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.
This is very clear in the terms and conditions for GRID, which state in relevant part that “GridPlus shall grant each Customer who Redeems GRID a Wholesale Pricing Right…” and that the Wholesale Pricing Right is the “right…to purchase [NB, not “receive”] the corresponding Redemption Number of kWh of electricity…at the wholesale price…” (emphasis added).
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.
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.
Mi nim um requirementsThe Directors may, in their absolute discretion, waive, either in a particular case, for a Class of Share, or gener ally, the Minimum Redemption Number and Minimum Holding requirements.
Notwithstanding anything to the contrary in this Section 9(b), but subject to Section 4(d), until the Holder receives the Subsequent Placement Event Redemption Price, the Subsequent Placement Event Redemption Number may be converted, in whole or in part, by the Holder into Common Stock pursuant to Section 4, and any such conversion shall reduce the Subsequent Placement Event Redemption Number in the manner set forth by the Holder in the applicable Conversion Notice.
Genesis OLP shall thereafter send a notice (a "Redemption Notice") to each Participating Holder that has not withdrawn in accordance with clause (iii) of Section 2.1(a) of this Agreement specifying (i) that the sale is complete and (ii) that Genesis OLP will redeem the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.
D)Automatic Early Redemption Rate:100%(E)Automatic Early Redemption Valuation Date(s): (F) Automatic Early Redemption Number of Shares: Not Applicable (d) Fund Linked Redemption Amount:Not Applicable (e) Inflation Linked Redemption Amount: Not Applicable (f) Currency Linked Redemption Amount: Not Applicable (g) Commodity Linked Redemption Amount:Not Applicable (h) Bond Linked Redemption Amount: Not Applicable (i) Rate Linked Redemption Amount: Not Applicable 34.
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.