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:
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Examples of Redemption Penalty in a sentence

  • None of the reviewed studies mentioned the costs of program or evaluation research, making it difficult to improve resource allocations in relation to expected outcomes.

  • Where this is the case, any Redemption Penalty outstanding on those Shares will be added to the redemption amount, so that the Shareholder still receives the actual amount requested (with a correspondingly greater reduction in the number of Shares held on the Shareholder's behalf) except where the redemption request represents the Shareholder‟s entire shareholding, the redemption amount will be reduced accordingly.

  • The Science Advisory Board shall transmit this report to the Under Secretary.

  • Redemption ChargesShareholders should note that there is a Redemption Penalty levied on redemptions of Class “B3” Shares which will be deducted from the redemption proceeds and calculated on the basis of the outstanding Redemption Penalty pro-rated for the percentage of the number of Shares for the Redemption in relation to the number of Shares in the original Subscription.However, Shareholders of Class “B3” Shares may request redemption by reference to a specific monetary amount.

  • By way of example, a 7% Authorised Distribution Fee will mean an 84 month amortisation period or Redemption Penalty Period, and 5% would mean a 60 month amortisation period or Redemption Penalty Period.

  • 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.

  • The Authorised Distribution Fee will always be calculated on the Investor’s original Subscription value, and the current value of the investor’s units held thereafter will not have any bearing on this calculation.The Redemption Penalty will decline to 0% having been fully amortised over the Redemption Penalty Period.

  • Should the Investor redeem prior to the lapse of the Redemption Penalty Period, the Investor will incur a penalty equivalent to the unamortised balance of the Authorised Distribution Fee (the “Redemption Penalty”).

  • Such a transfer of liability would therefore also mean the Subscription would carry a Redemption Penalty equivalent to any Authorised Distribution Feeapplied to their initial Subscription.

  • Redemption Penalty for Seed Class investors In relation to Seed Class of units in the Fund, a redemption fee of 5% of the redemption amount (the proceeds of which will remain an asset of the Fund as a whole) will be incurred if the unit has been held for less than 24 months.


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: Early Redemption Date on or afterEarly Redemption Date on or prior toRedemption Penalty (as a percentage of the Face Value)
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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 Period shall have the meaning set forth in Section 23(a) hereof.

  • 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 the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • Redemption Call Right has the meaning ascribed thereto in the Plan of Arrangement.

  • 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 (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%.

  • Redemption Payment Date As defined in Section 13.1.

  • 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.

  • 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 on the Debenture 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 fund by that name established pursuant to Section 5.04.

  • Minimum Redemption means, in relation to the Euro Non-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 shall have the meaning specified in Section 16.02(a).

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Redemption Form means a standardized form prescribed by the Management Company to be duly filled by the investor to redeem Units and will be stated in this Offering Document.