Application Basket definition

Application Basket means, a portfolio of Index Securities fixed by the Manager at the start of business on the relevant Dealing Day and/or the cash equivalent of the Index Securities where applicable, and/or such other securities as may be approved by the Manager, for the purpose of the creation and redemption of Units in an Application Unit size, notified on the relevant date by the Manager in accordance with the Operating Guidelines for Applications.
Sample 1Sample 2Sample 3
Application Basket means, in respect of the MSCI China ETF, a portfolio of Index Shares which constitute the Index Basket fixed by the Manager for the relevant Index Fund at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Units relating to the Index Fund in an Application Unit size, notified on the relevant date by the Manager in accordance with the Operating Guidelines for Applications.
Sample 1
Application Basket means a portfolio of Virtual Asset, Securities and/or FDIs determined by the Manager at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Shares in an Application Share size, notified on the relevant date by the Manager to Participating Dealers for the relevant Sub-Fund.
Sample 1

Examples of Application Basket in a sentence

  • For purposes of tracking the Index closely, the Manager may, from time to time, adjust the number of odd lots of Index Securities in each Application Basket.

  • This may result in a situation where the Application Basket may comprise of odd lots of the Index Securities.

  • Replication Strategy Using a Replication Strategy, the Fund will invest in substantially all the Index Securities in substantially the same weightings (i.e. proportions) as the Index and the Application Basket may comprise odd lots of the Index Securities.

  • The Trustee shall not be obliged to deliver (and shall have a general lien over) the Index Securities constituting the Application Basket, if applicable, to be transferred in respect of the relevant Redemption Application until such shortfall and any cash amount payable by the Participating Dealer under the Trust Deed, the Transaction Fee and the Extension Fee (if applicable) are paid in full in cleared funds to or to the order of the Trustee.

  • In accordance with the Trust Deed, units may be issued through creation of an Application Basket.

  • The Company shall not be obliged to deliver (and shall have a general lien over) the Index Securities constituting the Application Basket, if applicable, to be transferred in respect of the relevant Redemption Application until such shortfall and any cash amount payable by the Participating Dealer under the Constitution, the Transaction Fee and the Extension Fee (if applicable) are paid in full in cleared funds to or to the order of the Company.

  • Using a Replication Strategy, this Sub-Fund will invest in substantially all the Index Securities in substantially the same weightings (i.e. proportions) as the applicable Index and the Application Basket may comprise odd lots of the Index Securities.

  • Under the terms of each Participation Agreement, the Participating Dealer may only apply to create Units on the presentation of (a) a Basket by it comprising Index Securities constituting the Underlying Index or (b) a cash payment equivalent to the relevant Application Basket Value.

  • For each creation application, the Fund will receive an Application Basket consisting of Index Securities and/or the cash equivalent of the Index Securities where applicable.TAXATION THE DISCUSSION BELOW IS A SUMMARY OF CERTAIN SINGAPORE INCOME TAX CONSEQUENCES OF THE PURCHASE, OWNERSHIP AND DISPOSITION OF UNITS IN THE FUND.

  • Under the terms of the Participation Agreement, only a Participating Dealer may apply to create Units on the presentation of an Application Basket by it comprising the Index Securities and/or the cash equivalent of the Index Securities where applicable.


More Definitions of Application Basket

Application Basket means a portfolio of Index Securities (which may only be in kind and/or, to the extent agreed by the Manager at its absolute discretion, in Cash Equivalent) as may be determined by the Manager from time to time, which constitute the Index Basket as determined by the Manager at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Units in an Application Unit size, notified on the relevant Dealing Day by the Manager in accordance with the Operating Guidelines for the relevant Application.
Sample 1
Application Basket means, in respect of the iShares MSCI India, a portfolio of Securities determined by the Manager from time to time at the start of business on the relevant Dealing Day for the purpose of the creation and redemption of Units in an Application Unit size, notified on the relevant date by the Manager in accordance with the Operating Guidelines for Applications.
Sample 1

Related to Application Basket

  • Application Unit means such number of Units or whole multiples thereof as specified in this Prospectus or such other whole multiple of Units determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

  • Application Fee means the non-refundable fee required by Owner to process the Application. The Application Fee covers Owner’s time and expense in obtaining information about you such as checking your references and obtaining and reviewing your consumer report.  Administration Fee: “Administration Fee” is a one-time fee required by Owner. The Administration Fee includes items such as the preparation of this Lease Contract and related Documents, setting up your account ledger and other time, costs and expenses associated with the processing of this Lease Contract. The Administration Fee will be refunded to you ONLY if: i) an Exclusive Bed Space cannot be leased to you, ii) your Application is not approved by Owner, or iii) you withdraw your Application within 72 hours after signing the Application (pursuant to the terms of the Application). Otherwise, the Administration Fee shall be retained by Owner as liquidated damages, including but not limited to situations where you either: i) fail to sign this Lease Contract after approval by Owner, or ii) 72 or more hours have passed after your execution of the Application. You agree that Owner’s damages from your failure to sign the Lease Contract or attempted withdrawal of your Application are difficult to ascertain, and the Administration Fee is a reasonable estimate of those damages.  Common Areas: “Common Areas” are those areas located within the Unit that are not exclusively leased to other persons residing in the Unit.

  • Random selection basis means a mechanism for selection of employees that:

  • Application for Final Payment means Contractor’s final invoice for payment that includes any portion of the Work that has been completed for which an invoice has not been submitted, amounts owing to adjustments to the final Contract Sum resulting from approved change orders, and release of remaining Contractor’s retainage.

  • Application Form means any application form to be completed by subscribers for Shares as prescribed by the Company from time to time.

  • Redemption Application means an application by a Participating Dealer for the redemption of Units in Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Application area means the area where the coating is applied by spraying, dipping, or flow coating techniques.

  • Application Date means the dates set out in clause 3.1(a), by which Athletes must submit a completed Athlete Application in accordance with clause 8.3 of the NZOC Nomination and Selection Regulation.

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.

  • Application for Payment means Contractor’s monthly partial invoice for payment that includes any portion of the Work that has been completed for which an invoice has not been submitted and performed in accordance with the requirements of the Contract Documents. The Application for Payment accurately reflects the progress of the Work, is itemized based on the Schedule of Values, bears the notarized signature of Contractor, and shall not include subcontracted items for which Contractor does not intend to pay.

  • Bid Application Form means the form as specified in Annexure II of this E-Auction Process Information Document;

  • Facility LC Application is defined in Section 2.19.3.

  • Application Event means the occurrence of (a) a failure by Borrowers to repay all of the Obligations in full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of Collateral be applied pursuant to Section 2.4(b)(ii) of the Agreement.

  • Basket has the meaning set forth in Section 8.04(a).