Initial Redemption Notice definition
Examples of Initial Redemption Notice in a sentence
Except as provided in Section 6.17(c) below, on or after the close of business on the Redemption Date, each holder of Redemption Units (whether Tendered Units or Mandatory Units) shall surrender to the Company the certificate or certificates representing such Redemption Units, in the manner and at the place designated in the Initial Redemption Notice or the Mandatory Redemption Notice, as applicable.
The Company shall then complete the redemption within thirty (30) days after the date of the Initial Redemption Notice Date (the actual completion date of the redemption, the “Redemption Date”).
The Company shall ensure that all redemptions of the Redemption Shares be carried out in accordance with this Section 7.02, in any event completed within one hundred and twenty (120) days from the Initial Redemption Notice Date.
The Company shall, within ten (10) Business Days after the Initial Redemption Notice, give a written notice to the other Preferred Holders, stating the existence of the Initial Redemption Notice and the closing date of the redemption estimated by the Company, which closing date shall be within one hundred and twenty (120) days after the Initial Redemption Notice Date (the actual completion date of the redemption, the “Redemption Date”)).
The Holder may require the Company to redeem any or all shares of Series A Preferred Stock held by the Holder by delivering an optional redemption notice to the Company substantially in the form attached as Annex L to the Main Agreement (the first such notice, the "Initial Redemption Notice," and each subsequent such notice a "Subsequent Redemption Notice." The Initial Redemption Notice and any Subsequent Redemption Notice are referred to herein as a "Redemption Notice").