Restrictions on Redemption. The Borrower may not redeem any portion of this Note on any date if the principal amount of this Note has been accelerated in accordance with the terms of this Note, and such acceleration has not been rescinded, on or prior to the Redemption Date (except in the case of an acceleration resulting from a Default by the Borrower in the payment of the Redemption Price with respect to this Note).”
Appears in 3 contracts
Sources: Senior Secured Convertible Note Amendment (Virgin Orbit Holdings, Inc.), Senior Secured Convertible Note Amendment (Virgin Orbit Holdings, Inc.), First Amendment to Senior Secured Convertible Note (Virgin Investments LTD)