Examples of Annual Redemption Date in a sentence
Units so redeemed will be redeemed at a redemption price (the “Annual Redemption Price”) equal to the Net Asset Value per Unit on the Annual Redemption Date, less any costs associated with the redemption, including commissions and other costs, if any.
The Units must be surrendered for redemption at least ten Business Days prior to the Annual Redemption Date.
Units so redeemed will be redeemed at a redemption price equal to the Net Asset Value per Unit on the Annual Redemption Date, less any costs and expenses associated with the redemption, including commissions incurred by the Fund to fund such redemptions.
Units must be surrendered for redemption on or before the last business day of the month of May preceding the applicable Annual Redemption Date (the “Annual Cut-Off Date”).
Units properly surrendered for redemption will be redeemed on the second last business day in October of each year (the Annual Redemption Date) and the redeeming unitholder will receive a redemption price per unit equal to 100% of the NAV per unit as determined on the Annual Redemption Date, less any costs and expenses incurred by the Fund in order to fund such redemption.