Daily Valuation. Rollover of Commodity CFDs A rollover will arise in Commodity CFDs when the underlying front month futures contract is approaching the Expiry Date and we change our CFD pricing fee from the front month to the Next Serial Futures Contract. When the new price feed takes effect you will immediately create a gain or loss in your open Position. This profit or loss will depend on your Position size and direction and price differential of the expiring contract and the new contract on which the price will be now based. You will be credited or debited with a Rollover Charge or Rollover Benefit that will fully offset the effect of the abovementioned profit or loss. For example, if you have made a profit on the change the new Contract Price feed you will receive a Rollover Charge which will offset the gain.
Daily Valuation. If the Employer elects daily valuation under Part 12, #44 of the Agreement [Part 12, #62 of the 401(k) Agreement] or, if in operation, the Employer elects to have the Plan daily valued, the Plan Administrator may adopt reasonable procedures for performing such valuations. Unless otherwise set forth in the written procedures, a daily valued Plan will have its assets valued at the end of each business day during which the New York Stock Exchange is open. The Plan Administrator has authority to interpret the provisions of this Plan in the context of a daily valuation procedure. This includes, but is not limited to, the determination of the value of the Participant’s Account for purposes of Participant loans, distribution and consent rights, and corrective distributions under Article 17.
Daily Valuation. The Plan shall use a daily valuation system, which generally shall mean that Accounts will be updated each Valuation Date to reflect activity for that day, such as new contributions received by the Trustee, withdrawals or other distributions, changes in the Member’s investment elections, and changes in the value of the Investment Funds under the Plan. Such daily valuation shall be dependent upon the Plan’s recordkeeper, which may be a mutual fund sponsor, receiving complete and accurate information from a variety of different sources on a timely basis. It is understood that events may occur that cause a delay or interruption in that process, affecting a single Member or a group of Members, and there shall be no guarantee by the Plan that any given transaction will be processed on a particular anticipated day. In the event of any such delay or interruption, any affected transaction will be processed as soon as administratively feasible and no attempt will be made to reconstruct events as they would have occurred absent the delay or interruption, regardless of the cause, unless the Committee in its sole discretion directs the Plan’s recordkeeper to do so.
Daily Valuation. 6.2 [***].
Daily Valuation. Calculate daily accumulation unit values of all subaccounts under variable life insurance policies. Calculate any performance returns needed in regulatory documents or advertising, sales literature or marketing materials.
Daily Valuation. If the daily valuation option is applicable to the entire Account or to particular subaccounts, then the Trustee shall account for the investments and investment transactions attributable to each Account or such subaccounts, as the case may be, separately. Earnings or losses on Plan Assets attributable to a particular Account or subaccount shall be allocated solely to that Account or subaccount. A Participant will be entitled to receive a statement of his Account value at least one time per Plan Year.
Daily Valuation. 1.1 Long FX Contracts If you are long on a FX Contract where the bought currency interest rates are higher than the sold currency interest rates you will receive interest at the Swap Rate if you hold the Position overnight and do not close it before the settlement time. This is because you are holding the higher yielding currency. On the other hand, if you are long on a FX Contract where the bought currency interest rates are lower than the sold currency interest rates then you will pay interest at the Swap Rate if you hold the Position overnight and do not close it before the settlement time. This is because you are holding the lower yielding currency.
Daily Valuation. The Employer may elect under AA §11-1 or may elect operationally to value assets on a daily basis. The Plan Administrator may adopt reasonable procedures for performing such valuations. Unless otherwise set forth in the written procedures, a daily valued Plan will have its assets valued at the end of each business day during which the New York Stock Exchange is open. The Plan Administrator has authority to interpret the provisions of this Plan in the context of a daily valuation procedure. This includes, but is not limited to, the determination of the value of the Participant's Account for purposes of Participant loans, distribution and consent rights, and corrective distributions.
Daily Valuation. If the daily valuation option is applicable to the entire Account or to particular subaccounts, the amount of a distribution attributable to such Account or subaccounts, as the case may be, shall be based on the nonforfeitable percentage of the Participant's Account or subaccounts, as the case may be, at the cash value of the Plan Assets allocable to such Account or subaccounts, as the case may be, as said Plan Assets are converted to cash (after taking into account all prior payments and/or withdrawals and the allocation of all contributions to which the Participant is entitled).
Daily Valuation. [ ] (f) (SPECIFY) -------------------------------------------- ----------------------------------------------------- -----------------------------------------------------
