Request for Purchase definition
Examples of Request for Purchase in a sentence
Each Request for Purchase shall be in writing and shall be deemed made when received by Prudential.
Each Request for Purchase shall be in writing signed by the Company and shall be deemed made when received by Prudential.
If a Holder pays the Final Instalment plus the estimated Exercise Costs (if any), the Trustee will procure the delivery of the Underlying Shares to the Holder and the right to deliver a Request for Purchase Notice will expire.
Rather, the Holder should generally be treated as acquiring two assets for capital gains tax (CGT) purposes, being the beneficial interest in the Underlying Shares and the right to deliver a Request for Purchase Notice.
The cost base will be relevant to the CGT consequences for the Holder when the CitiFirst Instalment MINIs are sold, exercised, terminated, expire, the Holder sells the Underlying Parcel pursuant to a Request for Purchase Notice or if Citi exercises its power of sale under the Security Interest.