Redemption Rate definition

Redemption Rate means MIN (101 per cent.; 100 per cent. x Exp (T x 0.7472014839 per cent.), rounded down to the 9th decimal.
Redemption Rate means MIN (101%; 100% x Exp (T x 0.74720148386%)), rounded down to the 9th decimal.

Examples of Redemption Rate in a sentence

Automatic Early Redemption Level: 100 % of the Strike Price as per the observation on each Automatic Early Redemption Valuation Date Automatic Early Redemption Rate: 100 % if the Share closes at or above the Strike Price on each Automatic Early Redemption Valuation Date.

Automatic Early Redemption Rate: 100 % if all Shares close at or above 100 % of the Share Initial on each Automatic Early Redemption Valuation Date.

Notwithstanding the foregoing, if the Company fails to pay the applicable Mandatory Redemption Price within such thirty (30) days time period due to a dispute as to the determination of the arithmetic calculation of the Redemption Rate, such dispute shall be resolved pursuant to Section 5(b)(iii) above with the term "Redemption Price" being substituted for the term "Conversion Price".

The "Redemption Rate" shall, as of any date of determination, be equal to (i) the Conversion Rate in effect as of such date as calculated pursuant to Section 2(b) multiplied by (ii) the Closing Bid Price of the Common Stock on such date.

If the Company shall fail to pay the applicable Mandatory Redemption Price to such holder on a timely basis as described in this Section 5(c) (other than pursuant to a dispute as to the determination of the Closing Bid Price or the arithmetic calculation of the Redemption Rate), such unpaid amount shall bear interest at the rate of 2.5% per month (prorated for partial months) until paid in full.


More Definitions of Redemption Rate

Redemption Rate means the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security on the fourth (4 th ) Business Day preceding the Optional Redemption Date at 11.00 a.m. (Central European time (CET)). If the Reference Security is no longer outstanding, a Similar Security will be chosen by the Calculation Agent at 11.00 a.m. (Central European time (CET)) on the third (3rd) Business Day preceding the Optional Redemption Date, quoted in writing by the Calculation Agent to the Issuer and notified in accordance with Condition 12.
Redemption Rate means the number of offers redeemed divided by the total number of transaction offers presented.
Redemption Rate means MIN (101%; Re-offer Price in % x Exp (T x 0.74720148386%)), rounded down to the ninth decimal.
Redemption Rate means MIN (101%; Exp ( T x 0.7472014775% )), rounded down to the 9th decimal.
Redemption Rate means the number of shares of Class A Common Stock for which a Common Unit is entitled to be Redeemed. On the date of this Agreement, the Redemption Rate shall be 1 for 1, subject to adjustment pursuant to Section 4.02 of this Agreement.
Redemption Rate means the proportion of empty beverage containers returned to processors measured in the manner prescribed in Section 14551.