Redemption year definition

Redemption year means each calendar year for which verified tax credits associated with a certificate may first be utilized to reduce tax liabilities.
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Redemption year means each calendar year for which certified tax credits associated with a certificate may first be utilized.
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Redemption year means, with respect to Series 2000 Bonds, each twelve month period following March 1 of any year.
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Examples of Redemption year in a sentence

  • Is compatible with national and provincial development plans and planning requirements binding on the municipality in terms of legislation.The STLM’s IDP is also guided by the Constitution, which gives specific powers and responsibilities to local government.


More Definitions of Redemption year

Redemption year means any one-year period commencing on the Closing Date or any yearly anniversary thereof and extending to the day before the next subsequent anniversary. By way of example, the second Redemption Year shall be the one-year period commencing on a date twelve (12) months from the Closing Date.
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Redemption year means each twelve month period following October 1 of any year.
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Redemption year means each twelve month period following December 1 of any year.
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Redemption year means each calendar year for which verified tax credits related to a fund of funds associated with a certificate may first be utilized to reduce tax liabilities. The first redemption year for a fund of funds shall be the calendar year of the redemption date.
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Redemption year means any 12-month period beginning May 1 and ending April 30.
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Redemption year means, with respect to Series 1999 Bonds, each twelve month period following February 1 of any year
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Related to Redemption year

  • Redemption Period shall have the meaning set forth in Section 23(a) hereof.

  • Gross Redemption Yield means, with respect to a security, the gross redemption yield on such security, expressed as a percentage and calculated by the Financial Adviser on the basis set out by the UK Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 4, Section One: Price/Yield Formulae “Conventional Gilts/Double dated and Updated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date” (published 8 June 1998, as amended or updated from time to time) on a semi-annual compounding basis (converted to an annualised yield and rounded up (if necessary) to four decimal places) or on such other basis as the Trustee may approve;

  • Redemption Payment Date As defined in Section 13.1.

  • Redemption Calculation Date means the sixth Payment Business Day prior to the date on which the Notes are redeemed as a result of any event specified in this § 5(3).(b) Notice of redemption shall be given by the Issuer to the Holders in accordance with § 14 and shall be delivered to the Fiscal Agent not less than 15 days before and shall at least specify:

  • Redemption Day means the last Business Day of each week or such other day or days as the Directors may from time to time determine that Participating Shares in the Fund are available for redemption;

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the LS Margin Account Agreement relating to the ETP Securities.

  • Redemption Dates means, collectively, the Event of Default Redemption Dates, and the Optional Redemption Dates, each of the foregoing, individually, a Redemption Date.

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

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Sinking Fund Redemption Date Has the meaning specified in Section 6.06 of the Indenture.

  • Redemption Percentage means:·on any Redemption Order Date, a fraction, expressed as a percentage:–the numerator of which is the aggregate number of Down MacroShares that are being redeemed and the denominator of which is the aggregate number of Down MacroShares that are outstanding prior to the redemption, in the case of the Down MacroShares; and –the numerator of which is the aggregate number of Up MacroShares that are being redeemed and the denominator of which is the aggregate number of Up MacroShares that are outstanding prior to the redemption, in the case of the Up MacroShares; or·on the Final Scheduled Termination Date or an Early Termination Date, a percentage equal to 100%.

  • Early Redemption Factor (k) means the "Early Redemption Factor (k)" as specified in § 1 of the Product and Underlying Data.

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Redemption Cut-Off Time means 5.00 p.m. Dublin time on the Business Day immediately preceding the relevant Dealing Day or such point as the Directors may determine in exceptional circumstances;

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Redemption Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

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