Common use of Special Redemption Clause in Contracts

Special Redemption. In the event that (i) the Merger Agreement is terminated or (ii) the Transactions are not closed on or before January 31, 2005 (each a "Special Mandatory Redemption Event"), then the Company will redeem the Securities, in whole but not in part, within two Business Days' notice, at a redemption price in cash equal to 100% of the Accreted Value of the Securities to, but excluding, the Special Redemption Date pursuant to the terms of the Discount Securities Escrow Agreement. The "Special Redemption Date" means the second Business Day after the first Special Mandatory Redemption Event. Any redemption made pursuant to this Section 3.07 shall be made pursuant to the procedures set forth in the Discount Securities Escrow Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Marquee Holdings Inc.), Merger Agreement (Amc Entertainment Inc)

AutoNDA by SimpleDocs

Special Redemption. In the event that (i) the Merger Agreement is terminated or (ii) the Transactions are not closed on or before January 31, 2005 2005, (each a "Special Mandatory Redemption Event"), then the Company will redeem the Securities, in whole but not in part, within two Business Days' notice, at a redemption price in cash equal to 100% of the Accreted Value issue price of the Securities plus accrued and unpaid interest to, but excluding, the Special Redemption Date pursuant to the terms of the Discount Securities Floating Rate Notes Escrow Agreement. The "Special Redemption Date" means the second Business Day after the first Special Mandatory Redemption Event. Any redemption made pursuant to this Section 3.07 shall be made pursuant to the procedures set forth in the Discount Securities Floating Rate Notes Escrow Agreement.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Inc)

Special Redemption. In the event that (i) the Merger Agreement is terminated or (ii) the Transactions are not closed on or before January 31, 2005 (each a "Special Mandatory Redemption Event"), then the Company will redeem the Securities, in whole but not in part, within two Business Days' notice, at a redemption price in cash equal to 100% of the Accreted Value issue price of the Securities plus accrued and unpaid interest to, but excluding, the Special Redemption Date pursuant to the terms of the Discount Securities Fixed Rate Notes Escrow Agreement. The "Special Redemption Date" means the second Business Day after the first Special Mandatory Redemption Event. Any redemption made pursuant to this Section 3.07 shall be made pursuant to the procedures set forth in the Discount Securities Fixed Rate Notes Escrow Agreement.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Inc)

Special Redemption. In the event that (i) the Merger Agreement is terminated or (ii) the Transactions are not closed on or before January 31, 2005 2005, (each a "Special Mandatory Redemption Event"), then the Company will redeem the Securities, in whole but not in part, within two Business Days' notice, at a redemption price in cash equal to 100% of the Accreted Value issue price of the Securities plus accrued and unpaid interest to, but excluding, the Special Redemption Date pursuant to the terms of the Discount Securities Floating Rate Notes Escrow Agreement. The "Special Redemption Date" means the second Business Day after the first Special Mandatory 30 Redemption Event. Any redemption made pursuant to this Section 3.07 shall be made pursuant to the procedures set forth in the Discount Securities Floating Rate Notes Escrow Agreement.

Appears in 1 contract

Samples: Merger Agreement (Amc Entertainment Inc)

AutoNDA by SimpleDocs

Special Redemption. In the event that (i) the Merger Agreement is terminated or (ii) the Transactions are not closed on or before January 31, 2005 (each a "Special Mandatory Redemption Event"), then the Company will redeem the Securities, in whole but not in part, within two Business Days' notice, at a redemption price in cash equal to 100% of the Accreted Value issue price of the Securities plus accrued and unpaid interest to, but excluding, the Special Redemption Date pursuant to the terms of the Discount Securities Fixed Rate Notes Escrow Agreement. The "Special Redemption Date" means the second Business Day after the first Special Mandatory Redemption Event. Any redemption made pursuant to this Section 3.07 shall be made pursuant to the procedures set forth in the Discount Securities Fixed Rate Notes Escrow Agreement.

Appears in 1 contract

Samples: Merger Agreement (Amc Entertainment Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.