Early Redemption Charge definition

Early Redemption Charge means any charge or reduction in unit Redemption Price determined by the Trustees to apply to any Units tendered for Redemption by a Trust Unitholder during the Early Redemption Period determined as per Section 6.3 and initially this charge will be set at 10%.
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Early Redemption Charge means the additional charge for any redemption of a Product prior to its scheduled Maturity Date as specified in Section 7 of the Application Form.
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Early Redemption Charge means any charge or reduction in unit Redemption Price determined by the Trustees to apply to any Units tendered for Redemption by a Unitholder during the Early Redemption Period determined as per the applicable Purchase Plan, and as disclosed in the applicable Offering Document.
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Examples of Early Redemption Charge in a sentence

  • An Early Redemption Charge is due if you repay all or part of your mortgage before the end of the set fixed period, however you can make an overpayment of 10% of your outstanding fixed rate balance each year without incurring an Early breakage charge.

  • Any Early Redemption Charge, applicable to your Loan will be clearly stated in your Mortgage Offer Document or Contract Variation.

  • The teacher will initiate a “Nurse Referral”.● It is school policy to send a student home with a temperature of 100° degrees or higher.

  • This includes: • Releasing equity for home improvements or extension.• Releasing capital to dependents for them to purchase a property.• Releasing capital for debt consolidation.• Options of fixed/variable rates in attitude to risk.• A maximum of a 30-year term.• Over payment of up to 10% per year where the Product contains an Early Redemption Charge.

  • An Early Redemption Charge may be charged on Units redeemed according to the following: 5 percent if redeemed within 12 months of purchase, 4 percent if redeemed between 12 and 24 months of purchase, 3 percent if redeemed between 24 and 36 months of purchase, 2 percent if redeemed between 36 and 48 months of purchase, 1 percent if redeemed between 48 and 60 months of purchase and 0 percent if redeemed after 60 months of purchase.

  • The Group took a number of actions to facilitate mortgage redemptions, such as the introduction of an Early Redemption Charge waiver, which contributed to a reduction in lending balances of £2.8bn to £39.0bn (FY 2008: £41.8bn).

  • Early Redemption Charge A charge levied by the Company by cancelling Initial Units in the Unit Account either on the termination of the Insurance or on its conversion to a paid up Insurance before the end of the Premium Payment Term.

  • The Early Redemption Charge shall be [1-(1/1.05^N)] multiplied by the value of initial units, where N is the Policy Term minus the elapsed period, in years and fraction thereof, from the Commencement Date.


More Definitions of Early Redemption Charge

Early Redemption Charge means a sum to be paid by a borrower to a regulated entity in the event that a credit facility agreement or alternative arrangement is repaid early;
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Early Redemption Charge means an amount deducted by the Trustee in accordance with the Section headed Redemptions of this Supplementary Prospectus by way of Amendment and Restatement;
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Early Redemption Charge means an amount deducted by the Trustee in accordance with Clause 8(8) from the Redemption Price and payable to the Manager in respect of any Units redeemed
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Early Redemption Charge means a charge of up to 5% of the redemption proceeds will be imposed for any redemption of a Participating Share on or before the expiry of the third Anniversary Year of the issue of such Participating Share. The Investment Manager may, at its sole discretion, vary or waive the charge for any or all Participating Shareholders except for Directors of the Fund, the Investment Manager, Shareholders of the Investment Manager, and Directors of the Investment Manager. The proceeds of such Early Redemption Charge, if imposed, will be retained for the benefit of the Fund;
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Early Redemption Charge means an amount deducted by the Trustee in accordance with the Section headed Redemptions of this Prospectus;
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Related to Early Redemption Charge

  • 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;

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

  • Early Redemption Amount (k) means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Early Redemption Factor (k) means the "Early Redemption Factor (k)" as specified in § 1 of the Product and Underlying Data.

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

  • Early Redemption Level (k) means the Early Redemption Factor (k) x R (initial).

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • 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.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Redemption Fee means the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

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

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

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

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

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

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

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

  • 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.

  • 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.

  • 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;

  • 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.