Examples of Retraction Price in a sentence

The amount paid by the Company in respect of each Share for which it properly receives a Retraction Notice (the Retraction Price) shall be the amount equal to the paid up capital of the Share plus any dividends then declared and payable but not yet paid on such share less the Share’s pro-rata proportion of any deficit in the Company at the Effective Date.
If the NAV per Unit is less than $10.00, the Class A share Retraction Price will be nil.
In the event that the Corporation shall not have made payment of the Retraction Price, in a manner provided for, on or before the Retraction Date, the holder of the Retracted Shares shall have the option to rescind the redemption, in which event the rights of the holder of the Retracted Shares shall remain unaffected, or to otherwise require the Corporation to redeem the Retracted Shares and pay the Retraction Price plus interest as aforesaid.
Such tender shall be irrevocable unless payment of the Retraction Price shall not be duly made by the Company to the holder on or before the Retraction Payment Date.
In the event that payment of the Retraction Price is not made by the Company on or before the Retraction Payment Date, the Company shall forthwith thereafter return the holder’s deposited share certificate or certificates to the holder.

More Definitions of Retraction Price

Retraction Price has the meaning provided in Section 6.1.

Retraction Price has the meaning set out in Section 6.1(1) of the Exchangeable Share Provisions.

Retraction Price has the meaning provided in Section 6. 1.

Retraction Price means for each Common Share the lesser of:

Retraction Price has the meaning set out in Section 6.1(1).

Retraction Price has the meaning ascribed thereto in Section 5.1 of this Indenture;

Retraction Price has the meaning ascribed thereto in section 7.1 hereof,