Automatic Redemption definition

Automatic Redemption means an automatic redemption pursuant to Section 7(g) of the Series B-1 Certificate of Designation subsequent to a Conversion Election (as defined in the Series B-1 Certificate of Designation), Section 8(c) of the Series B-1 Certificate of Designation or Section 8(c) of the Series B-2 Certificate of Designation.

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Automatic Redemption has the meaning specified in Section 4(g);

Automatic Redemption means an automatic redemption pursuant to Section 7(g) of this Certificate of Designation subsequent to a Conversion Election, Section 8(c) of this Certificate of Designation or Section 8(c) of the Series B-2 Certificate of Designation.

Examples of Automatic Redemption in a sentence

In the case of any notice given in connection with a possible Automatic Redemption Date, such notice will be given contingently and will be withdrawn if the contingency does not occur.
Such notice shall set out the formula for determining the Redemption Price or the Redemption Call Purchase Price, as the case may be, the Automatic Redemption Date and, if applicable, particulars of the Redemption Call Right.
Such notice shall set out the Redemption Price or the Redemption Call Purchase Price, as the case may be, the Automatic Redemption Date and, if applicable, particulars of the Redemption Call Right.
If the Company elects to redeem, on the Termination Date, the Company shall send to the Holders of outstanding Preferred Stock notice (the "Automatic Redemption Notice") via facsimile, with a copy to the Transfer Agent, of its intent to effect an Automatic Redemption of the outstanding Preferred Stock.
Upon the later of such deposit being made and the Automatic Redemption Date, the Exchangeable Shares in respect whereof such deposit shall have been made shall be redeemed and the rights of the holders thereof after such deposit or Automatic Redemption Date, as the case may be, shall be limited to receiving the total Redemption Price for such Exchangeable Shares so deposited, against presentation and surrender of the said certificates held by them, respectively, in accordance with the foregoing provisions.

More Definitions of Automatic Redemption

Automatic Redemption has the meaning specified in General Terms and Conditions 8.2.

Automatic Redemption has the meaning ascribed thereto in Section 7.1 of these share provisions.

Automatic Redemption is defined in Section 4.1(h)(i).

Automatic Redemption shall have the meaning set forth in Section 5.1 of this Agreement.

Automatic Redemption has the meaning ascribed thereto in Section 8.1(b);

Automatic Redemption means the automatic redemption of the Deposit Notes on the Redemption Payment Date, and “Automatically Redeemed” has a corresponding meaning;

Automatic Redemption has the meaning specified in Section 2.1(a).