Liquidity Redemption definition

Liquidity Redemption has the meaning assigned to it in the Governance Agreement.
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Liquidity Redemption means the receipt by DSO and the DSO Related Entities of redemption proceeds associated with the redemption by DSO and the DSO Related Entities, as applicable, of all of their liquid balances in the investment funds or accounts managed by the Och-Ziff Group (other than their liquid balances in the OZ Credit Opportunities Master Fund, Ltd.), for which redemption notices have been delivered to effect such redemptions for the quarters ended December 31, 2018 and March 31, 2019. For the avoidance of doubt, the Liquidity Redemption will exclude (x) funds in wind-down, (y) investments designated as “side pocket” investments and (z) holdbacks (including audit holdbacks), which, in the case of clauses (y) and (z), shall be designated and reserved, as applicable, in accordance with the applicable fund documents.
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Liquidity Redemption has the meaning set forth in Section 5.1.
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Examples of Liquidity Redemption in a sentence

  • On the 30th day following the completion of the Liquidity Redemption (such date, the “Transition Date”), DSO will relinquish his proxy under the Class B Shareholders Agreement and disband the Class B Shareholder Committee.

  • There can be no assurance that the investment objective of the Scheme will be realized.• Liquidity Redemption of UnitsNo redemption/repurchase of units shall be allowed prior to the maturity of the close ended scheme.

  • Company shall thereupon promptly proceed with the Fair Market Value procedures in Section 3.2 hereof, and the Company Determination provided for in Section 3.2(a) shall be determined within thirty (30) days (or in the case of a Refinancing Redemption or Liquidity Redemption, five (5) Business Days) after receipt of the Determination Notice.

  • See Condition 3(i) (Accounts).The Issuer shall establish: (a) Interest Accounts and Principal Accounts denominated in Euro and U.S. Dollars; (b) Unused Proceeds Accounts denominated in Euro and U.S. Dollars; (c) Payment Accounts denominated in Euro and U.S. Dollars; and (d) a Direct Liquidity Redemption Proceeds Account denominated in Euro.

  • Management's Discussion and Analysis of Financial Condition and Results of Operations Financial Condition, Capital Resources and Liquidity Redemption In March, 1994, the Company received $7,000,000 from Universal, the Company's property and casualty insurance subsidiary, representing the redemption of 20,424 shares of Universal's Class B voting common stock and 24,360 shares of Universal's Class C non-voting common stock.

  • Following the Liquidity Redemption (as defined below) and Mr. Och’s receipt of the Credit Fund Balance Redemption (as defined below), and until such time as the relevant Group E Units become vested, the Class B Shares corresponding to the Group A-1 Units will be voted pro rata in accordance with the vote of the Class A Shares held by non-affiliates.

  • See “Description of the Portfolio” and Condition 7(b)(ii) (Direct Liquidity Redemption).

  • For the avoidance of doubt, the Transition Date shall not occur unless and until the completion of the Liquidity Redemption.

  • On the Liquidity Redemption Date, the Company shall pay or cause to be paid to or to the order of the holder of the Tracking shares to be redeemed the Tracking Redemption Price for each Tracking share to be redeemed on presentation and surrender, at the registered office of the Company or at any other place designated in the Liquidity Redemption Notice, of the certificate or certificates for the Tracking shares called for redemption.

Related to Liquidity Redemption

  • 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).

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

  • 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.

  • 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;

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

  • 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.

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

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

  • 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.

  • 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.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest 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;

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

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

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

  • 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.

  • Optional Redemption Amount (Put) 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;

  • 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.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

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

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • 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.

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

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

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

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