Deemed Redemption definition

Deemed Redemption shall have the meaning specified in Section 14.01(b)(v).
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Deemed Redemption has the meaning set forth in Section 16.02(a).
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Deemed Redemption has the meaning specified in Section 7.01(d).
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Examples of Deemed Redemption in a sentence

  • Accordingly, if the Company elects to redeem less than all of the outstanding Notes as described under Article 16, Holders of the Notes other than Called Notes shall not be entitled to an increased Conversion Rate for conversions of such Notes (on account of the Redemption Notice) during the applicable Redemption Period (except for Deemed Redemption as described in Section 14.01(b)(v)).

  • The economic exchange is therefore subject to tax under the Deemed Redemption Rule.

  • Amount due to an entity that was a fellow subsidiary and shareholder of the Company was unsecured, interest-bearing and had fixed repayment terms.

  • Redemption of Deferred Share Units – Non-U.S. Directors 3.2. The Company shall, on the earlier of the Redemption Date and the Deemed Redemption Date, pay an Eligible Person who is not a U.S. Director and who has Terminated Service cash equal to the Fair Market Value of the Shares on the Redemption Date multiplied by the number of Deferred Share Units to be redeemed on such date, net of any Applicable Withholding Tax.

  • Ubiquitous services are classified into two categories [56]: local services and remote services.

  • In cases where the Deemed Redemption Rule does not apply at inception, we believe that certain subsequent transactions should trigger gain recognition.69 For example, as described above, if Parent contributes an appreciated asset to a partnership that owns or acquires Subsidiary stock, the Deemed Redemption Rule should not apply.

  • The exchange of Subsidiary’s remaining 50 percent interest in Asset A for the other $50 of its stock (assuming no change in values) will be caught by the Deemed Redemption Rule at the time of the liquidating distribution by Partnership.82Consider next the converse of Example 13: Example 14: Parent-Subsidiary Partnership; Parent Stock.

  • In the case of a Redemption Event, prior to such payment the Corporation shall provide a written notice setting out the Redemption Amount per Class A Series • Preferred Shares, the Deemed Redemption Date, and the name of the chartered bank or trust company at which the Redemption Amount has been or will be deposited (if the Redemption Amount may be deposited).

  • As discussed more fully below, therefore, we believe that the Deemed Redemption Rule should apply at the time that Subsidiary contributes the appreciated asset and the partnership acquires Parent stock.

  • In summary, therefore, we believe that the Deemed Redemption Rule should apply if a corporation contributes an appreciated asset to a partnership and the partnership acquires stock in the direct or indirect owner of the corporation.


More Definitions of Deemed Redemption

Deemed Redemption shall have the meaning specified in Section 14.01(b)(v). “Default” means any event that is, or after notice or passage of time, or both, would be, an Event of Default. “Default Settlement Method” means, initially, Combination Settlement with a Specified Dollar Amount per $1,000 principal amount of Notes of $1,000. “Defaulted Amounts” means any amounts on any Note (including, without limitation, the Redemption Price, the Fundamental Change Repurchase Price, principal and interest) that are payable but are not punctually paid or duly provided for. “Depositary” means, with respect to each Global Note, the Person specified in Section 2.05(c) as the Depositary with respect to such Notes, until a successor shall have been appointed
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Related to Deemed Redemption

  • 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;

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

  • 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.

  • 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.

  • 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 Date means the date on which the Notes become due and payable pursuant to Condition 9;