Cash Redemption Price definition

Cash Redemption Price means, with respect to any shares of Class K Preferred Stock to be redeemed, (i) if the Redemption Date occurs during the period from and including February 20, 2002, to but excluding February 18, 2003, 102% of the Liquidation Preference thereof, and (ii) if the Redemption Date occurs on or after February 18, 2003, 100% of the Liquidation Preference thereof, plus, in the case of clause (i) or (ii), all accumulated, accrued and unpaid dividends (whether or not earned or declared), if any, to the Redemption Date.
Cash Redemption Price means the Cash Redemption Price as defined in Section 3(a). "Class A Preferred Shares" means the Class A Preferred Shares of the Corporation.
Cash Redemption Price means $1,000 per share of Series B Preferred Stock.

Examples of Cash Redemption Price in a sentence

  • The Corporation shall pay the applicable Cash Redemption Price in immediately available funds to the Holder on the Redemption Date.

  • If any holder fails to timely give an Election Notice to the Company, the holder shall be deemed to have elected to have such Series C Preferred Stock redeemed for cash at the Cash Redemption Price.

  • Notwithstanding anything to the contrary in this Section 10(b), but subject to Section 3(d), until the Holder Optional Cash Redemption Price (together with any interest thereon) is paid in full, the Holder Optional Cash Redemption Amount (together with any interest thereon) may be converted, in whole or in part, by the Holder into Common Stock pursuant to Section 3.

  • Upon the date fixed for redemption, the Company shall either set aside cash funds having a value equal to the aggregate Cash Redemption Price for the shares of Series C Preferred Stock to be redeemed or issue shares of Class A Common Stock in the number required to pay the Stock Redemption Price.

  • In the event that the Corporation shall default in its payment of the Redemption Price (as defined in Section 5(b) below) or if it shall have insufficient funds legally available to pay the Cash Redemption Price (as defined in Section 5(b) below) under Section 5(c), the Corporation shall promptly give written notice thereof to each holder of Preferred Stock.


More Definitions of Cash Redemption Price

Cash Redemption Price has the meaning set forth in Section 2.02.
Cash Redemption Price means, with respect to any Exchange, the arithmetic average of the volume weighted average prices for a share of Class A Common Stock on the New York Stock Exchange, or any other exchange or automated or electronic quotation system on which the Class A Common Stock trades, as reported by Bloomberg, L.P., or its successor, for each of the twenty (20) consecutive full Trading Days ending on and including the last full Trading Day immediately prior to the applicable Exchange Date, subject to appropriate and equitable adjustment for any stock splits, reverse splits, stock dividends or similar events affecting the Class A Common Stock. If the Class A Common Stock no longer trades on the New York Stock Exchange or any other securities exchange or automated or electronic quotation system as of any particular Exchange Date, then the Manager (through a majority of its directors who are disinterested) shall determine the Cash Redemption Price in good faith.
Cash Redemption Price means the Cash Redemption Price as defined in Section 3(b).
Cash Redemption Price has the meaning attributed thereto in Section (iv)1(B);
Cash Redemption Price means, for any Notes to be redeemed pursuant to Section 3.03(b), the sum of (i) 100% of the principal amount of such Notes to be redeemed, (ii) accrued and unpaid interest thereon to, but excluding, the Redemption Date (unless the Redemption Date falls after a Record Date but on or prior to the immediately succeeding Interest Payment Date, in which case interest accrued to the Interest Payment Date will be paid by the Company to Holders of record of such Notes as of the close of business on such Record Date on, or at the Company’s election, before, such Interest Payment Date, and the Redemption Price will be equal to 100% of the principal amount of such Notes) and (iii) the Make-Whole Premium.
Cash Redemption Price has the meaning set forth in Section 6(a) of this Statement of Designation
Cash Redemption Price of any Share as of any date of determination means the Liquidation Value thereof plus all accrued and unpaid dividends thereon, and, in the case that the Corporation is prohibited under any Funded Debt arrangement from redeeming the Shares pursuant to Section 3A, the Cash Redemption Price shall be the sum of the Liquidation Value of any Share as of any date of determination, all accrued and unpaid dividends thereon, and the Cash Dividend.