Redemption Contract Clauses (3,105)

Grouped Into 13 Collections of Similar Clauses From Business Contracts

This page contains Redemption clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Redemption. At the option of the Corporation, at any time prior to the tenth (10th) anniversary date of the Original Issue Date, the Corporation may redeem the Series B Preferred Stock at a purchase price equal to the Stated Value. The Corporation shall give the holders of the Series B Preferred Stock at least five (5) days prior written notice of its intention to redeem the Series B Preferred Stock. "Original Issue Date" shall mean the dates of issuance of the Series B Preferred Stock.
Redemption. At the option of the Corporation, at any time prior to the tenth (10th) anniversary date of the Original Issue Date, the Corporation may redeem the Series B Preferred Stock at a purchase price equal to the Stated Value. The Corporation shall give the holders of the Series B Preferred Stock at least five (5) days prior written notice of its intention to redeem the Series B Preferred Stock. "Original Issue Date" shall mean the dates of issuance of the Series B Preferred Stock. 4 6. Record Holders.... The Corporation and its transfer agent, if any, for the Series B Preferred Stock may deem and treat the record holder of any shares of Series B Preferred Stock as reflected on the books and records of the Corporation as the sole true and lawful owner thereof for all purposes, and neither the Corporation nor any such transfer agent shall be affected by any notice to the contrary. View More
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Redemption. Holdings, on behalf of the Obligors, may redeem the Notes, in whole or in part, at any time, at its option, at a redemption price equal to the Applicable Percentage of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest on the principal amount of Notes to be redeemed to, but excluding, the redemption date. If less than all of the Notes are to be redeemed, the Notes shall be redeemed on a pro rata basis. The "Applicable Percentage" means (i) in the case of a redempt...ion on or prior to June 12, 2016, 107% or (ii) in the case of a redemption after June 12, 2016, 100%. Notice of any such redemption must be mailed by first-class mail or electronically delivered to the registered holder of the Notes to be redeemed no less than 30 days prior to the redemption date and shall specify the designated redemption date and the aggregate principal amount to be redeemed thereon. Notice of redemption having been given, the Notes to be so redeemed shall, on the redemption date, become due and payable at the redemption price provided for herein, and from and after such date (unless the Obligors shall default in the payment of the redemption price and accrued interest) such Notes shall cease to bear interest. In the event of redemption of this Note in part only, a new Note or Notes for the unredeemed portion hereof will be issued in the name of the holder or holders hereof. View More
Redemption. Holdings, XFit Brands, on behalf of the Obligors, may redeem the Notes, in whole or in part, at any time, at its option, at a redemption price equal to the Applicable Percentage of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest on the principal amount of Notes to be redeemed to, but excluding, the redemption date. If less than all of the Notes are to be redeemed, the Notes shall be redeemed on a pro rata basis. The "Applicable Percentage" means (i) in the case... of a redemption on or prior to June 12, 2016, 107% or (ii) in the case of a redemption after June 12, 2016, 100%. Notice of any such redemption must be mailed by first-class mail or electronically delivered to the registered holder of the Notes to be redeemed no less than 30 days prior to the redemption date and shall specify the designated redemption date and the aggregate principal amount to be redeemed thereon. Notice of redemption having been given, the Notes to be so redeemed shall, on the redemption date, become due and payable at the redemption price provided for herein, and from and after such date (unless the Obligors shall default in the payment of the redemption price and accrued interest) such Notes shall cease to bear interest. In the event of redemption of this Note in part only, a new Note or Notes for the unredeemed portion hereof will be issued in the name of the holder or holders hereof. View More
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Redemption. The Series A Preferred Stock is not redeemable, provided, however, that this Section shall not be construed to prevent the operation of Section 2(c) above.
Redemption. The Series A B Preferred Stock is not redeemable, provided, however, that this Section shall not be construed to prevent the operation of Section 2(c) above.
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