Minimum Redemption Number definition
Minimum Redemption Number means, with respect to a Redemption by any Member, the lesser of (i) 2,000 Common Units and (ii) all of the Common Units held by the Redeeming Member.
Minimum Redemption Number means, in relation to a Class of Share, the minimum number of Shares of that Class of Share or amount in the relevant currency which a Shareholder may redeem pursuant to any single redemption application, as set out in the relevant Supplement. The Directors in their discretion may reduce the Minimum Redemption Number.
Minimum Redemption Number means 1,000 Notes; “Redemption Charge” means 0.5 per cent.; “Redemption Date” means 16 February 2017;
Examples of Minimum Redemption Number in a sentence
Any such Redemption must be for at least the Minimum Redemption Number and, in the case of a Restricted Fiscal Year, such Member may only exercise its Redemption Right on the Quarterly Redemption Date; provided, however, that for all purposes of this Article XI, any Block Transfer shall be treated as a Redemption occurring in a year that is not a Restricted Fiscal Year.
More Definitions of Minimum Redemption Number
Minimum Redemption Number means 1,000 Notes; "Redemption Charge" means 0.5 per cent.; "Redemption Date" means 9 September 2014;