Redemption Obligations definition

Redemption Obligations means the obligation of the Trust on Redemption of a Share to make payment or deliver Bullion to the relevant Authorized Participant or Shareholder in accordance with the Conditions;
Redemption Obligations means with respect to any Person all mandatory redemption obligations of such Person with respect to preferred stock or other equity securities issued by such Person or put rights in favor of the holder of such preferred stock or other equity securities, to the extent that such redemption obligations or put rights will arise prior to the stated maturity of the Obligations. Notwithstanding the foregoing, customary redemption obligations and put rights associated with a Change of Control or sale of assets shall not constitute Redemption Obligations.
Redemption Obligations means the obligation of the Issuer to Redeem an Energy Security and make payment to the relevant Security Holder in accordance with these Conditions (provided that a Security Holder who is not an Authorised Participant will only be able to require Redemption of the Energy Securities held by such Security Holder if, on the Redemption Day, there are no Authorised Participants);

Examples of Redemption Obligations in a sentence

  • The Redemption Obligations described in this section is an unconditional obligation of the Customer, which the Customer shall always be obligated to fulfill, regardless of whether the obligation arises due to a breach of obligations by the Debtor or the Customer or due to force majeure.

  • Any excess of that amount over the then current Mandatory Sinking Fund Requirement shall be credited against subsequent Mandatory Sinking Fund Requirements (and corresponding Mandatory Redemption Obligations) in the order directed by the Fiscal Officer.Optional Redemption.

  • The Redemption Obligations will be satisfied by transferring such gold in accordance with the Redemption Instructions of the holder of such Gold Bullion Securities.

  • Any excess of that amount over the then current Mandatory Sinking Fund Requirement shall be credited against subsequent Mandatory Sinking Fund Requirements (and corresponding Mandatory Redemption Obligations) in the order directed by the Fiscal Officer.

  • Dishonesty (such as cheating, plagiarism, or knowingly fur- nishing false information to the College and its officials).


More Definitions of Redemption Obligations

Redemption Obligations means the obligation of the Company on redemption of a Gold
Redemption Obligations means the obligation of the Issuer on Redemption of a WT Security to deliver the relevant Underlying Asset (and/or if applicable, make payment) to the relevant WT Securityholder in accordance with the Conditions and the Applicable Product Annex.
Redemption Obligations means the obligation of the Issuer on Redemption of a Metal Security to make payment or deliver Bullion to the relevant Security Holder in accordance with the Conditions
Redemption Obligations means, at any time, the aggregate of all obligations of the Company to reimburse Guarantor under Section 2.1(a).
Redemption Obligations means the obligation of the Issuer on Redemption of a Metal
Redemption Obligations means the obligation of the Company on redemption of a Gold Bullion Security to pay cash, if the Gold Sale Method applies, or to deliver gold, if the Gold Delivery Method applies, to the relevant Security Holder in accordance with the Conditions “Register” means the register of holders of Gold Bullion Securities kept and maintained by the RegistrarRegistered Address” means, in relation to a Security Holder, whether or not there is one or more than one Security Holder registered in respect of that Gold Bullion Security, the last single address recorded in the Register in respect of that Gold Bullion Security “Registrar” means Computershare Investor Services (Jersey) Limited, Queensway House, Hilgrove Street, St. Helier, Jersey, Channel Islands, JEI IES or such other person as may be appointed by the Company from time to time to maintain the Register “Regulated Market” means a regulated market for the purposes of MiFID II, as amended “Relevant Approved Counterparty” in respect of the redemption of Gold Bullion Securities using the Gold Sale Method:(i) if there is only one Approved Counterparty, means the Approved Counterparty so appointed pursuant to a Gold Sale Counterparty Agreement; and(ii) if there is more than one Approved Counterparty, means the Approved Counterparty selected by the Company to purchase the relevant gold on the redemption of such Gold Bullion Securities “RNS” means the London Stock Exchange’s Regulatory News ServiceSale Costs” means any costs and expenses of effecting any sale of gold and/or exchange of currencies pursuant to the Gold Sale Method which shall include, without limitation, storage costs, insurance costs and any applicable sales and transfer taxes associated with such sale “Secured Allocated Account” means the allocated gold account number 18899 established in the name of the Trustee as legal mortgagee pursuant to the Security with the Custodian pursuant to the Secured Allocated Account Agreement “Secured Allocated Account Agreement” means the Secured Allocated Account Agreement dated 24 March 2004 between the Company, the Trustee (as legal mortgagee pursuant to the Security), and the Custodian pursuant to which the Secured Allocated Account is established and operated “Secured Gold” means all gold (whether in allocated or unallocated form) comprised within the Secured Property, being the gold in the Secured Gold Accounts “Secured Gold Accounts” means the Secured Allocated Account and the Secured Unallocated Account “Se...
Redemption Obligations means the obligation of the Issuer on Redemption of an IndustrialMetal Security to make payment or deliver Metal to the relevant Security Holder in accordance with the Conditions