Examples of Redemption Price Per Share in a sentence
Each Option that vests pursuant to this Section 7(d) shall be immediately cancelled in exchange for cash payable by the Company for each Share subject to the cancelled Option equal to the amount, if any, by which the Redemption Price Per Share exceeds the exercise price per Share of the Option.
On the third anniversary of the Closing Date, the Corporation shall redeem only out of funds legally available therefor, all outstanding shares of the Series A Preferred Stock at a price per share equal to the Redemption Price Per Share; provided that such date may be extended (A) up to an additional two years by consent of the Requisite Holders, or (B) for any period of time by consent of all Holders (such redemption, the “Anniversary Based Redemption”).
If Redeemed During the Twelve-Month Period Beginning January 1 Redemption Price Per Share and $20 if redeemed on or after January 1, 1997 together in each case with accumulated and unpaid dividends to the date fixed for redemption.
The shares so presented for redemption shall be deemed to have been redeemed upon delivery to the holder thereof of full payment of the Redemption Price Per Share.
The Corporation shall have the right, but not the obligation, to redeem shares of Series A Preferred Stock (from each Holder on a pro rata basis) from time to time, in part or in whole, out of funds legally available therefor, at a price per share equal to the Redemption Price Per Share (such redemption, the “Optional Redemption”).