VALUATION AND VALUATION DATE Sample Clauses

VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the Acquiring Fund will deliver to the Acquired Fund a number of Class A, Class B, Class C, and Class K Acquiring Fund Shares (including fractional shares, if any) determined as provided in Section 1.
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VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the New Fund will deliver to the Interval Fund the number of New Fund Shares (including fractional shares, if any) determined as provided in Section 1.
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VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the Acquiring Fund will deliver to the Acquired Fund a number of Acquiring Fund Shares (including fractional shares, if any) determined as provided in Section 1.
Sample 1
VALUATION AND VALUATION DATE. 2.1. On the Closing Date, the Acquiring Fund will deliver to each Acquired Fund a number of Class A, Class B, Class C, and Class Z Acquiring Fund Shares (including fractional shares, if any) determined as provided in Section 1. 2.2. The value of each Acquired Fund's net assets will be computed as of the Valuation Date (as defined in Section 2.4 of this Agreement) using the valuation procedures for the Acquiring Fund set forth in the Acquiring Trust Declaration of Trust and the Registration Statement. 2.3. The net asset value of a Class A, Class B, Class C, or Class Z Acquiring Fund Share shall be the net asset value per Class A, Class B, Class C, or Class Z share, as the case may be, of the Acquiring Fund computed as of the Valuation Date using the valuation procedures for the Acquiring Fund set forth in the Acquiring Trust Declaration of Trust and the Registration Statement. 2.4. The Valuation Date shall be 4:00 p.m. Eastern time, and after the declaration of any dividends by each Acquired Fund, on the business day immediately preceding the Closing Date, or such earlier date as may be mutually agreed upon in writing by the parties hereto (the "Valuation Date"). 2.5. The Acquiring Fund shall issue the Acquiring Fund Shares to each Acquired Fund on one or more share deposit receipts registered in the name of the Acquired Fund. Each Acquired Fund shall distribute in liquidation the Acquiring Fund Shares received by it hereunder to its shareholders as contemplated by Section 1.1, by redelivering such share deposit receipts to the Acquiring Trust's transfer agent which will as soon as practicable set up open accounts for Acquired Fund shareholders in accordance with written instructions furnished by each Acquired Fund. Immediately after the close of business on the Valuation Date, the share transfer books of each Acquired Fund will be closed and no further transfers of Acquired Fund shares will be made. 2.6. Each Acquired Fund will pay or cause to be paid to the Acquiring Fund any interest, cash or such dividends, rights and other payments received by it on or after the Closing Date with respect to the Investments (as defined in Section 4.1 of this Agreement) and other properties and assets of such Acquired Fund, whether accrued or contingent, received by it on or after the Closing Date. Any such distribution shall be deemed included in the assets transferred to the Acquiring Fund at the Closing Date and shall not be separately valued unless the securities in ...
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VALUATION AND VALUATION DATE 
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Related to VALUATION AND VALUATION DATE

  • Valuation Date The value of the Collateral shall be determined on the date of the Buy-In (or the payment made pursuant to Section 6.2 below).

  • Portfolio Valuation and Diversification Etc Risk Factor Ratings;

  • Valuation Time At the close of trading of the regular trading session on the Exchange; provided that if the principal trading session is extended, the Calculation Agent shall determine the Valuation Time in its reasonable discretion.

  • Valuation The Subscriber acknowledges that the price of the Securities was set by the Company on the basis of the Company’s internal valuation and no warranties are made as to value. The Subscriber further acknowledges that future offerings of Securities may be made at lower valuations, with the result that the Subscriber’s investment will bear a lower valuation.

  • VALUATION PERIOD Each Division will be valued at the end of each Valuation Period on a Valuation Date. A Valuation Period is each Business Day together with any non-Business Days before it. A Business Day is any day the New York Stock Exchange (NYSE) is open for trading, and the SEC requires mutual funds, unit investment trusts, or other investment portfolios to value their securities. ACCUMULATION VALUE The Accumulation Value of this Contract is the sum of the amounts in each of the Divisions of the Variable Separate Account and General Account. You select the Divisions of the Variable Separate Account and General Account to which to allocate the Accumulation Value. The maximum number of Divisions to which the Accumulation Value may be allocated at any one time is shown in the Schedule. ACCUMULATION VALUE IN EACH DIVISION ON THE CONTRACT DATE On the Contract Date, the Accumulation Value is allocated to each Division as elected by you, subject to certain terms and conditions imposed by us. We reserve the right to allocate premium to the Specially Designated Division during any Right to Examine contract period. After such time, allocation will be made proportionately in accordance with the initial allocation(s) as elected by you. ON EACH VALUATION DATE At the end of each subsequent Valuation Period, the amount of Accumulation Value in each Division will be calculated as follows:

  • Determination of Fair Market Value For purposes of this Section 10.2, “fair market value” of a share of Common Stock as of a particular date (the “Determination Date”) shall mean:

  • Determination Date The Business Day immediately preceding the related Remittance Date.

  • VALUATION OF TRUST In addition to each Accounting Date, the Trustee must value the Trust Fund on the following valuation date(s): (Choose (a) or (b))

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