Application Unit definition

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 Unit means, in respect of a Sub-Fund, such number of Units of a class or whole multiples thereof as specified in Part 2 of this Prospectus or such other multiple of Units of a class from time to time determined by the Manager, in consultation with the Trustee, and notified to Participating Dealers, either generally or for a particular class or classes of Units.

Application Unit means such number of Units of a class or whole multiples thereof as specified in the Prospectus or such other multiple of Units of a class from time to time determined by the Manager and the Trustee and notified to the Participating Dealer(s), either generally or for a particular class or classes of Units;

Examples of Application Unit in a sentence

• Creations and Redemptions through Participating Dealers Units will continue to be created and redeemed at the Issue Price and the Redemption Value respectively through Participating Dealers in Application Unit Size.

• The Application Unit size for a Sub-Fund is the number of Units specified in the relevant Appendix.

• An Application for the redemption and cancellation of Units shall only be made or accepted (as the case may be) on a Dealing Day, shall only be in respect of Units constituting an Application Unit size thereof and shall only be accepted if made by or through a Participating Dealer in accordance with the terms of the Trust Deed and the relevant Participation Agreement.

• Redemption of Units Unless otherwise determined by the Manager, a Redemption Application shall only be made by a Participating Dealer or the Eligible Investors in accordance with the terms of the Trust Deed, this Prospectus and the Operating Guidelines (where applicable) and (if applicable) the Participation Agreement on a Dealing Day in respect of Units constituting an Application Unit size or whole multiples thereof.

• Numerical example of the amount of redemption proceeds payable in the case of a cash Redemption Application The following is an illustration of the redemption proceeds a Participating Dealer will receive in making a cash Redemption Application based on one Application Unit of 50,000 Units and a notional Redemption Value per Unit of S$1.000 minus Duties and Charges of S$50 (purely for illustration purpose) and the Transaction Fee of S$650.

More Definitions of Application Unit

Application Unit means, in relation to each Product, such number of Units or whole multiples thereof (if any) as specified in this Prospectus for the relevant Product or such other number of Units from time to time determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

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

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

Application Unit means, in relation to each Sub-Fund, such number of Units of a class or whole multiples thereof as specified in the Offering Document for the relevant Sub-Fund or such other multiple of Units of a class from time to time determined by the Manager and approved by the Trustee or, in respect of Hang Seng Index ETF only, such other number of Units of a class from time to time determined by the Manager, approved by the Trustee and notified by the Manager to the relevant Participating Dealers;

Application Unit means, in relation to each Index Fund, such number of Units of a class or multiples thereof as specified in this prospectus for the relevant Index Fund or such other multiple of Units of a class from time to time determined by the Manager, approved by the Trustee and notified to Participating Dealers, either generally or for a particular class or classes of Units.

Application Unit means, in relation to each Sub-Fund, such number of Units or whole multiples thereof as specified in this Prospectus or such other number of Units from time to time determined by the Manager, approved by the Trustee and notified by the Manager to the Participating Dealers.

Application Unit means such number of Units or whole multiples thereof as specified in this Prospectus or such other number of Units from time to time determined by the Manager and notified to the Participating Dealer.