Redemption Limit definition

Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the LS Margin Account Agreement relating to the ETP Securities.
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Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the Margin Account Agreement relating to the ETP Securities.
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Redemption Limit means the sum of the Maximum Daily Redemption Limits relating to the Notes. "Registered Securities" has the meaning given to it in Condition 2.
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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 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.

  • ON MONDAY, 23RD OCTOBER, 2000IN THE PARLIAMENT CHAMBER, PUBLIC BUILDINGS.

  • 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.

  • Subject to the limitations set forth in this Section 4, beginning on the Redemption Start Date, Borrower shall have the right to redeem any Redemption Amount, up to the Borrower Redemption Limit, by providing Lender with a notice substantially in the form attached hereto as Exhibit B (each, a “Borrower Redemption Notice”).

  • In such circumstances, all of the relevant redemption and conversion requests will be effected on a pro rata basis untilthe higher of either the Daily Redemption Limit or such higher daily redemption limit as determined by the Management Company is reached.

  • The Investment Manager may, at its sole discretion, determine that a higher redemption limit will apply up to an amount not exceeding 10 of the Net Asset Value of the Sub-Fund.If the net redemption requests received on a Dealing Day result in the Redemption Limit being exceeded, the Management Company may, but is not obliged to, refuse to effect all of the concerned redemptions in full.

  • If the aggregate net redemption and conversion out requests on a Valuation Day made by Shareholders result in the Daily Redemption Limit being exceeded, the Management Company may, but is not obliged to, refuse to effect all of the redemptions and conversions concerned to the extent they exceed the Daily Redemption Limit.


More Definitions of Redemption Limit

Redemption Limit means with respect to a Class, a limit per Business Day on the Redemption of Metal Securities with a Metal Entitlement that has a market value (as determined by the Determination Agent), exceeding such limit, as such limit may be notified to the Securityholders in accordance with Condition 17 (Notices). As of the Programme Effective Date, the Redemption Limit, in respect of The Royal Mint Physical Gold ETC Securities shall be:
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Redemption Limit means the limits on Redemption set out in Condition 7.6 and onwhich more information is set out in Part 3 (Description of Swiss Franc Currency-Hedged Commodity Securities) under the heading “Creation Limits and Redemption Limit”
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Redemption Limit means the sum of the Maximum Daily Redemption Limits relating to the Securities.
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Redemption Limit means the limits on Redemption set out in Condition 7.6 and on
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Redemption Limit has the meaning set forth in Section 8.2(i) hereof.
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Redemption Limit means the limit on Cancellation set out in paragraph 12 of Schedule 7;
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Related to Redemption Limit

  • Maximum Daily Redemption Limit means a maximum limit (if applicable) on the redemption number of ETP Securities of a Series on any Optional Redemption Pricing Date, as may be amended by the Margin Loan Provider from time to time in accordance with the terms of the LS Margin Account Agreement and the LS Operating Procedures Agreement.

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Early Redemption Factor (k) means the "Early Redemption Factor (k)" as specified in § 1 of the Product and Underlying Data.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.