Monthly Redemption Amount definition

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.

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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, $437,127.34, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

Examples of Monthly Redemption Amount in a sentence

• Notwithstanding anything herein contained to the contrary, if any portion of the Optional Redemption Amount or Monthly Redemption Amount remains unpaid after such date, the Holder may elect, by written notice to the Company given at any time thereafter, to invalidate such Optional Redemption or Monthly Redemption, ab initio, and, with respect to the Company’s failure to honor the Optional Redemption, the Company shall have no further right to exercise such Optional Redemption.

• 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, if required by the Securities Act and the rules and regulations promulgated thereunder.

• Any principal amount of this Note converted during the applicable Monthly Conversion Period in excess of the Monthly Redemption Amount shall be applied against the last principal amount of this Note scheduled to be redeemed hereunder, in reverse time order from the Maturity Date.

• The Holder may convert, pursuant to Section 4(a), any principal amount of this Note 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.

More Definitions of Monthly Redemption Amount

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

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

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, $___________.

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, as to a Monthly Redemption, $54,348, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

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.