Extended Optional Redemption Date definition
Extended Optional Redemption Date means with respect to any portion of this Note to which Section 2.1(e) applies, the date that is 30 Trading Days, after the latest date on which the Restricted Ownership Percentage no longer restricts the Holder’s right to convert the remaining Uncovered Portion, but in no event later than the Final Maturity Date.
Examples of Extended Optional Redemption Date in a sentence
On the applicable Extended Optional Redemption Date, the Company shall pay the Optional Redemption Price for any portion of this Note redeemed on such Extended Optional Redemption Date.
Any portion of this Note for which there is an Extended Optional Redemption Date shall remain convertible by the Holder in accordance with Section 6 at any time to and including the close of business on the Business Day prior to the applicable Extended Optional Redemption Date.
On the Extended Optional Redemption Date, the Company shall pay to the Holder the Optional Redemption Price of the Inconvertible Portion (or portion thereof) outstanding on the Extended Optional Redemption Date and not theretofore converted by the Holder pursuant to Section 6(a).