Compulsory Redemption. If an Event of Default occurs, the Secretary may demand that the Borrower redeem the Guaranteed Bonds in accordance with its terms.
Compulsory Redemption. The Management Company may compulsory redeem all or some of a Unitholder’s Units. A compulsory redemption could result in adverse tax or economic consequences to that Unitholder.
Compulsory Redemption. The Management Company has the right to redeem compulsorily all or any of the Units held by any Unitholder at any time (even where the redemption of Units of any Sub-Fund or Class has been suspended) subject to such liquidity constraints as may be applicable at that time under, but not limited to, the following circumstances:
Compulsory Redemption. The Manager may, by notice to any Member, force the sale of all or a portion of such Member’s interest in the Company, or the withdrawal of a Member, on such terms as the Manager determines to be fair and reasonable, or take such other action as it determines to be fair and reasonable in the event that the Manager determines or has reason to believe that: (i) such Member has attempted to effect a transfer of, or a transfer has occurred with respect to, any portion of such Member’s interest in the Company in violation of this Agreement; (ii) continued ownership of such interest in the Company by such Member is reasonably likely to cause the Company to be in violation of securities laws of the United States or any other relevant jurisdiction or the rules of any self-regulatory organization applicable to the Manager or an affiliate; (iii) continued ownership of an interest in the Company by such Member may be harmful or injurious to the business or reputation of the Company or the Manager, or may subject the Company or any Member to a risk of adverse tax or other fiscal consequence, including without limitation, adverse consequence under ERISA; (iv) any of the representations or warranties made by such Member under this Agreement was not true when made or has ceased to be true; (v) any portion of such Members interest in the Company has vested in any other person by reason of bankruptcy, dissolution, incompetency or death of such Member; (vi) the Member’s continued ownership of its interest in the Company would cause the Company to be required to register as an “Investment Company” under the Investment Company Act; or (vii) it would not be in the best interests of the Company, as determined by the Manager, for such Member to continue ownership of its interest in the Company.
Compulsory Redemption. If the Board in their absolute discretion consider that any Cell Shares that have been acquired or owned or held directly or indirectly by any Person in circumstances which, in their opinion, might result in the Company incurring any liability to taxation or suffering any other pecuniary disadvantage which the Company might not otherwise have incurred or if the amount of the investment of a Person falls below the amount required to qualify as an Expert Investor, the Board may require the redemption or transfer of such Shares. To require the redemption or transfer of Cell Shares in the Company, the Board will serve on the Shareholder a notice requiring him to transfer his Cell Shares to a Person eligible to hold the same or to give a redemption request in respect of such Cell Shares. If any such Person upon whom such a notice is served as aforesaid does not, within 30 days after such notice, transfer such Cell Shares or give a redemption request in respect thereof, he shall be deemed forthwith upon the expiration of such 30 day period to have given a redemption request in respect of all his Cell Shares and the Board shall be entitled to appoint any Person to sign on his behalf such documents as may be required for the purposes of the redemption. If any Cell Shares are compulsorily redeemed pursuant to this Section, the Board shall deposit in a separate bank account the redemption proceeds. Upon such deposit, the Person whose Cell Shares have been so redeemed shall have no interest in or claim against the Company or its assets except the right to receive the redemption proceeds deposited (without interest) upon surrender of any document(s) that are required for the purposes of redemption or settlement.
Compulsory Redemption. The Manager may, by notice to any Member, force the sale of all or a portion of that Member's Interest on terms as the Manager determines to be fair and reasonable, or take other action as it determines to be fair and reasonable in the event that the Manager determines or has reason to believe that: (i) that Member has attempted to effect a Transfer of, or a Transfer has occurred with respect to, any portion of that Member's Interest in violation of this Agreement; (ii) continued ownership of that Interest by that Member is reasonably likely to cause the Fund to be in violation of securities laws of the United States or any other relevant jurisdiction or the rules of any self-regulatory organization applicable to the Manager, Organizer or their respective Affiliates; (iii) continued ownership of that Interest by that Member may be harmful to the business or reputation of the Fund, the Manager, or the Organizer, or may subject the Fund or any Members to a risk of adverse tax or other fiscal consequence, including adverse consequences under ERISA; (iv) any of the representations or warranties made by that Member under this agreement or under any Subscription Agreement signed by that Member in connection with the acquisition of an Interest was not true when made or has ceased to be true; (v) any portion of that Member's Interest has vested in any other Person by reason of the bankruptcy, dissolution, Disability or death of that Member; or (vi) it would not be in the best interests of the Fund, as determined by the Manager, for that Member to continue ownership of its Interest.
Compulsory Redemption. The Company may compulsorily redeem the Shares of any shareholder at any time to ensure compliance with securities laws or any applicable rule or regulation.
Compulsory Redemption. 8.9.1.The Partnerships may compulsorily redeem all of the Tokens held by a Limited Partner if –
Compulsory Redemption. If the Minimum Tender Condition is met and was not previously changed in accordance with Section 2.1(c) to below one Share more than ninety percent (90%), then Parent and Buyer shall effectuate, or cause to be effectuated, the commencement and consummation by Buyer of the Compulsory Redemption in accordance with Rule 13(e)-3(g)(1) under the Exchange Act and the applicable Laws of Sweden.
Compulsory Redemption. 7.11.1 The Directors may, in their sole discretion, redeem compulsorily some or all of a shareholder's Participating Shares with or without cause, at any time upon fourteen (14) days prior written notice to the Investor or such other time period as determined by the Directors at their absolute discretion.
