Examples of Termination Redemption Date in a sentence
The price for the redemption of a vested Class B Unit of an Affected Member pursuant to this Section 11.1 following an Affected Member’s termination of employment without Cause, for Good Reason or by reason of death or Disability shall be the Class B Redemption Payment, determined as of the applicable Termination Redemption Date.
The Corporation shall instead, to the extent it is legally permitted to do so, pay a cash amount (computed to the nearest cent) to each Holder that would otherwise be entitled to a fraction of a share of Common Stock based on the Average VWAP per share of Common Stock over the five consecutive Trading Day period beginning on, and including, the seventh Scheduled Trading Day immediately preceding the Acquisition Termination Redemption Date.
If the Corporation provides such notice of an Acquisition Termination Redemption to Holders, then, on the Acquisition Termination Redemption Date, the Corporation shall be required to redeem the Series A Preferred Stock, in whole but not in part, at a redemption amount per share of Series A Preferred Stock equal to the Acquisition Termination Make-whole Amount.
If the Corporation shall mail such notice of Acquisition Termination Redemption to Holders, on the Acquisition Termination Redemption Date, the Corporation shall be required to redeem the Mandatory Convertible Preferred Stock, in whole but not in part, at a redemption amount per share of Mandatory Convertible Preferred Stock equal to the Acquisition Termination Make-whole Amount.
Notwithstanding the foregoing, installments of interest on the 2023 Notes that are due and payable on Interest Payment Dates falling on or prior to an Acquisition Termination Redemption Date shall be payable on the Interest Payment Date to the Persons in whose name the 2023 Notes are registered at the close of business on the relevant record date according to the 2023 Notes and the Indenture.
On or before the Acquisition Termination Redemption Date for the 2023 Notes, the Company shall deposit with the Trustee or a Paying Agent, funds sufficient to pay the Acquisition Termination Redemption Price of the 2023 Notes to be redeemed on the Acquisition Termination Redemption Date, and (except if the Acquisition Termination Redemption Date shall be an Interest Payment Date) accrued interest, if any.
If the Corporation provides notice of Acquisition Termination Redemption to Holders, then, on the Acquisition Termination Redemption Date, the Corporation will redeem the shares of Mandatory Convertible Preferred Stock, in whole, but not in part, at a redemption amount per share of Mandatory Convertible Preferred Stock equal to the Acquisition Termination Make-Whole Amount.
The Corporation shall instead pay a cash adjustment to each Holder that would otherwise be entitled to a fraction of a share of Common Stock based on the Average VWAP per share of Common Stock over the five consecutive Trading Day period beginning on, and including, the sixth Scheduled Trading Day immediately preceding the Acquisition Termination Redemption Date.
The Corporation shall instead pay a cash adjustment (rounded to the nearest cent) to each Holder that would otherwise be entitled to a fraction of a Common Share based on the average VWAP per Common Share over the five consecutive Trading Day period beginning on, and including, the seventh Scheduled Trading Day immediately preceding the Acquisition Termination Redemption Date.
Upon the Acquisition Termination Redemption Date for the 2023 Notes, interest shall cease to accrue on the 2023 Notes unless the Company defaults in the payment of the Acquisition Termination Redemption Price and accrued interest, if any.