Surrendering definition
Surrendering means (a) one or more book-entry transfers of Trust Certificates on account evidencing one or more Trust Units to an account at DTC designated by the Trust Administrator, (b) surrender to the Trust at its Corporate Office of Trust Certificates evidencing one or more Trust Units or (c) an effective transfer of Chia Asset Token based Trust Certificates evidencing one or more Trust Units from the Digital Wallet of the Registered Owner into the Digital Wallet or Vault of the Trust.
Surrendering your policy means giving up the right to receive a future benefit in exchange for something, usually cash. You can surrender:
Surrendering. OR WITHDRAWING PART OF YOUR ACCOUNT VALUE . . .
Examples of Surrendering in a sentence
The Company shall issue a number of Common Units to PubCo, as required by Section 2.2 of the Exchange Agreement, equal to the number of Common Units surrendered by the Surrendering Member and redeemed by the Company and on the issuance of such Common Units, the Capital Accounts of each of the Surrendering Member and PubCo shall be proportionately adjusted.