Redemption Request Clause Samples

Redemption Request. The submission through the Platform of a request by a Parent to the Service Provider to provide Services to a Child listed in that request in exchange for Fees. Means: (a) the goods, services or activities offered by the Service Provider to the Platform users and provided by the Service Provider to the Child and in exchange for Fees specified in a Redemption Request; and

Redemption Request. The Participant understands and agrees that Redemption Requests may be submitted only on days that the Fund is open for business, as required by Section 22(e) of the 1940 Act. In addition, in connection with each Redemption Request, the Participant agrees to ascertain that the Shares to be redeemed have not been loaned or pledged to another party and are not the subject of a repurchase agreement, securities lending agreement or any other arrangement that would preclude the delivery of such Shares to the Transfer Agent in accordance with the Prospectus or as otherwise required by the Fund. In addition the Participant agrees that the Trust will acquire good and unencumbered title to Shares, free and clear of all liens, restrictions, charges and encumbrances and not subject to any adverse claims, including, without limitation, any restriction upon the sale or transfer of such Shares. The Participant understands and agrees that in the event collateral or Shares are not transferred to the Transfer Agent as set forth in the Procedures Handbook, the Redemption Request trade may be broken by the Fund and the Participant will be solely responsible for all costs incurred by the Fund or the Distributor related to breaking the trade. The Distributor will only process Redemption Requests upon verification from the Transfer Agent of the Fund’s receipt of such collateral or shares. The Participant understands that shares may be redeemed only when one or more Creation Units of Shares of a Beneficial Owner are held in the account of a single Participant.

Redemption Request. If an Event of default has occurred as a result of failure by the Fund to perform its obligations under Section f2.04(j) of the Insurance Agreement, Financial Security intends to submit a Redemption Request pursuant to section 5.02(b) of the Insurance Agreement requesting the Fund to redeem all outstanding shares of Preferred stock, designating a date for such redemption no later than the second Dividend Payment Date following the date of delivery of such Redemption Request to the Fund.

Redemption Request. Within one (1) Business Day of receipt by Borrower, a copy of any Redemption Request (as defined in Borrower’s Restated Certificate of Incorporation, as amended).

Redemption Request. (a) In the event that (i) the Company has ------------------ not issued Securities in Public Offerings (including one Minimum Public Offering) resulting in gross proceeds to the Company (before deduction of underwriting discounts and expenses of sale) of at least $50 million or (ii) a Public Company Business Combination Transaction has not been consummated, then, beginning on the fifth anniversary of the date hereof, Blackstone shall have the right (which may be withdrawn at any time within five Business Days after the determination of the Fair Market Value pursuant to Section 5.1(b) hereof) to request that the Company repurchase for cash any or all of Blackstone's outstanding shares of Preferred Stock and Common Stock received from the conversion of the Preferred Stock and TCW shall have the right to participate in any such Redemption Request with respect to a pro rata portion of the Preferred Stock and Common Stock received from the conversion of the Preferred Stock held by it (collectively, the "Redemption Securities") at the Fair Market Value --------------------- (determined in accordance with Section 5.1(b) below) thereof by giving the Company a written request therefor (the "Redemption Request"). ------------------ (b) The fair market value of any Redemption Securities shall be determined pursuant to this Section 5.1(b). For a period of 20 days following the receipt of a Redemption Request by the Company, Blackstone and the Company shall attempt in good faith to agree on the fair market value of the Redemption Securities. Any agreement reached by Blackstone and the Company shall be final and binding on all parties hereto. If Blackstone and the Company are unable to reach agreement within 20 days after the receipt by the Company of the Repurchase Request, Blackstone and the Company shall each, within 10 days thereafter, choose one investment banker or other appraiser with experience in valuing companies such as the Company, and the two investment bankers or appraisers so selected shall together select a third investment banker or appraiser similarly qualified. The three investment bankers or appraisers shall appraise the fair market value of the Redemption Securities that are not publicly traded, determined on the basis of an orderly, arm's length sale (structured to produce the highest price for such securities) to a willing, unaffiliated buyer, taking into account all relevant factors determinative of value (but without any discount for lack of liq...

Redemption Request. The Sukuk Holder will be able to redeem the Sukuk Certificate by using the various physical or electronic channels or means made available by the Company for the purpose of redemption in accordance with these Terms and Conditions and any Additional Terms and Conditions applicable to the Sukuk Type.

Redemption Request. Notwithstanding any provisions in this Agreement, at any time after the occurrence of any of the following events: (a) there is any default of the Transaction Documents, gross negligence, willful misconduct or fraud on the part of the Company and/or the Founder; (b) there is gross negligence, willful misconduct or fraud on the part of the Directors (save that such gross negligence, wilful misconduct and/or fraud shall not be ascribed solely to the actions of the board representative appointed by the Investor) and/or Key Persons in relation to their management of the operations or business of the Company and any of the Company’s subsidiaries; (c) the Company does not take steps by 31 March 2022 to commence preparation for the Qualified IPO (such as the appointment of related professionals); (d) the Company does not commit or provide sufficient resources to attend to the preparation and consummation of a Qualified IPO during the period commencing from the date of this Agreement until the completion of the Qualified IPO; or (e) the Company does not consummate the Qualified IPO within two years after the Closing and this is a direct or indirect result of any misrepresentation or misstatement to the Investor or otherwise in relation to the business, prospects, financial condition or legality of the Company’s operations and business, the Investor shall have the right to require the Company to purchase all or any portion of the ordinary Shares held by such Investor at the Purchase Price (the “Redemption”) by providing the Company with written notice specifying the number of ordinary Shares to be redeemed (the “Redemption Notice”). The Redemption shall be by way of a share buy back in accordance with the Act. For the avoidance of doubt, the rights of first refusal and tag along right under clauses 9 and 10 respectively shall not apply in the case of a Redemption.

Redemption Request. 13 5.2 Sale of the Company........................................... 15

Redemption Request. The Redemption Request shall be given by hand or by mail to the registered office of the Company, or by fax or email in accordance with the contact information set forth in Exhibit B at least sixty (60) days prior to the date set forth therein on which such Preferred Shares, as the case may be, are to be redeemed (and with respect to the Redemption Request given pursuant to Section 10.2, also within the time period as set forth under Section 10.2). If any holder of the Preferred Shares exercises its General Redemption Right pursuant to Section 10.1, the Company shall notify other holders of the Preferred Shares of the same within ten (10) days after receipt of the Redemption Request, and such holders may within ten (10) days thereafter elect to tag along with such Redemption Requesting Holders and request the Company to redeem any or all of the outstanding Preferred Shares held by them. Notwithstanding anything to the contrary contained in this Section 10, the Series A-16 Redemption Right may only be exercised by the holders of the Series A-16 Preferred Shares. The Preferred Shares which are requested for redemption by the Company pursuant to this Section 10 are hereinafter referred to as the “Redemption Shares”.