Examples of Repurchase Day in a sentence
Settlement proceeds shall be paid to Members of record as soon as practicable after the Final Repurchase Day.
HCl emissions from the B001/P001 exhaust stack shall not exceed 10.87 pounds per hour and 42.84 tons per year.
Each Sub-Fund shall terminate and the Directors will arrange for the issued and outstanding shares of each Sub-Fund to be repurchased at the Net Asset Value per share on the Final Repurchase Day, provided that the Final Repurchase Day may be deferred for a finite period as set out in the Prospectus.
Subject as provided below, Units may be repurchased at the option of Unitholders as at each Repurchase Day.
As is more specifically described herein below and in accordance with the Act, the ICAV has the power to repurchase outstanding fully paid Shares of any Fund or Class with respect to any Repurchase Day for the relevant Fund or Class in such denominations as the Directors may from time to time decide.
In the event of any change in a Subscription Day or a Repurchase Day, reasonable advance notice thereof shall be given by the Directors to Shareholders in writing or via a durable medium; PROVIDED THAT in the case of a Fund which the Directors consider to be, in accordance with the requirements of the Central Bank, an “open-ended” Fund, there shall be at least one Repurchase Day in each calendar quarter.
In the event such Side Pocket Shares are established, the Directors will issue to each redeeming Shareholder in that Fund for the particular Repurchase Day, in exchange for its Shares and in partial satisfaction of the repurchase proceeds, Side Pocket Shares which shall correspond with each such Shareholder’s pro rata portion of such Illiquid Investment.
For the avoidance of doubt in the case of any closed-ended Fund the Directors may declare a specific Repurchase Day (and corresponding Valuation Point) for the purposes of giving effect to a conversion of Shares.
If the request is not withdrawn subject as hereinbefore provided the repurchase of Shares shall be effected on the Business Day next following the end of the suspension which will constitute a Repurchase Day for such purpose.
Also needed is a computerized, interagency instructor database to track instructor qualifications, experience, and evaluations.