Redemption Sale definition

Redemption Sale has the meaning set forth in Section 11.03(f).
Redemption Sale shall have the meaning assigned to such term in Section 2.2(a)(iii).

Examples of Redemption Sale in a sentence

  • In limited circumstances where Carbon Securities are being redeemed by sale of allowances instead (“Carbon Sale”), the Securityholder is entitled to receive its share of the Net Redemption Sale Proceeds of an amount of cash received by the Issuer (less any Redemption Fee) in respect of the Carbon Securities being redeemed.

  • If the anticipated closing date of the Redemption Sale shall be delayed, the Corporation shall promptly EXHIBIT E notify all holders of Series E Preferred Stock of the new anticipated closing date.

  • In such event, unless otherwise specifically instructed by such Registered Holder(s), FPM shall redeem the Certificate(s), at the Redemption Sale Price, as of the Requested Redemption Date promptly after there are sufficient funds in the Redemption Reserve Fund, provided such Certificate(s) have not earlier matured.

  • FPM is exclusively responsible for payment of profits, Encashment Value, Redemption Purchase Price and the Redemption Sale Price and the same is not guaranteed in any manner by the Government of Pakistan or Securities and Exchange Commission of Pakistan or by any other person.

  • The amount of Redemption Sale Price and the Redemption Purchase Price, as applicable, shall be approved by the Trustee prior to its payment by FPM.

  • The Corporation shall bear all of the costs of any actual or proposed Redemption Sale and such costs shall come out of the proceeds of such Redemption Sale (including without limitation a Redemption Sale after a Sale Trigger).

  • Following the surrender of the Redemption Lease Assets and the entry by the Government of Malaysia, via the Federal Lands Commissioner, and the Trustee into a Redemption Sale Agreement, the Trustee shall cancel the relevant Malaysia Certificates in accordance with the terms of the Declaration of Trust, the Redemption Undertaking and these Conditions.

  • The Metal Agent acknowledges and agrees that nothing in this Agreement shall release any security interest over all or any Net Sale Proceeds which are Net Redemption Sale Proceeds.

  • Johnson • Stockholder Buy-Sell Agreements and Business Continuity Agreements • Operating Agreements and Partnership Agreements CORPORATIONS & PARTNERSHIPS • Formation, Merger, and Dissolution of Corporations • Redemption, Sale, andTransfer of Equity Interests • Employment and Contractor Agreements • Executive Compensation/Incentive Plans • Employee Stock Options Plans Lindsay Johnson Jared Johnson N.

  • Hoffman Daniel Hofherr • Stockholder Buy-Sell Agreements and Business Continuity Agreements • Operating Agreements and Partnership Agreements CORPORATIONS & PARTNERSHIPS • Formation, Merger, and Dissolution of Corporations • Redemption, Sale, andTransfer of Equity Interests • Employment and Contractor Agreements • Executive Compensation/Incentive Plans • Employee Stock Options Plans Paul Homsy Gregory P.

Related to Redemption Sale

  • 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 Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

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

  • 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 Event has the meaning set forth in Section 3.4.

  • 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 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.

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.

  • Redemption Right has the meaning set forth in Section 11.01(a).

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

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

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

  • 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.

  • 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 Call Purchase Price has the meaning set out in Section 5.2(a).

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

  • Redemption Basket means 100,000 Units or such other number of Units as may be determined by the General Partner from time to time, redeemed by a Participant.

  • 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;

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

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

  • 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 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.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.