Holder Optional Redemption Price definition

Holder Optional Redemption Price means the lower of (i) that price which shall be computed as 82.5% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the fifteen (15) consecutive Trading Days immediately preceding the date on which the Holder delivers a Holder Optional Redemption Notice (each such period, a "HOLDER OPTIONAL CONVERSION MEASURING PERIOD") and (ii) the applicable Conversion Price. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Holder Optional Conversion Measuring Period.
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Holder Optional Redemption Price shall have the meaning set forth in Section 7(a) hereof.
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Holder Optional Redemption Price means an amount in cash equal to 100% of the Holder Redemption Amount.
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Examples of Holder Optional Redemption Price in a sentence

  • The Company shall deliver the applicable Holder Optional Redemption Price on the applicable Optional Redemption Date.

  • The Company shall deliver the applicable Holder Optional Redemption Price to the Holder in cash on the applicable Holder Optional Redemption Date.

  • The Company shall deliver the applicable Holder Optional Redemption Price on the applicable Holder Optional Redemption Date.

  • Company Optional Redemptions made pursuant to this Section 10 shall be made redeemed by the Company in cash at a price equal to the applicable Optional Redemption Amount (each such amount, the "Holder Optional Redemption Price" and, collectively with the Event of Default Redemption Price, the Change of Control Redemption Price and the Optional Redemption Price, the "Redemption Prices" and, each a "Redemption Price") in accordance with Section 11.

  • The Company shall deliver the applicable Holder Optional Redemption Price on the applicable Redemption Date.

  • On the applicable Holder Optional Redemption Date, the Company shall deliver or shall cause to be delivered to the Holder the applicable Holder Optional Redemption Price in cash by wire transfer of immediately available funds pursuant to wire instructions provided by the Holder in writing to the Company.

  • Notwithstanding anything to the contrary in this Section 8, but subject to Section 3(d), until the Holder receives the Holder Optional Redemption Price, the Holder Optional Redemption Amount may be converted, in whole or in part, by the Holder into Common Stock pursuant to Section 3, and any such conversion shall reduce the Holder Optional Redemption Amount in the manner set forth by the Holder in the applicable Conversion Notice.

  • The Company shall deliver (A) the Holder Optional Redemption Price to the Holder on the Holder Optional Redemption Date, (B) the Company Optional Redemption Price to the Holder on the Company Optional Redemption Date and (C) the Asset Sale Redemption Price to the Holder on the Asset Sale Redemption Date.

  • The portion of this Note subject to redemption pursuant to this Section 8 shall be redeemed by the Company in cash on the applicable Holder Optional Redemption Date at a price equal to the Holder Optional Redemption Amount being redeemed (the "Holder Optional Redemption Price" and, collectively with the Event of Default Redemption Price and the Change of Control Redemption Price, the "Redemption Prices" and, each a "Redemption Price").

  • The Company shall deliver the Holder Optional Redemption Price to the Holder on the Holder Optional Redemption Date.


More Definitions of Holder Optional Redemption Price

Holder Optional Redemption Price means, as of the date of any redemption pursuant to Section 7(b), an amount per share of Series A Preferred Stock equal to 100% of the Accreted Value of such share of Series A Preferred Stock as of such date.
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Holder Optional Redemption Price means an amount in cash equal to the sum of (A) the Stated Value PLUS (B) an amount equal to the accrued and unpaid dividends on the share of Series A Preferred Stock to be redeemed to the applicable Holder Optional Redemption Date PLUS (C) an amount equal to accrued and unpaid Arrearage Interest, if any, on dividends on such share of Series A Preferred Stock to the applicable Holder Optional Redemption Date.
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Related to Holder Optional Redemption Price

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

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

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.