Common use of Redemption of Preferred Stock Clause in Contracts

Redemption of Preferred Stock. (a) The Company may, at any time, redeem, and the holders of the outstanding Preferred Stock shall sell to the Company, at the redemption price equal to the sum of the Liquidation Preference per share plus an amount equal to all accrued and unpaid dividends per share (the "Redemption Price"), all or a portion of the outstanding Preferred Stock.

Redemption of Preferred Stock. (a) The As a condition to the Closing and in accordance with Section 2.1 , the Sellers shall cause the Company mayto redeem (the “Redemption”) all of the Company’s issued and outstanding shares of Series A Redeemable Preferred Stock, at any time, redeem$0.01 par value (the “Preferred Stock”). All of the foregoing issued and outstanding shares of Preferred Stock are collectively referred to as the “Preferred Shares”, and the holders of the outstanding each a “Preferred Stock shall sell to the Company, at the redemption price equal to the sum of the Liquidation Preference per share plus an amount equal to all accrued and unpaid dividends per share (the "Redemption Price"), all or a portion of the outstanding Preferred StockShare”.