REDEMPTION PROVISION Sample Clauses

REDEMPTION PROVISION. Subject to section 8 of this set of Additional Terms and Conditions, this Mortgage except for section 24 shall, on request from the Borrower to the Lender in writing, be void:
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REDEMPTION PROVISION. (a) The Issuer may redeem the Notes in full on the Commitment Termination Date through a refinancing. The Issuer shall give notice of its election to pay such Notes in accordance with the terms of the Base Indenture and the Note Purchase Agreement prior to such redemption.
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REDEMPTION PROVISION. ‌ This Charge, except for Section 12, shall, on written request from the Borrower to the Bank, be void upon payment in full by the Borrower to the Bank of the Liabilities, payment of any Taxes, and observance and performance of and compliance with all Liabilities, and when the Borrower has no further liability under any Credit Agreements, and when the Bank has no obligation to make any further advances under any Credit Agreements. The Charge secures or may secure a fluctuating account or accounts and shall not be deemed to have been satisfied or redeemed by any intermediate payment or performance of all or any part of the Liabilities or by reason only that any account or accounts of the Borrower with the Bank cease to be in debit.
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REDEMPTION PROVISION. Subject to section 6 of this set of Additional Terms and Conditions, this Mortgage except for section 22 shall, on request from the Borrower to the Lender in writing, be void on payment to the Lender, on demand, of the Indebtedness and on the observance and performance of all covenants, provisos and conditions required to be observed or performed by the Borrower in respect of the Indebtedness, whether contained in this Mortgage or otherwise.
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REDEMPTION PROVISION. The Notes may be redeemed at any time at the option of the Operating Partnership, in whole or from time to time in part, at a redemption price equal to the sum of (i) the principal amount of the Notes being redeemed plus accrued interest thereon to the redemption date and (ii) the Make-Whole Amount, if any, with respect to such Notes. CLOSING LOCATION: Xxxxxxxx & Xxxxxxxx 0000 Xxxxxxx Xxxx Xxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 NAMES AND ADDRESSES OF UNDERWRITER: Xxxxxxx, Sachs & Co. 00 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 CAPTIONS OF PROSPECTUS: "Description of Notes"
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REDEMPTION PROVISION. The Notes may be redeemed at any time at the option of the Operating Partnership, in whole or from time to time in part, at a redemption price equal to the sum of (i) the principal amount of the Notes being redeemed plus accrued interest thereon to the redemption date and (ii) the Make-Whole Amount, if any, with respect to such Notes. CLOSING LOCATION: Sullxxxx & Xromxxxx 444 Xxxxx Xxxxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxxx 00000 XXMES AND ADDRESSES OF REPRESENTATIVES: Designated Representatives: Goldxxx, Xxchs & Co., Merrxxx Xxxch, Pierce, Fennxx & Xmitx Incorporated, J.P. Xxxxxx Xxxurities Inc. and Morgxx Xxxnxxx & Xo. Incorporated Address for Notices, etc.: Goldxxx, Xxchs & Co. 85 Bxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 XXPTIONS OF PROSPECTUS: "Description of Notes"
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REDEMPTION PROVISION. The Company may redeem the Preferred Stock (i) in whole or in part, from time to time, on any dividend payment date on or after September 30, 2022, at a redemption price equal to $25 per share of Preferred Stock, plus any declared and unpaid dividends, without accumulation of any undeclared dividends, to but excluding the redemption date or (ii) in whole but not in part, at any time within 90 days following a “regulatory capital treatment event,” as described in the preliminary prospectus supplement, dated July 27, 2017, at a redemption price equal to $25 per share of Preferred Stock, plus any declared and unpaid dividends, without accumulation of any undeclared dividends, to but excluding the redemption date. The holders of the Preferred Stock will not have the right to require redemption or repurchase of the Preferred Stock Listing: The Company intends to list the Preferred Stock on the NYSE under the ticker VLYPRB. If the application is approved, trading of the Preferred Stock on NYSE is expected to commence within a 30-day period after the original issuance date of the Preferred Stock Public Offer Price: $25.00 per share Preferred Stock Underwriting Discounts and Commissions (1): 3.15% / $0.7875 per share Preferred Stock Proceeds to the Company (before expenses) (2): $96,850,000 (excluding any exercise of the over-allotment option) CUSIP / ISIN: 000000000 / US9197943056 Book-Running Manager: Xxxxx, Xxxxxxxx & Xxxxx, A Xxxxxx Company Co-Manager: Xxxxx Group, LLC The Company has filed a shelf registration statement (File No. 333-202916) (including base prospectus) and related preliminary prospectus supplements dated July 27, 2017 with the Securities and Exchange Commission (the “SEC”) for the offerings to which this communication relates. Before you invest, you should read the prospectus in that registration statement, and related applicable preliminary prospectus supplement and any other documents that Valley has filed with the SEC for more information about Valley and the offerings. You may get these documents for free by visiting XXXXX on the SEC website at xxx.xxx.xxx. Alternatively, the issuer, any underwriter or any dealer participating in the offerings will arrange to send you the prospectus and the related preliminary prospectus supplement if you request it by calling Xxxxx, Xxxxxxxx & Xxxxx, Inc. toll-free at 800-9661559.
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REDEMPTION PROVISION. The Articles of Association shall provide for the right of the Company to redeem the Class A Share. Such redemption shall only be possible with prior written consent of Hamburg Trust except in the following cases:
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REDEMPTION PROVISION. If, at any time, (i) five or fewer Persons shall be or become the Owners of more than fifty percent (50%) of the value of the total outstanding shares of Preferred and Common Stock of the Corporation (including any rights to acquire Preferred or Common Stock of the Corporation), (ii) a Person shall be or become an Owner of a total number of outstanding shares of Preferred and/or Common Stock of the Corporation (including any rights to acquire Preferred or Common Stock) in excess of the Ownership Limit, excluding, however, any Person acquiring outstanding shares of Common Stock in the Corporation, in exchange for interests in the Partnerships or in the Partnerships’ cash available for distribution held as of the record date of November 8, 1993, in excess of the Ownership Limit as a result of the Corporation’s acquisition of the assets of, or equity interest in, the Partnerships referenced in Section 2.3 of the Articles of Incorporation of the Corporation, or (iii) the Board of Directors shall in good faith be of the opinion that Ownership of the outstanding shares of Preferred and Common Stock of the Corporation has or may become concentrated to an extent that may prevent the Corporation from qualifying as a REIT, then the Board of Directors shall have the power:
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Related to REDEMPTION PROVISION

  • Redemption Provisions Notwithstanding any provision to the contrary contained in the Certificate of Incorporation of Borrower, as amended from time to time (the “Charter”), if, pursuant to the redemption provisions contained in the Charter, Lender is entitled to a redemption of its Warrant, such redemption (in the case of Lender) will be at a price equal to the redemption price set forth in the Charter (the “Existing Redemption Price”). If, however, Lender delivers written notice to Borrower that the then current regulations promulgated under the SBIC Act prohibit payment of the Existing Redemption Price in the case of an SBIC (or, if applied, the Existing Redemption Price would cause the Series C Preferred Stock to lose its classification as an “equity security” and Lender has determined that such classification is unadvisable), the amount Lender will be entitled to receive shall be the greater of (i) fair market value of the securities being redeemed taking into account the rights and preferences of such securities plus any costs and expenses of the Lender incurred in making or maintaining the Warrant, and (ii) the Existing Redemption Price where the amount of accrued but unpaid dividends payable to the Lender is limited to Borrower’s earnings plus any costs and expenses of the Lender incurred in making or maintaining the Warrant; provided, however, the amount calculated in subsections (i) or (ii) above shall not exceed the Existing Redemption Price.

  • Redemption of the Notes SECTION 3.01.

  • Redemption of Notes Section 10.01. Redemption...................................................................53 Section 10.02. Form of Redemption Notice....................................................54 Section 10.03. Notes Payable on Redemption Date.............................................54

  • Redemption and Repurchase; Discharge Prior to Redemption or Maturity This Note is subject to optional redemption, and may be the subject of an Offer to Purchase, as further described in the Indenture. There is no sinking fund or mandatory redemption applicable to this Note. If the Company deposits with the Trustee money or U.S. Government Obligations sufficient to pay the then outstanding principal of, premium, if any, and accrued interest on the Notes to redemption or maturity, the Company may in certain circumstances be discharged from the Indenture and the Notes or may be discharged from certain of its obligations under certain provisions of the Indenture.

  • REDEMPTION OF DEBENTURES Section 3.1. Redemption......................................................................... 16 Section 3.2. Special Event Redemption........................................................... 16 Section 3.3. Optional Redemption by the Company................................................. 17 Section 3.4.

  • Redemption Procedure The payment of cash or issuance of Common Stock, as applicable, pursuant to an Optional Redemption or a Periodic Redemption shall be payable on the Optional Redemption Date or Periodic Redemption Date, as applicable. If any portion of the payment pursuant to an Optional Redemption or Periodic Redemption shall not be paid by the Company by the applicable due date, interest shall accrue thereon at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law until such amount is paid in full. Notwithstanding anything herein contained to the contrary, if any portion of the Optional Redemption Amount or Periodic Redemption Amount remains unpaid after such date, the Holder may elect, by written notice to the Company given at any time thereafter, to invalidate such Optional Redemption or Periodic Redemption, ab initio, and, with respect to the Company’s failure to honor the Optional Redemption, the Company shall have no further right to exercise such Optional Redemption. Notwithstanding anything to the contrary in this Section 6, the Company’s determination to redeem in cash or its elections under Section 6(b) shall be applied ratably among the Holders of Debentures. The Holder may elect to convert the outstanding principal amount of the Debenture pursuant to Section 4 prior to actual payment in cash for any redemption under this Section 6 by the delivery of a Notice of Conversion to the Company.

  • Optional Redemption of Notes Prior to the Par Call Date, the Company may redeem the Notes at its option, in whole or in part, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) (the “Redemption Price”) equal to the greater of (i) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points less (b) interest accrued to but excluding the Redemption Date; and (ii) 100% of the principal amount of the Notes; plus, in either case, accrued and unpaid interest thereon to the Redemption Date. Notwithstanding the foregoing, if the Notes are redeemed on or after the Par Call Date, the Company may redeem the Notes, in whole or in part, at any time or from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date. Notwithstanding the foregoing, if the Redemption Date falls after a Record Date and on or prior to the corresponding Interest Payment Date, the Company will pay the full amount of accrued and unpaid interest, if any, on such Interest Payment Date to the Holder of record at the close of business on the corresponding Record Date (instead of the Holder surrendering its Notes for redemption). The Company shall not redeem the Notes pursuant to this Section 4.1 if on any date the principal amount of the Notes has been accelerated, and such acceleration has not been rescinded or cured on or prior to such date. The Company’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

  • Redemption and Purchase (a) Redemption at maturity Unless previously redeemed or purchased and cancelled as specified below, each Note (including each Index Linked Redemption Note and Dual Currency Redemption Note) will be redeemed by the Issuer at its Final Redemption Amount specified in, or determined in the manner specified in, the applicable Pricing Supplement in the relevant Specified Currency on the Maturity Date.

  • Redemption of Units If the underwriters (the “Underwriters”) in the Company’s initial public offering (the “IPO”) do not exercise in full their over-allotment option to be granted by the Company pursuant to an underwriting agreement by and among the Underwriters and the Company, then either (i) the Company shall redeem from Purchaser, at a redemption price equal to $0.01 per Unit, or (ii) the Purchaser shall forfeit, a number of Units equal to 6,000 multiplied by the percentage of the Underwriters’ over-allotment option that remains unexercised as of the expiration date thereof.

  • No Mandatory Redemption The Company shall not be required to make mandatory redemption payments with respect to the Securities.

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