Redemption at the Option of the Corporation. The Debentures shall be redeemable by the Corporation in accordance with the terms of Article 4, provided that the Debentures will not be redeemable by the Corporation on or prior to June 10, 2019, except in the event of the satisfaction of certain conditions after a Change of Control has occurred as outlined in Section 2.3(l). From June 10, 2019 and prior to the Maturity Date, the Debentures shall be redeemable, in whole at any time, or in part from time to time, at the option of the Corporation on notice as provided for in Section 4.3 at a redemption price equal to the principal amount thereof plus accrued and unpaid interest up to the Redemption Date, provided that the Current Market Price on the date immediately prior to the date the Redemption Notice is given exceeds 130% of the Conversion Price and the Corporation shall have provided to the Trustee an Officer’s Certificate confirming such Current Market Price.
Appears in 2 contracts
Sources: Trust Indenture (NexGen Energy Ltd.), Trust Indenture