Calculation of Net Asset Value of the Trust and Net Asset Value per Unit. The Net Asset Value of the Trust shall be determined for the purposes of subscriptions and redemptions as at the Valuation Time on each Valuation Date in United States dollars. The Net Asset Value of the Trust determined on the last Valuation Date of each year shall include all income, expenses and any other items to be accrued to December 31 of each year and since the last calculation of the Net Asset Value per Unit for the purpose of the distribution of Net Income and Net Realized Capital Gains of the Trust to Unitholders. The “
Appears in 4 contracts
Samples: Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust)
Calculation of Net Asset Value of the Trust and Net Asset Value per Unit. The Pursuant to the Trust Agreement, the Net Asset Value of the Trust shall be determined for the purposes of subscriptions and redemptions as at of the Valuation Time on each Valuation Date in United States dollars. The Net Asset Value of the Trust determined on the last Valuation Date of each year shall include all income, expenses and Common Expenses, Class Expenses or any other items to be accrued to December 31 31st of each year and since the last calculation of the Net Asset Value per Unit or the Class Net Asset Value per Unit for the purpose of the distribution of Net Income and Net Realized Capital Gains of the Trust to Unitholders. The “
Appears in 1 contract
Samples: Valuation Services Agreement (Sprott Physical Platinum & Palladium Trust)
Calculation of Net Asset Value of the Trust and Net Asset Value per Unit. The Pursuant to the Trust Agreement, the Net Asset Value of the Trust shall be determined for the purposes of subscriptions and redemptions as at the Valuation Time on each Valuation Date in United States dollars. The Net Asset Value of the Trust determined on the last Valuation Date of each year shall include all income, expenses and Common Expenses, Class Expenses or any other items to be accrued to December 31 31st of each year and since the last calculation of the Net Asset Value per Unit or the Class Net Asset Value per Unit for the purpose of the distribution of Net Income and Net Realized Capital Gains of the Trust to Unitholders. The “
Appears in 1 contract
Samples: Valuation Services Agreement (Sprott Physical Gold Trust)
