Class C Redemption definition

Class C Redemption. As defined in Section 9.1(C) hereof.
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Class C Redemption. The redemption of all outstanding Class C Shares pursuant to Section 6.8 of the Declaration of Trust.
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Class C Redemption. As defined in Section 9.1(C) hereof. Class C Redemption Price: As defined in Section 9.1(C) hereof.
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Examples of Class C Redemption in a sentence

  • Upon a Class C Redemption by the Partnership, the Class C Limited Partner shall have no further right to receive any Partnership distributions or allocations in respect of the Class C Units so redeemed.

  • The Class C Preferred Stock shall be mandatorily redeemable in whole upon the Redemption Allowance Date (the "Class C Redemption Event").

  • After such reversion such bank or trust company shall, upon demand, pay over to the Corporation such unclaimed amounts and thereupon such bank or trust company shall be relieved of all responsibility in respect thereof to such holder and such holder shall look only to the Corporation for the payment of the Class C Redemption Price.

  • In the event that the Corporation is prevented from redeeming the Class C Preferred Stock when required in accordance with the foregoing sentence, whether by contract or law, dividends will accrue and cumulate thereon at an annual rate of nine percent (9%) from the date payment is due as a result of such Class C Redemption Event pursuant to Section 10.5.3, until the redemption occurs.

  • On any such redemption, the Corporation shall pay a purchase price per Class C Common Shares equal to the product of (i) the Class C Common Redemption Premium and (ii) the Liquidation Amount (plus all accrued and accumulated but unpaid dividends thereon) of such Class C Common Share as of the Class C Redemption Date (as defined below).

  • See the section entitled “Distributions” for a discussion of the terms “Net Cash From Operations,” “Net Cash From Sales or Refinancings” and “Preferred Return.” The Class C Membership Units have no right to sell, assign, or transfer, can be repurchased by the Company at any time, and are redeemable by the Company on the Mandatory Class C Redemption Date.

  • Redemptions made pursuant to this Section 6B shall apply only to the Class C Common Shares that are outstanding on the Class C Redemption Date.

  • The Corporation shall mail written notice of each redemption of any Class C Common Shares to each record holder thereof not more than 60 days nor less than 10 days prior to the date on which such redemption is to be made (the "Class C Redemption Date").

  • In the event of the liquidation, dissolution or winding-up of Western or other distribution of assets of Western among its shareholders for the purpose of winding-up its affairs, the holders of the Class C Shares shall be entitled, subject to the rights of the holders of the Class B Shares, to receive an amount per Class C Share equal to the Class C Redemption Amount.

  • Those Class C Members electing not to convert after the Mandatory Class C Redemption Date, shall have the option, until such Member’s Class C Membership Units have been redeemed, to convert to Class C-1 Membership Units on each anniversary of the Mandatory Class C Redemption Date, in accordance with Section 6.12.


More Definitions of Class C Redemption

Class C Redemption has the meaning ascribed to it in the recitals to this Agreement.
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Related to Class C Redemption

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • 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.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

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

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • 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;

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

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

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

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

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

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

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Special Redemption Date has the meaning set forth in Section 10.2.