"The holders of " A " shares hope that Amer acquires the shares Lord Moyne agreed to buy so that he won't get the right to redeem the other three core owners'shares if they decide to sell them, " said Mika Heikkilae, a portfolio manager at Arctos Funds.
22.
The report also noted that Real Estate Investment Trust ( REITs ) investments " [ tend ] to be illiquid because the investors have no right to redeem their interests and the REIT often restricts the transfer of interests to comply with other [ Internal Revenue Code ] requirements ".
23.
GoDaddy sells these domains at auction while the original registrant is still entitled to redemption of the domain, with the stipulation that if the original registrant uses their right to redeem the domain and renews it within the redemption period, GoDaddy simply refunds the money paid by the winning bidder.
24.
As a result, Assistant Treasurer Cisco announced that he reserved the right to redeem future 5 % short term deposits of Demand Notes in the new Legal Tender Notes and speculators, foreseeing the higher value of Demand Notes, removed them from circulation as the new notes began to circulate during April.
25.
Arthur Altschul Jr ., a founding partner, said companies could protect themselves against short-sellers by avoiding deals that allow investors to convert preferred shares at a deep discount to the market price; by insisting on the right to redeem an issue without onerous penalties, and by demanding covenants against short-selling and pledges to comply with SEC regulations.
