Examples of Cash Redemption Notice in a sentence
Any Cash Redemption Notice must include a valid signature guarantee to be deemed valid by the Trust.
For each Cash Redemption Notice, the Registrar and Transfer Agent shall notify the redeeming Unitholder’s Broker that such Cash Redemption Notice has been deemed insufficient or accepted and duly processed, as the case may be.
The signature of the person executing this Cash Redemption Notice must be guaranteed by a Canadian chartered bank, or by a medallion signature guarantee from a member of a recognized Signature Medallion Guarantee Program.
Any Cash Redemption Notice received after such time will be processed in the next month.
The Cash Notice shall specify that the Company will deposit the Cash Redemption Price in an escrow account specified in the Cash Redemption Notice prior to the expiration of the twenty days.
Upon receipt of the Cash Redemption Notice, the Registrar and Transfer Agent and the Manager will determine as at the Valuation Time on the applicable Monthly Redemption Date the amount of cash that will be delivered to the redeeming Unitholder.
Any Cash Redemption Notice delivered to the Registrar and Transfer Agent regarding a Unitholder’s intent to redeem Units that the Registrar and Transfer Agent or the Manager determines to be incomplete, not in proper form or not duly executed shall for all purposes be void and of no effect and the redemption privilege to which it relates shall be considered for all purposes not to have been exercised thereby.
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A Cash Redemption Notice must be received by the Registrar and Transfer Agent no later than 4:00 p.m. (Toronto time) on the 15th day of the month in which the Cash Redemption Notice will be processed or, if such day is not a Business Day, then on the immediately following day that is a Business Day.
Upon the giving of the Cash Redemption Notice, the deposit of the Cash Redemption Price in the account specified in the Cash Redemption Notice, and the passing of the twenty day period without the Conversion of the Series A Preferred Shares by the holder thereof, the holders of the 1997 Series A Preferred Stock will be deemed to have been redeemed for cash and to only be entitled to receive the Cash Redemption Price upon presentation of their shares of Series A Preferred Stock to the Corporation.