Redemption Penalty definition

Redemption Penalty means, in respect of Class AF Shares, Class AAF Shares and Class AAAF Shares, the unamortised balance of the Sales Charge as described in this Offering Memorandum.
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Redemption Penalty means a contingent redemption fee to the benefit of a particular
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Redemption Penalty means the penalty payable on redemption prior to the Maturity Date of the Notes and will be equal to a percentage of the Face Value being redeemed, with such percentage being determined as follows: Early Redemption Date on or afterEarly Redemption Date on or prior toRedemption Penalty (as a percentage of the Face Value)
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Examples of Redemption Penalty in a sentence

  • The Department shall either destroy the cigarettes seized or may permit the Wholesale Tobacco Dealer from whom the said cigarettes were seized, to redeem the cigarettes and/or any vending machine or receptacle seized therewith, by the payment of a Redemption Penalty equal to 100 percent of the tax due, and including the cost incurred in such proceeding.

  • Company does not bind itself to accept the lowest or any tender and reserves the right to reject all or any bid or cancel the Tender without assigning any reason whatsoever.

  • The Sub-Fund has no lock-up period however Shareholders will be subject to an Early Redemption Penalty if they redeem their Shares within 120 days of their investment as detailed below in Section 15 under the sub-section headed “Redemption Fee”.

  • Shares are not freely transferable and although Shareholders may generally redeem Shares daily such redemptions may be subject to suspensions.In addition, a Class AF, AAF and AAAF Share will be subject to a Redemption Penalty if such Share is redeemed within sixty (60) months of its Dealing Day.

  • If the Directors have, in their sole discretion, amended the percentage of the Sales Charge payable and the term for payment, then the percentage of the redeemed Share's Subscription Price and number of months after the relevant Dealing Day that apply to the calculation of the Redemption Penalty will be amended accordingly.

  • If by facsimile, the request should be sent to (+31) 33 467 38 90, or if by email the request should be sent to castlestone@circlepartners.com.Shares will be redeemed at the Redemption Price of the relevant Class on the relevant Dealing Day, less any applicable Redemption Penalty and other fees and/or charges.

  • After the entire Accreted Principal Amount (including any accrued and unpaid interest) and any Mandatory Redemption Penalty and Change of Control Amount at any time owed on this Note has been paid in full or this Note has been converted in full to ADSs or other property or redeemed in full, this Note shall be surrendered to the Company for cancellation and shall not be reissued.

  • The Company shall pay the Accreted Principal Amount (including any accrued and unpaid interest) and any Mandatory Redemption Penalty and Change of Control Amount of the Note without any deduction for any setoff or counterclaim.

  • The Redemption Price will be an amount equal to the Net Asset Value per Share of the relevant Class calculated as of the Valuation Day less any Redemption Penalty (as described below).Payment of the Redemption Price (subject to any permitted retentions, deductions or contingencies) will be made as soon as possible and in any event will be made no later than ten (10) days after the relevant Dealing Day.

  • Early Redemption Penalty If a Convertible Note is redeemed before the Maturity Date, the Company will issue to the Noteholder one Option for each Convertible Note redeemed.


More Definitions of Redemption Penalty

Redemption Penalty means the penalty payable on redemption prior to the Maturity Date of the Notes and will be equal to a percentage of the Face Value being redeemed, with such percentage being determined as follows:
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Redemption Penalty means, in respect of Class B, E, BB, EE, BBB and EEE Shares, the unamortised balance of the Sales Charge as described in this Offering Memorandum.
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Related to Redemption Penalty

  • Redemption means with respect to any Debt, the repurchase, redemption, prepayment, repayment, defeasance or any other acquisition or retirement for value (or the segregation of funds with respect to any of the foregoing) of such Debt. “Redeem” has the correlative meaning thereto.

  • Redemption Charge means the redemption charge, if any, payable on the redemption of Shares as

  • Redemption Period means the period from, and including, the relevant Redemption Notice Date until the close of business on the second Scheduled Trading Day immediately preceding the related Redemption Date.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the LS Margin Account Agreement relating to the ETP Securities.

  • Redemption Fee means unless specified otherwise in the relevant Supplement, a fee of up to 3% of the Net Asset Value of Shares being redeemed. The Redemption Fee is charged at the absolute discretion of the Directors, in consultation with the Manager. The party or parties entitled to such fee shall be described in the relevant Supplement.

  • Provisional Redemption means the redemption of any Note by the Company pursuant to Section 4.03(B).

  • Redemption Call Right has the meaning provided in the Exchangeable Share Provisions.

  • 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;

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

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Redemption Premium means 125%.

  • Redemption Payment Date As defined in Section 13.1.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Redemption Event has the meaning set forth in Section 3.4.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

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

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

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

  • Redemption Application means an application by a Participating Dealer for the redemption of Units in Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

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

  • Redemption Fund means the Redemption Fund for Refunded Notes created pursuant to Section 501 hereof.

  • Minimum Redemption means, in relation to the Euro RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • 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.

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.