Monthly Redemption Amount definition

Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

Monthly Redemption Amount means, as to a Monthly Redemption, one-fourth of the original principal amount at 120% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

Monthly Redemption Amount means, as to a Monthly Redemption, $______1.

Examples of Monthly Redemption Amount 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 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.

• Unless otherwise indicated by the Holder in the applicable Notice of Conversion, any principal amount of this Debenture converted during the applicable Monthly Redemption 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 Share Amount.

More Definitions of Monthly Redemption Amount

Monthly Redemption Amount means, as to a Monthly Redemption, one fifteenth (1/15th) of the Original Principal Amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note. The Monthly Redemption Amount shall be equal to ninety-two percent (92%) of the average of the three lowest VWAPs in the ten Trading Days prior to the Monthly Redemption Date, or, at the Company’s option, in cash with a premium of eight percent of the Monthly Redemption Amount.

Monthly Redemption Amount means the redemption price per Class A Unit equal to the lesser of : (i) 94% of the Market Price of a Class A Unit and (ii) 100% of the Closing Market Price of a Class A Unit on the applicable Monthly Redemption Date less, in each case, any costs associated with the redemption, including brokerage costs, and less and net realized capital gains or income of the Fund that is distributed to a Unitholder concurrently with the proceeds of disposition on redemption.

Monthly Redemption Amount means, as to a Monthly Redemption, the sum of (i) an amount equal to 1/6 of the outstanding principal amount of this Debenture held by the Holder, as determined on the day immediately prior to the commencement of the Maturity Date Extension Period and (ii) accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture as of the date in question.

Monthly Redemption Amount means, as to a Monthly Redemption, 1/18 of the then outstanding Principal Amount.

Monthly Redemption Amount means, as to a Monthly Redemption, 1/36th of the original principal amount in the aggregate.

Monthly Redemption Amount means the redemption price per Class A Unit equal to the lesser of:

Monthly Redemption Amount in Section 1 shall be amended such that, in addition to the sum of all liquidated damages and any other amounts then owing to the Holder in respect of this Debenture, the respective Monthly Redemption Amount shall be the following amount for the Holder: