Examples of Closure Date in a sentence
U = the number of Participating Units held by the Participating Unitholder as at the Books Closure Date for which such Notice of Election relates.
A Unitholder may elect to participate in the Distribution Reinvestment Plan (the “Participating Unitholder”) in respect of all or, at the discretion of the Manager, part only of his holding of Units as at each Books Closure Date to which each Notice of Election (as hereafter defined) received by him relates for a Qualifying Distribution (the “Participating Units”).
Entitled Shareholders will be provisionally allotted the Rights Shares on the basis of their shareholdings as at the Books Closure Date.
Such notification should be done prior to the Books Closure Date.
Applications received after the said duration will be rejected even though they have been delivered to any of the said collection points prior to the Closure Date.