Retraction Price has the meaning ascribed thereto in section 6.1 of these Share Provisions.
Retraction Price has the meaning ascribed thereto in Section 6(a)(i);
Retraction Price has the meaning provided in Section 6.1.
Examples of Retraction Price in a sentence
If the NAV per Unit is less than $10.00, the Class A share Retraction Price will be nil.
Such tender shall be irrevocable unless payment of the Retraction Price shall not be duly made by the Company to the holder on or before the Retraction Payment Date.
Shareholders of Legacy Shares, other than PTF, are entitled to redeem all or any part of such shareholder’s Legacy Shares at a price equal to the Retraction Price.
If the NAV per Unit is less than$10.00, the Class A Share Retraction Price will be nil.
In the event that payment of the Retraction Price is not made by the Company on or before the Retraction Payment Date, the Company shall forthwith thereafter return the holder’s deposited share certificate or certificates to the holder.
More Definitions of Retraction Price
Retraction Price has the meaning ascribed thereto in Section 6.1 of these share provisions.
Retraction Price has the meaning provided in Section 6. 1.
Retraction Price has the meaning set out in Section 6.1(1).
Retraction Price means for each Common Share the lesser of:
Retraction Price means the price per Retraction Unit a Preferred Unitholder or Common Unitholder whose Preferred Trust Units or Common Trust Units, respectively, are being retracted shall be entitled to receive. In the case of a retraction by the Trust, a Unitholder whose Units are being retracted shall be entitled to receive a Retraction Price of equal to the Purchase Price of such Retraction Unit. In the event that any Preferred Trust Units issued on a date that was five years or less prior to the date upon which such Preferred Trust Units have been tendered for redemption by a Preferred Unitholder, the Trust is entitled to also retract any Common Trust Units that were issued in connection with the Preferred Trust Units being redeemed at the Purchase Price of such Common Trust Units, in accordance with the terms and conditions of the Declaration of Trust. If any Preferred Trust Units issued on a date that is more than five years prior to the date upon which such Preferred Trust Units have been tendered for redemption by a Preferred Unitholder, the Trust has no right of retraction with respect to any Common Trust Units that were issued in connection with the Preferred Trust Units being redeemed. In addition, the Trust is entitled at any time and from time to time, in accordance with the terms and conditions set forth in the Declaration of Trust, to retract all or any part of the issued and outstanding Preferred Trust Units (not Common TrustUnits) at the Purchase Price of such Preferred Trust Units. The Trust may undertake a retraction of the Preferred Trust Units in the circumstance where Investco undertakes a public listing on a recognized stock exchange and raises capital for the purpose of replacing the Preferred Trust Units. See Item 2.7.1 – Declaration of Trust – Redemption/Retraction Rights – Right of Retraction by the Trust;
Retraction Price means an amount per share equal to the Current Market Price of aCombined Company Share on the last Business Day prior to the Retraction Date plus the Dividend Amount, which shall be satisfied in full by Canco delivering or causing to be delivered one Torchlight Share for each Exchangeable Share presented and surrendered together with, on the designated payment date therefor, the Dividend Amount.
Retraction Price has the meaning provided in Section 7.1. "Retraction Request" has the meaning provided in Section 7.1.