Redemption Procedure definition

Redemption Procedure means the procedure set forth in Exhibit C hereto.
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Redemption Procedure has the meaning set forth in Section 16.1 hereof. --------------------
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Examples of Redemption Procedure in a sentence

  • If the closing under any such contract of sale or other disposition agreement must occur before the Redemption Procedure can be completed pursuant to this Article 16, the net sales proceeds therefrom (not subject to reserves by the Manager as contemplated by the definition of "Net Sales Proceeds" herein) shall be retained on behalf of the subject City Group Owner and transferred to the Continuing Party on the Redemption Closing Date.

  • The restrictions contained in this Section 16.2(b) shall cease upon the failure of either the Continuing Party or the Withdrawing Party to consummate the Redemption Procedure as required by Section 16.4 hereof, until such time as a new Redemption Notice is given hereunder.

  • During such time, the Members shall be free to attempt a negotiated alternative to the Bankruptcy of the Company (or such one or more City Group Owners, as the case may be) or to initiate the Redemption Procedure.

  • Additionally, the Withdrawing Party and the Continuing Party shall execute and deliver the Assignment of Ownership Interest and Indemnity, in the form attached hereto as Exhibit "D" and by this reference ----------- made a part hereof, as to each City Group Owner which is the of the subject Redemption Procedure then in effect.

  • If the Withdrawing Party fails to consummate the Redemption Procedure (other than on account of default of the Continuing Party), then, in addition to all other rights and remedies that the Continuing Party would have at law or in equity, the Continuing Party may maintain an action for specific performance of the Redemption Procedure.

  • Purchase 11 4.2 Redemption 11 4.3 Partial Redemption and Selection for Redemption 11 4.4 Notice of Redemption 11 4.5 Payment of Redemption Price 11 4.6 Redemption Procedure 12 4.7 Cancellation of Notes 12 5.1 Payment of Principal, Premium and Interest 12 5.2 Office for Notices, Payments and Registration of Transfer, Etc.

  • SECTION 6.1 Redemption Right at Holder's Option Upon an Interest Rate Reset Notice or Upon Death of a Holder 32 SECTION 6.2 Redemption Procedure at Holder's Option Upon an Interest Reset Date or Upon Death of a Holder .

  • Redemption Procedure: On or after the date so specified for redemption in such notice, the Cooperative shall pay or cause to be paid to, or to the order of, the registered holders of the Bond Series N1-5 to be redeemed, the Redemption Price of such Bonds on presentation and surrender, at the registered office of the Co-operative or any other place designated in such notice, of the certificates representing the Bonds so called for redemption.

  • Notice of Redemption; Procedure for Selection...................................

  • Lock-Up Period - Redemption Procedure Lock-Up Period: a lock up period of 12 (twelve) months is applicable to each initial investment from a Limited Partner in the Fund Redemption of Units: The redemption request is made on a monthly basis, after lock-up period, and must be notified at least 30 (thirty) days of notice (cut-off: 18:00 CET) in order to allow the Investment Manager to rebalance the portfolio.

Related to Redemption Procedure

  • Redemption Application means an application by a Participating Dealer for the redemption of Units in Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Redemption Provisions Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction, if any: Repayment Provisions: Optional Repayment Date(s):

  • Redemption Form means a standardized form prescribed by the Management Company to be duly filled by the investor to redeem Units and will be stated in this Offering Document.

  • Specific Redemption Provisions means, with respect to a Special Dividend Period either, or any combination of, (i) a period (a "Non-Call Period") determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during which the shares of AMPS subject to such Dividend Period shall not be subject to redemption at the option of the Corporation and (ii) a period (a "Premium Call Period"), consisting of a number of whole years and determined by the Board of Directors of the Corporation, after consultation with the Auction Agent and the Broker-Dealers, during each year of which the shares of AMPS subject to such Dividend Period shall be redeemable at the Corporation's option at a price per share equal to $25,000 plus accumulated but unpaid dividends plus a premium expressed as a percentage of $25,000, as determined by the Board of Directors of the Corporation after consultation with the Auction Agent and the Broker-Dealers.

  • Redemption Proceeds means any proceeds in any applicable currency from a redemption in respect of the Charged Assets in accordance with the terms and conditions of such Charged Assets.