Examples of Premium Redemption Price in a sentence

In lieu of receiving the Monthly Delay Payment as provided above, a Holder shall have the right but not the obligation to elect to have the Company redeem its Securities at a price equal to the Premium Redemption Price.
If such cash payment is not paid in full within three (3) Trading Days following the Automatic Redemption Date, then the Corporation shall redeem all outstanding Preferred Shares for cash at the Premium Redemption Price (as defined in the Registration Rights Agreement).
At any time after the first anniversary of date hereof, under certain circumstances and in accordance with certain procedures to be agreed upon between the Issuers and the Holders, the Issuers shall at the option of the Holder (delivered by notice to the Issuers at least two (2) Business Days prior to the redemption date) (a) pay to the Holder the Par Redemption Price and issue to the Holder a Redemption Warrant, or (b) pay to the Holder the Premium Redemption Price.
If an Event of Default specified in Section 6(a)(ii) occurs, all of the Notes shall automatically and immediately become due and payable at the Premium Redemption Price.
After the expiration of such 3 full 30 day periods, the Investor shall be immediately entitled to sell the applicable Securities to the Company at the Premium Redemption Price.

More Definitions of Premium Redemption Price

Premium Redemption Price means as to the Convertible Notes:

Premium Redemption Price has the meaning attributed thereto in Section (iv)1(B);

Premium Redemption Price means 110 per cent. of the Principal Amount of the Securities plus any accrued but unpaid Distributions and any Arrears of Distribution (including any amount of distributions accrued thereon in accordance with Condition 4.5(a)).

Premium Redemption Price means 110% of the Debenture Amount.

Premium Redemption Price means

Premium Redemption Price is equal to 1.3865 (i.e., 1 DIVIDED BY .72125) times the following: the sum of $25 times the number of Preferred Shares which cannot be converted plus accrued and unpaid dividends thereon (with dividends deemed accrued on a per diem basis through the date of such purchase even if such date is not a Dividend Payment Date (as defined in the Designation)) plus any default payments owing to such Holder pursuant to this Agreement. The "Deficiency" shall be equal to the number of Preferred Shares that would not be able to be converted for Common Shares, due to an insufficient number of Common Shares available, if all the outstanding Preferred Shares were submitted for conversion at the Conversion Price set forth in the Designation as of the date such Deficiency is determined.

Premium Redemption Price shall have the meaning set forth in Section 2(b)(i)(B).