Monthly Redemption definition

Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.
Monthly Redemption means the redemption of the Debenture pursuant to Section 5(a) hereof.
Monthly Redemption means the monthly redemption of Units as described under “Redemption of Units – Monthly Redemption”.

Examples of Monthly Redemption in a sentence

  • On each Monthly Redemption Date, the Company shall redeem the Monthly Redemption Amount (the “Monthly Redemption”).

  • At any time the Company delivers a notice to the Holder of its election to pay the Monthly Redemption Amount in shares of Common Stock, the Company shall file a prospectus supplement pursuant to Rule 424 disclosing such election.

  • The Company’s determination to pay a Monthly Redemption in cash, shares of Common Stock or a combination thereof shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

  • The Holder may convert, pursuant to Section 4(a), any principal amount of this Debenture subject to a Monthly Redemption at any time prior to the date that the Monthly Redemption Amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder are due and paid in full.

  • Unless otherwise indicated by the Holder in the applicable Notice of Conversion, any principal amount of this Debenture converted during the applicable Monthly Conversion Period until the date the Monthly Redemption Amount is paid in full shall be first applied to the principal amount subject to the Monthly Redemption Amount payable in cash and then to the Monthly Redemption Amount payable in Conversion Shares.


More Definitions of Monthly Redemption

Monthly Redemption means the redemption of the shares of Preferred Stock pursuant to Section 8(a) hereof.
Monthly Redemption means a redemption of Class A Shares pursuant to the procedures described under “Redemption of Class A Shares – Monthly Redemption”.
Monthly Redemption means the redemption of the Preferred Stock pursuant to Section 8(b) hereof.
Monthly Redemption means the redemption of this Debenture pursuant to Section 5(b) hereof.
Monthly Redemption means the monthly redemption of Units as described under “Redemptions - Monthly Redemptions”;
Monthly Redemption means the monthly redemption of Class A Units and Class F Units as described under “Redemption of Class Units – Monthly Redemption”.
Monthly Redemption shall have the meaning set forth in Section 6(b) hereof.