Series H Redemption definition

Series H Redemption shall have the meaning set forth in Section 21.5.A.
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Series H Redemption means the Redemption (as defined in the Series H Certificate of Designation) of any shares of Series H Preferred Stock.
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Examples of Series H Redemption in a sentence

  • Upon the Corporation’s receipt of written notice of any Series H Redemption, the Corporation shall redeem all of the Preferred Shares for an amount in cash equal to the Liquidation Amount of such Preferred Shares (the “ Mandatory Redemption”) unless, and only to the extent that, any Holder of Preferred Shares gives written notice to the Corporation of such Holder’s election to have less than all or none of its Preferred Shares so redeemed.

  • If the Redemption is executed prior to or simultaneously with any Series H Redemption or any Series I Redemption, the Corporation shall pay all Holders of Preferred Shares any amounts payable pursuant to such Redemption prior to any payments made in respect of any Junior Liquidation Shares.

  • If the Corporation does not have sufficient funds legally available to redeem all shares to be redeemed at a Series H Redemption Date, then it shall redeem such shares on a pro rata basis (based on the portion of the aggregate Series H Redemption Price payable to them) to the extent possible and shall redeem the remaining shares to be redeemed as soon as sufficient funds are legally available.

  • On or before 105 days prior to each Series H Redemption Date, the Corporation shall conduct a vote of the holders of the Series H Preferred with regard to whether to effectuate the redemption provision as of the then forthcoming Series H Redemption Date.

  • Should a majority of the then outstanding shares of the Series H Preferred approve that redemption no less than 75 days prior to each Redemption Date the Company shall send a notice (a "Series H Redemption Notice") to all holders of Series H Preferred to be redeemed, setting forth (i) the Series H Redemption Price for the shares to be redeemed and (ii) the place at which such holders may obtain payment of the Series H Redemption Price upon surrender of their share certificates.

  • The Series H Preferred to be redeemed on any Series H Redemption Date shall be redeemed by paying for each share in cash an amount equal to the same amount per share as would be payable if there were to be a Liquidation Event, plus a 10% per annum "redemption value," compounded on each Series H Redemption Date, plus declared and unpaid dividends with respect to such shares (the "Series H Redemption Price").

  • The Corporation shall send a copy of such Series H Redemption Notice to each holder of Series I Preferred and Series J Preferred concurrently with its delivery to the holders of the Series H Preferred.

  • Notwithstanding any Series H Redemption Notice, there shall be no redemption of any Series H Preferred Stock called for redemption until funds sufficient to pay the full Series H Redemption Price of such Series H Preferred Stock shall have been deposited by the Corporation with the Paying Agent.

  • If the requisite holders of the then outstanding Series I Preferred Stock thereafter deliver a Series I Redemption Request to this corporation within thirty (30) days of this corporation’s delivery of such notice, this corporation shall cause the Series I Redemption Date to occur on the Series H Redemption Date (as defined below), Series G Redemption Date (as defined below) or the Senior Redemption Date (as defined below), as the case may be.

  • The Series H Redemption Price shall be paid by the Paying Agent to the Series H Holders on the Series H Redemption Date.

Related to Series H Redemption

  • Series A Redemption Date has the meaning set forth in Section 16.6.

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

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Make-Whole Redemption Amount means the sum of:

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.