Redemption and Exchange definition
Examples of Redemption and Exchange in a sentence
Such Services include, but are not limited to, the following: - Establishing Shareholder and Intermediary Accounts - Processing Purchase, Redemption and Exchange Orders - Receiving and Disbursing Settlement Proceeds - Processing Checkwriting Redemptions - Processing Fund Mergers and Reorganizations - Processing Transfer of Ownership Orders - Processing Maintenance Requests on Shareholder Accounts - Processing transactions unique to retail retirement accounts (RMDs, loan payments, etc).
Such Services include, but are not limited to, the following: - Establishing Shareholder and Intermediary Accounts - Processing Purchase, Redemption and Exchange Orders - Receiving and Disbursing Settlement Proceeds - Processing Checkwriting Redemptions - Processing Fund Mergers and Reorganizations - Processing Transfer of Ownership Orders - Processing Maintenance Requests on Shareholder Accounts - Processing transactions unique to retail and small business retirement accounts (e.g., RMDs, etc).
All terms capitalized but not defined herein shall have the meaning attributable to such terms in the Redemption and Exchange Agreement, except where the context otherwise requires.
The management company may temporarily suspend the redemption of shares; however, if extraordinary circumstances exist, and redeem the shares only later at the price which is valid at that time (see also for more detail “Suspension of the Calculation of Net Asset Value and the Issuing, Redemption and Exchange of Shares”).
The Registrar will keep a record (the “Register”) of the names and addresses of the Holders, the Notes held by each Holder and the transfer, exchange, repurchase, Redemption and Exchange of Notes.
Redemption and Exchange of Rights At any time prior to 5:00 P.M. New York City time on the tenth calendar day following the Shares Acquisition Date, the Company may redeem the Rights in whole, but not in part, at a price of $.001 per Right (the "Redemption Price").
This Agreement, the Redemption and Exchange Agreement and the Certificates of Designations supersede all prior agreements and understandings among the parties hereto with respect to the subject matter hereof and thereof.
The Redemption and Exchange shall have been consummated pursuant to the terms of the ETP Redemption Agreement.
The Company shall use its best efforts to have the Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the date which is 60 days after the Closing Date (as defined in the Redemption and Exchange Agreement) (the "Effectiveness Deadline").
Subject to Section 9(e) of the Redemption and Exchange Agreement, this Agreement, the Redemption and Exchange Agreement and the Certificates of Designations constitute the entire agreement among the parties hereto with respect to the subject matter hereof and thereof.