Redemption Rights definition

Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

Redemption Rights shall have the meaning set forth in Section 2.

Redemption Rights means the rights granted under the Supertel Limited Partnership Agreement to the limited partners to redeem, under certain circumstances, their limited partnership interests for shares of Common Stock (or cash at the option of the Corporation).

Examples of Redemption Rights in a sentence

• Payment of the amounts necessary to satisfy the Redemption Rights properly exercised shall be made as promptly as practical after the consummation of the initial Business Combination.

• Notwithstanding anything to the contrary contained in this Amended and Restated Certificate, there shall be no Redemption Rights or liquidating distributions with respect to any warrant issued pursuant to the Offering.

• Liquidation and Redemption Rights – In the event of any liquidation, dissolution or winding up of the affairs of the Company, whether voluntary or involuntary, the holder of Series A Convertible Preferred Stock is entitled to receive assets of the Company, before the holders of Series B Preferred Stock or Common Stock.

• Each Public Stockholder that does not exercise its Redemption Rights shall retain its interest in the Corporation and shall be deemed to have given its consent to the release of the remaining funds in the Trust Account to the Corporation, and following payment to any Public Stockholders exercising their Redemption Rights, the remaining funds in the Trust Account shall be released to the Corporation.

• IRS Code 7425C for information on IRS’s Redemption Rights and Release of Right of Redemption.

More Definitions of Redemption Rights

Redemption Rights means the rights of stockholders to elect to redeem all or a portion of the public shares into a pro rata portion of the cash held in the Trust Account.

Redemption Rights means the redemption rights provided for in Articles 8 and 49 of the Acquiror Articles of Association.

Redemption Rights means the redemption rights provided for in Section 9.2 of Article IX of the Kensington Certificate of Incorporation.

Redemption Rights means the redemption rights provided for in Section 9.2 of Article IX in the Charter. “SEC” means the United States Securities and Exchange Commission.

Redemption Rights means the rights granted under the Hersha Hospitality Partnership Agreement to the limited partners to redeem, under certain circumstances, their Partnership Units for cash (or, at the option of the Trust, Common Shares).

Redemption Rights means the offer by ENPC to redeem for cash all or a portion of the ENPC Class A common stock held by a holder of ENPC Class A common stock.

Redemption Rights means the redemption rights provided for in Section 9.2 of the Parent Certificate of Incorporation.