Company Redemption definition

Company Redemption shall have the meaning set forth in Section 6(b);

Company Redemption has the meaning set forth in Section 7(a).

Company Redemption means a Cap Amount Redemption, Stock Price Redemption or Tax Redemption, as the context permits or requires.

Examples of Company Redemption in a sentence

• In the event the Holder elects to convert all or any portion of the Company Redemption Amount prior to the applicable Installment Date as set forth in the immediately preceding sentence, the Company Redemption Amount so converted shall be deducted from the Installment Amounts relating to the applicable Installment Dates as set forth in the applicable Conversion Notice.

• The Company Conversion Amount (whether set forth in the Company Installment Notice or by operation of this Section 8) shall be converted in accordance with Section 8(b) and the Company Redemption Amount shall be redeemed in accordance with Section 8(c).

• In the event the Holder elects to convert all or any portion of the Company Redemption Amount prior to the applicable Installment Date as set forth in the immediately preceding sentence, the Company Redemption Amount so converted shall be deducted from the Installment Amounts relating to the applicable Installment Date(s) as set forth in the applicable Conversion Notice.

• Notwithstanding anything to the contrary in this Section 8(c), but subject to Section 3(d), until the Company Installment Redemption Price (together with any interest thereon) is paid in full, the Company 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.

• If the Company elects a Company Redemption, then the Company Redemption Amount which is to be paid to the Holder on the applicable Company Redemption Date shall be redeemed by the Company on such Company Redemption Date, and the Company shall pay to the Holder on such Company Redemption Date, by wire transfer of immediately available funds, an amount in cash equal to the Company Redemption Amount.

More Definitions of Company Redemption

Company Redemption shall have the meaning ascribed to such term in Section 11(b) hereof.

Company Redemption shall have the meaning assigned in Section (3)(a).

Company Redemption shall have the meaning set forth in Section D(1) of Article IV. 1 $188,878,552, less the amount of Non-Core Asset proceeds received prior to closing.

Company Redemption shall have the meaning set forth in Section D(1) of Article IV.

Company Redemption. Subject to the holder's right to first convert to common stock, if for a period of 30 consecutive trading days the Company's common stock has traded at or above 300% of the Original Purchase Price, the New Preferred Stock may be redeemed by the Company in whole at any time after the fifth anniversary of the closing of the issuance of the Series E Preferred Stock at a price, payable in cash, equal to (i) in the case of the Series D Preferred Stock, the sum of the Original Purchase Price plus accrued and unpaid dividends and (ii) in the case of the Series E Preferred Stock, the greater of (a) the sum of the Original Purchase Price plus accrued and unpaid dividends that would have accrued thereon if the dividend rate was 8% for the first year and 12% thereafter for all periods prior to such redemption and (b) the then fair market value of the number of shares of company common stock into which such share is then deemed to be convertible as described under “Rate of Conversion” above.

Company Redemption means the mandatory redemption of outstanding shares of the Company held by shareholders in the Company other than CRG under Section 176 of the BVI Business Companies Act, 2004 and in accordance with applicable Law, following which CRG shall hold all of the issued and outstanding shares of the Company (provided that such definition shall not include any related dissent or appraisal process.)

Company Redemption means, collectively, a Company Dividend Increase Redemption, a Company Optional Redemption and a Company Merger Termination Redemption.