Common use of Redemption upon Maturity Clause in Contracts

Redemption upon Maturity. Unless previously redeemed, purchased and cancelled or converted in accordance with the Convertible Bond Conditions, the Issuer shall redeem all outstanding Convertible Bonds held by the Convertible Bond Holder on the Maturity Date without the need for such Convertible Bond Holder to serve any notice, at the Redemption Amount (as defined below).

Appears in 1 contract

Sources: Amendment Agreement (InFinT Acquisition Corp)

Redemption upon Maturity. Unless previously redeemed, purchased and cancelled or converted exchanged in accordance with the Convertible Exchangeable Bond Conditions, the Issuer shall redeem all outstanding Convertible Exchangeable Bonds held by the Convertible Exchangeable Bond Holder on the Maturity Date without the need for such Convertible Exchangeable Bond Holder to serve any notice, at the Redemption Amount (as defined below).

Appears in 1 contract

Sources: Amendment Agreement (InFinT Acquisition Corp)