Value of a unit definition

Value of a unit means the unit price or price per unit of each fund will be the unit value calculated on a daily basis
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Value of a unit or "VALUE OF THE UNITS" means, at any particular date, the market value of the Shares at that date, calculated as the greater of the closing prices of the Shares on The Toronto Stock Exchange and the NASDAQ National Market on the last trading day preceding such date or, if the Shares did not trade on such last trading day, the greater of the average, rounded off to the nearest cent, of the bid and ask prices for the Shares on The Toronto Stock Exchange and the NASDAQ National Market at the close of trading on such last trading day preceding such date, subject to adjustments made pursuant to section 5.2 of this DSUP. The closing price of the Shares or, as the case may be, the average of the bid and ask prices of the Shares at the close of trading on the NASDAQ National Market shall be converted into Canadian dollars at the noon buying rate of Federal Reserve Bank of New York on the Grant Date when such conversion is required;
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Value of a unit means the calculation for the value of a Deferred Stock Unit at any particular date pursuant to paragraph 7.
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Examples of Value of a unit in a sentence

  • Each Fixed Settlement Rate shall be determined based upon the Applicable Market Value of a unit of Exchange Property that a holder of one share of Common Stock would have received in such Reorganization Event.

  • Each Fixed Settlement Rate shall be determined based upon the Applicable Market Value of a unit of Exchange Property that a holder of one share of Class A Common Stock would have received in such Reorganization Event.

  • Each Fixed Settlement Rate shall be determined based upon the Applicable Market Value of a unit of Exchange Property that a holder of one Subordinate Voting Share would have received in such Reorganization Event.

  • The number of shares of Common Stock underlying the award will be calculated by (i) dividing US$8,040,000 (eight million, forty thousand United States dollars) into five equally valued tranches of US$1,608,000 (one million, six hundred and eight thousand United States dollars) and then (ii) dividing each US$1,608,000 tranche by the Grant Date Fair Value of a unit of the award, with any fractional shares rounded to the nearest whole share.


More Definitions of Value of a unit

Value of a unit or “Value of the Units” means, at any particular date, the average closing price of the Shares on the TSX-V, for the five (5) Trading Days immediately preceding such date, subject to adjustments made pursuant to sections 4.2 and 4.3 of this DSUP. The Value of a Unit shall at all times be denominated in Canadian dollars.
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