Redemption by the Corporation. The Series B Preferred Stock shall not be redeemable by the Corporation. In all events, any repurchase or redemption of Series B Preferred Stock shall be subject to the prior approval of the Corporation’s primary federal banking regulator, if required by applicable law or regulation or if such approval is a requirement to the Series B Preferred Stock being classified as Tier 1 capital (or the equivalent) for bank regulatory purposes, together with any other required regulatory approvals.
Redemption by the Corporation. (i) To the extent funds are legally available therefor, on the earlier of (x) March 1, 2010, or if such date is not a Business Day then on the next Business Day, and (y) the date on which a Sale of the Company or a Qualifying Offering occurs, the Corporation shall redeem at the Redemption Price therefor all issued and outstanding shares of Series A Preferred (the events described in any of the above clauses (x) or (y) are each referred to herein as a "Redemption Event").
Redemption by the Corporation. The Series X Preferred Stock shall not be redeemable by the Corporation.
Redemption by the Corporation. For so long as any shares of any series of New Class B Preferred Stock remain outstanding, none of the New Class A Preferred Stock shall be redeemed, in whole or in part, and neither the Corporation nor any affiliate or Subsidiary of the Corporation shall purchase or otherwise acquire any shares of New Class A Preferred Stock prior to the date on which all of the shares of all series of the New Class B Preferred Stock shall have been redeemed. Walnut, a substantial holder of the New Class B Preferred Stock, has stated its desire to exit its investment in the New Class B Preferred Stock at a point in the future, preferably on or around May 31, 2009. The Corporation acknowledges this desire and will assist Walnut in the sale of its New Class B Preferred Stock provided that such sale does not harm the holders of the New Class A Preferred or the Common Stock or the other holders of New Class B Preferred Stock and does not violate any covenants of the Corporation in any Corporation debt instruments that may be in place at such time.
Redemption by the Corporation. The Corporation will have the right, at the Corporation's option, to redeem all or a portion of the shares of Series A Preferred Stock at any time or times after the Issuance Date of such Series A Preferred Stock, at a price per share (the “Redemption Price”) equal to the sum of the following (without duplication): (a) the Original Issue Price, plus (b) any accrued but unpaid Dividends (subject to Section I.C.1 above), plus (c) the Make-Whole Amount (if any, and subject to Section I.C.1 above).
Redemption by the Corporation. 1. The Class E Preferred Stock is not redeemable prior to [the fifth anniversary of the 150th day after the effective date of the Merger]. On and after such fifth anniversary, the Corporation, at its option upon the written notice specified below, may redeem shares of the Class E Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of One Thousand Dollars ($1,000) per share, plus all accrued and unpaid dividends thereon (except as provided in paragraph 2) to the date fixed for redemption (the "Redemption Date") (except with respect to any Class E Excess Preferred Stock (as defined in the
Redemption by the Corporation. (a) The Series A Preferred Stock may not be redeemed, in whole or in part, prior to the third anniversary of the Issue Date. On and after the third anniversary of the Issue Date, the Series A Preferred Stock may be redeemed by the Corporation at any time and from time to time in, whole or in part, at the option of the Corporation, at the Redemption Price.
Redemption by the Corporation. The Converting Preferred Stock shall not be subject to redemption.
Redemption by the Corporation. (a) Subject to applicable Law and the due exercise by either US Gold or Callco of a Redemption Call Right, the Corporation shall on the Redemption Date redeem all of the then outstanding Exchangeable Shares for an amount per share equal to the Exchangeable Share Price on the last Business Day prior to such Redemption Date (the "Redemption Price") which shall be satisfied in full by the Corporation causing to be delivered the Exchangeable Share Consideration representing the Redemption Price.
Redemption by the Corporation. (a) If the Closing Bid Price of the Common Stock of the Company is less than eight dollars ($8.00) per share, the Corporation shall be permitted to redeem for cash or immediately available funds, to the extent permitted under law and provisions of senior and subordinated debt agreements of the Corporation, at any time and from time to time, any or all of the shares of Series A Preferred Stock then outstanding at a price per share equal to the Redemption Price on the date of redemption for which the holder of such Series A Preferred Stock has not delivered Notice of Conversion to the Corporation. Any redemption by the Corporation of less than all shares of Series A Preferred Stock than outstanding shall be pro rata among the holders of the shares of Series A Preferred Stock based upon the number of shares held by each such holder.
