Large Transaction definition
Examples of Large Transaction in a sentence
The Sponsor reserves the right to refuse any purchase order, or to delay settlement of any redemption order, which equals or exceeds the applicable Large Transaction Amount and results from an Extraordinary Event, which the Sponsor, in its sole discretion, deems disruptive or detrimental to the applicable Portfolio.
In connection with any redemption Order that equals or exceeds the applicable Large Transaction Amount, Vanguard reserves the right to delay delivery of redemption proceeds for up to seven days, to the extent permitted by applicable law or regulation, or to effect the redemption through an in-kind distribution of securities.
Vanguard reserves the right to refuse any purchase Order that equals or exceeds the applicable Large Transaction Amount for which the Intermediary fails to give Vanguard the notice required pursuant to Section 11(j)(i).
In connection with any redemption order that equals or exceeds the applicable Large Transaction Amount, the Sponsor reserves the right to delay delivery of redemption proceeds for up to seven days or to effect the redemption though an in-kind distribution of securities.
The Sponsor reserves the right to amend or revise Schedule D at any time and will provide advance notice of such revision to the Company as follows: for any upward revision in the Large Transaction Amounts, 24 hours' notice, and for any downward revision in such amounts, seven days' notice.
In connection with any redemption Order that equals or exceeds the applicable Large Transaction Amount for a VVIF Portfolio set forth in Exhibit A, Vanguard reserves the right to delay delivery of redemption proceeds for up to seven days, to the extent permitted by applicable law or regulation, or to effect the redemption through an in-kind distribution of securities.
The Sponsor reserves the right to refuse any purchase order, or to delay settlement of any redemption order for up to seven calendar days, which equals or exceeds the applicable Large Transaction Amount and results from an Extraordinary Event, which the Sponsor, in its sole discretion, deems disruptive or detrimental to the applicable Portfolio.
In connection with any redemption Order that equals or exceeds the applicable Large Transaction Amount for a Vanguard Fund set forth in Exhibit D, Vanguard reserves the right to delay delivery of redemption proceeds for up to seven days, to the extent permitted by applicable law or regulation, or to effect the redemption through an in-kind distribution of securities.
The Dedicated Leases acquired in a Large Transaction that are not made subject to the Dedication pursuant to this Section 2.4(b) will be free and clear of the Dedication unless and until Producer elects to commit any such Dedicated Leases to the Dedication.
In connection with any redemption order that equals or exceeds the applicable Large Transaction Amount, Vanguard reserves the right to delay delivery of redemption proceeds for up to seven days or to effect the redemption through an in-kind distribution of securities.