Contingent Redemption definition

Contingent Redemption. If an investor elects not to extend, the issuer may call that portion of the note, in whole or in part, in increments of $1,000, with not more than 20, nor less than 15 days notice at a redemption price equal to 100% of the principal amount together with accrued and unpaid interest to the applicable contingent redemption date.
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Contingent Redemption. If an investor elects not to extend with respect to any Election Date, the issuer may call that portion of the note in whole or in part in increments of $1,000, with not more than 20, nor less than 15 days notice, at a redemption price equal to 100% of the principal amount together with accrued and unpaid interest to the applicable contingent redemption date. Settlement & Form of Note: Book-entry DTC Authorized Denominations: $1,000 and integral multiples of $1,000 in excess thereof. Issue Price: 100.00% Fees: 15 bps
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Examples of Contingent Redemption in a sentence

  • For the avoidance of doubt, any Mandatory Contingent Redemption Amount will be subject to a Redemption Premium payable pursuant to Clause 6.5.1 or Clause 6.5.2.

  • On any date during the term of this Agreement, an amount equal to the lesser of (a) the Unreimbursed Sales Commission Amount and (b) the Contingent Redemption Amount, in each case as determined by the Bank by reference to the most recent Borrowing Base Report delivered to the Bank Borrowing Base Report.

  • The note so issued will have the same terms as the Notes, except that it will not be extendible, will have a separate CUSIP number, its maturity date will be the date that is 366 calendar days from, and including, such Election Date or, if such 366th calendar day is not a Business Day, the immediately preceding Business Day and will be subject to Contingent Redemption as described below.

  • In addition, the Company shall not take any action against the Trustee for any malfeasance or other such wrongdoing in connection with the dispute or resolution of the proper party entitled to the Contingent Redemption Payment.

  • The Company shall be entitled to a release to it of all funds in the Secured Escrow Account upon presentation to the Securities Intermediary of the Final Order (with a copy to the Trustee) to the effect that the Contingent Redemption Payment is $0.

  • Contingent Redemption Upon a Change of Control..............................................33 9.04.

  • In the event of an occurrence of a Liquidity Event or an Optional Contingent Redemption (as defined in the Certificate of Designations) of Convertible Participating Preferred Stock (an "OCR"), all unvested Time Options shall become fully vested and exercisable.

  • The Short-Term Note will have the same terms as this Note, except that it will not be extendible, will have a separate CUSIP number, will be subject to Contingent Redemption (as defined below) and its maturity date will be the earlier of the Initial Stated Maturity Date or such later Corresponding Maturity Date related to the relevant Election Date on which this Note was not extended.

  • If the Corporation gives notice of a Contingent Redemption and the Triggering Event (as defined above) does not occur within 180 days of the date upon which the Corporation gave notice of the Contingent Redemption, such redemption shall be void and the Corporation shall treat the Series A as though such notice of redemption had never been given.

  • The Corporation may, in its sole and absolute discretion, issue a Contingent Redemption (as defined above) on any or all Series A shares.

Related to Contingent Redemption

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days' written notice.

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.