if you have a PayPal Balance account, you can hold it as balance for future use. This redemption option is subject to additional terms, as specified in the PayPal Balance Terms and Conditions. If you redeem your Points for cash and your PayPal account has a negative balance, the cash received into your account from the Points redemption will be used to offset the negative balance. Redeeming Points for cash may be considered taxable income. You are responsible for compliance with all applicable tax requirements. You may be asked to provide certain identifying information (like your Social Security Number or Taxpayer Identification Number) for tax purposes.
Redemption For Cash. At any time within 30 days after receipt of notice of the Redemption Price as of the Determination Date (the "Mandatory Redemption Period"), the Holder and each other holder of the Warrants may demand redemption of its Warrant, in whole or in part, at the applicable redemption price by notice to Holdings, payable on the third Business Day after receipt of notice of such demand (any such date, the "Redemption Due Date") in immediately available funds to the Holder upon surrender of this Warrant at the Warrant Agency or, if requested by the Holder, without surrender of this Warrant, by wire transfer to any account in New York City specified by notice to Holdings; provided, however, that Holdings shall not be obligated to redeem this Warrant, and no amount shall be payable by Holdings pursuant to this Section 5.2(b) if, when and to the extent not permitted by any applicable Redemption Limitation. Any amount payable by Holdings hereunder that is not paid when due shall bear interest, payable on demand, for each day until paid at a rate per annum equal to 6.00% per annum plus the "Commercial Paper Rate" (as defined in the form of Redemption Note attached as Annex 1 hereto) for such day. The Holder's right to demand redemption of this Warrant pursuant to this Section 5.2 shall be referred to hereinafter as the Holder's "Mandatory Redemption Right".
Redemption For Cash. If an Effective Election Notice provides that the Company shall redeem shares of Series A Preferred Stock for cash, then such shares shall be redeemed for cash in an amount equal to the product of (x) the Redemption Stock Amount (as defined above) multiplied by (y) the Daily Market Price of Common Stock on the Business Day preceding the date the Redemption Notice is delivered (the ""Redemption Cash Amount"). If there is no Effective Election Notice that provides that the Company shall convert shares of Series A Preferred Stock for cash, then the redemption of such shares shall be for Common Stock, pursuant to Section 6(B)(ii). At such closing, the Holder shall surrender the certificate(s) representing the shares of Series A Preferred Stock to be redeemed to the Company at the address set forth for notices to the Company in Section 19 of the Main Agreement, and the Company shall deliver to the Holder via wire transfer of immediately available U.S. funds cash equal to the aggregate Redemption Cash Amount of such shares. If the Company fails to tender cash as provided in this Section 6(B)(iii) on or before the Redemption Closing Date, then the Holder may, at its sole option (and without limiting any other available remedies at law or in equity) elect to (1) withdraw the Redemption Notice by written notice to the Company and, after such withdrawal, shall have no further obligations with respect to such Redemption Notice and may submit a Redemption Notice or Conversion Notice with respect to the shares referenced in the withdrawn Redemption Notice at any time or (2) receive shares of Registered Common Stock (or, at the sole election of the Holder, unregistered Common Stock) as set forth in Section 6(B)(ii), in which case the Redemption Closing Date shall be the third (3rd) Business Day after and excluding the date on which the Holder notifies the Company in writing of such election.
Redemption For Cash. Subject to the limitations provided herein and in Section 4(c)(i), on any Trading Day on which the closing price per Common Share quoted by the applicable Eligible Market was below US$2.20 on any ten (10) of the previous twenty (20) Trading Days, the Holder will have the right to elect to receive cash repayments on account of Principal and accrued Interest by giving notice in writing to the Company no less than fifteen (15) days in advance of such cash repayment, provided that at the time such notice is given, the aggregate amount of the cash repayment elections made by the Holder under this Section 4(b) in any given calendar month shall not exceed the amount equal to US$3,500,000 less the sum of all redemptions made by the Holder pursuant to Sections 4(c)(iii)(w), (x), and (z) in such calendar month. For greater certainty, if, on the date of the required cash repayment following a notice by the Holder made under this Section 4(b), the closing price per Common Share quoted by the applicable Eligible Market was not below US$2,20 on any ten (10) of the previous twenty (20) Trading Days, the cash repayment is still required to be made. Notwithstanding the foregoing cash repayments under this Section 4(b) shall be limited to an amount equal to $6,940,714.40, less (i) any redemptions made by the Company and Holder pursuant to sections 4(c)(iii)(w), (x), and (z) and less (ii) any previous cash repayments made by the Company.
Redemption For Cash. If CoolSavings elects to so permit, Members ------------------- may redeem Points for cash. The cash redemption amount per Point to be received by the Member shall be mutually agreed upon by the parties; provided however, from each Point redeemed (i) Netcentives shall receive 15% of the RPV as its Guaranteed Margin (as defined in Section 3.6(C) below), and (ii) the Member shall receive the lesser of $0.0085 per Point or the amount mutually agreed upon by Netcentives and CoolSavings (which in no event shall be more than $0.0085 per Point). All set-up, handling costs, postage and other expenses associated with such redemptions for cash shall be paid by CoolSavings.
Redemption For Cash
