Annual Redemption Amount definition

Annual Redemption Amount means in respect of a class of Units a redemption price per Unit of such class surrendered for redemption on the Annual Redemption Date that is equal to 100% of the Net Assets per Unit of the applicable class less any costs and expenses associated with the redemption, including brokerage costs and less any Net Realized Capital Gains or income of the Fund that are distributed to a Unitholder concurrently with the proceeds of disposition on redemption.
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Annual Redemption Amount means a redemption price per Unit surrendered for redemption on the Annual Redemption Date that is equal to 100% of the net asset value per Unit as determined on the Annual Redemption Date, less any costs and expenses incurred by the Fund in order to fund such redemption provided, however, that for the purpose of calculating NAV used in connection with a redemption of Units, the value of the securities held by the Fund will be equal to the weighted average trading price of such securities over the last three Business Days preceding the Annual Redemption Date.
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Annual Redemption Amount means a redemption price per Unit surrendered for redemption on the Annual Redemption Date that is equal to 100% of the Net Asset Value per Unit less any costs and expenses associated with the redemption.
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Examples of Annual Redemption Amount in a sentence

  • Mandatory redemption amounts are as follows: Annual Redemption Amount 2009$ 350,0002010400,0002011450,0002012450,0002013450,000Thereafter 2,700,000 Total $ 4,800,000 Among other restrictions, the loan agreement requires the School to maintain a minimum debt service ratio, as defined by the agreement.

  • A Unitholder who desires to redeem Units should ensure that the CDS Participant is provided with notice of his or her intention to exercise his or her redemption right sufficiently in advance of the Annual Redemption Amount Calculation Date or the Monthly Redemption Amount Calculation Date, as applicable, deadline so as to permit the CDS Participant to deliver a notice to CDS by 5:00 p.m. (Toronto time) on the notice date described above.

  • Section 17 of the PAA 2012 provides three ways in regulating the simultaneous assemblies; first, by allowing simultaneous assemblies with restrictions and conditions; second, by not allowing simultaneous assemblies and give preference to the first organiser who submitted the notification; third, by not allowing simultaneous assemblies and give preference to the organizer whose name is extracted in a draw held by OCPD.

  • Mandatory redemption amounts are as follows: Annual Redemption Amount 2008$ 200,0002009350,0002010400,0002011450,0002012450,000Thereafter 3,150,000 Total $ 5,000,000 Among other restrictions, the loan agreement requires the School to maintain a minimum debt service ratio, as defined by the agreement.


More Definitions of Annual Redemption Amount

Annual Redemption Amount means a redemption price per Unit surrendered for redemption on the Annual Redemption Date that is equal to 100% of the net asset value per Unit minus costs associated with the redemption, including brokerage costs provided, however, that in determining the net asset value for the purpose of calculating the Annual Redemption Amount, the Administrator may value any security which is listed or traded upon a stock exchange (or if more than one, on the stock exchange on which the security primarily trades, as determined by the Administrator) by taking the volume weighted average trading price of the security on such exchange during the last three business days of the month in which the Annual Redemption Date occurs, or for the first annual redemption, the three business days ending on the Annual Redemption Date, or lacking any sales during such period or any record thereof, the simple average of the latest available offer price and the latest available bid price (unless in the opinion of the Administrator such value does not reflect the value thereof and in which case the fair market value as determined by the Administrator shall be used), as at the Annual Redemption Date, all as reported by any means in common use.
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Annual Redemption Amount means a redemption price per Unit surrendered for redemption on the Annual Redemption Date that is equal to 100% of the Net Asset Value per Unit less any costs and expenses associated with the redemption including brokerage costs and less any Net Realized Capital Gains or income of the Fund that are distributed to a Unitholder concurrently with the redemption price.
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Annual Redemption Amount means the NAV per Share on the applicable Annual Redemption Date, less any costs associated with the redemption including commissions and other such costs, if any, related to the liquidation of any portion of the Mortgage Portfolio required to fund such redemption.
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Annual Redemption Amount means the redemption price per Unit equal to the NAV per Unit determined as of the Annual Redemption Date, less any costs and expenses incurred by the Fund in connection with funding the redemption.
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Annual Redemption Amount means, in respect of the Units that are surrendered for redemption on an Annual Redemption Date, the redemption price per Unit that is equal to the Net Asset Value per Unit of such Unit on such Annual Redemption Date, less any costs associated with the redemption, including brokerage costs and other such costs, if any, related to the partial pre-settlement of the Forward Agreement of the Fund to fund such redemption.
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Annual Redemption Amount. ’ means in respect of a class of Units, a redemption price per Unit of that class surrendered for redemption on the Annual Redemption Amount Calculation Date that is equal to 100% of the Net Asset Value per Unit as of such date, less any costs and expenses incurred by the Fund in connection with funding the redemption.
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Related to Annual Redemption Amount

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Early Redemption Amount (k) means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • 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;

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

  • Early Redemption Amount (Tax) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

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

  • 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.

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