Examples of Total Redemption Amount in a sentence
In the Redemption Notice as completed by a Participant shall inter alia be set forth the Total Redemption Amount for which the Participant requests redemption of Participations or the number of the Participations to be redeemed.
In the case of a Refinancing of all Outstanding Rated Notes, the proceeds from the Refinancing (the “Refinancing Proceeds”) shall be at least equal to the Total Redemption Amount.
The Total Redemption Amount will be paid to the redeeming Participant within eleven (11) Business Days after the applicable Redemption Date, provided that the Fund has received the redemption proceeds from the relevant Investee Fund, unless exceptional circumstances occur, in which case the Total Redemption Amount will be paid at the earliest possible Business Day thereafter.
In order to determine the net amount due by the Fund to a Participant in consideration for the redemption of Participations (the Total Redemption Amount), the Total Redemption Price might be reduced by a discount equal to the amount of the charge levied at the level of the relevant Investee Fund (the “Investee Fund Discount”), in the event a charge is levied at the level of the relevant Investee Fund.
The Total Redemption Amount may be paid earlier to the redeeming Unitholder at the sole discretion of the Fund Manager.