Valuation Time definition

Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day before the Valuation Date or date of calculation, as applicable, provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day immediately preceding the Valuation Date or date of calculation, as applicable; provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.

Valuation Time means the scheduled weekday closing time of the Exchange, without regard to after hours or any other trading outside of the regular trading session hours, or such other time as the Issuer may determine in its reasonable discretion pursuant to §315 BGB by taking into consideration the relevant capital market practice and by acting in good faith.

Examples of Valuation Time in a sentence

This calculation shall be made without taking into account any issuance or redesignation of Units of that class or series of a class to be processed by the Trust immediately after the Valuation Time of such calculation on that Valuation Date.
For greater certainty, the calculation of the Net Asset Value of the Trust, the Net Asset Value per Unit, the Class Net Asset Value and the Class Net Asset Value per Unit for each class or series of a class of Units as at the Valuation Time on each Valuation Date pursuant to this Article 3 is for the purposes of determining subscription prices of Units and not for the purposes of accounting in accordance with IFRS.
As at the Valuation Time on the last Valuation Date in each taxation year or such other date as the Manager may, in its sole discretion, determine (a “Distribution Date”), the Manager shall, in the manner hereinafter provided, determine the amount of the Net Income and the Net Realized Capital Gains of the Trust for the period since the immediately preceding Distribution Date (or in the case of the first Distribution Date, from the inception date of the Trust).
The Net Asset Value of the Trust shall be determined for the purposes of subscriptions as at the Valuation Time on each Valuation Date in United States dollars.
Any fractional amount of redemption proceeds payable in excess of a Minimum Physical Redemption Lot, or an integral multiple thereof, will, in the Manager’s sole discretion, be paid in Copper or the equivalent value of in cash at a rate equal to 100% of the Class Net Asset Value of the redeemed Units as at the Valuation Time on the applicable Monthly Redemption Date that represents such excess amount.

More Definitions of Valuation Time

Valuation Time has the meaning specified in Paragraph 11(c)(iii).

Valuation Time. At the close of trading of the regular trading session on the Exchange; provided that if the principal trading session is extended, the Calculation Agent shall determine the Valuation Time in its reasonable discretion.

Valuation Time means the time as of which the Fund calculates net asset value for the shares of the Portfolios on the relevant Business Day.

Valuation Time means the Scheduled Closing Time on the relevant Exchange on the Strike Date, the Valuation Date or an Auto-Call Valuation Date, as the case may be. If the relevant Exchange closes prior to its Scheduled Closing Time and the specified Valuation Time is after the actual closing time for its regular trading session, then the Valuation Time shall be such actual closing time.

Valuation Time means the Scheduled Closing Time on the relevant Exchange on the relevant day in relation to each Share to be valued. If the relevant Exchange closes prior to its Scheduled Closing Time and the specified Valuation Time is after the actual closing time for its regular trading session, then the Valuation Time shall be such actual closing time.

Valuation Time means the close of business on the Business Day before the Valuation Date or date of calculation, as applicable.

Valuation Time means the Scheduled Closing Time on the Exchange. If the Exchange closes prior to its Scheduled Closing Time and the specified Valuation Time is after the actual closing time for its regular trading session, then the Valuation Time shall be such actual closing time.