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

Examples of Valuation Time in a sentence

  • The Acquired Fund and the Surviving Fund agree to use all commercially reasonable efforts to resolve, prior to the Valuation Time, any material pricing differences.

  • Initial Reference Level: An amount in the Issue Currency to be determined by the Calculatio n Agent as the official closing level of the Reference Item at the Valuation Time on the Issue Date.


More Definitions of Valuation Time

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 has the meaning specified in Paragraph 13.
Valuation Time means in respect of a Security the Scheduled Closing Time on the relevant Exchange on a Digital Valuation Date, Auto-Call Valuation Date or the Valuation Date or such other day as determined by the Calculation Agent, 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 time with reference to which the Index Sponsor calculates the closing level of the Index, or such other time as the Issuer may determine in its absolute discretion and notify to Holders in accordance with General Condition 4.Terms in capitals which are not defined in these Product Conditions shall have the meanings ascribed to them in the General Conditions.2. FORM The Securities are represented by a Global Security (the “Global Security”) which will be deposited with the Clearing Agent and will be transferable only in accordance with the applicable law and the rules and procedures of the relevant Clearing Agent through whose systems the Securities are transferred. Each person (other than another Clearing Agent) who is for the time being shown in the records of the relevant Clearing Agent as the owner of a particular unit quantity of the Securities (in which regard any certificate or other document issued by the relevant Clearing Agent as to the unit quantity of the Securities standing to the credit of the account of any person shall be conclusive and binding for all purposes except in the case of manifest error) shall be treated by the Issuer and each Agent as the holder of such unit quantity of the Securities (and the term “Holder” shall be construed accordingly) for all purposes, other than with respect to any payment and / or delivery obligations, the right to which shall be vested as regards the Issuer and the Agents, solely in the bearer of the Global Security.3. RIGHTS AND PROCEDURES
Valuation Time has the meaning specified in Paragraph 11(c)(iii).
Valuation Time means the close of business on the Business Day before the Valuation Date or date of calculation, as applicable.