Subscriptions and Redemptions definition

Subscriptions and Redemptions ensuring the (1) sale, (2) issue, (3) re- purchase, (4) redemption and (5) cancellation of Participation Rights (the “Transactions of Participation Rights”) are carried out in accordance with the Conditions of a Fund, the Regulations and the Manager's AO/IC;
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Examples of Subscriptions and Redemptions in a sentence

  • Redeeming Shareholders and Shareholders entitled to such distributions will be unsecured creditors of the relevant Fund, and will not benefit from any appreciation in the Net Asset Value of the Fund or any other Shareholder rights (including further dividend entitlement), with respect to the redemption or distribution amount held in the Umbrella Cash Subscriptions and Redemptions Account.

  • Pending redemptions and distributions (including blocked redemptions or distributions) will, pending payment to the relevant Shareholder, be held in the Umbrella Cash Subscriptions and Redemptions Account in the name of the Company.

  • The Contribution Units in the Subscriptions and Redemptions Sub-Fund are valued by reference to the amount of such money, excluding any interest.

  • Subscription monies received in respect of a Fund in advance of the issue of Shares will be held in the umbrella cash subscriptions and redemptions account (“Umbrella Cash Subscriptions and Redemptions Account”) in the name of the Company and will be treated as an asset of the relevant Fund.

  • There may be other instances where cash will be retained in the Umbrella Cash Subscriptions and Redemptions Account and treated in accordance with the Central Bank requirements.

  • No Policy Charge or other cost is payable by the Policyholder in respect of the Subscriptions and Redemptions Sub-Fund.

  • As Subscriptions and Redemptions can occur frequently, a mechanism is required to price the Units of the fund.

  • The details on the specific cash subscription procedures are set out below under the heading "Cash Subscriptions and Redemptions".

  • The details on the specific cash procedures are set out below under the heading "Cash Subscriptions and Redemptions".

  • The linked Policy benefits apply to money transferred to the Subscription and Redemption Sub-Fund but not to any interest accruing on such money (which accrues for the benefit of MPF and which does not form part of the Subscriptions and Redemptions Sub- Fund).

Related to Subscriptions and Redemptions

  • Redemption Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.