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

Examples of Automatic Redemption in a sentence

  • Automatic Redemption for CREST Reasons If on any date notice is received by or on behalf of the Issuer that a Certificateholder has or will cease to have an account with CREST, any Certificates held by such Certificateholder shall be automatically redeemed as if such Certificateholder had delivery a redemption notice on such date (or if that date is not an Eligible Redemption Valuation Date, the next Eligible Redemption Valuation Date) and Cash Settlement shall apply to such redemption.

  • In the event of an Automatic Redemption Event, only the holders of Public Shares shall be entitled to receive pro rata redeeming distributions from the Trust Account with respect to their Public Shares.

  • A holder of Public Shares shall be entitled to receive distributions from the Trust Account only in the event of an Automatic Redemption Event, an Amendment Redemption Event or in the event he accepts a Tender Redemption Offer or a Redemption Offer where the Business Combination is consummated.

  • Upon such redemption, the Holder will receive a cash payment equal to the Automatic Redemption Value for each Security, which shall be specified in such notice.

  • MEIKE INTERNATIONAL HOLDINGS LIMITEDANNUAL REPORT 2013 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFor the year ended 31 December 201333.


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 shall have the meaning set forth in Section 6(a).