Examples of Redemption Limit in a sentence
Prospective investors should be aware that it is possible that the Maximum Daily Redemption Limit could cause the ETP Securities to trade at a higher premium or result in a discount to the ETP Security Value.
The Maximum Daily Redemption Limit could also lead to higher trading spreads for the ETP Securities in the secondary market, which could increase the execution costs for an investor purchasing the ETP Securities in the secondary market.
In the event that an investor is not able to immediately redeem their ETP Securities due to a breach of the Maximum Daily Redemption Limit, such investor will be subject to market risk (i.e. that the value of the ETP Securities will decline prior to redemption and therefore reduce the redemption amount).
In the case of purchases through SIP, the minimum installment amount shall be Rs.1000/-, Rs.750/- and Rs.100/- respectively for weekly (processed on Wednesday’s/next Business Day if Wednesday is not a Business Day), quarterly and monthly frequency respectively and in multiples of Re.1/- thereafter.Minimum Redemption Limit the minimum amount for redemption/switch out will be:Regular & Direct Plan: Rs.100 or 1 units or account balance, whichever is lower.
In accordance with the Applicable MOU, the Secretary shall not be obligated to honor any Request for Redemption under any Applicable MOU for funds to be transferred on any specified date to the extent that the sum of (a) the dollar amount of such Request for Redemption plus (b) the applicable Net Aggregate Redemption Amount (as defined below) exceeds the corresponding Aggregate Redemption Limit as of such specified date.
If the aggregate net redemption requests for a relevant Valuation Day made by Shareholders result in the Redemption Limit being exceeded, the Management Company may, but is not obliged to, refuse to effect all of the redemptions concerned to the extent they exceed the Redemption Limit.
ON MONDAY, 23RD OCTOBER, 2000IN THE PARLIAMENT CHAMBER, PUBLIC BUILDINGS.
Subject to subsection (viii) of this Section E, if and to the extent that any Series O Preferred Units are not redeemed on the date that otherwise would be the applicable Redemption Date due to the Annual Redemption Limit, the Preferred Redemption Date for such Series O Preferred Units shall be the first Business Day of the first calendar month in which such Series O Preferred Units could be redeemed without causing the Annual Redemption Limit to be exceeded.
In the case of purchases through SIP, the minimum installment amount shall be Rs.1000/-, Rs.750/- and Rs.100/- respectively for weekly (processed on Wednesday’s/next Business Day if Wednesday is not a Business Day), quarterly and monthly frequency respectively and in multiples of Re.1/- thereafter.Minimum Redemption Limit The minimum amount for redemption/switch out will be:Regular & Direct Plan: Rs.100 or 1 units or account balance, whichever is lower.
Redemption Limit Unless otherwise disclosed in the Supplement, the limitations on redemptions set out below shall be applicable to the relevant Fund.