Series 1 Redemption Price definition

Series 1 Redemption Price has the meaning given such term in Section 2(B)(d)(i).
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Series 1 Redemption Price means, with respect to a Series 1 Preferred Share, the amount per share in U.S. dollars which is determined by the Directors as of the Effective Date to be equal to the amount obtained when the difference between the aggregate fair market value of the property received by the Company as consideration for the issuance of the Series 1 Preferred Share, determined as at the Effective Date, and the aggregate fair market value of any non-share consideration, if any, paid by the Company as partial or total consideration for the property is divided by the total number of Series 1 Preferred Shares issued in consideration for the property, provided that the “Series 1 Redemption Price” of a Series 1 Preferred Share shall be subject to adjustment in accordance with the terms of Section 2.1(2)(b).
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Series 1 Redemption Price means $25.00 per Series 1 Share redeemed;
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Examples of Series 1 Redemption Price in a sentence

  • So long as the Series 1 Preferred Units to be redeemed are held of record by the Depositary or the nominee of the Depositary, the Series 1 Redemption Price shall be paid by the Paying Agent to the Depositary on the Series 1 Redemption Date.

  • For the avoidance of doubt, any such Redemption Premium shall not be included in the definition of Series 1 Redemption Price hereunder.

  • Payment of the Series 1 Redemption Price (less any amount required to be withheld by the Company) for the Series 1 Preferred Shares to be redeemed shall be made by cheque payable to the holder thereof at par at any branch of the Company's bankers in Canada.

  • The aggregate Series 1 Redemption Price for any such partial redemption of the Outstanding Series 1 Preferred Units shall be allocated correspondingly among the redeemed Series 1 Preferred Units.

  • Notwithstanding any Series 1 Redemption Notice, there shall be no redemption of any Series 1 Preferred Units called for redemption until funds sufficient to pay the full Series 1 Redemption Price of such Series 1 Preferred Units shall have been deposited by the Partnership with the Paying Agent.

  • Such cheque shall discharge all liability of the Company for the Series 1 Redemption Price, to the extent of the amount represented thereby, unless such cheque is not paid on due presentation.

  • Such notice shall set out the Series 1 Redemption Price and the date on which redemption is to take place, and, if part only of the Series 1 Shares held by the person to whom it is addressed is to be redeemed, the number thereof so to be redeemed.

  • Each of the Series B Redemption Notice, the Series A Redemption Notice and the Series 1 Redemption Notice is referred to herein as a “Redemption Notice”, and each of the Series B Redemption Price, the Series A Redemption Price and the Series 1 Redemption Price is referred to herein as a “Redemption Price”.

  • On and after March 12, 2005, the Corporation, at its option, may redeem shares of Series 1 Preferred Stock in whole or, from time to time, in part, at the Series 1 Redemption Price.

  • The Redemption Notice shall set out the Series 1 Redemption Price, the Redemption Date and if part of the Series 1 Preferred Shares held by such holder is to be redeemed, the number thereof so to be redeemed.


More Definitions of Series 1 Redemption Price

Series 1 Redemption Price means a price per share equal to Seventeen Dollars ($17.00) together with accrued and unpaid distributions, if any, thereon to the Series 1 Call Date.
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Related to Series 1 Redemption Price

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • 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.

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

  • 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.

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • 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.

  • 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;

  • 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;

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Minimum Redemption Amount has the meaning specified in the applicable 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.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Optional Redemption Amount (Put) 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;

  • Special Event Redemption Price has the meaning specified in Section 11.2.

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

  • Make-Whole Redemption Amount means the sum of:

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • 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.