Common use of Redemption Amount Clause in Contracts

Redemption Amount. Subject to Section 8.2, the “Redemption Amount” shall be the product of (i) the Market Value of one BIP Unit multiplied by the number of Redemption-Exchange Units specified in a Redemption Notice to be redeemed and (ii) the Exchange Ratio.

Appears in 7 contracts

Samples: Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.), Agreement (Brookfield Infrastructure Partners L.P.)

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Redemption Amount. Subject to Section 8.2, the “Redemption Amount” shall be the product of (i) the Market Value of one BIP BREP Unit multiplied by the number of Redemption-Exchange Units specified in a Redemption Notice to be redeemed and (ii) the Exchange Ratio.

Appears in 4 contracts

Samples: Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.), Agreement (Brookfield Renewable Energy Partners L.P.)

Redemption Amount. Subject to Section 8.2, the “Redemption Amount” shall be either (i) the product of (ia) the Market Value of one BIP BPY Unit multiplied by the number of Redemption-Exchange Units specified in a Redemption Notice to be redeemed and (iib) the Exchange RatioRatio or (ii) such other amount of cash as may be agreed by the relevant Redemption Exchange Unitholder and the Partnership.

Appears in 3 contracts

Samples: Agreement (Brookfield Property Partners L.P.), Agreement (Brookfield Property Partners L.P.), Limited Partnership Agreement (Brookfield Property Partners L.P.)

Redemption Amount. Subject to Section 8.28.1.2, the “Redemption Amount” shall be the product of (ia) the Market Value of one BIP BBP Unit multiplied by the number of Redemption-Exchange Units specified in a Redemption Notice to be redeemed and (iib) the Exchange Ratio.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Brookfield Business Partners L.P.), Agreement (Brookfield Business Partners L.P.)

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Redemption Amount. Subject to Section 8.28.1.2, the “Redemption Amount” shall be either (i) the product of (ia) the Market Value of one BIP BBP Unit multiplied by the number of Redemption-Exchange Units specified in a Redemption Notice to be redeemed and (iib) the Exchange RatioRatio or (ii) such other amount of cash as may be agreed by the relevant Redemption Exchange Unitholder and the Partnership.

Appears in 1 contract

Samples: Agreement (Brookfield Business Partners L.P.)

Redemption Amount. Subject to Section 8.2, the “Redemption Amount” shall be the product of (i) the Market Value of one BIP BEP Unit multiplied by the number of Redemption-Exchange Units specified in a Redemption Notice to be redeemed and (ii) the Exchange Ratio.

Appears in 1 contract

Samples: Agreement (Brookfield Renewable Partners L.P.)

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