Examples of Redemption Assets in a sentence
The Unit Redemption Price payable in respect of such REIT Units tendered for redemption during any month shall be paid by the transfer of the Unit Redemption Assets, to or to the order of the REIT Unitholder who exercised the right of redemption, on or before the last business day of the calendar month following the month in which the REIT Units were tendered for redemption.
No principal amount of Redemption Assets that is not an integral multiple of $10 will be distributed and, where Redemption Assets to be received by a former REIT Unitholder include a principal amount that is not an integral multiple of $10, the principal amount of such Redemption Assets shall be rounded to the nearest integral multiple of $10 (with $5 being rounded up).
For purposes of this Section 10.05, no principal amount of Redemption Assets that is not an integral multiple of $10 will be distributed and, where Redemption Assets to be received by a former Unitholder include a principal amount that is not an integral multiple of $10, the principal amount of such Redemption Assets shall be rounded to the nearest integral multiple of $10 (with $5 being rounded up).
The Trust shall be entitled to all interest or other income, as applicable, paid on the Redemption Assets up to and including the Transfer Date.
The Redemption Price payable pursuant to this Section 10.05 in respect of Units tendered for redemption during any month shall be paid by the transfer, to or to the order of the Unitholder who exercised the Redemption Right, on or before the last Business Day (the “ Transfer Date”) of the calendar month following the month in which the Units were tendered for redemption, of the Redemption Assets.
Payments by the Trust of the Redemption Price per Unit are conclusively deemed to have been made upon the mailing of the in specie distribution of Redemption Assets by registered mail, postage prepaid, addressed to the former Unitholder and/or any party having a security interest.
Payments by the Company of the Retraction Price per Common Share are conclusively deemed to have been made upon the mailing of the in specie distribution of Redemption Assets by registered mail, postage prepaid, addressed to the former shareholder and/or any party having a security interest.
The Company shall be entitled to all interest or other income, as applicable, paid on the Redemption Assets up to and including the Transfer Date.
The Company shall deliver the Bill of Sale, Assignment and Xxxumption attached as Exhibit E (the "Bill of Sale"), Deeds generalxx xn the form of Exhibit F (the "Deeds"), and such other documents as may be reasonably required to transfer the Redemption Assets and Liabilities to the Stockholder.
Except for appropriate approval from the FCC and the consents from certain lenders or lessors reflected on Schedule 3.3, no consent of any governmental authority or of any other person is required for the distribution of the Redemption Assets to the Sellers.