Realisation Proceeds means the proceeds of sale (after the deduction of costs and expenses of such sale) of the relevant Exchange Property (in the case of Condition 15(c) (Settlement - Illegality)) or the relevant dividends or other income or distributions or rights (in the case of Condition 14 (Rights Arising on Exchange)) carried out by a broker or investment bank selected by the Issuer and approved by the Trustee, on an arm’s length basis (converted if necessary into euros at the Screen Rate on the date of receipt of such proceeds);
Realisation Proceeds means the proceeds of sale (after the deduction of Permitted Expenses) of the relevant Exchange Property or the relevant dividends or other income or distributions or rights attaching thereto which is carried out by an independent broker or investment bank of international repute selected by the Issuer and approved by the Trustee (such approval not to be unreasonably withheld or delayed), on an arm’s length basis (converted if necessary into euro at the Prevailing Rate by the Calculation Agent on the date of receipt of such proceeds);
Realisation Proceeds means the proceeds of realisation of, or enforcement of the Security relating to the Secured Assets;
Examples of Realisation Proceeds in a sentence
The Net Realisation Proceeds payable to you on the realisation of 1,000 Units will be calculated as follows: * Based on a realisation price of S$0.900.
Further, the Net Realisation Proceeds may be lower than the cancellation proceeds if any appreciation in the value of the Units is less than the aggregate of the Subscription Fee and Realisation Fee (if any) imposed.
The Net Realisation Proceeds will normally be paid to you within 7 Business Days after the relevant Dealing Day.
Payment of realisation proceeds The Net Realisation Proceeds will normally be paid to you within 7 Business Days after the relevant Dealing Day.
Further, the Net Realisation Proceeds may be lower than the cancellation proceeds if any appreciation in the value of the Units is less than the aggregate of the Subscription Fee and Realisation Charge (if any) imposed.
More Definitions of Realisation Proceeds
Realisation Proceeds means the remaining proceeds from the realisation of the MTM Adjustable Assets in a Collateral Pool following payment of all amounts due to the Collateral Agent and/or any agent appointed by it to assist in the enforcement of the Pledge(s) and realisation of the MTM Adjustable Assets, including any Enforcement Expenses;
Realisation Proceeds means the net proceeds of the realisation of the Participating Assets pursuant to paragraph 8.
Realisation Proceeds means the proceeds of a sale (after the deduction of costs and expenses of such sale) of the relevant dividends or other income or distributions satisfied or made otherwise than in cash (in the case of Condition 7(b)(iii)(2)), in each case carried out by an Independent Investment Bank on an arm’s length basis (in each case converted if necessary into
Realisation Proceeds means proceeds, less any realisation costs, received by a Relevant Group Company from the Disposal of a Property;
Realisation Proceeds means the proceeds of sale (after the deduction of costs and expenses of such sale) of the relevant Exchange Property or the relevant dividends or other income or distributions or rights carried out by a broker or investment bank selected by the Calculation Agent, on an arm's length basis (converted if necessary into Swiss Francs at the Screen Rate on the date of receipt of such proceeds);
Realisation Proceeds means the proceeds of sale (after the deduction of costs and expenses of such sale) of the relevant Exchange Property (in the case of Condition 6(b)(ii)) carried out by an independent broker or investment bank selected by the Issuer, on an arm’s length basis (converted if necessary into euro at the Prevailing Rate by the Calculation Agent on the date of receipt of such proceeds);
Realisation Proceeds means the aggregate net proceeds after deducting capital and/or income taxes payable as a direct result of the disposal of an Investment that would be received by or accrue to the Client if any of the Investments was realised or disposed of at a particular time;