Redemption Value definition

Redemption Value means, in respect of a Unit, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.

Redemption Value means, in respect of a Share, the price per Share at which such Share is redeemed, calculated in accordance with the Instrument.

Redemption Value means the cash value of the education savings

Examples of Redemption Value in a sentence

• The balance paid on any Redemption Value, including income not paid from the Principal Account, if any, shall be withdrawn from the Principal Account to the extent that funds are available for such purpose.

• Units received for redemption by the Trustee on any day after the Evaluation Time will be held by the Trustee until the next day on which the New York Stock Exchange is open for trading and will be deemed to have been tendered on such day for redemption at the Redemption Value computed on that day.

• Such purchase shall be made by payment by the Depositor to the Unitholder at the price so bid by making payment therefor to the Unitholder in an amount not less than the Redemption Value on the day of tender not later than the day on which the Units would otherwise have been redeemed by the Trustee to such Unitholder.

• The portion of the Redemption Value which represents income shall be withdrawn from the Principal Account to the extent available.

• The Trustee shall pay to the Unitholder the net proceeds of any such sale on the day on which such Unitholder would otherwise be entitled to receive payment of the Redemption Value hereunder.

More Definitions of Redemption Value

Redemption Value means the balance of the Plan(s) and consists of valid payments received by the Board for the Plan(s) less any fees, usage, withdrawals, and refunds.

Redemption Value means, with respect to any Class A Preferred Stock, the "Redemption Value" for such Class A Preferred Stock set forth in the certificate evidencing such Class A Preferred Stock.

Redemption Value means, in respect of a Listed Class of Units, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.

Redemption Value means the amount, if any, by which the Fair Market Value of one share of Common Stock on the date on which the Stock Option is exercised exceeds the Option Price for such share.

Redemption Value means, in respect of a Listed Class of Shares, the price per Share at which such Share is redeemed, calculated in accordance with the Instrument.

Redemption Value means, in respect of a Unit, the price per Unit at which such

Redemption Value means the cash value of the educational savings account attributable to the sum of the principal invested, the interest earned or losses incurred thereon, less any fees imposed by rule of the board.