Examples of Redemption Period in a sentence
The current length of this Redemption Period is 30 calendar days.
In the event of a Liquidity Event or on the date of the Maximum Redemption Period, the Investor will have the right, but not the obligation, to convert the Contribution into shares, again without voting rights, in the Company (“Conversion”), observing the provisions of this clause Fourth.
In the event a foreclosure on Collateral for any Loan occurs after the Cut-Off Date, or occurred on or before the Cut-Off Date but the Redemption Period had not expired on or before the Cut-Off Date, the Transferor will convey to the Company all of the Transferor’s right, title and interest as of the Closing Date in and to such Loan and the related Deficiency Balance, if any, together with the net proceeds, if any, of such foreclosure sale.