Optional Redemption Condition definition

Optional Redemption Condition means each of the following events:
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Optional Redemption Condition means the conditions required for the Company to cause Notes to be redeemed pursuant toSection 16.01(a). “Optional Redemption Determination Date” shall have the meaning specified in Section 16.01(a).
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Optional Redemption Condition means the conditions required for the Company to cause Notes to be redeemed pursuant to Section 16.01(a).
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Examples of Optional Redemption Condition in a sentence

  • As of the Effective Date, the Company hereby agrees to the Company Limited Waiver and, subject to the continued satisfaction of the Subsequent Placement Optional Redemption Condition by the Company, the Holder hereby grants the Company the Holder Limited Waiver.

  • If a Company Optional Redemption Condition fails (which is not waived in writing by the Holder) on the Company Optional Redemption Date, then the Company Optional Redemption shall be null and void with respect to all or any part designated by the Holder of the unconverted Company Optional Redemption Amount and the Holder shall be entitled to all the rights of a holder of this Note with respect to such amount of the Company Optional Redemption Amount.

  • The Company shall comply with the Subsequent Placement Optional Redemption Condition, and the Company hereby consents and agrees to the Subsequent Placement Optional Redemption Condition.

Related to Optional Redemption Condition

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

  • Optional Redemption shall have the meaning specified in Section 16.01.

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).