Common use of Satisfaction of Redemption Clause in Contracts

Satisfaction of Redemption. Any redemption on a Redemption Date in accordance with this Section 7 shall be deemed satisfied upon payment of the Forced Redemption Price in cash to the Holder by the end of the third Trading Day after the Mandatory Redemption Notice is given (the “CoC Redemption Share Delivery Deadline”). For greater certainty, the day that the CoC Redemption Notice is given does not count as a Trading Day.

Appears in 1 contract

Sources: Joinder Agreement (Wood River Capital, LLC)

Satisfaction of Redemption. Any redemption on a Redemption Date in accordance with this Section 7 5 shall be deemed satisfied upon payment of the Forced Optional Redemption Price in cash to the Holder by the end of the third Trading Day after the Mandatory Optional Redemption Notice is given (the “CoC Redemption Share Delivery Deadline”)delivered. For greater certainty, the day that the CoC Optional Redemption Notice is given does shall not count as a Trading Day.

Appears in 1 contract

Sources: Note Purchase Agreement (Li-Cycle Holdings Corp.)

Satisfaction of Redemption. Any redemption on a Redemption Date in accordance with this Section 7 shall be deemed satisfied upon payment of the Forced Redemption Price in cash to the Holder by the end of the third Trading Day after the Mandatory CoC Redemption Notice is given (the “CoC Redemption Share Delivery Deadline”)given. For greater certainty, the day that the CoC Redemption Notice is given does not count as a Trading Day.

Appears in 1 contract

Sources: Note Purchase Agreement (Li-Cycle Holdings Corp.)