Redemption Mechanics. Notwithstanding anything herein to the contrary, in connection with any redemption under this Certificate of Designations at a time a Holder is entitled to receive a cash payment under any of the other Transaction Documents, at the option of such Holder delivered in writing to the Corporation, the applicable Redemption Price hereunder shall be increased by the amount of such cash payment owed to such Holder under such other Transaction Document and, upon payment in full or conversion in accordance herewith, shall satisfy the Corporation’s payment obligation under such other Transaction Document. In the event of a redemption of less than all of the Preferred Shares, the Corporation shall promptly cause to be issued and delivered to such Holder a new Preferred Share Certificate (in accordance with Section 17) representing the number of Preferred Shares which have not been redeemed. In the event that the Corporation does not pay the applicable Redemption Price to a Holder within the time period required for any reason (including to the extent such payment is prohibited pursuant to the NRS), at any time thereafter and until the Corporation pays such unpaid Redemption Price in full, such Holder shall have the option, in lieu of redemption, to require the Corporation to promptly return to such Holder all or any of the Preferred Shares that were submitted for redemption and for which the applicable Redemption Price (together with any Late Charges thereon) has not been paid. Upon the Corporation’s receipt of such notice, (x) the applicable Redemption Notice shall be null and void with respect to such Preferred Shares, and (y) the Corporation shall immediately return the applicable Preferred Share Certificate, or issue a new Preferred Share Certificate (in accordance with Section 17(d)), to such Holder, and in each case the Additional Amount of such Preferred Shares shall be increased by an amount equal to the difference between (1) the applicable Redemption Price (as the case may be, and as adjusted herein, if applicable) minus (2) the Stated Value portion of the Conversion Amount submitted for redemption.
Redemption Mechanics. On the CPE Redemption Date the following shall occur:
Redemption Mechanics. Unless a timely Retraction Notice has been delivered to the Company with a copy to CPE prior to the Redemption Date as set forth in Section 9.1(c), on the Redemption Date the following shall occur:
Redemption Mechanics. (i) Subject to the satisfaction of any contingency described in Section 3.6(a)(ii)(C) that is specified in the relevant Redemption Notice, the Redemption shall be completed on the Redemption Date; provided, that if a valid Cash Election has not been made, the Redeeming Member may, at any time prior to the Redemption Date, revoke its Redemption Notice by giving written notice (the “Retraction Notice”) to the Company (with a copy to PubCo); provided, however, that in no event may the Redeeming Member deliver more than one Retraction Notice in any calendar quarter. The timely delivery of a Retraction Notice shall terminate all of the Redeeming Member’s, the Company’s and PubCo’s (and, as applicable, any other member of the PubCo Holdings Group’s) rights and obligations arising from the retracted Redemption Notice.
Redemption Mechanics. (i) Subject to the satisfaction of any Redemption Contingency that is specified in the relevant Redemption Notice, the Redemption shall be completed on the Redemption Date. A Redemption Notice shall not be revocable or modifiable unless a valid Cash Election has not been made and the Managing Member gives written consent.
Redemption Mechanics. (a) No action is required on the part of any Debenture Holder(s) at the time of redemption of the Debentures. On the relevant Redemption Date, the relevant amounts shall be paid by the Company, in accordance with paragraph 5 (Payments) of this Schedule, to those Debenture Holders whose names appear on the Register of Beneficial Owners as on the Record Date and, for these purposes, a statement issued by the Depository shall be conclusive evidence in respect thereof.
Redemption Mechanics. Prior to the undertaking by Genesis MLP of any contractual obligations to any underwriter or other purchaser to complete any sale of Common Units by Genesis MLP pursuant to this Agreement, the Participating Holders shall transfer to a custodian, pursuant to custodial arrangements satisfactory to Genesis MLP and the Participating Holders, certificates representing Common OLP Units equal to the Aggregate Redemption Number. After the completion of a sale of Common Units by Genesis MLP pursuant to this Agreement, Genesis MLP shall transfer to Genesis OLP the proceeds of the sale of a number of Common Units equal to the Aggregate Redemption Number, net of underwriting discounts and commissions or placement fees, if any, with respect to such sale. Genesis OLP shall thereafter send a notice (a "Redemption Notice") to each Participating Holder that has not withdrawn in accordance with clause (iii) of Section 2.1(a) of this Agreement specifying (i) that the sale is complete and (ii) that Genesis OLP will redeem the Individual Redemption Number of Common OLP Units of such Participating Holder. Within ten (10) days after the date of the Redemption Notice, Genesis OLP shall submit payment of the Redemption Price to the Participating Holders.
Redemption Mechanics. 21. Where the participant has successfully qualified to purchase the Promotion Gift, the participant be contacted via Email/SMS from the Organiser’s relevant partner(s) for delivery details. Any recipient of a Promotion Gift shall be deemed to have forfeited the relevant Promotion Gift if he / she uncontactable on best effort basis with maximum three (3) attempts of which the next two (2) attempts will be made within the next 24 hours from the first attempt.
Redemption Mechanics. (a) Except as otherwise provided in paragraph (b) below, on or after the Redemption Date, each Holder shall surrender to the Company, at the principal office of the Company, or at such other office or agency as the Company may designate by notice to such Holder in writing, all certificates held by the Holder representing the Series A Preferred Shares owned thereby. Upon receipt of any such certificate for Series A Preferred Shares, the Company shall promptly pay the Redemption Price with respect to such shares to the order of the Holder whose name appears on such certificate or certificates, and each surrendered certificate shall be cancelled. In the case of any lost, stolen or destroyed certificate, the Company shall promptly pay the Redemption Price to the Holder of the Series A Preferred Shares that would have been evidenced by such certificate upon such Holder executing an agreement reasonably satisfactory to the Company to indemnify the Company for any loss incurred by it in connection with such lost, stolen or destroyed certificate. In the event the name of the Person appearing on a certificate or certificates surrendered to the Company by a Holder is other than the name of such Holder, the Company shall promptly pay such Holder the Redemption Price with respect to the Series A Preferred Shares evidenced by such certificate or certificates upon the Holder's title to such shares being established to the reasonable satisfaction of the Company.
Redemption Mechanics. On or prior to the Redemption Date, each holder of the Triumph Notes shall surrender such Triumph Notes to the Company, in the manner and at the place designated in the notice required by Section 6.5 of the Triumph Purchase Agreement and thereupon the outstanding principal and accrued interest on such Triumph Notes shall be payable to the order of the person whose name appears on such Triumph Notes as the owner thereof and each surrendered Triumph Note shall be cancelled. From and after the Redemption Date, unless there shall have been a default in the payment of the Redemption Price, all rights of the holders of the Triumph Notes (except the right to receive the Redemption Price without interest upon surrender of their Triumph Notes) shall cease with respect to such Triumph Notes, and such Triumph Notes shall not thereafter be transferred on the books of the Company or be deemed to be outstanding for any purpose whatsoever.
