Redemption Ratio definition

Redemption Ratio means, in respect of any Redemption Date, a fraction, the numerator of which is the number of Shares being redeemed on such Redemption Date and the denominator of which is the total number of Shares subject to this Warrant at the Date of Grant (as adjusted pursuant to Section 4).
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Redemption Ratio means the amount determined in accordance with Section 7.07(d).
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Redemption Ratio means a fraction, the numerator of which is the Value of such Stablecoin on such payment date and the denominator of which is one U.S. dollar ($1); and “Value” means, for each Stablecoin, the U.S. dollar redemption value for one of such Stablecoin as established by the issuer or sponsor of such Stablecoin on such payment date.
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Examples of Redemption Ratio in a sentence

  • The Redemption Ratio will be set to the effect that the Company will issue a whole number of the Series A Stock only to the Bidder and SCI Ventures.

  • The Company distributing a dividend.The Redemption Ratio will be adjusted in accordance with French law and the terms of the issue agreement in such a way that the total value of the number of Company shares, to which an ORANE gives right immediately following the occurrence of any event cited above, shall be equal to the total value of the number of shares to which an ORANE gives rights immediately before the occurrence of the said event.The new Redemption Ratio will be expressed to the nearest hundredth.

  • Corporate Data • Term Deposits Redemption Ratio Targeting yen-based term deposits, the redemption rate is set after checking past redemption results.

  • Information for Holders of ORANE in the event of adjustment In the event the Redemption Ratio is adjusted, the Company will inform the Holders of ORANEs by means of a notice published in a nationally disseminated financial newspaper at the latest 5 business days following the day on which the new adjustment takes effect.

  • In the case of capital increase by incorporation of reserves, profits or issue premiums by increasing the nominal value of shares, the Redemption Ratio will not be adjusted but the nominal value of shares used for repayment of an ORANE will be correspondingly raised.

  • In the event of conventional liquidation of the Company, each ORANE Holder will be authorised to choose between (i) redemption of the ORANEs in new shares of the Company according to the Redemption Ratio (as defined below) and (ii) redemption of the ORANEs in cash.

  • Any potential adjustments will be made on the basis of the Redemption Ratio calculated and rounded as above.However, ORANEs may be redeemed only in a full number of shares, the fractioning rules for which arespecified in section 5.11.

  • This redemption ratio may be adjusted in accordance with the adjustment methods described in sections 5.10 below (subject to an adjustment ratio, hereinafter the "Redemption Ratio").

  • This paper invites the Committee to consider Legislative Consent Memorandums (LCMs) in relation to the following UK Government Bills:  Financial Services Bill 2019-21  Counter-Terrorism and Sentencing Bill 2019-21 2.

  • Early redemption of ORANEs at Holders' request Each ORANE Holder (an “ORANE Holder”) may, at any time from 8 June 2009 and until the Maturity Date, request the early redemption of his/her ORANEs in accordance with the Redemption Ratio in force on the date that the early redemption request is formally made.


More Definitions of Redemption Ratio

Redemption Ratio means, (i) if on any Redemption Date, a fraction, the numerator of which is the Redemption Value, and the denominator of which is the Conversion Price at such time, and (ii) if on the Automatic Redemption Date, a fraction, the numerator of which is the Initial Stated Value, and the denominator of which is the Conversion Price at such time.
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Redemption Ratio means the lesser of (a) 0.25 and (b) a number equal to (i) 0.25 multiplied by (ii) a fraction (A) the numerator of which is the number of Pathfinder Class A Shares with respect to which a Pathfinder Shareholder Redemption has been exercised and (B) the denominator of which is the total number of Pathfinder Class A Shares outstanding as of the date hereof.
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Redemption Ratio means such number as is determined by Subco to be the number of shares of Subco Common Stock to be issued for each share of Company Common Stock as part of the Merger Consideration.
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Redemption Ratio means the percentage value realized by dividing Aggregate Card Redemptions by Aggregate Card Issuance. “Reporting Period” means the period of time beginning on the first day of July 1, 2008 through June 30, 2009, and each subsequent twelve (12) month period thereafter while the Agreement is in effect. The Reporting Period may be varied by agreement of the parties. “Report” means the schedule prepared by Company showing the Reporting Period, Aggregate Card Issuance, Aggregate Card Redemptions, Trademark Licensing Fee, Handling Fee, and Reimbursable Card Costs that took place or was incurred during the Reporting Period. “Merchandise Return Credits” means merchandise return cards or credits. “Termination Date” shall mean 30 days after written notice of termination has been deemed delivered pursuant to paragraph 5.09. “Trademark Licensing Fee” means the consideration credited to Company for CardFact’s use of Company’s trademarks on Cards. ARTICLE II CARDS PROGRAM COMPENSATION 2.01 Aggregate Card Issuance. Company shall pay to CardFact the value of the Aggregate Card Issuance. 2.02 Aggregate Card Redemptions. CardFact shall pay to Company the value of the Aggregate Card Redemptions. 2.03 Trademark Licensing Fee. CardFact shall pay to Company the Trademark Licensing Fee. The Trademark Licensing Fee shall be based on a percentage (the “Trademark Licensing Fee Percentage”) of the Aggregate Card Issuance and shall be calculated in accordance with the Trademark Licensing Fee Percentage Table, attached hereto as Exhibit A. The Trademark Licensing Fee Percentage and/or Trademark Licensing Fee Percentage Table may be adjusted at any time by written agreement of both parties. The terms under which the trademarks are licensed are further articulated in the Licensing Agreement attached hereto as Exhibit B. 2.04 Handling Fee. CardFact shall pay to Company the Handling Fee. The Handling Fee shall be based on a percentage of the Aggregate Card Issuance and shall be calculated in accordance with the Handling Fee Computation, attached hereto as Exhibit C. The Handling Fee Computation may be adjusted at any time by written agreement of both parties 2.05 Reimbursable Card Costs. CardFact shall pay to Company the Reimbursable Card Costs. Reimbursable Card Costs has the meaning set forth in paragraph 1.04 herein.
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Redemption Ratio shall have the meaning assigned to it in the recitals to this Agreement.
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Redemption Ratio. The ratio (carried out to four decimal places) applied when redeeming Partnership Units for REIT Shares, which shall initially be 1.0. In the event that on or after the date of this Agreement the General Partner (i) declares or pays a dividend on its outstanding REIT Shares in REIT Shares or makes a distribution to all holders of its outstanding REIT Shares in REIT Shares, (ii) subdivides its outstanding REIT Shares or (iii) combines its outstanding REIT Shares into a smaller number of REIT Shares, the Redemption Ratio shall be adjusted by multiplying the Redemption Ratio by a fraction, the numerator of which shall be the number of REIT Shares issued and outstanding on the record date (assuming for such purposes that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of REIT Shares (determined without the above assumption) issued and outstanding on the record date for such dividend, distribution, subdivision or combination. In the event that the Partnership (a) declares or pays a distribution on the outstanding Partnership Units or makes a distribution to all Partners in Partnership Units, (b) subdivides the outstanding Partnership Units or (c) combines the outstanding Partnership Units into a smaller number of Partnership Units, the Redemption Ratio shall be adjusted by multiplying the Redemption Ratio by a fraction, the numerator of which shall be the actual number of Partnership Units issued and outstanding on the record date (determined without giving effect to such dividend, distribution, subdivision or combination), and the denominator of which shall be the actual member of Partnership Units (determined after giving effect to such dividend, distribution, subdivision or combination) issued and outstanding on such record date. Any adjustment to the Redemption Ratio shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.
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Related to Redemption Ratio

  • Redemption Value means, in respect of a Unit, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.

  • Make-whole Redemption Rate means (i) the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security on the fourth Business Day preceding the Make-whole Redemption Date at 11:00 a.m. (Central European Time ("CET")) ("Reference Dealer Quotation") or (ii) the Reference Screen Rate, as specified in the relevant Final Terms.

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

  • Redemption Percentage means:·on any Redemption Order Date, a fraction, expressed as a percentage:–the numerator of which is the aggregate number of Down MacroShares that are being redeemed and the denominator of which is the aggregate number of Down MacroShares that are outstanding prior to the redemption, in the case of the Down MacroShares; and –the numerator of which is the aggregate number of Up MacroShares that are being redeemed and the denominator of which is the aggregate number of Up MacroShares that are outstanding prior to the redemption, in the case of the Up MacroShares; or·on the Final Scheduled Termination Date or an Early Termination Date, a percentage equal to 100%.

  • SPS Redemption Valuation Date means the Settlement Price Date.

  • Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.

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

  • Final Redemption Value means the Underlying Reference Value.

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

  • 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;

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

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Redemption Period shall have the meaning set forth in Section 23(a) hereof.

  • 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 Calculation Date means the sixth Payment Business Day prior to the date on which the Notes are redeemed as a result of any event specified in this § 5(3).(b) Notice of redemption shall be given by the Issuer to the Holders in accordance with § 14 and shall be delivered to the Fiscal Agent not less than 15 days before and shall at least specify:

  • Early Redemption Factor (k) means the "Early Redemption Factor (k)" as specified in § 1 of the Product and Underlying Data.

  • 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;

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • 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.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).