Common use of Optional Redemption Price Clause in Contracts

Optional Redemption Price. The "OPTIONAL REDEMPTION PRICE" shall mean the principal amount of this Debenture being redeemed MULTIPLIED BY the Optional Redemption Percentage. The "OPTIONAL REDEMPTION PERCENTAGE" shall mean, where "X" represents the Issue Date: Number of Months After Issue Date Optional Redemption Percentage ---------------- ------------------------------ 36 [smaller than] X [smaller than or equal to] 48 103% 48 [smaller than] X [smaller than or equal to] 60 100%

Appears in 1 contract

Sources: Debenture Agreement (Genzyme Corp)

Optional Redemption Price. The "OPTIONAL REDEMPTION PRICE" shall mean the principal amount of this Debenture being redeemed MULTIPLIED BY the Optional Redemption Percentage. The "OPTIONAL REDEMPTION PERCENTAGE" shall mean, where "X" represents the Issue Date: Number of Months After Issue Date Optional Redemption Percentage ---------------- ------------------------------ 36 [smaller than] < X [smaller than or equal to] <= 48 103% 48 [smaller than] < X [smaller than or equal to] <- 60 100%

Appears in 1 contract

Sources: Debenture Agreement (Genzyme Corp)