Optional Redemption Price. The "Optional Redemption Price" to be paid by the Corporation to the Holder in the event of an Optional Redemption shall be equal to (A) (i) the entire unpaid principal amount of this Debenture on the Optional Redemption Date, times (ii) 110% plus (B) all accrued and unpaid interest thereon.
Appears in 1 contract
Sources: Securities Purchase Agreement (Alydaar Software Corp /Nc/)
Optional Redemption Price. The "Optional Redemption Price" to be paid by the Corporation to the each Holder in the event of an Optional Redemption shall be equal to (A) (i) the entire unpaid principal amount aggregate Stated Value of this Debenture on the Preferred Shares held by such Holder as of the Optional Redemption Date, Date times (ii) 110% plus (B) all accrued and unpaid interest Premium thereon.
Appears in 1 contract
Sources: Securities Purchase Agreement (Alydaar Software Corp /Nc/)