Subscription Day definition

Subscription Day means every Business Day provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven (7) days notice in the two (2) widely circulated English and Urdu newspapers declare any particular Business Day or days not to be a Subscription Day.

Subscription Day means the last Business Day of each week or such other day or days as the Directors may from time to time determine that Participating Shares in the Fund are available for subscription;

Subscription Day means every Business Day on which any class of Unit is available for subscription provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven (7) days notice in at least one newspaper, either English or Urdu circulating in Pakistan, declare any particular Business Day not to be a Subscription Day. Such notice shall be deemed to be duly served on the Holder.

Examples of Subscription Day in a sentence

• As at the Subscription Day, the issue of the Common Shares which may be issued as a result of the relevant Equity Drawdown Notice will not be subject to any pre-emptive or similar rights.

• The warranties are deemed to be repeated on each Subscription Day, each Drawdown Date and each date on which Common Shares are issued pursuant to this Agreement.

• The Warranties shall be deemed to have been repeated by the Company as at each Subscription Day, as at each Drawdown Date and as at each date on which Common Shares become issued and Listed pursuant to this Agreement with reference to the facts and circumstances existing on that date.

• The Company will have on each Subscription Day and corresponding Drawdown Date, an adequate reserve of authorized but unissued Common Shares to enable it to allot and issue the number of Common Shares equal to the Subscription Number set forth in the relevant Equity Drawdown Notice or number of Common Shares subscribed for pursuant to an Acceptance Notice, as applicable, and for the Warrant Shares issuable pursuant to any outstanding or issuable Warrants.

More Definitions of Subscription Day

Subscription Day means every Business Day provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven days notice in the news papers declare any particular Business Day not to be a Subscription Day.

Subscription Day means every Business Day provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven days notice in at least one daily newspapers widely circulated in Pakistan, declares any particular Business Day or days not to be a Subscription Day.

Subscription Day means every Business Day provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven days notice in at least one newspaper, either English or Urdu circulating in Pakistan, declare any particular Business Day not to be a Subscription Day.

Subscription Day means every Business Day provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven days notice in the two widely circulated English & Urdu newspapers declare any particular Business Day or days not to be a Subscription Day.

Subscription Day means any Business Day falling after the Initial Share Issue Date.

Subscription Day means every Business Day on which any class of Units is available for subscription; provided that the Management Company may, with the prior written consent of the Trustee and upon giving not less than (7) seven-day prior notice in at least two widely circulated newspapers, one in the English language and one in the Urdu language, declare any particular Business Day not to be a Subscription Day. Such notice shall be deemed to be duly served on the Unit Holders.

Subscription Day means each Valuation Day falling after the Closing Date;