Redemption Adjustment Amount definition

Redemption Adjustment Amount means the amount in respect of all Securities in the [Specified Currency][Reference Currency] specified as such in § 2 (Reference Asset Data) of Part B (Product and Reference Asset Data).]

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Redemption Adjustment Amount means, for a Series A Preferred Unitholder, in respect of the Scheduled Redemption Date on December 31, 2015, 33-1/3% of the number of Series A Preferred Units redeemed from such Series A Preferred Unitholder pursuant to Paragraph 8(e) on the Scheduled Redemption Date on December 31, 2014, and in respect of the Scheduled Redemption Date on December 31, 2016, the sum of (i) 33-1/3% of the number of Series A Preferred Units redeemed from such Series A Preferred Unitholder pursuant to Paragraph 8(e) on the Scheduled Redemption Date on December 31, 2014, plus (ii) 50% of the number of Series A Preferred Units redeemed from such Series A Preferred Unitholder pursuant to Paragraph 8(e) on the Scheduled Redemption Date on December 31, 2015.

Redemption Adjustment Amount shall be payable only as follows:

Examples of Redemption Adjustment Amount in a sentence

• On the final Payment Date of the Holdback Period, the Final Redemption Adjustment Amount, if any, for such Payment Date shall be allocated to reduce the Class Principal Amount of the outstanding Classes of Notes in reverse order of payment priority (beginning with the Class B Notes) until the Class Principal Amount of each Class of Notes is reduced to zero.

• For the avoidance of doubt, the Redemption Adjustment Amount (if any) shall only be due and payable upon a redemption under and pursuant to this Section 5 and not upon the occurrence of, or in connection with, any other circumstance, event or condition, including without limitation a repurchase pursuant to Section 6 hereof.

• If a Holder of the PISTONS so redeems the PISTONS, such Holder will receive for each PISTONS a cash amount (the “Redemption Price”) equal to (1) the Net Investment Value of the PISTONS on the Trading Day following the fifth calendar day of that Monthly Redemption Period (the “Redemption Valuation Date”) minus (2) a Redemption Adjustment Amount of 0.15% of the Net Investment Value on that Redemption Valuation Date.

• For the avoidance of doubt, no Redemption Adjustment Amount shall be payable in connection with any Termination Redemption.

• For the avoidance of doubt, if the related redemption occurs as a result of a Regulatory Event specified in clause (A) or (B) of the definition of Regulatory Event, there will be no Holdback Period and there will be no Final Redemption Adjustment Amount.

• The Bank shall not effect a redemption of the Notes pursuant to this Section 14(a) if any Redemption Adjustment Amount would be allocable to the Notes on the related Payment Date pursuant to Section 7.

More Definitions of Redemption Adjustment Amount

Redemption Adjustment Amount means, for the Note Maturity Date or the Initial Redemption Date, as applicable, an amount equal to either (i) $0, if the related redemption occurs as a result of a Regulatory Event specified in clause (A) or (B) of the definition of Regulatory Event or (ii) in any other instance not specified in clause (i), the sum, for all Reference Obligations that are Severely Sub- Performing Reference Obligations as of the end of the calendar month preceding the Note Maturity Date or the Initial Redemption Date, as applicable, of the following amount with respect to each such Severely Sub-Performing Reference Obligation: the excess, if any, of (a) the sum of (1) the Unpaid Principal Balance of the Severely Sub-Performing Reference Obligation as of the end of the calendar month preceding the Note Maturity Date or the Initial Redemption Date, as applicable, (2) all accrued but unpaid interest on such Severely Sub-Performing Reference Obligation (to the extent that such accrued but unpaid interest has not been included in the Unpaid Principal Balance of such Severely Sub-Performing Reference Obligation) through the end of the calendar month preceding the Note Maturity Date or the Initial Redemption Date, as applicable, (3) the amount of all unreimbursed Servicing Advances in respect of such Severely Sub-Performing Reference Obligation that are not included in the Unpaid Principal Balance of such Severely Sub-Performing Reference Obligation as of the end of the calendar month preceding the Note Maturity Date or the Initial Redemption Date, as applicable, and (4) the amount of all payments that were the subject of a Forbearance and that have not previously been paid by the Mortgagor over (b) the value of the related Mortgaged Property as reported by the Redemption Calculation Agent pursuant to the Redemption Calculation Agent Agreement.

Redemption Adjustment Amount means an amount equal to the aggregate amount, if any, of redemptions of Acquiror Stock by any Redeeming Stockholders in excess of $25,000,000, up to a maximum of $100,000,000. For the avoidance of doubt, in no event shall the Redemption Adjustment Amount be less than $0 or greater than $75,000,000. For illustrative purposes, if the aggregate amount of redemptions of Acquiror Stock by any Redeeming Stockholders is $50,000,000, then the Redemption Adjustment Amount shall be $25,000,000.

Redemption Adjustment Amount for a Determination Period means an amount per Note (which may be positive or negative) determined by the Calculation Agent as:

Redemption Adjustment Amount means, for the Note Maturity Date or the Initial Redemption Date, as applicable, an amount equal to either (i) $0, if the related redemption occurs as a result of a Regulatory Event specified in clause (A) or (B) of the definition of Regulatory Event or (ii) in any other instance not specified in clause (i), the sum, for all Reference Obligations that are Severely Sub-