Subscription Day definition

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 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 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

  • Applications to subscribe for Shares must be received by the Administrator by no later than noon (12:00) Central European Time (CET), one (1) Business Day prior to the relevant Subscription Day.

  • Classes “D1” and “D2” Shares shall be issued by the Company on each Subscription Day at the relevant prevailing Subscription Price.

  • Shares shall be issued with effect from the relevant Subscription Day (as the case may be).

  • In the event that the Fund has suspended or postponed calculation of the Net Asset Value, the Fund shall utilise the Subscription Price on the next effective Subscription Day following the resumption of calculation of the Net Asset Value.

  • In the event that an application to subscribe for Shares is received by the Administrator later than the aforementioned cut-off times, the subscription of Shares in relation to such a late application shall be processed and formalised on the next Subscription Day following the relevant Subscription Day in respect of which the late application was submitted, subject to the right of the Fund, at its sole discretion, to accept to process such a late subscription application.


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 the two widely circulated English & Urdu newspapers declare 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 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 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 the day or days as the Directors may from time to time determine for a particular Class and specify in the relevant Class Supplement;