Redemption definition

Redemption means with respect to any Debt, the repurchase, redemption, prepayment, repayment, defeasance or any other acquisition or retirement for value (or the segregation of funds with respect to any of the foregoing) of such Debt. “Redeem” has the correlative meaning thereto.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Redemption has the meaning set forth in Section 6.2(a).

Redemption means the repurchase of any Note by the Company pursuant to Section 4.03.

Examples of Redemption in a sentence

• The Public Warrants may be exercised, for cash (or on a “cashless basis” in accordance with Section 3 of this Agreement) at any time after notice of redemption shall have been given by the Company pursuant to Section 6.2 hereof and prior to the Redemption Date.

• On and after the Redemption Date, the record holder of the Warrants shall have no further rights except to receive, upon surrender of the Warrants, the Redemption Price.

• Each such notice of redemption will state the method by which the payment of the Redemption Price will be made.

• The Company’s obligation to redeem Bonds with respect to Notices of Redemption received in any given Redemption Period (as defined below) is limited to an aggregate principal amount of Bonds during any Redemption Period equal to the 10% Limit (as defined below).

• Redemption notice shall be mailed by first class mail, postage prepaid or transmitted through the facilities of DTC, by the Company not less than thirty (30) days prior to the Redemption Date to the registered holders of the Company Series 1 Warrants to be redeemed at their last addresses as they shall appear on the Warrant Register.

More Definitions of Redemption

Redemption has the meaning set forth in Section 11.01(a).

Redemption shall have the meaning set forth in Section 8.6.A.

Redemption has the meaning in the recitals to this Agreement.

Redemption means a partial or complete redemption of the Share of a Holder.

Redemption means the complete withdrawal of an Interest of a Holder the result of which is to reduce the Book Capital Account balance of that Holder to zero, and the term "redeem" shall mean to effect a Redemption.

Redemption has the meaning set forth in Section 15.1.A hereof.

Redemption means the redemption of any Note by the Company pursuant to Section 4.03.