Redemption Costs definition

Redemption Costs means the greater of zero, and the Redemption Commission giving credit in respect of an amount which is the equivalent, in the Specified Currency, of the Transaction Costs.
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Redemption Costs means all breakage costs, expenses, penalties and other costs incurred by the Issuer or any other member of the Group in connection with partial or full prepayment of the Existing Bonds and/or Convertible Loan.
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Redemption Costs means an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, expenses (including loss of funding), tax and duties which are or would be incurred by the Issuer or gains, including funding benefits, actually realised by the Issuer, in which case expressed as a negative number, in connection with the redemption of the Notes and the related unwind, termination, settlement, amendment or reestablishment of any hedge or related trading position (including, without limitation, the Underlying Components), such amount to be apportioned pro rata amongst each nominal amount of Notes equal to the Nominal Amount, provided that on any day on which the Redemption Costs is required to be determined where the Notes are not being redeemed on such day, such as for purposes of Spread(t) and Unwind Value, the Redemption Costs will be determined based on the Calculation Agent’s estimate of what such costs, expenses, losses, taxes, duties or gains would be if the Notes were to be redeemed on such day and assuming that the relevant hedges or related trading positions (including, without limitation, the Underlying Components) would be unwound, terminated, settled, amended or re-established, as the case may be. For the avoidance of doubt, for purposes of Redemption Costs and Unwind Costs, the sale by the Issuer of the Underlying Bonds shall be considered the unwind of a trading position.
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Examples of Redemption Costs in a sentence

  • If the Early Redemption Unwind Costs are stated to be Standard Early Redemption Costs, then such amount will comprise an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, expenses (including loss of funding), tax and duties incurred by the Issuer in connection with the redemption of the Notes and the related termination, settlement or re-establishment of any hedge or related trading position.

  • Granite REIT 2016 23Early Redemption Costs of Unsecured Debentures In the year ended December 31, 2016, Granite recorded early redemption costs related to the 2018 Debentures of $11.9 million which included a redemption premium of $11.2 million and $0.7 million of accelerated amortization of issuance costs.

  • All TRS Redemption Costs to be received by the Issuer in respect of such unwind shallbe credited to the Deposit Account.

  • Where any Shareholder holding Class D Shares elects to redeem within the thirty-six (36) months period no adjustment will be made to the Shareholder to reflect the amortised deferred sales fee.Such deferred service fee may be in addition to any other Redemption Costs and Expenses that may be applicable as set out in this Prospectus.6.6 Deferred Sales Fee – Class “E” Shares only.

  • Early Redemption Costs of Unsecured Debentures In the year ended December 31, 2014, Granite recorded early redemption costs related to the 2016 Debentures of $28.6 million which included a redemption premium of $27.7 million and $0.9 million of accelerated amortization of issuance costs and discount accretion related to the debentures.

  • If the Early Redemption Unwind Costs are stated to be Standard Early Redemption Costs, then such amount will comprise an amount determined by the Calculation Agent equal to the sum of (without duplication) of all costs, expenses (including loss of funding), tax and duties incurred by the Issuer in connection with the redemption of the Securities and the related termination, settlement or re-establishment of any hedge or related trading position.

  • Given that the future unit cost per point redeemed may fluctuate, the Future Redemption Costs liability is periodically revalued using the actual average unit cost per point redeemed, incurred in the most recent period.

  • The Fund Manager may in its discretion waive this requirement.8.4 Payment of Redemption Proceeds.Redemption proceeds, net of any applicable Redemption Costs and Expenses, and, as applicable any Dilution Levy and/or Subscription Fee that may have been deferred will be paid in United States Dollars as soon as reasonably practicable and normally within five Business Days after the Redemption Date.

  • Early Redemption Costs of Unsecured Debentures In the year ended December 31, 2014, Granite recorded early redemption costs related to the 2016 Debentures of $28.6 million which included a redemption premium of $27.7 million and $0.9 million of accelerated amortization of issuance costs and discount accretion.

  • Adjusted Net Earnings includes the Change in deferred revenue and Change in Future Redemption Costs, net of the income tax effect and non- controlling interest effect (where applicable) on these items at an entity level basis.


More Definitions of Redemption Costs

Redemption Costs means (a) the aggregate amount of the applicable redemption price payable to the holders of the outstanding shares of Skynet Preferred Stock in connection with any redemption of the Skynet Preferred Stock, and (b) any and all expenses, fees and other Obligations arising with respect to the Skynet Preferred Stock.
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Redemption Costs. ' means the costs and expenses of eÅecting delivery or transfer of the Early Redemption Amount, including any sum necessary to cover any tax, including stamp duty reserve tax, transfer tax, duty, or other governmental charge that may be imposed in relation thereto.
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Redemption Costs means (a) the aggregate amount of the applicable redemption price payable to the holders of the outstanding shares of Skynet Preferred Stock in connection with any redemption of the Skynet Preferred Stock, and (b) any and all expenses, fees and other Obligations arising with respect to the Skynet Preferred Stock. “Redemption Facility” means the indebtedness incurred by Skynet to effect the Early Note Redemption; “Representatives” is defined in Section 4.7; “Restructuring” means the series of actions to be undertaken by Skynet, its Subsidiaries and any of its Affiliates as described in the Memorandum attached as Exhibit D hereto, as amended from time to time by Skynet with Holdco’s consent (which consent shall not be unreasonably withheld, delayed or conditioned); “Restructuring Decision” shall refer to the decision to restructure a Proposed Transaction, which shall be at the sole and absolute discretion of Holdco or its relevant Affiliate, subject to the terms of Section 4.10(i) of this Agreement; “Safe Income Notes” shall have the meaning set forth in the Share Purchase Agreement; “Sale Assets” means the Purchased Property (as defined in the Asset Purchase Agreement); “Sale Assets Purchase Price” means the Purchase Price (as defined in the Asset Purchase Agreement); “Securities Act” means the Securities Act of 1933, as amended; “Securities Commission” means any Governmental Entity having jurisdiction over the regulation of securities (including the purchase, sale or trading thereof), any Securities Market and any Self-Regulatory Organization; “Securities Market” means any domestic or foreign securities exchange or securities market, whether in the United States, Canada or any other jurisdiction (whether local, state, provincial, regional, territorial, federal or otherwise); “Self-Regulatory Organization” mean the National Association of Securities Dealers, any domestic or foreign securities exchange, commodities exchange, registered securities association, clearing organization, the Municipal Securities Rulemaking Board, National Futures Association, and any other board or body, whether in the United States, Canada or any other jurisdiction (whether local, state, provincial, regional, territorial, federal or otherwise), that is charged with the supervision or regulation of exchanges, clearing organizations or clearing houses, brokers, dealers, commodity pool operators, commodity trading advisors or future commission merchants;
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Related to Redemption Costs

  • Redemption Premium means 125%.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • 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;

  • Gross Redemption Yield means, with respect to a security, the gross redemption yield on such security, expressed as a percentage and calculated by the Financial Adviser on the basis set out by the UK Debt Management Office in the paper “Formulae for Calculating Gilt Prices from Yields”, page 4, Section One: Price/Yield Formulae “Conventional Gilts/Double dated and Updated Gilts with Assumed (or Actual) Redemption on a Quasi-Coupon Date” (published 8 June 1998, as amended or updated from time to time) on a semi-annual compounding basis (converted to an annualised yield and rounded up (if necessary) to four decimal places) or on such other basis as the Trustee may approve;

  • Redemption Price when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

  • Make-Whole Redemption Amount means the sum of:

  • Final Redemption Value means the Underlying Reference Value.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Change of Control Redemption Premium means 125%.