Application Amount definition

Application Amount means the amount equal to the Issue Price per Unit of the Fund as of the relevant Dealing Day multiplied by the total number of Units being applied for.

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Application Amount means the amount determined in accordance with clause 5.2;

Application Amount in respect of each Application, means an amount equal to the total value of the Offer Securities applied for in the Application plus all fees, charges and expenses payable by the Client in connection with the Application (including transaction levy, commission, account opening fee and such other fees where applicable);

Examples of Application Amount in a sentence

• The Client shall ensure that there are sufficient cleared funds in the Account to cover the Application Amount at the time the Application is made, and at all times thereafter until the same is debited from the Account or otherwise paid for the purposes of settling the Application.

• In the event that the Client pays any amount to the Company by way of margin for the Application, the Company may pay such amount into the relevant Account of the Client and may apply such amount towards satisfaction of the Application Amount as and when payable.

• In the event that the offer price of the Offer Securities (as finally determined by the Issuer) is less than the Application Amount initially paid by the Client, the Company or its nominee will arrange to refund the surplus of the Application Amount to the Client in accordance with the terms and conditions of the relevant Offer subject to Clauses 5.4 (Financing Fees) and 7 (Application Financing) of this Appendix II.

• The Client agrees that any such margin actually received by the Company shall be applied towards satisfaction of the Application Amount before any amount of the Application Loan is so applied.

• If an Application is submitted but is wholly or partly unsuccessful, the Company or its nominee will arrange for refund of the Application Amount (or the applicable balance as the case may be) on the refund date as announced by the Issuer in the same manner described in this Clause subject to Clauses 5.4 (Financing Fees) and 7 (Application Financing) of this Appendix II.

More Definitions of Application Amount

Application Amount means, in respect of each Application, an amount equal to the total value of the Offer Securities applied for in the Application plus all fees, charges and expenses payable by the Client in connection with the Application (including transaction levy, commission, account opening fee and such other fees where applicable);

Application Amount means the aggregate amount payable at the time of Application in respect of the Rights Equity Shares applied for in this Issue at the Issue Price for the Application.

Application Amount means, in respect of an application, the amount in cleared funds remitted by the Applicant and which has been received into and credited to the Subscription Account, and ‘Application Amounts’ shall be construed accordingly.

Application Amount means the Investment Amount plus the Total Adviser Fee (if any);

Application Amount means, in relation to each CLI, the amount which the Customer offers to invest in that CLI.

Application Amount. “BOOKING AMOUNT” shall mean 10% of the Total Price of the Unit.

Application Amount means the amount specified by an Investor in an Application and received in immediately available funds by Macquarie.