NAV Calculation Day definition

NAV Calculation Day. Means the Business Day on which the Net Asset Value is calculated in respect of a specific Valuation Day as set out in respect of each Sub-Fund in the relevant Special Section;
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NAV Calculation Day. Means the Business Day on which the Net Asset Value is calculated in respect of a specific Valuation Day. Unless otherwise provided for in respect of a specific Sub-Fund in the relevant Special Section and provided that the subscription, conversion or redemption request is received on the Valuation Day before the applicable subscription cut-off time or redemption cut-off time, the NAV Calculation Day will be the first Business Day following the relevant Valuation Day.
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Examples of NAV Calculation Day in a sentence

  • Redemption requests received after the Redemption Cut-Off Time will be deemed received at the next forthcoming Valuation Day and will be processed on the basis of the Net Asset Value per Share as of the first NAV Calculation Day after the relevant Valuation Day.

  • The Net Asset Value per Share of each Class within in each Sub-fund will be made public at the offices of the Company, the Management Company and the Administrative Agent on each NAV Calculation Day.

  • If the Sub-fund has more than one Class in issue, the Administrative Agent will calculate the Net Asset Value per Share of each Class for a Valuation Day by dividing the portion of the Net Asset Value of the relevant Sub-fund attributable to a particular Class by the number of Shares of such Class in the relevant Sub-fund which are in issue on such Valuation Day (including Shares in relation to which a Shareholder has requested redemption on such Valuation Day in relation to such NAV Calculation Day).

  • Redemption requests received after the Redemption Cut-Off Time will be deemed received at the next forthcoming Transaction Day and will be processed on the basis of the Net Asset Value per Share as of the first NAV Calculation Day after the relevant Transaction Day.

  • Notwithstanding the powers granted to the Board as described in the previous paragraph, a general meeting of Shareholders of a Sub-fund or Class may, upon proposal of the Board, decide to repurchase all the Shares in such Sub-fund or Class and to reimburse the Shareholders on the basis of the Net Asset Value of their Shares (taking account of current realisation prices of the investments as well as realisation expenses) calculated as of the NAV Calculation Day on which such decision shall become effective.

  • Subscription orders for Shares received by the Administrative Agent or Distributor(s) on a Transaction Day prior to the relevant Subscription Cut-Off Time, will be processed on the first NAV Calculation Day following such Transaction Day on the basis of the Net Asset Value per Share calculated on such NAV Calculation Day.

  • Payment of the redemption proceeds will be made no later than 2 Business Days following the relevant NAV Calculation Day.

  • Redemption requests received after the Redemption Cut-Off Time in respect of a Valuation Day will be deemed received at the next forthcoming Valuation Day and will be processed on the basis of the Net Asset Value per Share as of the first NAV Calculation Day after the relevant Valuation Day.

  • Subscription orders for Shares received by the Administrative Agent in respect of a Valuation Day prior to the relevant Subscription Cut-Off Time, will be processed on the first NAV Calculation Day following such Valuation Day on the basis of the Net Asset Value per Share calculated on such NAV Calculation Day.

  • Payment of the redemption proceeds will be made generally within 5 (five) Business Days following the relevant NAV Calculation Day.

Related to NAV Calculation Day

  • Calculation Day means any Index Business Day during the Calculation Period on which a Market Disruption Event has not occurred.

  • Valuation Day means any day on which Repo Custodian is open for business.

  • Computation Day and "Record Date" shall mean 10, 10, 10, and 10.

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Election Day means the day fixed under this Act for the holding of any poll needed for an election;

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Nomination Day means the last day for filing or withdrawing a nomination as provided for by the Municipal Elections Act, 1996.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • Evaluation Day shall have the meaning set forth in Section 2.3.1(b).

  • Interest Quotation Day means, in relation to any period for which Interest Rate is to be determined, 2 Quotation Business Days before the first day of the relevant Interest Period.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;

  • Quotation Day means, in relation to any period for which an interest rate is to be determined, two (2) Business Days before the first day of that period.

  • Collection Day means any day which is scheduled by the Municipality for municipal collection of collectible waste.

  • Termination Day means: (a) each day on which the conditions set forth in Section 2 of Exhibit II to this Agreement are not satisfied or (b) each day that occurs on or after the Facility Termination Date.