Price of Units Sample Clauses

Price of Units. Upon the establishment of a Fund and its division into Units and series of Units, the Manager will determine the price of the original Units of that Fund. Thereafter, the subscription price per Unit of Units of a Fund purchased pursuant to a subscription will be the Series Net Asset Value per Unit of that series of Unit of that Fund determined on the Valuation Day on which the subscription is accepted, provided it is accepted before the Close of Business on such Valuation Day, or the Valuation Day next following the acceptance of the subscription.
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Price of Units. The Units will be issued under the Offering at a price equal to their Net Asset Value per Unit determined in accordance with the Declaration of Trust of the Fund on the Valuation Date next following the acceptance of this application by the Manager on behalf of the Fund or, if accepted prior to 4:00 p.m. (Toronto time) on the Valuation Date, on that Valuation Date. A "Valuation Date" is the last business day in each month and such other day as the Manager may designate for a Fund as the Valuation Date.
Price of Units. The undersigned understands that the price of the Units offered hereby bear no relation to the assets, book value or net worth of the Company and were determined arbitrarily by the Company. The undersigned further understands that there is a substantial risk of further dilution on his or its investment in the Company.
Price of Units. The Units will be issued at a price of U.S. $0.05 per Unit. Each Unit consists of one share of common stock, par value U.S. $0.001, (the “Shares” and each a “Share”) of Sillenger Exploration Corp. (the “Corporation”) and one half (1/2) Warrant to purchase one (1) half Share (each a “½ Warrant”). Every two ½ Warrants equals a full warrant (the “Warrants” and each a “Warrant”) and entitles the Subscriber to purchase one Share at an exercise price of U.S. $0.10 per Share. No fractional Shares shall be issued. Warrants shall expire on the Expiration Date as defined in the Warrant Certificate, attached hereto as Schedule B. Subscribers may not purchase an odd number of Units; as no fractional Warrant Shares shall be issued.
Price of Units. The average affordable price for each size category of units on land dedication sites shall not exceed the low target income, sixty-five percent of median income. The maximum income level served by any of the units located on a land dedication site shall not be greater than eighty percent of area median income. The developer shall offer affordablerental units in each size categories to multiple income levels to ensure that the rental units achieve the required average target income. For example, if three-bedroom units are offered tofamilies at eighty percent of median income, the same number of three-bedroom units must beoffered to households at fifty percent of area median income, making the average rent for the unit type sixty-five percent of area median income. Lower rents or an average that meets the same affordability target can be approved through the plan review process.
Price of Units. The units will be issued at a price equal to the series net asset value per unit for the applicable series of units subscribed for. The series net asset value will be determined in accordance with the Fund’s Offering Memorandum on the business day next following the acceptance of this application by Xxxxxxxx Xxxxxxxxx on behalf of the Fund or, if accepted on a business day prior to 4:00 p.m. (Eastern time) (or such earlier time as trading on The Toronto Stock Exchange may close).
Price of Units. The Units will be issued under the Offering at a price equal to their net asset value per Unit determined in accordance with the declaration of trust of the Fund (as amended from time to time) (the "Declaration of Trust") on the Valuation Day next following the acceptance of this application by the Manager on behalf of the Fund or, if accepted prior to 4:00 p.m. (Toronto time) on a Valuation Day, on that Valuation Day. A "Valuation Day" is the last trading day of each week on which the Toronto Stock Exchange is open for business or such other days as the Manager may determine.
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Price of Units. The Units will be issued under the Offering at a price equal to their net asset value per Unit determined in accordance with the declaration of trust of the Fund dated June 6, 2014, as amended from time to time (the “Declaration of Trust”), on the Valuation Day next following the acceptance of this subscription by the Manager on behalf of the Fund or, if accepted prior to 4:00 p.m. (Toronto time) on a Valuation Day, on that Valuation Day. A “Valuation Day” is each day that the Toronto Stock Exchange is open for trading, the last day in each fiscal year of the Fund or any such other day as the Manager may determine.
Price of Units. The price at which the Units of the Trust shall be sold to the public shall be the price as set forth in the Trust's Prospectus.
Price of Units. The Units will be issued under the Offering at a price equal to their net asset value per Unit determined in accordance with the declaration of trust of the Fund, as amended or as amended and restated from time to time (the “Declaration of Trust”), on the Valuation Day (as defined in the Offering Memorandum of the Fund) next following the acceptance of this application by the Manager on behalf of the Fund or, if accepted prior to 4:00 p.m. (Toronto time) on a Valuation Day, on that Valuation Day.
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