Cash Redemption definition

Cash Redemption means, in relation to a buy back or redemption of any Securities, settlement of the Issuer’s buy back or redemption obligation by sale of the amount of the relevant Metal equal to the Metal Entitlement of the relevant Securities to one or more Metal Counterparties pursuant to the relevant Metal Sale Agreement(s) and payment of the proceeds of sale to the relevant Securityholder in accordance with Condition 8(c) (in respect of a buy back of Securities from a Non-AP Securityholder) or Condition 9(a) (in respect of an early redemption of Securities).

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Cash Redemption means settlement of the Redemption of the Bonds by payment of the Redemption Amount in cash and in accordance with Conditions 5 and/or 6;

Cash Redemption means in relation to the Redemption of any WT Securities, settlement of the Redemption Obligations in respect thereof by payment of the Redemption Amount in cash and in accordance with the Applicable Product Annex.

Examples of Cash Redemption in a sentence

• Such Transaction Fee and additional amounts, if any, shall be included in the calculation of the Cash Component or Cash Redemption Amount payable or to be received, as the case may be, by the Participant in connection with the creation or redemption order.

• The Participating Party notified of confirmation of a request to redeem Shares through the Trust’s Clearing Process shall be required to transfer or arrange for the transfer of the requisite Shares and the Cash Redemption Amount, if any, to the Transfer Agent by means of the Trust’s Clearing Process so as to be received no later than on the “regular way” settlement date (as described in the Prospectus) by the Transfer Agent as set forth below.

• The DTC/Euroclear Participant notified of acknowledgement of a request to redeem Shares shall be required to effect a transfer to the Transfer Agent (a) the requisite number of Shares through DTC or Euroclear on the contractual settlement date (b) the Cash Redemption Amount, if any, through the Federal Reserve Bank wire system by no later than 2:00 p.m, Eastern time on contractual settlement date.

• Any Cash Redemption Notice must include a valid signature guarantee to be deemed valid by the Trust.

• For each Cash Redemption Notice, the Registrar and Transfer Agent shall notify the redeeming Unitholder’s Broker that such Cash Redemption Notice has been deemed insufficient or accepted and duly processed, as the case may be.

More Definitions of Cash Redemption

Cash Redemption has the meaning set forth in the Merger Agreement.

Cash Redemption means, if permitted under Annex A Condition 3, in relation to the Redemption of any Digital Securities, settlement of the Redemption Obligations in respect thereof by payment of the Redemption Amount in cash and in accordance with Annex A Condition 3.5,

Cash Redemption means, in relation to a Security, the Redemption Amount for that Security is paid to, or at the direction of, the Holder.

Cash Redemption. : means any of the circumstances or events in which the Notes shall be or are redeemed in cash, either in full or in part, pursuant to Condition 5.3(a) (Redemption of the Notes).

Cash Redemption is specified as being applicable in the relevant Final Terms with respect to the Credit Linked Notes or "Cash Redemption" is the Fallback Redemption Method, then the Calculation Agent will value the Reference Obligation or any other obligation of the Reference Entity fulfilling certain criteria including the Valuation Obligation Category and Valuation Obligation Characteristics by asking for quotations from Quotation Dealers. The date, time and method of such auction, and the selection of the Reference Obligation, will impact the Final Price. The Quotation Dealers selected by the Calculation Agent must be financial institutions, funds or other entities that purchase or deal in obligations similar to the Reference Obligation and may include the Issuer or any guarantor; however, the Quotation Dealers have no duty towards any Noteholder and may not be aware that the purpose of the auction is to determine a Final Price for purposes of the Credit Linked Notes or any other Credit Linked Notes. Investors should note that the Final Price determined pursuant to a dealer poll may be significantly different to the Auction Final Price. In the event of a Governmental Intervention Credit Event or certain Restructuring Credit Events which constitute an Asset Package Credit Event, the Final Price may be determined by reference to the value of the Asset Package received or retained by a Relevant Holder in place of the Prior Deliverable Obligation or Package Observable Bond which would otherwise have been valued in order to determine the Final Price. Such Asset Package may be worth significantly less than the original Prior Deliverable Obligation or Package Observable Bond prior to such Asset Package Credit Event and may result in a significantly lower Cash Redemption Amount being paid out to Noteholders than would have been the case following the relevant Credit Event had the Final Price been determined only by reference to Valuation Obligations.

Cash Redemption has the meaning set out ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇.1(1).

Cash Redemption means in relation to the Redemption of any WT Securities, settlement of the