Determination of Purchase (Offer) Price Sample Clauses

Determination of Purchase (Offer) Price. 12.2.1 On first day of Initial Public Offering Units will be offered at Initial Price as announced by Management Company and subsequently at the price calculated and announced by the Management Company for every Dealing Day through its website and MUFAP. After the Initial Period, the Offer Price offered through Public Offering shall be calculated and announced by the Management Company for every Dealing Day through its website and to Mutual Fund Association of Pakistan (MUFAP). 12.2.2 After the Initial Offer, the Offer Price for the Unit Holder(s) shall be determined from time to time as specified in the Regulations, directives issued thereunder and the Offering Documents. 12.2.3 The Management Company may announce different classes of Units with differing levels of Sales Load, as specified in the Offering Documents.
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Determination of Purchase (Offer) Price. 12.2.1 During the Initial Period, the Units will be offered at par value determined by the Management Company and stated in the Offering Document. 12.2.2 After the Initial Period, the Purchase (Offer) Price shall be determined from time to time pursuant to Clause 12.2.4 hereafter and the Regulations which shall be calculated and announced by the Management Company on each Business Day in accordance with the Regulations. 12.2.3 The method of determining the value of assets and liabilities of the Trust Property and the NAV shall be in compliance with the Regulations. 12.2.4 The Purchase (Offer) Price shall be equal to the sum of: (a) the Net Asset Value as of the close of the Business Day; (b) any Front-end Load as per the Offering Document but not exceeding five percent of the Net Assets Value; (c) such amount as the Management Company may consider being an appropriate provision for government taxes, Duties and Charges. 12.2.5 The Management Company may announce different classes of Units with differing levels of Front-end and/or Back-end Load through the Offering Document. 12.2.6 The Offer price so determined shall apply to purchase request, complete in all respects (including payments in this regard), received by the Distributor before the cut off time of 4.00 pm for acceptance of application for issuance of units on the Business Day on which the investment form has been received. Provided that if a Business Day is not a Subscription Day the Offer Price calculated on the next Subscription Day shall apply to the purchase request. The Management Company will make arrangements, from time to time, for receiving purchase request from outside Pakistan and will disclose these arrangements through its website and its Distributors and agents outside Pakistan. In general, the Offer Price applicable to purchase requests received from outside Pakistan will be the Offer Price applicable on the date the Trustee receives the payments from international investors provided it is a Subscription Day otherwise the Offer Price of the next Subscription Day will apply. 12.2.7 In the event that the amount paid as provision for payment of Duties and Charges pursuant to sub-clause 12.2.4(c) above is insufficient to pay in full such Duties and Charges, the Management Company shall be liable for the payment in full of the amount of such Duties and Charges in excess of such provisions (except where such excess arises from any Duties and Charges levied with retrospective effect after ...
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Determination of Purchase (Offer) Price. 7.2.1 During the Initial Offer, the Units will be offered at Par or Offer Price determined by the Management Company and stated in the Offering Document. After the initial Period, the Offer Price shall be calculated and announced by Management Company on a daily basis
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Determination of Purchase (Offer) Price. 12.2.1 During the Pre-IPO & IPO Period, units will be offered at Initial Price as announced by Management Company and subsequently during the Subscription Period at the price calculated and announced by the Management Company for every Dealing Day through its website and MUFAP. After the Subscription Period, the Offer Price (if applicable offered through Public Offering) shall be calculated and announced by the Management Company for every Dealing Day through its website and to Mutual Fund Association of Pakistan (MUFAP).
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Determination of Purchase (Offer) Price. 12.2.1 On first day ofInitial Public Offering Units will be offeredat Initial Price as announced 12.2.2 After the Initial Offer, the Offer Price for the Unit Holder(s) shall eb determined from time to timeas specified in the Reuglations, directievs issued thereunder and the Offering Documents. 12.2.3 The Manaegment Company may announce different classes of Units withrindgiflfeeevls of Sales Load, as specified in the OfferingDocuments.
Sample 1
Determination of Purchase (Offer) Price. 11.3.1 During the Initial Period, the Units will be offered [43at the Initial Price] by the Management Company and stated in the Offering Document. 11.3.2 After the Initial Period, the Purchase (Offer) Price shall be determined from time to time pursuant to Clause 11.3.3 hereafter and the Regulations which shall be calculated and announced by the Management Company on each Business Day in accordance with the Regulations. 11.3.3 The method of determining the value of assets and liabilities of the Trust Property and the NAV shall be in compliance with the Regulations. 11.3.4 The Purchase (Offer) Price shall be equal to the sum of: (a) the Net Asset Value as of the close of the Business Day; (b) any Front-end Load if charged at the discretion of the Management Company;; (c) such amount as the Management Company may consider being an appropriate provision for government taxes, Duties and Charges; (d) an amount which the Management Company may consider an appropriate provision for Transaction Costs; such sum to be rounded off to the nearest four decimal places.
Sample 1
Determination of Purchase (Offer) Price. 12.2.1 During the Initial Offer period, the Units will be offered at Initial Price as specified by the Management Company. After the Initial Period, the Offer Price shall be calculated and announced by the Management Company for every Dealing Day through its website and to Mutual Fund Association of Pakistan (MUFAP). 12.2.2 After the Initial Offer, the Offer Price for the Unit Holder(s) shall be determined from time to time as specified in the Regulations, directives issued thereunder and the Offering Documents. 12.2.3 The Management Company may announce different classes of Units with differing levels of Sales Load, as specified in the Offering Documents.
Sample 1
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Determination of Purchase (Offer) Price. 13.2.1 Conversion Units shall be issued at ratio of 1:1 for every share held by the shareholders (who shall become the Conversion Unit Holders). Subsequently, Units shall be issued at the price calculated and announced by the Management Company for every Dealing Day through its website and MUFAP. After the issuance of the Conversion Units, the Offer Price offered through Public Offering shall be calculated and announced by the Management Company for every Dealing Day through its website and to MUFAP. 13.2.2 After issuance of Conversion Units mentioned in Clause 4 above, the Offer Price for the Unit Holder(s) shall be determined from time to time as specified in the Regulations, directives issued thereunder and the Offering Documents. 13.2.3 The Management Company may announce different classes of Units with differing levels of Sales Load, as specified in the Offering Documents.
Sample 1

Related to Determination of Purchase (Offer) Price

  • Allocation of Purchase Price (a) No later than sixty (60) calendar days after the final determination of the Adjusted Payment Amount in accordance with the procedures set forth in Section 3.3, Purchaser shall prepare and deliver to Seller a draft of a statement (the “Draft Allocation Statement”) setting forth the allocation of the total consideration paid by Purchaser to Seller pursuant to this Agreement among the Assets for purposes of Section 1060 of the Code. If, within thirty (30) calendar days of the receipt of the Draft Allocation Statement, Seller shall not have objected in writing to such draft, the Draft Allocation Statement shall become the Final Allocation Statement, as defined below. If Seller objects to the Draft Allocation Statement in writing within such thirty (30) calendar-day period, Purchaser and Seller shall negotiate in good faith to resolve any disputed items. If, within ninety (90) calendar days after the final determination of the Adjusted Payment Amount in accordance with the procedures set forth in Section 3.3, Purchaser and Seller fail to agree on such allocation, any disputed aspects of such allocation shall be resolved by a nationally recognized independent accounting firm mutually acceptable to Purchaser and Seller. The allocation of the total consideration, as agreed upon by Purchaser and Seller (as a result of either Seller’s failure to object to the Draft Allocation Statement or of good faith negotiations between Purchaser and Seller) or determined by an accounting firm under this Section 3.9(a) (the “Final Allocation Statement”), shall be final and binding upon the parties. Each of Purchaser and Seller shall bear all fees and costs incurred by it in connection with the determination of the allocation of the total consideration, except that the parties shall each pay one-half (50%) of the fees and expenses of such accounting firm. (b) Purchaser and Seller shall report the transaction contemplated by this Agreement (including income Tax reporting requirements imposed pursuant to Section 1060 of the Code) in accordance with the allocation specified in the Final Allocation Statement. Each of Purchaser and Seller agrees to timely file, or cause to be timely filed, IRS Form 8594 (or any comparable form under state or local Tax law) and any required attachment thereto in accordance with the Final Allocation Statement. Except as otherwise required pursuant to a “determination” under Section 1313 of the Code (or any comparable provision of state or local law), neither Purchaser nor Seller shall take, or shall permit its Affiliates to take, a Tax position which is inconsistent with the Final Allocation Statement. In the event any party hereto receives notice of an audit in respect of the allocation of the consideration paid for the Assets, such party shall immediately notify the other party in writing as to the date and subject of such audit. Any adjustment to the Purchase Price pursuant to Section 3.3 shall be allocated among the Assets by reference to the item or items to which such adjustment is attributable.

  • Payment of Purchase Price The Purchase Price shall be paid as follows:

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