Right to Redeem the Notes Sample Clauses

The 'Right To Redeem the Notes' clause grants the issuer or, in some cases, the noteholder the ability to repay the outstanding principal of the notes before their scheduled maturity date. This typically involves the issuer notifying noteholders within a specified period and paying any required redemption premium or accrued interest. The clause provides flexibility for the issuer to manage debt obligations proactively, often to take advantage of favorable market conditions or to reduce interest costs, thereby addressing the need for financial agility and risk management.
Right to Redeem the Notes. Subject to the terms of this Section 4.03, the Company has the right, at its election, to redeem all, but not less than all, of the Notes, at any time on or after December 19, 2024, for a cash purchase price equal to the Redemption Price, but only if the Last Reported Sale Price per share of Common Stock exceeds one hundred and fifty percent (150%) of the Conversion Price on (i) each of at least twenty (20) Trading Days (whether or not consecutive) during the thirty (30) consecutive Trading Days ending on, and including, the Trading Day immediately before the Redemption Notice Date for such Redemption; and (ii) the Trading Day immediately before such Redemption Notice Date.
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Right to Redeem the Notes. (a) The Company may at any time prior to the 61st Scheduled Trading Day immediately preceding the Maturity Date redeem all, but not part, of the Notes outstanding if 90% or more of the aggregate principal amount of Notes issued on the date of original issuance shall have been previously purchased or converted (the "Call Option") at a redemption price, payable in cash on the date of redemption (the "Call Option Redemption Date"), equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon, to, but not including, the Call Option Redemption Date (the "Redemption Price"), unless the Call Option Redemption Date falls after a Regular Record Date but on or prior to the Interest Payment Date to which such Regular Record Date relates, in which case the Company shall instead pay the full amount of accrued and unpaid interest to Holders of record as of such Regular Record Date, and the Redemption Price shall be equal to 100% of the principal amount of Notes to be redeemed pursuant to this Article 11; provided however, that, on or after February 1, 2023, the Company may only elect to exercise the Company's Call Option if the Company has elected Physical Settlement as the Settlement Method for conversions after February 1, 2023 pursuant to Section 9.02. (b) If the Company exercises the Call Option, the Company must notify the Trustee and the Holders (in the case of the Holders, through the facilities of the Depository) no later than twenty Business Days before the Call Option Redemption Date (the "Call Option Notice").
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Right to Redeem the Notes. (a) Prior to December 15, 2019 the Company may not redeem the Notes. On or after December 15, 2019, and prior to the Maturity Date, the Company may redeem (a “Redemption”) all, but not less than all, of the Notes on the Redemption Date for an amount of cash equal to the Redemption Price for such Redemption Date if the Last Reported Sale Price of the Common Stock equals or exceeds 140% of the Conversion Price in effect on each of at least 20 Trading Days during the 30 consecutive Trading Day period ending on the Trading Day immediately preceding the date on which the Company delivers the Redemption Notice for such redemption pursuant to Section 9.03 hereof.
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Right to Redeem the Notes. Subject to the terms of this Section 4.03, the Company has the right, at its election, to redeem all, or any portion in an Authorized Denomination, of the Notes, at any time and from time to time, on a Redemption Date on or before the thirtieth (30th) Scheduled Trading Day immediately before the Maturity Date, for a cash purchase price equal to the Early Redemption Price, but only if the Last Reported Sale Price per share of Class A Common Stock exceeds one hundred and thirty percent (130%) of the Conversion Price on (i) each of at least twenty (20) Trading Days (whether or not consecutive) during the thirty (30) consecutive Trading Days ending on, and including, the Trading Day immediately before the Redemption Notice Date for such Redemption; and (ii) the Trading Day immediately before such Redemption Notice Date. For the avoidance of doubt, the calling of any Notes for Redemption will constitute a Make-Whole Fundamental Change with respect to such Notes pursuant to clause (B) of the definition thereof. Furthermore, for the avoidance of doubt, for purposes of this Section 4.03(B), the Conversion Price shall be determined without regard to the second proviso in the definition of First Anniversary VWAP.
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Right to Redeem the Notes. Subject to the terms of this Section 4.03, the Company has the right, at its election, to redeem all but not part of the Notes at any time, and from time to time, on a Redemption Date for a cash purchase price equal to the relevant Redemption Price.
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Right to Redeem the Notes. Subject to the terms of this Section 4.03, the Company has the right, at its election, to redeem a portion, in Authorized Denominations, of the Notes not to exceed the following amounts: (i) on one or more Redemption Dates occurring after the Issue Date and on or before the six-month anniversary of the Issue Date, up to $25,000,000 aggregate principal amount of Notes; and (ii) on one or more Redemption Dates occurring after the six-month anniversary of the Issue Date and on or before the eighteen-month anniversary of the Issue Date, up to $25,000,000 aggregate principal amount of Notes; in each case, for a cash purchase price equal to the relevant Redemption Price; provided that the Company may only elect to redeem Notes in accordance with this Section 4.03(A) if the aggregate Redemption Price in respect of such redemption will be paid from, and not in excess of, the aggregate cash proceeds of a Qualified Common Stock Offering. For the avoidance of doubt, the Company shall have no right to redeem the Notes after the eighteen-month anniversary of the Issue Date, except in respect of a Mandatory Offer.
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Right to Redeem the Notes. Subject to the terms of this Section 4.03, the Company has the right, at its election, to redeem all (but not less than all) of the Notes, at any time, on a Redemption Date on or after the Redemption Commencement Date and on or before the tenth (10th) Business Day thereafter, for a cash purchase price equal to 100% of the principal amount, plus accrued and unpaid interest, if any, to and including the Redemption Date. The Company shall not repay, defease, discharge, repurchase or otherwise retire the Notes during such period unless the Company simultaneously repays all the Loans under the Credit Agreement.
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Right to Redeem the Notes. (a) Prior to the one year anniversary of the Issue Date, the Company may not redeem the Notes. On or after the one year anniversary of the Issue Date, and prior to the Maturity Date, the Company may redeem (a “Redemption”) all or a part of the Notes, from time to time, on the Redemption Date for an amount of cash equal to the Redemption Price for such Redemption Date.
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Right to Redeem the Notes 
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Related to Right to Redeem the Notes

  • Right of the Company to Redeem the Notes The Company will have the right to redeem the Notes for cash in the manner, and subject to the terms, set forth in Section 4.03 of the Indenture.

  • Right to Redeem The Board of Directors of the Company may, at its option, at any time prior to a Trigger Event, redeem all but not less than all of the then outstanding Rights at a redemption price of $.01 per Right, appropriately adjusted to reflect any stock split, stock dividend, recapitalization or similar transaction occurring after the date hereof (such redemption price being hereinafter referred to as the "Redemption Price"), and the Company may, at its option, pay the Redemption Price in Common Shares (based on the "current per share market price," determined pursuant to Section 11.4, of the Common Shares at the time of redemption), cash or any other form of consideration deemed appropriate by the Board of Directors. The redemption of the Rights by the Board of Directors may be made effective at such time, on such basis and subject to such conditions as the Board of Directors in its sole discretion may establish.

  • Right to Redeem; Notices to Trustee 20 SECTION 3.02 Selection of Securities to Be Redeemed...........................20 SECTION 3.03

  • Election to Redeem; Notice to Trustee The election of the Company to redeem any Securities shall be evidenced by or pursuant to a Board Resolution. In case of any redemption at the election of the Company of less than all of the Securities of any series, the Company shall, at least 45 days prior to the giving of the notice of redemption in Section 1104 (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date and of the principal amount of Securities of such series to be redeemed. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officers' Certificate evidencing compliance with such restriction.

  • Election To Redeem; Notices to Trustee If the Issuer elects to redeem Notes pursuant to paragraph 6 of the Notes, at least 45 days prior to the Redemption Date (unless a shorter notice shall be agreed to in writing by the Trustee) but not more than 65 days before the Redemption Date, the Issuer shall notify the Trustee in writing of the Redemption Date, the principal amount of Notes to be redeemed and the redemption price, and deliver to the Trustee an Officers’ Certificate stating that such redemption will comply with the conditions contained in paragraph 6 of the Notes. Notice given to the Trustee pursuant to this Section 3.01 may not be revoked after the time that notice is given to Holders pursuant to Section 3.03.