Class A Share Redemption Price definition

Class A Share Redemption Price means an amount equal to the aggregate amount on deposit in the Trust Account as of two (2) Business Days prior to the Closing including interest thereon (which shall be net of taxes payable) divided by the number of then issued and outstanding IIAC Class A Shares.
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Class A Share Redemption Price means an amount per Class A Share equal to the greater of: (i) the NAV per Unit determined as of the relevant redemption date or Special Retraction Date, as applicable, minus the sum of $10.00 plus any accrued and unpaid distributions on a Preferred Share (which have not already been included in the calculation of NAV on such date); and (ii) nil;
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Examples of Class A Share Redemption Price in a sentence

  • For the purposes of calculating such Class A Share Redemption Price, the NAV per Unit shall be the NAV per Unit unless warrants of the Corporation are outstanding on the applicable Special Retraction Date and the NAV per Unit as of the applicable Special Retraction Date exceeds the Dilution Threshold, in which case the NAV per Unit shall be the Diluted NAV per Unit as of the applicable Special Retraction Date.

  • In addition, for the purposes of determining the Class A Share Redemption Price in respect of the initial Special Retraction Date, the costs and expenses of the Corporation’s reorganization described in its management information circular dated April 21, 2011 shall not be included as a liability in the calculation of Net Asset Value.

  • For purposes hereof, "Class A Share Redemption Price" means an amount determined by dividing the Net Asset Value of the Company, as at the applicable date for which the Net Asset Value is determined, by the number of shares of the Company which are issued and outstanding as at that date.

  • Redemption by Company - The Company may, if authorized by a resolution of the Board of Directors, purchase, redeem or otherwise acquire, at any time, and from time to time, from one or more shareholders and without the consent of any such shareholders, any of the shareholder or shareholders' A Shares specified in such resolution for an amount per share not less than the "Class A Share Redemption Price", together with all declared but unpaid dividends thereon (the " Class A Redemption").

  • In addition, for the purposes of determining the Class A Share Redemption Price in respect of the initial Special Retraction Date, the costs and expenses of the Corporation’s reorganization described in its management information circular dated August 20, 2010 shall not be included as a liability in the calculation of Net Asset Value.

  • Angermeyer began her report by congratulating and welcoming Ms. Valerio to the Board.

  • On or prior to the Additional Retraction Payment Date, the Corporation shall pay or cause to be paid to or to the order of the registered holders of the Class A Shares an amount per Class A Share being redeemed equal to the Class A Share Redemption Price as of May 30, 2003.

  • Based on the fair value of marketable securities held in the Trust Account of approximately $345.0 million as of March 31, 2021 and 34,500,000 Class A Shares outstanding, the Class A Share Redemption Price would amount to $10 and the Redemption Threshold Amount would amount to approximately $167 million, assuming the maximum number of redemptions by the public shareholders such that the Aggregate TopCo Transaction Proceeds Condition will still be satisfied.

  • Finally, concerning Aid-for-Trade, he recalled that the General Council had taken note of the new biennial Aid-for-Trade Work Programme at its meeting on 12 May 2014.

  • Prior to the effective date of the Amalgamation, the Corporation shall pay or cause to be paid to or to the order of the registered holders of the Class A Shares an amount per Class A Share being redeemed equal to the Class A Share Redemption Price as of the Special Retraction Date.

Related to Class A Share Redemption Price

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Optional Redemption Price means $25,000 per share plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends plus any applicable redemption premium attributable to the designation of a Premium Call Period.

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Early Preference Share Redemption Event means the event that occurs if:

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • 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.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

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

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

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • 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;

  • 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;

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Special Mandatory Redemption Price means a redemption price equal to 100% of the outstanding aggregate principal amount of the Notes, plus accrued and unpaid interest thereon from the Issue Date to, but excluding, the Special Mandatory Redemption Date as calculated by the Company.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).