Redemption and Repurchase definition

Redemption and Repurchase has the meaning set forth in the recitals hereto.
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Examples of Redemption and Repurchase in a sentence

  • Redemption and Repurchase of Shares of Capital Stock: Any shareholder may redeem shares of the Corporation for the net asset value of each class or series thereof by presentation of an appropriate request, together with the certificates, if any, for such shares, duly endorsed, at the office or agency designated by the Corporation.

  • During a Dividend Restriction Period, an FHLBank (i) shall conduct any Redemption and Repurchase transaction, if otherwise permitted, only at par value; and (ii) shall not engage in a Repurchase or Redemption transaction if following such transaction the FHLBank’s Total Capital as reported to the FHFA falls below the FHLBank’s aggregate paid-in amount of capital stock.

  • For purposes of this safe harbor, the transfers which are disregarded include, but are not limited to: (i) transfers between family members, transfers at death, (ii) transfers in which the basis is determined under Section 732 of the Code, (iii) interests issued by the partnership for cash, property or services, and (iv) interests in the partnership which are redeemed pursuant to the "Redemption and Repurchase Safe Harbor" discussed below.

  • The Final PTP Regulations contain a safe harbor for redemption and repurchase agreements (the "Redemption and Repurchase Safe Harbor").

  • The Company may suspend the calculation of the NAV of any Sub-Fund and the issue, allocation, redemption and switching of Shares relating to a Class in that Sub-Fund in the circumstances set out in Section 2.7 of the Luxembourg Prospectus on Suspension of the Calculation of the Net Asset Value and Issue, Allocation, Conversion, Redemption and Repurchase of Shares.

  • The "Conditions to Redemption and Repurchase" are fulfilled on any day with respect to an early redemption or a planned repurchase of the Notes, if the competent supervisory authority and/or the competent resolution authority has granted the Issuer the prior permission in accordance with Articles 77 et seq.

  • During a Dividend Restriction Period, an FHLBank (i) shall conduct any Redemption and Repurchase transaction, if otherwise permitted, only at par value; and (ii) shall not engage in a Repurchase or Redemption transaction if following such transaction the FHLBank's Total Capital as reported to the FHFA falls below the FHLBank's aggregate paid-in amount of capital stock.

  • Subject to the Conditions to Redemption and Repurchase (as defined below) being fulfilled, the Issuer may, on giving not less than 30 and not more than 60 days' prior notice to the Noteholders in accordance with § 9, redeem all, but not only some, of the outstanding Notes with effect as of the date of redemption fixed in the notice if a Regulatory Event (as defined below) occurs.

  • In certain circumstances set out in Section 5.2. "Suspension of the Calculation of the NAV and Issue, Allocation, Conversion, Redemption and Repurchase of Shares", the NAV per Share determinations may be suspended and during any such period of suspension, no Shares relating to the Sub-Fund to which the suspension applies may be issued or allocated (other than those already allotted), converted, redeemed or repurchased.

  • Subject to the Conditions to Redemption and Repurchase (as defined below) being fulfilled, the Issuer may, on giving not less than 30 and not more than 60 days' prior notice to the Noteholders in accordance with § 9, redeem all, but not only some, of the outstanding Notes with effect as of the date of redemption fixed in the notice if a Gross up Event (as defined below) occurs.

Related to Redemption and Repurchase

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

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

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Special Redemption and Liquidation Period shall be as set forth in the Prospectus under "Summary of Essential Information."

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Redemption Provisions Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Repayment Provisions: Optional Repayment Date(s):

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Change of Control Redemption Premium means 125%.

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • 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.

  • 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.

  • Redemption means with respect to any Debt, the repurchase, redemption, prepayment, repayment, defeasance or any other acquisition or retirement for value (or the segregation of funds with respect to any of the foregoing) of such Debt. “Redeem” has the correlative meaning thereto.

  • Redemption and Paying Agent Agreement means, with respect to any Series, the Redemption and Paying Agent Agreement or other similarly titled agreement by and among the Redemption and Paying Agent for such Series and the Fund with respect to such Series.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Redemption and Paying Agent means, with respect to any Series, State Street Bank and Trust Company and its successors or any other redemption and paying agent appointed by the Fund with respect to such Series.

  • Redemption Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 5.1 hereof.

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

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

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

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

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

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

  • 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 Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • 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.