The affirmative defense would seek to prevent the foreclosure of the taxpayers redemption rights
while one counterclaim would seek injunctive relief ordering the municipality to reconvey the taxpayers property, and the second would seek damages for the wrongful misappropriation of the property.
Additionally, NMM has agreed to relinquish its redemption rights
relating to preferred stock it owns in ApolloMed.
Payment of proceeds of the commission-free sale of redemption rights
is expected to be made to the relevant shareholders around 3 March 2017.
00, to a premium that better reflects current market conditions, the addition of certain redemption rights
, the addition of certain provisions required under the US Trust Indenture Act, as well as other amendments that the Company may determine would be beneficial to the Company and the Debenture holders.
It also develops and manages its own or third party's customer loyalty program, as well as sells redemption rights
of awards related to the loyalty program.
There will be no redemption rights
with respect to the company's warrants.
Subject to market conditions and other factors, the interest rate, conversion rate, offering price, redemption rights
and other terms will be determined by negotiations among the company and the initial purchasers of the notes.
The shares of Series B common stock and redemption rights
will immediately be freely tradable as separate securities.
Moreover, creditors and bondholders could obtain early redemption rights
of up to R500b as a result of the deal.
The Tax Court held that a corporation could deduct forbearance payments made to its shareholders in return for their promise not to exercise their stock redemption rights
under the first two of several agreements.
The corporate charter provided for dividends on both series of the preferred stock as well as redemption rights
to the preferred stockholders (the investors).
That is, they'll probably want a three- or four-year period, and in venture capital terms, that would typically be the time before redemption rights