Purchase for Cancellation definition

Purchase for Cancellation means the purchase for cancellation by the Company of all of the Purchase for Cancellation Shares in accordance with this Agreement and Schedule Error! Reference source not found.;
Sample 1

Examples of Purchase for Cancellation in a sentence

  • Purchase for Cancellation The Company may purchase Debentures for cancellation at any time in whole or in part, subject to any required regulatory approval.

  • Purchase for Cancellation Subject to the provisions of the Bank Act, the prior consent of the Superintendent and certain conditions being met, the Bank may at any time purchase for cancellation any series of Preferred Shares outstanding, in the open market at the lowest price or prices at which in the opinion of the Board of Directors of the Bank such shares are obtainable.

  • Purchase for Cancellation of Class A Non-voting Shares: Central Fund may, at any time or times, subject to applicable regulatory requirements, purchase for cancellation in the open market or by invitation for tenders to all holders all or any part of the Class A non-voting shares then outstanding at the market price or lowest tender price per Class A non-voting share, as the case may be.

  • Purchase for Cancellation Subject to applicable law, the Company may at any time or times purchase Preferred Shares and Class A Shares for cancellation at prices per Unit not exceeding the NAV per Unit on the Business Day immediately prior to such purchase up to a maximum in any twelve month period of 10% of the outstanding public float of Preferred Shares and Class A Shares.

  • Purchase for Cancellation The Declaration of Trust provides that the Fund may, in its sole discretion, from time to time, purchase (in the open market or by invitation for tenders) Units for cancellation subject to applicable law and stock exchange requirements.

  • Purchase for Cancellation The Corporation may purchase (if obtainable) for cancellation the whole or any part of the Class A Preference Shares, Series 2 in the open market or by invitation for tenders at a price not exceeding C$25.00 per share plus accrued and unpaid dividends and costs of purchase.

  • Purchase for Cancellation The Corporation may purchase (if obtainable) for cancellation the whole or any part of the Class A Preference Shares, Series 7 through the facilities of a stock exchange on which the Class A Preferred Shares, Series 7 are listed, or in any other manner, at a price not exceeding C$25.00 per share plus accrued and unpaid dividends and costs of purchase.

  • Purchase for Cancellation The Declaration of Trust provides that the Fund may, in its sole discretion, from time to time, purchase (in the open market or by invitation for tenders) Units for cancellation subject to applicable law and stock exchange requirements, in all cases at a price per Unit not exceeding the most recently calculated Net Asset Value per Unit of a Unit immediately prior to the date of any such purchase of Units.

  • Purchase for Cancellation Subject to the provisions of the Bank Act, the prior consent of the Superintendent and certain conditions being met, the Bank may at any time purchase for cancellation any series of Preferred Share outstanding, in the open market at the lowest price or prices at which in the opinion of the Board of Directors of the Bank such shares are obtainable.

  • See “Description of Conversion Preferred Shares.” Purchase for Cancellation: .

Related to Purchase for Cancellation

  • Cancellation Notice has the meaning given in Clause 8.6;

  • Cancellation means an end to the Contract affected pursuant to a right which the Contract creates due to a Breach.

  • Cancellation Policy Day tour cancellations are accepted by phone, mail, or email to xxxxxxx.xxxxxxxxxx@xxxxxxx.xxx. Refunds will be provided within 30 days from the date of cancellation. The following cancellation penalties apply: Cancellation Penalty* 30 days or more before departure $10 processing fee + non-refundable show ticket cost (if applicable) 29 to 14 days before departure $40 + non-refundable show ticket cost (if applicable) 13 to 1 day before departure or “no shows” 100% of tour price (no refund) *Exceptions: In the event a travel provides his or her own replacement or a replacement traveler can be found, travelers will only be charged a $10.00 processing fee Cancellations for emergency medical reasons (accompanied by a doctor’s note) will be reviewed and exceptions are possible on a case-by-case basis. Bus America will always work with our vendors and passengers to maximize refunds in the case of unexpected medical emergencies. Responsibilities: Bus America reserves the right to make changes to a tour date or a tour itinerary due to unforeseen circumstances. Bus America, an operational division of Group Tours, Inc., acts as an agent in making and securing arrangements for group transportation, accommodations, meals, and activities. Bus America does not own, manage, control, or operate any vehicle, hotel, restaurant, or any other supplier of services. By accepting the program, you agree that neither Bus America nor any of their representatives shall be liable for any loss, injury, or damage to you or your belongings or in connection with any accommodations, transportation, or other services resulting directly or indirectly from any occurrences beyond their control.

  • Cancellation Date means the date on which the written notice of cancellation of a health insurance policy is received by the fund or the last date to which premiums were paid.

  • Cancellation Period means the 90-day period, beginning

  • Index Cancellation means in respect of an Index, the Index Sponsor in respect of that Index permanently cancels such Index and no Successor Index is designated.

  • Cancellation Fee is an Individual Charge to an Attendee for a reservation cancellation or “no show” or for early and unauthorized check-out. The Contractor may not charge any Cancellation Fee to an Attendee scheduled to participate in that part of a Program terminated pursuant to the termination for cause provision set forth in Exhibit A.

  • Purchase Event means any of the following events:

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • Mandatory Purchase Event means, (i) in connection with the termination of the VRDP Shares Purchase Agreement due to its expiration as of a Scheduled Termination Date, by the fifteenth day prior to any such Scheduled Termination Date, (a) the Liquidity Provider shall not have agreed to an extension or further extension of the Scheduled Termination Date to a date not earlier than 364 days from the Scheduled Termination Date of the VRDP Shares Purchase Agreement then in effect, and (b) the Corporation shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 364 days from the Scheduled Termination Date of the VRDP Shares Purchase Agreement, or (ii) in connection with the termination of the VRDP Shares Purchase Agreement due to a Liquidity Provider Ratings Event or Related Party Termination Event, by the fifteenth day prior to the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, the Corporation shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 364 days from the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, of the VRDP Shares Purchase Agreement. The Mandatory Purchase Event shall be deemed to occur on such fifteenth day prior to any Scheduled Termination Date, Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be.

  • Repurchase As defined in Section 2.03(a) of this Agreement.

  • Repurchase Request Withdrawal As defined in Section 2.03(a) of this Agreement.

  • Repurchase Request As defined in Section 2.03(g).

  • Purchase Request or "purchase requisition" means that document whereby a using

  • Repurchase Request Recipient As defined in Section 2.03(g).

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Cancellation Charge has the meaning given to that term in paragraph 5.1 of Part 2; "Core Operational Period" in relation to any part of the Network, means the period of the day when that part is generally open to train movements;

  • Repurchase Request Rejection As defined in Section 2.03(a) of this Agreement.

  • Notice of Removal means a notice, under clause 17.4.5, from an Association to a Nominated Person Removing the Nominated Person.

  • Legend Removal Date shall have the meaning ascribed to such term in Section 4.1(c).

  • Servicer Termination Notice Defined in Section 6.15.

  • Mandatory Purchase means the mandatory purchase of Outstanding VRDP Shares by the Liquidity Provider pursuant to this Agreement in connection with a Mandatory Purchase Event.

  • Form of Fundamental Change Purchase Notice means the “Form of Fundamental Change Purchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Removal Notice shall have the meaning specified in Section 2.07(b).