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

  • 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).

  • While that Code section is an impediment to parties wishing to avoid Section 311(b) or Section 1001, it does not prevent the core abuse that the Deemed Redemption Rule seeks to address.

  • Except for in the case of the surrender by a Holder of all or a portion of such Holder’s Preferred Shares pursuant to Section 5, the Exercise Price Accrual credited to the account of a Holder may not be applied by such Holder to fund payment of all or a portion of the exercise price of the Warrant(s) held by such Holder until: (i) the eighth anniversary of the date of original issuance (the “Redemption Date”) or (ii) the Deemed Redemption Date (as defined below).

  • We do not believe that the seven-year waiting periods of Sections 704(c)(1)(B) and 737 obviate the need for 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.

  • In accordance with Chapter 6D of the Corporations Act, this Prospectus is subject to an Exposure Period of 7 days from the date of lodgement with ASIC.

  • Alternatively, the final regulations might suspend the Deemed Redemption Rule only until such time as the partnership distributes the affiliate stock, triggering full gain recognition at that time.

  • Continuing Relevance of the Deemed Redemption Rule We believe that the Deemed Redemption Rule remains the primary safeguard against attempts to circumvent the repeal of the General Utilities doctrine through the use of a partnership.

  • Given the ease with which cash can be moved around the group, this transaction seems as troubling as the single corporation case involving a primary issuance by the corporate partner.We therefore believe the Deemed Redemption Rule should apply.

  • Such beneficial owner is aware that, except as otherwise provided in this Indenture, any Notes being sold to it in reliance on Regulation S shall be represented by one or more Regulation S Global Secured Notes or Regulation S Global Subordinated Notes, as applicable, and that beneficial interests therein may be held only through DTC for the respective accounts of Euroclear or Clearstream.


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

  • Specified Redemption Date means the tenth (10th) Business Day after receipt by the General Partner of a Notice of Redemption; provided that if the Company combines its outstanding REIT Shares, no Specified Redemption Date shall occur after the record date of such combination of REIT Shares and prior to the effective date of such combination.

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

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • 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).

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

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

  • Tax Redemption The meaning specified in Section 9.3(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.

  • 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.

  • 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;

  • Make-Whole Redemption Amount means the sum of:

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.