Class B Redemption definition

Class B Redemption shall have the meaning set forth in Section 23.4.A.
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Class B Redemption. As defined in Section 9.1(C) hereof.
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Class B Redemption means Class B Member’s right to give notice, which right can be first exercised beginning on the first day of the First Class B Redemption Option Year, that the Company makes a distribution to the Class B Members, pursuant to Section 4.1A. During the First Class B Redemption Option Year and for the two years thereafter, the amount of such distribution shall be equal to the greater of ten percent (10%) of (a) a Class B Member’s Capital Contribution with respect to the Preferred Equity, or (b) the sum of a Class B Member’s Unreturned Capital Contribution and the Unpaid Preference; provided, however, that in no event shall such distribution be greater than the sum a Class B Member’s Unreturned Capital Contribution and the Unpaid Preference. In the fifth (5th) calendar year after the date hereof, such distribution shall be equal to the sum of the balance of a Class B Member’s Unreturned Capital Contribution and the Unpaid Preference. Such distribution will be charged to the Class B Member’s Capital Account, as provided in Section 3.5.2. the Class B Member may exercise its Class B Redemption by delivering written notice to the Manager and to the Company and upon receipt of such notice, the Class B Redemption shall be exercised.
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Examples of Class B Redemption in a sentence

  • The amounts available for the Noteholders will be passed through on each Notes Payment Date to the Notes, other than the Class C Notes, by applying in respect of each Class A Note, the Class A Redemption Amount and in respect of each Class B Note, the Class B Redemption Amount.

  • Stockholder Representative shall ensure that the Merger Consideration Schedule shall be prepared in accordance with, and that payment of the Class B Redemption Consideration and Merger Consideration shall comply in all respects with, the Company Certificate of Incorporation, the Company Stockholder Agreements, or any other Contract between any Company Group Member and any Stockholder.

  • It includes mappings for DIM-specific methods.initializeSpecifics(app)Methods through which subclasses can initialize other mappings on top of the default ones and perform other DataManager-specific actions.

  • Subject to the provisions of the Business Corporations Act, the Company may by notice of redemption at any time or times, at the sole discretion of the directors, redeem all or any Class B Preferred shares by paying to the registered holders of the shares to be redeemed the Class B Redemption Amount thereof (collectively, the “ Class B Redemption Price”).

  • Such notice shall set out the Class B Redemption Price, the date on which the redemption is to take place, and the number to be redeemed.

  • The maintenance of Commission‐sponsored accreditation programs in sociological practice, including applied sociology, clinical sociology, engaged public sociology, translational sociology, and forensic sociology (see the Commission’s Standards and Accreditation Self Study Guidelines at theBachelor’s, Master’s, and Doctoral Levels; Accreditation Policies and Procedures;and Accreditation Review Process Guidelines).

  • The Class B Redemption Amount will be established by reference to the aggregate fair market value of the Common shares of the Company and the Company Notes at that time, which will be based on the trading value of the Units prior to the time of the transfer to MFC.

  • The amounts available for the Noteholders will be passed through on each Notes Payment Date to the Notes, other than the Class C Notes, by applying in re- spect of each Class A Note, the Class A Redemption Amount, and in respect of each Class B Note, the Class B Redemption Amount.

  • So two pieces of DNA with a historical connection to Sweden will have more DNA in common than will a piece of DNA from Korea and a piece of DNA from Sweden.

  • The amounts available for the Noteholders will be passed through on each Notes Payment Date to the Notes by applying in respect of each Class A Note, the Class A Redemption Amount and in respect of each Class B Note, the Class B Redemption Amount.


More Definitions of Class B Redemption

Class B Redemption has the meaning ascribed to such term in subsection 9.06(b) hereof.
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Class B Redemption has the meaning set forth in Section 2.06(b).
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Related to Class B Redemption

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

  • 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.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • 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.

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

  • Special Redemption Date has the meaning set forth in Section 10.2.

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

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

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

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

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • 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;

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

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

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

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

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

  • 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.

  • 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;

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

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • 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;

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

  • 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;

  • 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.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.