Redemption year definition

Redemption year means each calendar year for which verified tax credits associated with a certificate may first be utilized to reduce tax liabilities.
Redemption year means each calendar year for which certified tax credits associated with a certificate may first be utilized.
Redemption year means, with respect to Series 2000 Bonds, each twelve month period following March 1 of any year.

Examples of Redemption year in a sentence

  • Is compatible with national and provincial development plans and planning requirements binding on the municipality in terms of legislation.The STLM’s IDP is also guided by the Constitution, which gives specific powers and responsibilities to local government.


More Definitions of Redemption year

Redemption year means any one-year period commencing on the Closing Date or any yearly anniversary thereof and extending to the day before the next subsequent anniversary. By way of example, the second Redemption Year shall be the one-year period commencing on a date twelve (12) months from the Closing Date.
Redemption year means each twelve month period following December 1 of any year.
Redemption year means each twelve month period following October 1 of any year.
Redemption year means, with respect to Series 1999 Bonds, each twelve month period following February 1 of any year
Redemption year means any 12-month period beginning May 1 and ending April 30.
Redemption year means each calendar year for which verified tax credits related to a fund of funds associated with a certificate may first be utilized to reduce tax liabilities. The first redemption year for a fund of funds shall be the calendar year of the redemption date.

Related to Redemption year

  • Redemption Period shall have the meaning set forth in Section 23(a) hereof.

  • 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.

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • 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 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;

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • 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.

  • 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;

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

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.