Redeemable definition

Redeemable means, with respect to any Equity Interest, any such Equity Interest that (a) the issuer has undertaken to redeem at a fixed or determinable date or dates, whether by operation of a sinking fund or otherwise, or upon the occurrence of a condition not solely within the control of the issuer or (b) is redeemable at the option of the holder.

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Redeemable means, with respect to any capital stock or other ownership or profit interest, Debt or other right or Obligation, any such right or Obligation that (a) the issuer has undertaken to redeem at a fixed or determinable date or dates, whether by operation of a sinking fund or otherwise, or upon the occurrence of a condition not solely within the control of the issuer or (b) is redeemable at the option of the holder.

Redeemable means, with respect to the capital stock of any Person, each share of such Person's capital stock that is:

Examples of Redeemable in a sentence

• Redeemable Statement Credits you earn under a Referral Program will typically be credited to your rewards account within 90 days after you make a successful referral in accordance with these Terms.

• Each Referral Program is designed to provide Redeemable Statement Credits to you for successfully referring your friends and family members (each, a “Referred User”) to one or more Cardless Cards, according to these Terms and any other rules, limits, terms, and conditions applicable to a Referral Program (“Referral Program Terms”).

• Redeemable Statement Credits are applied to the outstanding balance on your Card Account.

• The amount of Redeemable Statement Credits you may earn for each referral will typically be set forth in the advertisement, terms, or other materials describing the Referral Program in effect at any given time, which you can access by logging in to your account within the Cardless mobile application or web application (“Referral Program Materials”).

• The maximum amount of Redeemable Statement Credits available for redemption at any given time will therefore be reduced by the amount of the minimum payment due on your Card Account at that time.

More Definitions of Redeemable

Redeemable shall not be deemed to refer to Offers to Purchase or to repurchases pursuant to Section 4.10 or similar offers or repurchases.

Redeemable and "REDEMPTION" and "PAID", "PAYABLE" and "PAYMENT" shall be construed accordingly; and

Redeemable means, with respect to any capital stock or shares, any such capital stock or shares that (a) the issuer has undertaken to redeem at a fixed or determinable date or dates, whether by operation of a sinking fund or otherwise, or upon the occurrence of a condition not solely within the control of the issuer or (b) is redeemable at the option of the holder; provided, that no such capital stock or shares shall be considered to be Redeemable, or to be Debt, solely pursuant to clause (a) or (b) hereof if the issuer’s undertaking to redeem any such capital stock or shares may be satisfied in full, at its option, by the delivery to the holders thereof of ordinary shares of the Borrower.

Redeemable with respect to the preferred stock of any Person, each share of such Person’s preferred stock that is: (a) redeemable, payable or required to be purchased or otherwise retired or extinguished or convertible into debt of such Person (i) at a fixed or determinable date, whether by operation of sinking fund or otherwise, (ii) at the option of any Person other than such Person, or (iii) upon the occurrence of a condition not solely within the control of such Person; or (b) convertible into other Redeemable preferred stock of such Person.

Redeemable means, with respect to any capital stock or other ownership ---------- or profit interest, Debt or other right or Obligation, any such right or Obligation that (a) the issuer has undertaken to redeem at a fixed or determinable date or dates, whether by operation of a sinking fund or otherwise, or upon the occurrence of a condition not solely within the control of the issuer or (b) is redeemable at the option of the holder.

Redeemable means, as applied to any Preferred Stock, any Preferred Stock that (i) the issuer undertakes to redeem at a fixed or determinable date or dates (other than pursuant to the exercise of an option to redeem by the issuer, if the failure to exercise such option would not materially adversely affect the business, consolidated financial position or consolidated results of operations of the issuer and its subsidiaries taken as a whole), whether by operation of a sinking fund or otherwise, or upon the occurrence of a condition not solely within the control of the issuer, or (ii) is redeemable at the option of the holder.

Redeemable means, with respect to any Equity Interest, any Indebtedness or any other right or obligation, any such Equity Interest, Indebtedness, right or obligation that (a) the issuer has undertaken to redeem at a fixed or determinable date or dates, whether by operation of a sinking fund or otherwise, or upon the occurrence of a condition not solely within the control of the issuer or (b) is redeemable at the option of the holder.