Applicability of Right of Redemption Sample Clauses

Applicability of Right of Redemption. Redemption of Securities (other than pursuant to a sinking fund, amortization or analogous provision) permitted by the terms of any series of Securities shall be made (except as otherwise specified pursuant to Section 3.01 for Securities of any series) in accordance with this Article; provided, however, that if any such terms of a series of Securities shall conflict with any provision of this Article, the terms of such series shall govern.
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Applicability of Right of Redemption. 29 Section 4.02. Selection of Securities to be Redeemed. 29 Section 4.03. Notice of Redemption. 30 Section 4.04. Deposit of Redemption Price. 31 Section 4.05. Securities Payable on Redemption Date. 31 Section 4.06. Securities Redeemed in Part. 31 ARTICLE V SINKING FUNDS Section 5.01. Applicability of Sinking Fund. 31
Applicability of Right of Redemption. 44 Section 4.02.
Applicability of Right of Redemption. 26 * The Table of Contents is not a part of the Indenture. Section 4.02 Selection of Securities to be Redeemed 26 Section 4.03 Notice of Redemption 27 Section 4.04 Deposit of Redemption Price 27 Section 4.05 Securities Payable on Redemption Date 27 Section 4.06 Securities Redeemed in Part 28 ARTICLE V SINKING FUNDS Section 5.01 Applicability of Sinking Fund 28 Section 5.02 Mandatory Sinking Fund Obligation 28 Section 5.03 Optional Redemption at Sinking Fund Redemption Price 29 Section 5.04 Application of Sinking Fund Payment 29 ARTICLE VI PARTICULAR COVENANTS OF THE COMPANY Section 6.01 Payments of Securities 30 Section 6.02 Paying Agent 30 Section 6.03 To Hold Payment in Trust 31 Section 6.04 Merger, Consolidation and Sale of Assets 32 Section 6.05 Compliance Certificate 33 Section 6.06 Conditional Waiver by Holders of Securities 33 Section 6.07 Statement by Officers as to Default 34 ARTICLE VII REMEDIES OF TRUSTEE AND SECURITYHOLDERS Section 7.01 Events of Default 34 Section 7.02 Acceleration; Recission and Annulment 35 Section 7.03 Other Remedies 37 Section 7.04 Trustee as Attorney-in-Fact 38 Section 7.05 Priorities 38 Section 7.06 Control by Securityholders; Waiver of Past Defaults 39 Section 7.07 Limitation on Suits 39 Section 7.08 Undertaking for Costs 40 Section 7.09 Remedies Cumulative 40 ARTICLE VIII CONCERNING THE SECURITYHOLDERS Section 8.01 Evidence of Action of Securityholders 41 Section 8.02 Proof of Execution or Holding of Securities 41 Section 8.03 Persons Deemed Owners 42 Section 8.04 Effect of Consents 42 ARTICLE IX SECURITYHOLDERS’ MEETINGS Section 9.01 Purposes of Meetings 42 Section 9.02 Call of Meetings by Trustee 43 Section 9.03 Call of Meetings by Company or Securityholders 43 Section 9.04 Qualifications for Voting 43 Section 9.05 Regulation of Meetings 43 Section 9.06 Voting 44 Section 9.07 No Delay of Rights by Meeting 44 ARTICLE X REPORTS BY THE COMPANY AND THE TRUSTEE AND SECURITYHOLDERS’ LISTS Section 10.01 Reports by Trustee 45 Section 10.02 Reports by the Company 45 Section 10.03 Securityholders’ Lists 45 ARTICLE XI

Related to Applicability of Right of Redemption

  • Suspension of Right of Redemption If, as referred to in Section 2 of this Article, the Trustees postpone payment of the redemption price and suspend the right of Shareholders to redeem their Shares, such suspension shall take effect at the time the Trustees shall specify, but not later than the close of business on the business day next following the declaration of suspension. Thereafter Shareholders shall have no right of redemption or payment until the Trustees declare the end of the suspension. If the right of redemption is suspended, a Shareholder may either withdraw his request for redemption or receive payment based on the Net Asset Value per Share next determined after the suspension terminates.

  • Right of Redemption The Securities may be redeemed at the election of the Company, in the amounts, at the times, at the Redemption Prices (together with any applicable accrued and unpaid interest to the Redemption Date), and subject to the conditions specified in the form of Security and hereinafter set forth.

  • Effect of Redemption If the Board of Directors elects or is deemed to have elected to redeem the Rights, (i) the right to exercise the Rights will thereupon, without further action and without notice, terminate and the only right thereafter of the holders of Rights shall be to receive the Redemption Price, and (ii) subject to Subsection 5.1(f) no further Rights shall be issued.

  • Waiver of Redemption Tenant hereby waives, for itself and all persons claiming by and under Tenant, all rights and privileges which it might have under any present or future Legal Requirement to redeem the Premises or to continue this Lease after being dispossessed or ejected from the Premises.

  • Waiver of Redemption Rights Subscriber hereby waives any and all rights to redeem the Shares for a portion of the amounts held in the trust account into which substantially all of the proceeds of the IPO will be deposited (the “Trust Account”) in the event of the Company’s failure to timely complete an initial business combination, an extension of the time period to complete an initial business combination or upon the consummation of an initial business combination. For purposes of clarity, in the event Subscriber purchases shares of Common Stock included in the Units issued in the IPO (“Public Shares”), either in the IPO or in the aftermarket, any Public Shares so purchased shall be eligible to be redeemed for a portion of the amounts held in the Trust Account in the event of the Company’s failure to timely complete an initial business combination (but, for the avoidance of doubt, not in connection with an extension of the time period to complete an initial business combination or upon the consummation of an initial business combination).

  • Waiver of Redemption by Tenant Tenant hereby waives, for Tenant and for all those claiming under Tenant, any and all rights now or hereafter existing to redeem by order or judgment of any court or by any legal process or writ, Tenant’s right of occupancy of the Premises after any termination of this Lease.

  • Effect of Notice of Redemption Once notice of redemption is mailed in accordance with Section 3.03 hereof, Notes called for redemption become irrevocably due and payable on the redemption date at the redemption price. A notice of redemption may not be conditional.

  • Deposit of Redemption Price Prior to any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 1003) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Securities which are to be redeemed on that date.

  • Mechanics of Redemption If the Corporation elects to redeem any of the Holders’ Series A Preferred Stock then outstanding, it shall do so by delivering written notice thereof via facsimile and overnight courier (“Notice of Redemption at Option of Corporation”) to each Holder, which Notice of Redemption at Option of Corporation shall indicate (A) the number of shares of Series A Preferred Stock that the Corporation is electing to redeem and (B) the Corporation Redemption Price (plus the premium for early redemption pursuant to Section 6(b) if applicable).

  • Payment of Redemption Price Upon the Company's receipt of a Notice(s) of Redemption at Option of Holder from any Holder, the Company shall within one (1) Business Day of such receipt notify each other Holder by facsimile of the Company's receipt of such notice(s). The Company shall deliver on the fifth (5th) Business Day after the Company's receipt of the first Notice of Redemption at Option of Holder (the "Holder Optional Redemption Triggering Event Redemption Date") by wire transfer of immediately available funds, an amount in cash equal to the applicable Holder Optional Redemption Triggering Event Redemption Price to all Holders that deliver a Notice of Redemption at Option of Holder prior to the fifth (5th) Business Day after the Company's receipt of the first Notice of Redemption at Option of Holder, to the extent not paid by means of the Holder drawing on its Letter of Credit (as defined in the Securities Purchase Agreement). To the extent redemptions required by this Section 3 are deemed or determined by a court of competent jurisdiction to be prepayments of the Preferred Shares by the Company, such redemptions shall be deemed to be voluntary prepayments. If the Company is unable to redeem all of the Preferred Shares submitted for redemption, the Company shall redeem a pro rata amount from each Holder based on the number of Preferred Shares submitted for redemption by such Holder relative to the total number of Preferred Shares submitted for redemption by all Holders. The Holders and Company agree that in the event of the Company's redemption of any Preferred Shares under this Section 3, the Holders' damages would be uncertain and difficult to estimate because of the parties' inability to predict future interest rates and the uncertainty of the availability of a suitable substitute investment opportunity for the Holders. Accordingly, any redemption premium due under this Section 3 is intended by the parties to be, and shall be deemed, a reasonable estimate of the Holders' actual loss of its investment opportunity and not as a penalty.

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