Redemption Plan definition

Redemption Plan has the meaning assigned to such term in ‎Section 4.6.
Redemption Plan has the meaning assigned to such term in Section 4.6 of this OPERATING AGREEMENT REIT: means a real estate investment trust within the meaning of Sections 856 through 860 of the Code. ROLL-UP TRANSACTION: has the meaning assigned to such term in Section 10.6(a) of this OPERATING AGREEMENT.
Redemption Plan has the meaning ascribed to it in Section 8.3.

Examples of Redemption Plan in a sentence

  • In its sole discretion and to the fullest extent permitted by applicable laws and regulations, the Manager may set the terms, conditions and restrictions of any Redemption Plan and may amend, suspend, or terminate any such Redemption Plan at any time for any reason.

  • The Majority Warrantholder Manager shall automatically be removed from the Board without any further action in the event that less than 50% of the Common Units issuable upon the exercise in full of all Warrants outstanding as of the 2017 Warrant Original Issue Date remain unexercised.

  • The Manager may also, in its sole discretion and to the fullest extent permitted by applicable laws and regulations, decline any particular redemption request made pursuant to a Redemption Plan if the Manager believes such action is necessary to preserve the Company’s status as a REIT.

  • Program operators and community providers:Responsible for developing and delivering programs, initiatives, and services that are designed to achieve client outcomes and for reporting performance measures that have been jointly developed by providers, public agencies, and private funders.

  • Any Redemption Plan shall allow the Company to repurchase shares if such repurchase does not impair the capital or operations of the Company.

  • The Company may adopt a Redemption Plan on the terms and conditions approved by the Directors.

  • A determination by the Board to terminate, amend or suspend the Redemption Plan will require the affirmative vote of a majority of the Trustees, including a majority of the independent Trustees.

  • The Limited Partnership may utilize a registered broker dealer in connection with the redemptions under this Redemption Plan.

  • Additionally, the Board, in its sole discretion, may terminate, amend or suspend the Redemption Plan if it determines to do so is in the best interest of the Limited Partnership.

  • The Limited Partnership may make purchases under the Redemption Plan quarterly, at its sole discretion, on a pro rata basis.


More Definitions of Redemption Plan

Redemption Plan means the Company’s Amended and Restated Redemption Plan, effective as of June 16, 2004, as the same may from time to time be amended or modified.
Redemption Plan shall have the meaning specified in Section 11.3.
Redemption Plan means the plan delivered by the Company to Administrative Agent and Lenders dated July, 2002, describing the amounts Holdings and its Subsidiaries intend to expend in connection with the redemption and/or repayment of the Convertible Subordinated Notes.
Redemption Plan is defined in Section 9.05(e).
Redemption Plan has the meaning assigned to such term in Section 4.6 of this OPERATING AGREEMENT

Related to Redemption Plan

  • 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.

  • Redemption Agreement has the meaning set forth in the Recitals.

  • Redemption Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 5.1 hereof.

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

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

  • Redemption Notices means, collectively, the Event of Default Redemption Notices and the Company Optional Redemption Notices, and each of the foregoing, individually, a “Redemption Notice.”

  • 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.

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

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

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Redemption Provisions Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Repayment Provisions: Optional Repayment Date(s):

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

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • 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:

  • Redemption Payment Date As defined in Section 13.1.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

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

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

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

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

  • 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.

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

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

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • 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;