Redemption and Payment Sample Clauses

Redemption and Payment. Under this Agreement, the following provisions shall apply with respect to the redemption of and payment for Shares of any class redeemed at net asset value less a contingent deferred sales charge (collectively "CDSC Shares") as described in the prospectuses of any Portfolios identified on Schedule G hereto (collectively, the "CDSC Portfolios" and individually, a "CDSC Portfolio"):
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Redemption and Payment. Upon the redemption of Class B Special Shares, provided that a holder of any such Class B Special Shares shall have presented and surrendered to the Corporation the Transmittal and Election Form and the certificates representing all ATCOR Shares held by such holder which were converted into Class B Special Shares, the Corporation shall pay or cause to be paid to such holder the Redemption Price for each Class B Special Share so redeemed. Without limitation, the Corporation shall be deemed to have paid to such holder the Redemption Price for each Class B Special Share so redeemed when a cheque representing such amount has been mailed to the address of such holder as it appeared on the applicable securities register of ATCOR when the Amalgamation became effective or as it appears in the Transmittal and Election Form, has been delivered to such holder, or has been set aside for pick up in accordance with the delivery instructions in the Transmittal and Election Form. The holder of Class B Special Shares who has not so presented and surrendered the certificates representing all ATCOR Shares held by such holder which were so converted shall be entitled to receive, and the Corporation shall pay or cause to be paid to such holder, the Redemption Price for each Class B Special Share redeemed only upon presentation and surrender by such holder to the Corporation at its registered office of the certificates representing all ATCOR Shares of such holder which have been converted into Class B Special Shares. On and after the redemption of any such Class B Special Shares, the holder thereof shall not be entitled to exercise any of the rights of shareholders in respect thereof, other than the right to receive payment, without interest, of the Redemption Price as aforesaid or as provided in subsection 4.5.3 below, unless payment of the aforesaid Redemption Price shall not be made in accordance with the foregoing provisions or as provided in subsection 4.5.3 below, in which case the rights of such shareholders shall remain unaffected.
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Related to Redemption and Payment

  • Redemption and Purchases Section 3.1 Right to Redeem; Notices to Trustee.......................... 24 Section 3.2 Selection of Securities to Be Redeemed....................... 25 Section 3.3

  • Redemption and Purchase The Notes shall be subject to redemption and purchase by the Company pursuant to the provisions of Article Eleven of the Original Indenture and this Article 3.

  • Collection and Payment The Trustees shall have full power and authority to collect all property due to the Trust; to pay all claims, including taxes, against the Trust or Trust Property; to prosecute, defend, compromise, settle or abandon any claims relating to the Trust or Trust Property; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments.

  • Maturity, Redemption and Purchases (a) Unless previously redeemed for tax reasons as provided in the terms and conditions of the Bonds, or repurchased by the Province as provided below in subsection (c), the principal amount of the Bonds is due and payable on October 23, 2022 (the “Maturity Date”).

  • Calculation and Payment Interest on Base Rate Loans shall be calculated on the basis of a 365-6-day year for the actual number of days elapsed. Interest on LIBOR Loans, including amounts due under Subsection 1.4, shall be calculated on the basis of a 360-day year for the actual number of days elapsed. The date of funding or conversion of a LIBOR Loan to a Base Rate Loan and the first day of a LIBOR Interest Period shall be included in the calculation of interest. The date of payment (as determined in Subsection 1.5) of any Loan and the last day of a LIBOR Interest Period shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on Base Rate Loans is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment (including the payment of any Swingline Loan pursuant to Subsection 1.1(G)(iv)) of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (iii) the applicable Term Loan Maturity Date or the Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (1) the last day of each applicable LIBOR Interest Period; (2) if the LIBOR Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such LIBOR Interest Period; (3) the prepayment of such Loan (or portion thereof), to the extent accrued on the principal prepaid; and (4) the applicable Term Loan Maturity Date or the Revolver Expiration Date, as the case may be, whether by acceleration or otherwise, with respect to the principal to be repaid.

  • Termination and Payment Upon any termination or expiration of this Agreement, Client shall pay all unpaid and outstanding fees through the effective date of termination or expiration of this Agreement. And upon such termination, Consultant shall provide and deliver to Client any and all outstanding services due through the effective date of this Agreement.

  • REDEMPTION AND REPURCHASE The Notes are subject to optional redemption, and may be the subject of an Offer to Purchase, as further described in the Indenture. The Company shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Redemption and Waiver (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

  • Redemption and Prepayment Section 3.01

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