Application for Redemption definition

Application for Redemption means an application for redemption such as the one attached hereto as Schedule C;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Examples of Application for Redemption in a sentence

• By depositing this duly completed Notice with the Fiscal Agent in relation to [specify relevant Series of Instruments] (the "Instruments") in accordance with Condition 6(b) (Application for Redemption), the undersigned Holder of the number of Instruments specified below exercises its option to have such Instruments redeemed in accordance with Condition 6(b) (Application for Redemption) on [date].

• Upon receipt by the Fiscal Agent of a duly completed Redemption Notice and the relevant Individual Instruments in accordance with Condition 6(b) (Application for Redemption), the Fiscal Agent shall notify the Issuer thereof indicating the certificate or serial numbers (if any) and the number of the Instruments in respect of which the Redemption is exercised.

• Payment of units so redeemed shall be made within six Business Days from the date of presentation of the duly completed Application for Redemption at the authorized branch or office of the Distribution Companies.