Mandatory Redemption Amount

Mandatory Redemption Amount. Shall mean 100% of the principal amount of the Note being redeemed, plus all accrued and unpaid interest on such principal amount through the date of payment, provided that if (a) the Holder is electing to redeem this Note following an Event of Default pursuant to Section 6.1(a) of PST Document CN, or (b) the Holder elects to redeem this Note following an Event of Default pursuant to any other clause of Section 6.1 of PST Document CN and the Company fails to pay such Mandatory Redemption Amount... within 30 days thereafter, then the Mandatory Redemption Amount shall mean, and be automatically increased to, 120% of the principal amount of the Note being redeemed, plus all accrued and unpaid interest on such principal amount through the date of payment. View More