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.