Determination of Redemption Price. During the Initial Period, the Units shall not be redeemed. After the Initial Period, the Redemption Price shall be calculated and announced by the Management Company for every Dealing Day as specified in the Regulations, directives issued there under and the Offering Documents.
Determination of Redemption Price. 12.4.1 During the Initial Period, the Units shall not be redeemed.
Determination of Redemption Price. Redemption is not allowed during the Pre-IPO & IPO Period, however after the end of IPO Period, the Units shall be redeemable with applicable Exit Charges as defined in Annexure ‘B’ of the Offering Document of the Fund. The Redemption Price shall be calculated and announced by the Management Company for every Dealing Day as specified in the Regulations, directives issued there under and the Offering Documents.
Determination of Redemption Price. 18.1 During the initial Period the Units shall not be redeemed.
Determination of Redemption Price. 5.5.1 After the Initial Period the Redemption Price shall be equal to the Net Asset Value as of the close of the Business Day less:
Determination of Redemption Price. Except as set forth in Section 5(c) (which applies in the event of a Qualified Sale), the Redemption Price shall be calculated pursuant to this Section 5(b).
Determination of Redemption Price. The Holder may at any time and from time to time, by notice to Holdings demand a determination of the Redemption Price (a "Determination Notice") for purposes of this Section 5.2. Within 30 days after the receipt of any Determination Notice from the Holder, Holdings shall give to the Holder and to each other registered holder of the Warrants notice of the Redemption Price, including a reasonably detailed description of the method of calculation thereof, determined as of the day preceding such notice of the Redemption Price (the "Determination Date") and shall state whether or not a Redemption Limitation may apply, and if so, shall describe in reasonable detail the nature of such Redemption Limitation.
Determination of Redemption Price. For Shareholders participating in the Corporation’s Lancet Indemnity Select Quota Share Insurance Program the price paid to the Withdrawing Shareholder (“Redemption Price”) for the Withdrawing Shareholder’s Shares shall be equal to the purchase price paid by the withdrawing shareholder for its shares for price or the Book Value per share of the Company, whichever is lesser. For Shareholders not participating in the “Lancet Indemnity Select Quota Share Insurance Program”, the redemption price shall equal $100.00 (One Hundred) dollars.
Determination of Redemption Price. 27.1 During the Initial Period, the Units shall not be redeemed. After the Initial Period the Redemption Price shall be equal to the sum of the Net Asset Value as of the close of the Business Day, less:
Determination of Redemption Price. The text given under sub-clause 19(vi) shall be deleted and replaced with the text as under: Amended sub-clause 19(vi): In the event the amount recovered as provision for payment of Duties and Charges pursuant to sub-clause 19(ii)(c) exceeds the relevant amount of such Duties and Charges, the Transfer Agent shall issue additional Units or fractions thereof to the Holder based on the price applicable to the Units issued against the relevant application.
