Redemption Default. If the Company defaults on an obligation incurred hereunder to pay a Redemption Price payable pursuant to the terms of this Article III, the Holder may at its option either (i) enforce its right to receive such Redemption Price and receive the additional interest due thereon pursuant to Section 2.1(ii) or (ii) terminate or rescind such attempted redemption.
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Sources: Debenture Agreement (Bearingpoint Inc), Debenture Agreement (Bearingpoint Inc)
Redemption Default. If the Company defaults on an obligation incurred hereunder to pay a Redemption Price redemption price payable pursuant to the terms of this Article IIISection 3, the Holder of any Note subject to such default (i) shall be receive additional interest in an amount equal to 2.0% per annum for each day for which such default continues, and (ii) may at its option either (iA) enforce its right to receive such Redemption Price redemption price and receive the additional interest due thereon pursuant to Section 2.1(iiclause (i) or (iiB) terminate or rescind such attempted redemption.
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