Redemption Claims definition

Redemption Claims means the outstanding amounts (whether payable in cash or in other property) owed to the Fund Shareholders who have notified Wimbledon in writing, or may prior to the Conversion Date notify Wimbledon in writing, in each case during a period when redemptions from the Fund have not been suspended by the board of directors of the Fund, that such Persons either (a) seek to withdraw their capital from the Fund, or (b) are owed money in connection with the redemption of their shares from the Fund.
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Redemption Claims means the outstanding amounts (whether payable in cash or in other property) owed to any and all Limited Partners of any of the Funds who have notified Stillwater or SCP LLC, or may prior to the Closing Date notify Stillwater or SCP LLC that such Persons either (a) seek to withdraw their capital from one or more of the Funds, or (b) are owed money in connection with the redemption of their shares from such Fund(s).
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Redemption Claims means, irrespective of whether or not redemptions from the Fund have been suspended, the outstanding amounts (whether payable in cash or in other property) that are owned or may in the future be owed to any one or more Fund Shareholders who have notified or may notify the applicable Fund or Stillwater in writing prior to the Closing Date, that such Persons either (a) desire to withdraw their capital from such Fund, or (b) are owed money in connection with the redemption of their shares from such Fund.
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Examples of Redemption Claims in a sentence

  • Except as set forth on Schedule 4.12, to the Knowledge of the Stillwater Parties no other Redemption Claims are pending.

  • Following the Closing Date, the Surviving Entity shall commence to repay such Affiliated Obligations only after all Redemption Claims as at the Closing Date shall have been paid in full or otherwise satisfied, and then in accordance with the applicable provisions of the Management Agreement.

  • Following the Closing Date, the Buyer shall commence to repay such Affiliated Obligations only after all Redemption Claims as at the Closing Date shall have been paid in full or otherwise satisfied, and then in accordance with the applicable provisions of the Management Agreement.

  • Except as set forth on Schedule 5.12 hereto, to the Knowledge of the Wimbledon Parties, there are no Redemption Claims outstanding.

  • Except as set forth on Schedule 5.12, to the Knowledge of the Stillwater Parties no other Redemption Claims are pending.

  • Following the Closing Date, the Surviving Entity shall commence to repay such Affiliated Obligations only after all Redemption Claims as at the Closing Date shall have been paid in full, and then in accordance with the applicable provisions of the Management Agreement.

  • Schedule 5.12 sets forth the names of each Fund Shareholder or former Fund Shareholder (as the case may be) who is owed amounts under outstanding Redemption Claims, (ii) the amount of each such Redemption Claim, and (iii) whether such Redemption Claim can be satisfied by the payment of consideration other than cash.

  • Schedule 4.12 sets forth the names of each Limited Partner, of the Funds who is owed amounts under outstanding Redemption Claims, (ii) the amount of each such Redemption Claim, and (iii) whether such Redemption Claim can be satisfied by the payment of consideration other than cash.

  • Schedule 4.12 sets forth the names of each Limited Partner of the Funds who is owed amounts under outstanding Redemption Claims, (ii) the amount of each such Redemption Claim, and (iii) whether such Redemption Claim can be satisfied by the payment of consideration other than cash.

  • Schedule 4.12 sets forth the names of each Limited Partner of the Fund who is owed amounts under outstanding Redemption Claims, (ii) the amount of each such Redemption Claim, and (iii) whether such Redemption Claim can be satisfied by the payment of consideration other than cash.

Related to Redemption Claims

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustees (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustees, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus;

  • Redemption Notices means, collectively, the Event of Default Redemption Notices and the Company Optional Redemption Notices, and each of the foregoing, individually, a “Redemption Notice.”

  • Redemption Securities means any debt or equity securities of the Corporation, any subsidiary of the Corporation or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to this Section (3), at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section (3) (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Redemption Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 5.1 hereof.