Redemption Option. (a) Each of the Preferred Shares may, subject to the applicable legal restrictions on the Company’s redemption of its Shares, be redeemed in cash at the option of the holder thereof at any time on or after (i) the date falling on the second (2nd) anniversary of the Issue Date or (ii) the occurrence of a Redemption Event, upon a Redemption Notice (as defined below) from any Preferred Shareholder to the Company. The redemption price for each Preferred Share (“Redemption Price”) shall be equal to the aggregate amount of:
Appears in 2 contracts
Sources: Investment Agreement, Investment Agreement (Sun Wise (UK) Co., LTD)