Redemption Number definition

Redemption Number means the number of Shares to be issued to that Holder on Redemption;

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Redemption Number has the meaning assigned to such term in Section 2.1(c).

Redemption Number means, with respect to a given number of GRID submitted for Redemption at a given time (the “Submitted GRID”), a number of kWh of electricity equal to: × 500, where “SG” is the number of Submitted GRID.

Examples of Redemption Number in a sentence

• After the completion of a sale of Common Units by Genesis MLP pursuant to this Agreement, Genesis MLP shall transfer to Genesis OLP the proceeds of the sale of a number of Common Units equal to the Aggregate Redemption Number, net of underwriting discounts and commissions or placement fees, if any, with respect to such sale.

• Prior to the undertaking by Genesis MLP of any contractual obligations to any underwriter or other purchaser to complete any sale of Common Units by Genesis MLP pursuant to this Agreement, the Participating Holders shall transfer to a custodian, pursuant to custodial arrangements satisfactory to Genesis MLP and the Participating Holders, certificates representing Common OLP Units equal to the Aggregate Redemption Number.

• The Paying Agent may, at any time, in its duly exercised discretion (billiges Ermessen), accept more Structured Products than the Maximum Redemption Number for redemption on any Redemption Date.

• The "Default Redemption Number" shall be equal to the product of (1) the quotient of (A) the Defaulted Number divided by (B) the Holder's Number multiplied by (2) 50% multiplied by (3) the number of Purchased Shares held by such Default Holder.

• Genesis OLP shall thereafter send a notice (a "Redemption Notice") to each Participating Holder that has not withdrawn in accordance with clause (iii) of Section 2.1(a) of this Agreement specifying (i) that the sale is complete and (ii) that Genesis OLP will redeem the Individual Redemption Number of Common OLP Units of such Participating Holder.

• Genesis OLP shall thereafter send a notice (a "Redemption Notice") to each Participating Holder that has not withdrawn in accordance with clause (ii) of Section 2.1(a) of this Agreement specifying (i) that the sale is complete and (ii) that Genesis OLP will redeem the Individual Redemption Number of Common OLP Units of such Participating Holder.

• In any case where the number of Structured Products redeemed on any day exceeds the Maximum Redemption Number, the order of settlement shall be chronological, i.e. in the order of receipt of the relevant Redemption Notices.

More Definitions of Redemption Number

Redemption Number means the number of shares of Common Stock (appropriately adjusted for any and all stock splits, reverse stock splits, mergers, recapitalizations or similar events which shall have occurred on or before the closing date of the Sale of the Company) into which such Investor's outstanding Debentures as of the date of such Investor's receipt of the redemption notice would have been convertible at the Applicable Conversion Price, such number being capped at such Investor's proportionate share of the Agreed Amount that would have been applicable as of the closing date of the Sale of the Company. If, however, prior to the closing date of the Sale of the Company, as a result of litigation or settlement of the Dispute, it is determined that such Investor's Debentures are (or would be if still outstanding) so convertible into a greater number of shares of Common Stock than the number of shares determined in accordance with the foregoing sentence, then the Redemption Number shall mean such greater number of shares of Common Stock. The "TAKE OUT PRICE" shall mean, in the case of an all-cash transaction, the price per share of Common Stock received by the public shareholders of the Company in connection with the Sale of the Company. If,

Redemption Number means the number of the Deferred Shares to be converted into Redeemable Preference Shares and redeemed as provided for and determined by clause 41.2.1.5;

Redemption Number means, with respect to a given number of GRID submitted for Redemption at a given time (the “Submitted GRID”), a number of kWh of electricity equal to:

Redemption Number means the number of the Deferred Shares to be converted into Redeemable Preference Shares and redeemed as provided for