Application Unit definition

Application Unit means such number of Units or whole multiples thereof as specified in this Prospectus or such other whole multiple of Units determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

Application Unit means, in respect of a Listed Class, such number of Units of a Listed Class or whole multiples thereof as specified in this Prospectus or such other number of Units of a Listed Class determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

Application Unit means, in relation to each Product, such number of Units or whole multiples thereof (if any) as specified in this Prospectus for the relevant Product or such other number of Units from time to time determined by the Manager, approved by the Trustee and notified to the Participating Dealers.

Examples of Application Unit in a sentence

• The Application Unit size for a Sub-Fund is the number of Units specified in the relevant Appendix.

• The minimum subscription amount for a Sub-Fund through a Participating Dealer is 1 Application Unit.

• The Application Unit size for a Sub-Fund is set out in Part 2 of this Prospectus.

• Unless otherwise determined by the Manager, in consultation with the Trustee, a Redemption Application shall only be made by a Participating Dealer or PD Agent (as the case may be) in respect of a Dealing Day in accordance with the terms of the Trust Deed and the relevant Participation Agreement on a Dealing Day in respect of Units constituting an Application Unit size or whole multiples thereof.

• Unless otherwise determined by the Manager, in consultation with the Trustee, a Creation Application shall only be made by a Participating Dealer or PD Agent (as the case may be) in respect of a Dealing Day in accordance with the terms of the Trust Deed and the relevant Participation Agreement either during the Initial Offer Period or on a Dealing Day in respect of Units constituting an Application Unit size or whole multiples thereof.

More Definitions of Application Unit

Application Unit means, in respect of a Sub-Fund, such number of Units of a class or whole multiples thereof as specified in Part 2 of this Prospectus or such other multiple of Units of a class from time to time determined by the Manager, in consultation with the Trustee, and notified to Participating Dealers, either generally or for a particular class or classes of Units.

Application Unit means such number of Units of a class or whole multiples thereof as specified in the Prospectus or such other multiple of Units of a class from time to time determined by the Manager, the Trustee and the Participating Dealer(s), either generally or for a particular class or classes of Units;

Application Unit means the number of Units or whole multiples thereof as specified in this Prospectus or such other multiple of Units as may from time to time be determined by the Manager, approved by the Trustee and notified to Participating Dealers.

Application Unit means, in relation to each Index Fund, such number of Units of a class or multiples thereof as specified in this prospectus for the relevant Index Fund or such other multiple of Units of a class from time to time determined by the Manager, approved by the Trustee and notified to Participating Dealers, either generally or for a particular class or classes of Units.

Application Unit means, in relation to each Sub-Fund, such number of Units of a class or whole multiples thereof as specified in the Offering Document for the relevant Sub-Fund or such other multiple of Units of a class from time to time determined by the Manager and approved by the Trustee or, in respect of Hang Seng Index ETF only, such other number of Units of a class from time to time determined by the Manager, approved by the Trustee and notified by the Manager to the relevant Participating Dealers;

Application Unit means, in relation to each Sub-Fund, such number of Units or whole multiples thereof as specified in this Prospectus or such other number of Units from time to time determined by the Manager, approved by the Trustee and notified by the Manager to the Participating Dealers.

Application Unit means such number of Units or whole multiples thereof as specified in this Prospectus or such other number of Units from time to time determined by the Manager and notified to the Participating Dealer.