Examples of Rebalancing Date in a sentence
For the purpose of determining whether any adjustment to the Collateral Assets is required or permitted pursuant to the foregoing, the aggregate Market Value of Collateral Assets as of the Rebalancing Date shall be calculated taking into account any prior Substitution or Release which is due to be effected but for which the relevant settlement date falls on or after such Rebalancing Date, as the case may be.
An ETF’s spot horizon value is not always its most recent price and, in the equity and alternatives asset classes, the date for determining the spot horizon is a date 4 Strategy Business Days before the short-term horizon date, which is typically the Strategy Business Day prior to the Rebalancing Date.
The number of Equity Shares to be held is calculated on the close of each Rebalancing Date.
Without limiting the foregoing, no Access Person of TIS may purchase or sell a security which is a constituent component of a Proprietary Index within two (2) business days before or two (2) business days after a Rebalancing Date.
The first Calculation Date following the Fund Exposure Event Day that is not a Disrupted Day for either the Substituted Fund and the Substitutive Fund (such Calculation Date, the "Fund Substitution Date") shall be deemed to be a Rebalancing Date and, therefore, a Rebalancing (as defined in Condition 6 below) will take place.