Applicable Redemption Price Sample Clauses

Applicable Redemption Price. The applicable Redemption Price for Optional Redemption is the following:
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Applicable Redemption Price. The redemption price for a Limited Partner’s Units (the “Applicable Redemption Price”) generally will depend on when the Limited Partner presents his Units for redemption and shall be determined as set forth below. If a Limited Partner presents his Units for redemption: (i) during the offering period for the Units, the redemption price for one Unit shall equal the net asset value for one redeemed Unit at the time the redemption request is received, as that value is determined by the General Partner in its sole discretion; (ii) during the Partnership’s operating period, the redemption price for one Unit shall equal the initial investment amount the Limited Partner paid to the Partnership for one redeemed Unit, less all distributions of Distributable Cash from the Partnership to the Limited Partner on account of one redeemed Unit before and on the date of the redemption, other than the payment of the redemption price, and less all Organization and Offering Expenses charged to the Limited Partner on account of one redeemed Unit, if any; or (iii) during the Partnership’s liquidation period, the redemption price for one Unit shall equal the equity for one Unit as set forth on the Partnership’s latest balance sheet before the redemption request, which may be unaudited, less 100% of any distributions made by the Partnership to the Limited Partner on account of one redeemed Unit since the date of the balance sheet and up to and including the date of the redemption, other than the payment of the redemption price. However, if the Units of a deceased Limited Partner are presented to the Partnership for redemption at any time during the Partnership’s term, the redemption price for one Unit shall equal the initial investment amount the deceased Limited Partner paid to the Partnership for one redeemed Unit, less all distributions from the Partnership to the Limited Partner on account of one redeemed Unit before and on the date of the redemption, other than the payment of the redemption price, but without deduction for any Organization and Offering Expenses charged to the deceased Limited Partner on account of one redeemed Unit. No portion of any redemption price for the Units shall be allocated to the Partnership’s name or goodwill.
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Applicable Redemption Price. The Applicable Redemption Price shall be amended as follows: • From June 23, 2026 until the later of (x) June 22, 2027 and (y) the date that Wolfspeed has satisfied its obligations under the new mandatory offer to purchase provision set forth below, 109.875% of the principal amount thereof; • From the later of (x) June 23, 2027 and (y) the date that Wolfspeed has satisfied its obligations under the new mandatory offer to purchase provision set forth below until June 22, 2028, 105.0% of the principal amount thereof; • From June 23, 2028 until June 22, 2029, 103.0% of the principal amount thereof; and • On or after June 23, 2029, 100.0% of the principal amount thereof; plus, in each case, all accrued and unpaid interest on the New Senior Secured Notes to, but excluding, the applicable redemption (or repurchase) date. •
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Applicable Redemption Price. The Redemption price for a Limited Partner's Units (the "Applicable Redemption Price") will depend on when the Limited Partner presents his Units for Redemption and shall be determined as set forth below. If a Limited Partner presents his Units for Redemption: (i) during the Offering Period, the Redemption price for one Unit will equal the net asset value for one Unit at the time the Redemption request is received, as that value is determined by the General Partner in its sole discretion; (ii) during the Reinvestment Period, the Redemption price for one Unit will equal 100% of the Limited Partner's Adjusted Capital Contribution for one Unit, plus 4% for each full twelve-month period since the Limited Partner was admitted as a Limited Partner, less the sum of: (A) 100% of previous distributions made to the Limited Partner on account of one Unit; and (B) 100% of any previous allocations to the Limited Partner of investment tax credit amounts, if any, for one Unit; or (iii) during the Liquidation Period, the Redemption price for one Unit will equal the equity for one Unit as set forth on the Partnership's balance sheet in its most recent Form 10-Q filed before the Redemption request, less 100% of any distributions made to the Limited Partner on account of one Redeemed Unit since the date of the balance sheet.
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Applicable Redemption Price. The applicable Redemption Price for Optional Redemption is the following: Type of Optional Redemption Applicable Optional Redemption Price Privatization Failure Basic Redemption Price (at applicable Return Rate of 19.5%) Liquidation Event Made-Whole Redemption Price Partial Sale Made-Whole Redemption Price Obligor Default which is continuing (other than a Partial Sale or a Liquidation Event) Basic Redemption Price Restructuring Failure Basic Redemption Price Adverse Development Basic Redemption Price Interest Rate Increase in the Concurrent Financing Basic Redemption Price Acceleration of the Concurrent Financing Basic Redemption Price
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Related to Applicable Redemption Price

  • Payment of the Redemption Price Without limiting the Company’s obligation to deposit the Redemption Price by the time proscribed by Section 3.01(B), the Company will cause the Redemption Price for a Note (or portion thereof) subject to Redemption to be paid to the Holder thereof on or before the applicable Redemption Date. For the avoidance of doubt, interest payable pursuant to the proviso to Section 4.03(E) on any Note (or portion thereof) subject to Redemption must be paid pursuant to such proviso.

  • Date Fixed for, and Notice of, Redemption; Redemption Price; Reference Value In the event that the Company elects to redeem the Warrants pursuant to Sections 6.1 or 6.2, the Company shall fix a date for the redemption (the “Redemption Date”). Notice of redemption shall be mailed by first class mail, postage prepaid, by the Company not less than thirty (30) days prior to the Redemption Date (the “30-day Redemption Period”) to the Registered Holders of the Warrants to be redeemed at their last addresses as they shall appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed to have been duly given whether or not the Registered Holder received such notice. As used in this Agreement, (a) “Redemption Price” shall mean the price per Warrant at which any Warrants are redeemed pursuant to Sections 6.1 or 6.2 and (b) “Reference Value” shall mean the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Payment Upon Redemption (a) If the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the series to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption and interest on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with respect to any such Security or portion thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice, said Securities shall be paid and redeemed at the applicable redemption price for such series, together with interest accrued thereon to the date fixed for redemption (but if the date fixed for redemption is an interest payment date, the interest installment payable on such date shall be payable to the registered holder at the close of business on the applicable record date pursuant to Section 2.03). (b) Upon presentation of any Security of such series that is to be redeemed in part only, the Company shall execute and the Trustee shall authenticate and the office or agency where the Security is presented shall deliver to the holder thereof, at the expense of the Company, a new Security of the same series of authorized denominations in principal amount equal to the unredeemed portion of the Security so presented.

  • Optional Redemption The Company may redeem the Securities at any time in whole or in part, at its option, prior to the Par Call Date, at a redemption price as calculated by the Company equal to the greater of: • 100% of the principal amount of the Securities to be redeemed; and • the sum of the present values of the remaining scheduled payments of principal and interest thereon that would be due if the Securities matured on the Par Call Date (exclusive of interest accrued to the date of redemption), discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the then current Treasury Rate plus 15 basis points, plus, in each case, accrued and unpaid interest, if any, on the amount being redeemed to, but excluding the date of redemption. If the Company elects to redeem any Securities on or after the Par Call Date, the Company shall pay an amount equal to 100% of the principal amount of the Securities redeemed, plus accrued and unpaid interest, if any, to, but excluding, the date of redemption. Notice of redemption will be sent at least 10 but not more than 60 days before the redemption date to each holder of record of the Securities to be redeemed at its registered address. The notice of redemption for the Securities will state, among other things, the series and amount of Securities to be redeemed, the redemption date, the redemption price and the place or places that payment will be made upon presentation and surrender of Securities to be redeemed. Unless the Company defaults in the payment of the redemption price, interest will cease to accrue on any Securities that have been called for redemption at the redemption date. If fewer than all of the Securities are to be redeemed at any time, not more than 45 days prior to the redemption date, the particular Securities or portions thereof for redemption from the outstanding Securities not previously called shall be selected in accordance with the procedures of DTC. The Trustee shall have no obligation to calculate any redemption price or premium.