Examples of Automatic Redemption Date in a sentence
Notice period (if other than as set out in the Conditions): In relation to an Automatic Redemption Date and a KTB Redemption Date, at least 2 Business Days prior to the Optional Redemption Date.
Optional Redemption Date(s): Automatic Redemption Date or the KTB Redemption Date.
The Automatic Redemption Price payable in respect of the Class B Units notified for redemption during any calendar month shall be paid by cheque, drawn on a Canadian chartered bank or a trust company in lawful money of Canada, payable at par to or to the order of the Class B Unitholder who received the Automatic Redemption Notice no later than the last day of the calendar month in which the Automatic Redemption Date falls.
If Newco I does not exercise the Redemption Call Right, on or after the Automatic Redemption Date or the Redemption Date, as applicable, Newco II shall cause to be delivered to the holders of Newco II Class A Special Shares to be redeemed such Exchangeable Share Consideration for each such Newco II Class A Special Share.
Subject to applicable law, and if Newco I does not exercise the Redemption Call Right, Newco II shall on the Automatic Redemption Date or the Redemption Date, as applicable, redeem all of the then outstanding Newco II Class A Special Shares (other than Newco II Class A Special Shares beneficially owned by ACG or its subsidiaries) for the Exchangeable Share Consideration.