Redemption Price Per Share definition

Redemption Price Per Share means the Optional Redemption Price (as defined in the Warrants) which was paid to the Warrant Securityholders pursuant to Section 5.3 of the Warrants (determined on a per share basis by reference to the number of shares of Non-Voting Common Stock issuable upon exercise of the Warrants that were redeemed) plus interest thereon from the Optional Redemption Date to the date of the relevant Adjustment Event referred to in clause (a) or (b) of Section 2.7 at a rate per annum announced by Bank of America, N.A. from time to time as its prime rate (calculated on the basis of a 360-day year for the actual number of days elapsed).

Redemption Price Per Share means the price at which a Share may be redeemed in any open-

Redemption Price Per Share means the Optional Redemption Price (as defined in the Warrants) which was paid to the Warrant Securityholders pursuant to Section 5.3 of the Warrants (determined on a per share basis by reference to the number of shares of Voting Common Stock issuable upon exercise of the Warrants that were redeemed).

Examples of Redemption Price Per Share in a sentence

• Each Option that vests pursuant to this Section 10(b) shall be immediately cancelled in exchange for cash payable by the Company for each Share subject to the cancelled Option equal to the amount, if any, by which the Redemption Price Per Share exceeds the exercise price per Share of the Option.

• The Corporation shall have the right, but not the obligation, to redeem shares of Series A Preferred Stock (from each Holder on a pro rata basis) from time to time, in part or in whole, out of funds legally available therefor, at a price per share equal to the Redemption Price Per Share (such redemption, the “Optional Redemption”).

• On the third anniversary of the Closing Date, the Corporation shall redeem only out of funds legally available therefor, all outstanding shares of the Series A Preferred Stock at a price per share equal to the Redemption Price Per Share; provided that such date may be extended (A) up to an additional two years by consent of the Requisite Holders, or (B) for any period of time by consent of all Holders (such redemption, the “Anniversary Based Redemption”).

• In any Liquidation Event that involves both cash and non-cash consideration, the cash consideration shall be first applied to pay the Redemption Price Per Share.

• Upon receipt of such a notice, the Company shall redeem the Series C Shares specified in such notice, with effect as of noon Bermuda time on that Redemption Date, by at its option either (i) paying cash in the amount of USD$162,708.222149 per share (the "Redemption Price Per Share") or (ii) canceling an equal amount of indebtedness of the holder under the Special Note, Series C.

More Definitions of Redemption Price Per Share

Redemption Price Per Share means, in respect of a Redemption Event, the aggregate consideration paid by the Company in respect of each outstanding share of the Applicable Class redeemed or otherwise acquired by the Company or in respect of which the Company made a payment of the type described in clause (y) of the definition of Redemption Event, in either case in connection with such Redemption Event.

Redemption Price Per Share means the price at which a Share may be redeemed as specified in the section of this Prospectus titled “Redemptions and Conversions”."Redemption Request"means any redemption request to be completed by Shareholders as prescribed by the ICAV from time to time."Reference Currency"means the currency of account of a Class of Shares as specified in the relevant Supplement relating to that Fund where applicable.“Rulebook”means any rulebook issued by the Central Bank in relation to alternative investment funds pursuant to the Act or any regulations, notices or guidance issued by the Central Bank in lieu thereof or supplemental thereto.“Secretary”means Tudor Trust Limited appointed to act as corporate secretary to the ICAV.“SFDR”means Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector as may be amended, updated or supplemented from time to time.SFDR level 2means Commission Delegated Regulation 2022/1288 as may be amended, updated or supplemented from time to time.“SFT”means “securities financing transactions” as defined under the SFTR.“SFTR”means Regulation EU 2015/2365 of the European Parliament and of the Council on transparency of securities financing transactions and of re-use and amending Regulation (EU) No 648/2012 as amended, consolidated or substituted from time to time."Share"means a redeemable participating share or, save as otherwise provided in this Prospectus, a fraction of a participating share in the capital of the ICAV. Shares are intangible personal property which give the holders thereof certain legal rights."Shareholder"means a person who is registered as the holder of Shares in the register of Shareholders for the time being kept by or on behalf of the ICAV.

Redemption Price Per Share means a price equal to the sum of (i) the Return Factor multiplied by the Stated Value, and (ii) Accrued Dividends.

Redemption Price Per Share means the price at which a Share may be redeemed as specified in the section entitled “REDEMPTIONS AND CONVERSIONS”.

Redemption Price Per Share means, with respect to each share of the Series G1 Preferred Stock, the greater of (A)(i) the average Per Share Market Value of such shares for the five (5) Trading Days immediately preceding the Conversion Date multiplied by (ii) the number of shares equal to the Conversion Ratio on the Conversion Date, and (B)(1) the Stated Value of such shares, plus any accrued but unpaid dividends on such shares, multiplied by (2) 120%.

Redemption Price Per Share means (A)(i) Cumulative Adjusted Earnings multiplied by (ii) the Average Adjusted Earnings Delta Factor multiplied by (iii) seven and one-half basis points (.00075) plus (B) any accrued and unpaid dividends on a share of this Series; provided however, that the Redemption Price Per Share shall not be less that the stated value per share.

Redemption Price Per Share means the Optional Redemption Price (as defined in the Warrants) which was paid to the Warrant Securityholders pursuant to Section 5.03 of the Warrants (determined on a per share basis by reference to the number of shares of Company Common Stock represented by the Warrants that were redeemed) plus interest thereon from the Optional Redemption Date to the date of the relevant Adjustment Event referred to in clause (a) of Section 2.08 at a rate per annum announced by NationsBank of North Carolina, N.A. from time to time as its prime rate (calculated on the basis of a 360-day year for the actual number of days elapsed).