Redemption reserve definition

Redemption reserve means the reserve established by the corporation to
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Redemption reserve means the reserve established by the corporation to facilitate the cash redemption of certificates.
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Redemption reserve means the "redemption reserve" within the meaning of U.C.A. Section 63N-6-103(12).
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Examples of Redemption reserve in a sentence

  • Capital Redemption reserve represents amount set aside by the company for future redemption of capital.

  • Capital Redemption ReserveCapital Redemption reserve was created for buy back of shares.

  • Further Capital Redemption reserve of Rs 0.6 Million has been created as an apportionment from retained earnings.

  • The Company has created a Debenture Redemption reserve of Rs. 500 lakhs for the FY 2008.

  • Compensation from the Utah fund of funds to the corporation -- Redemption reserve.

  • Other ReservesOther reserves, the Merger reserve, and the Capital Redemption reserve are historical reserves for which no movements are anticipated.

  • The proposal from Cabovisão for a model in which the costs of clearance are assumed entirely by the beneficiary requesting the clearance is not entirely clear.

  • Redemption reserve for BOK Bond 2076 has been created from FY 2070-71 and for BOK Bond 2079 has been created from FY 2072-73.

  • Reserves are generally optional except in certain situations – Capital Redemption reserve, Debenture Redemption Reserve, Declaration of dividend higher than 10% etc.

  • Provide specific job experience as it relates to their experience with the CM/GC process and working under OSU or similar large public contracting agencies’ contracting rules.


More Definitions of Redemption reserve

Redemption reserve means a reserve amount, if any, directed by the Trustee or the Administrator to be invested in liquid securities or held in cash for the purposes of funding redemption of Trust Units.
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Redemption reserve has the meaning specified in Section 4.8(b). “Regulatory Allocations” has the meaning specified in Section 5.2(d). “Regulatory Call Notice” has the meaning specified in Section 4.3(a). “Regulatory Capital Call” has the meaning specified in Section 4.3(a). “Regulatory Capital Call Cap” has the meaning specified in Section 4.3(b). “Regulatory Capital Contribution” has the meaning specified in Section 4.3(a).
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Redemption reserve means, (i) at any time prior to the time when each Permitted Redemption has been consummated, an amount equal to (x) $76,000,000(1) less (y) the amount of all borrowings theretofore made by the Company under the second proviso to subsection 2.1(c) plus (z) the amount of all withdrawals from the Cash Collateral Account theretofore made by the Company not used to fund Permitted Redemptions and (ii) thereafter, zero.
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Redemption reserve means a reserve fund established by the Borrower on or prior to the Effective Date and maintained until the Redemption is consummated, pursuant to arrangements reasonably satisfactory to the Administrative Agent.
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Related to Redemption reserve

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Redemption Limit means the sum of the Maximum Daily Redemption Limits applicable to the LS Margin Account Agreement relating to the ETP Securities.

  • Redemption Basket means the minimum number of Units of a Fund that may be redeemed pursuant to Section 8.1, which shall be the number of Units of such Fund constituting a Creation Basket on the relevant Redemption Order Date.

  • Redemption Fund means the Redemption Fund for Refunded Notes created pursuant to Section 501 hereof.

  • Redemption Value means, in respect of a Unit, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Redemption Fee means the fee applied by us for the return of funds to an IBAN Account holder, or Cardholder following a request for redemption by an IBAN Account holder Cardholder under this Agreement, as specified in the attached Fees & Limits Schedule;

  • Final Redemption Value means the Underlying Reference Value.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • 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.

  • Gross Redemption Yield means a yield calculated in accordance with generally accepted market practice at such time, as advised to the Trustee by the Financial Adviser.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Minimum Redemption means, in relation to the Euro RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Redemption Payment Date As defined in Section 13.1.

  • Redemption Day means the last Business Day of each week or such other day or days as the Directors may from time to time determine that Participating Shares in the Fund are available for redemption;

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Redemption Percentage means:·on any Redemption Order Date, a fraction, expressed as a percentage:–the numerator of which is the aggregate number of Down MacroShares that are being redeemed and the denominator of which is the aggregate number of Down MacroShares that are outstanding prior to the redemption, in the case of the Down MacroShares; and –the numerator of which is the aggregate number of Up MacroShares that are being redeemed and the denominator of which is the aggregate number of Up MacroShares that are outstanding prior to the redemption, in the case of the Up MacroShares; or·on the Final Scheduled Termination Date or an Early Termination Date, a percentage equal to 100%.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.