Redemption Payment Date definition

Redemption Payment Date. As defined in Section 13.1.

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Redemption Payment Date means, in relation to an exchange-traded mutual fund that is not in continuous distribution, a date specified in the prospectus or annual information form of the exchange-traded mutual fund on which redemption proceeds are paid;

Redemption Payment Date shall have the meaning set forth in Section 6.

Examples of Redemption Payment Date in a sentence

• On the Redemption Payment Date, the Redemption Amount must be paid in good funds to the Holder.

• The Mandatory Redemption Payment must be received by the Subscriber on the same date as the Company Shares otherwise deliverable or within ten (10) business days after request, whichever is sooner ("Mandatory Redemption Payment Date").

• On the Redemption Payment Date, the Redemption Amount shall be paid in good funds to the Holder.

• As compensation to the Subscriber for such loss, the Company agrees to pay late payments to the Subscriber for late issuance of Shares in the form required pursuant to Section 9 hereof upon Conversion of the Note or late payment of the Mandatory Redemption Amount, in the amount of $100 per business day after the Delivery Date or Mandatory Redemption Payment Date, as the case may be, for each $10,000 of Note principal amount being converted or redeemed.

• In the event the Borrower fails to pay the Redemption Amount on the Redemption Payment Date as set forth herein, then (i) such Notice of Redemption will be null and void, (ii) Borrower will have no right to deliver another Notice of Redemption, and (iii) Borrower’s failure may be deemed by Holder to be a non-curable Event of Default.

More Definitions of Redemption Payment Date

Redemption Payment Date means the date on which the Company actually pays the Redemption Amount.

Redemption Payment Date means the date that is on or before the 15th Business Day in the following month after the Monthly Redemption Date or Annual Redemption Date, as applicable.

Redemption Payment Date means the Business Day that is on or before the 15th Business Day in the month following a Monthly Redemption Date.

Redemption Payment Date means the date on or before the tenth Business Day of the month following the Redemption Date.

Redemption Payment Date means the 15th Business Day of the month immediately following an Annual Redemption Date or the 15th Business Day immediately following a Monthly Redemption Date, as applicable.

Redemption Payment Date means such date that falls as soon as reasonably practicable on or following the Early Redemption Date, as notified to the Certificate Holder pursuant to Condition 20 (Notices) and on which the Early Redemption Amount is payable to the Certificate Holder;

Redemption Payment Date means, in respect of any calendar month in which the Fund receives the redemption request and other documents specified in Section 7.01, the last day of the following month;