Redemption Limit definition

Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the LS Margin Account Agreement relating to the ETP Securities.
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Redemption Limit means the sum of the Maximum Daily Redemption Limits relating to the Notes. "Registered Securities" has the meaning given to it in Condition 2.
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Redemption Limit means with respect to a Class, a limit per Business Day on the Redemption of Metal Securities with a Metal Entitlement that has a market value (as determined by the Determination Agent), exceeding such limit, as such limit may be notified to the Securityholders in accordance with Condition 17 (Notices). As of the Programme Effective Date, the Redemption Limit, in respect of The Royal Mint Physical Gold ETC Securities shall be:
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Examples of Redemption Limit in a sentence

  • In the event that an investor is not able to immediately redeem their ETP Securities due to a breach of the Maximum Daily Redemption Limit, such investor will be subject to market risk (i.e. that the value of the ETP Securities will decline prior to redemption and therefore reduce the redemption amount).

  • The Maximum Daily Redemption Limit could also lead to higher trading spreads for the ETP Securities in the secondary market, which could increase the execution costs for an investor purchasing the ETP Securities in the secondary market.

  • Prospective investors should be aware that it is possible that the Maximum Daily Redemption Limit could cause the ETP Securities to trade at a higher premium or result in a discount to the ETP Security Value.

  • If the aggregate net redemption requests for a relevant Valuation Day made by Shareholders result in the Redemption Limit being exceeded, the Management Company may, but is not obliged to, refuse to effect all of the redemptions concerned to the extent they exceed the Redemption Limit.

  • In the case of purchases through SIP, the minimum installment amount shall be Rs.1000/-, Rs.750/- and Rs.100/- respectively for weekly (processed on Wednesday’s/next Business Day if Wednesday is not a Business Day), quarterly and monthly frequency respectively and in multiples of Re.1/- thereafter.Minimum Redemption Limit the minimum amount for redemption/switch out will be:Regular & Direct Plan: Rs.100 or 1 units or account balance, whichever is lower.

  • In accordance with the Applicable MOU, the Secretary shall not be obligated to honor any Request for Redemption under any Applicable MOU for funds to be transferred on any specified date to the extent that the sum of (a) the dollar amount of such Request for Redemption plus (b) the applicable Net Aggregate Redemption Amount (as defined below) exceeds the corresponding Aggregate Redemption Limit as of such specified date.

  • ON MONDAY, 23RD OCTOBER, 2000IN THE PARLIAMENT CHAMBER, PUBLIC BUILDINGS.

  • This document contains Open Offer Document (Details) and Price Offer, which are to be duly filled in by the applicant.

  • With respect to any application received in respect of a Dealing Day on which a Redemption Limit is applied, to the extent that applications will be received in respect of subsequent Dealing Days, such later applications will be postponed in priority to the satisfaction of applications relating to the previous Dealing Day(s), but subject thereto will be dealt with as set out in the preceding sentence.

  • If the net redemption requests received on a Dealing Day result in the Redemption Limit being exceeded, the Management Company may, but is not obliged to, refuse to effect all of the concerned redemptions in full.


More Definitions of Redemption Limit

Redemption Limit means the sum of the Maximum Daily Redemption Limits relating to the Securities.
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Redemption Limit has the meaning set forth in Section 8.2(i) hereof.
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Redemption Limit means the limits on Redemption set out in Condition 7.6 and onwhich more information is set out in Part 3 (Description of Swiss Franc Currency-Hedged Commodity Securities) under the heading “Creation Limits and Redemption Limit”
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Redemption Limit means the limit on Cancellation set out in paragraph 12 of Schedule 7;
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Redemption Limit means the limit on Cancellation set out in paragraph 12 of Schedule 7;
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Related to Redemption Limit

  • Maximum Daily Redemption Limit means a maximum limit (if applicable) on the redemption number of ETP Securities of a Series on any Optional Redemption Pricing Date, as may be amended by the Margin Loan Provider from time to time in accordance with the terms of the LS Margin Account Agreement and the LS Operating Procedures Agreement.

  • 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.

  • Early Redemption Factor (k) means the "Early Redemption Factor (k)" as specified in § 1 of the Product and Underlying Data.

  • Optional Redemption Price means $25,000 per share 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 plus any applicable redemption premium attributable to the designation of a Premium Call Period.

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in 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;

  • Optional Redemption Amount (Call) 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;

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

  • 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;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Redemption Dates means, collectively, the Event of Default Redemption Dates, and the Optional Redemption Dates, each of the foregoing, individually, a Redemption Date.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

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

  • 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;

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

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

  • Early Redemption Level (k) means the Early Redemption Factor (k) x R (initial).