Purchase and Redemption of Units Sample Clauses

Purchase and Redemption of Units. At the Closing, GCI shall purchase from AKD 1,350 AKD Common Units, and AKD shall use the proceeds from the sale of such additional AKD Common Units to redeem a like number of AKD Common Units from Parent and the AKD Members in accordance with this Section 2.4. AKD shall first redeem the fractional AKD Common Units issued to the AKD Members pursuant to Section 2.2 and shall use the balance of such proceeds to redeem AKD Common Units from Parent. The price for the purchase and redemption of AKD Common Units pursuant to this Section 2.4 shall be an amount per AKD Common Unit equal to the AKD Net Asset Value (as adjusted pursuant to Section 2.3.2) divided by 2,000 (the “AKD Redemption Price”), payable in cash or immediately available funds to an account designated by AKD (in the case of the purchase by GCI) and by Parent and the AKD Members (in the case of the redemption by AKD) not less than five Business Days before the Closing Date.
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Purchase and Redemption of Units. 2.5. Management Agreement; Profits Interest. 2.6. Operating Agreement.
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Purchase and Redemption of Units. Any purchase or redemption of Contract units pursuant to the use of ProRep(TM) Software or the Touchstone Personalized Asset Allocation program shall be conducted in compliance with the terms and conditions of the prospectuses for the Contracts then in effect. Any such purchase or redemption shall be made solely upon the instructions of the General Agent or the Client. Neither the Company nor the Underwriter have any investment authority over any Client's account.
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Purchase and Redemption of Units. Any purchase or redemption of VA units pursuant to the use of ProRep(TM) Software or the Touchstone Personalized Asset Allocation program shall be conducted in compliance with the terms and conditions of the VA prospectuses then in effect. Any such purchase or redemption shall be made solely upon the instructions of the General Agent or the Client. Neither the VA nor the Underwriter have any investment authority over any Client's account.
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Purchase and Redemption of Units. Any purchase or redemption of contract units pursuant to the Touchstone Personalized Asset Allocation program shall be conducted in compliance with the terms and conditions of the prospectuses for the contracts then in effect. Any such purchase or redemption shall be made solely upon the instructions of the General Agent or the Client. Neither the Company nor Touchstone have any investment authority over any Client's account.
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Purchase and Redemption of Units. The Registrar shall process purchase and redemption applications as well as conversion, switching and transfer applications in accordance with the relevant Offering Document. Based on the prices applicable to the relevant offer or redemption, the Registrar shall determine the number of Units to be issued or redeemed. Under certain circumstances as provided in this Deed, the Management Company may suspend the issue and/or redemption of Units.”
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Purchase and Redemption of Units. (a) Units are purchased at the Offer Price and redeemed at the Redemption Price at any of the Authorized Distribution Offices during Business Hours on any Dealing Day in accordance with the procedure set out in of this Offering Document.
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Related to Purchase and Redemption of Units

  • Redemption of Units If the underwriters (the “Underwriters”) in the Company’s initial public offering (the “IPO”) do not exercise in full their over-allotment option to be granted by the Company pursuant to an underwriting agreement by and among the Underwriters and the Company, then either (i) the Company shall redeem from Purchaser, at a redemption price equal to $0.01 per Unit, or (ii) the Purchaser shall forfeit, a number of Units equal to 6,000 multiplied by the percentage of the Underwriters’ over-allotment option that remains unexercised as of the expiration date thereof.

  • SALE AND REDEMPTION OF SHARES 1. Whenever the Fund shall sell any shares issued by the Fund ("Shares") it shall deliver to Custodian a Certificate or Instructions specifying the amount of money and/or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series.

  • Repurchase of Units (a) Except as otherwise provided in this Agreement, no Partner or other Person holding Units will have the right to withdraw or tender for repurchase any of its Units. The Directors may, from time to time, in their complete and exclusive discretion and on terms and conditions as they may determine, cause the Partnership to repurchase Units in accordance with written tenders. The Partnership will not offer, however, to repurchase Units on more than four occasions during any one Fiscal Year, unless the Partnership has been advised by its legal counsel that more frequent offers would not cause any adverse tax consequences to the Partnership or the Partners. In determining whether to cause the Partnership to repurchase Units, pursuant to written tenders, the Directors will consider the following factors, among others:

  • Voting and Redemption of Shares Subscriber agrees to vote the Shares in favor of an initial business combination that the Company negotiates and submits for approval to the Company’s stockholders and shall not seek redemption with respect to such Shares. Additionally, the Subscriber agrees not to redeem any Shares in connection with a redemption or tender offer presented to the Company’s stockholders in connection with an initial business combination negotiated by the Company. [Signature Page Follows] If the foregoing accurately sets forth our understanding and agreement, please sign the enclosed copy of this Agreement and return it to us. Very truly yours, JUNIPER INDUSTRIAL HOLDINGS, INC. By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Chief Executive Officer Accepted and agreed this 29th day of August, 2019 JUNIPER INDUSTRIAL SPONSOR, LLC By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Member

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