Dealing Price definition

Dealing Price means the price at which Shares can be subscribed for, or redeemed or repurchased from time to time.
Sample 1Sample 2Sample 3
Dealing Price means the price per Share at which we will arrange for Shares to be acquired for you. The Dealer will calculate the Dealing Price. The Dealing Price is explained further in Condition 6(b).
Sample 1

Examples of Dealing Price in a sentence

  • Fair Value Pricing Fair value pricing (FVP) may be defined as the application of a Manager’s best estimate of the amount a Trust might receive on a sale, or expect to pay on a purchase, of one or more securities or even an entire portfolio of securities, at the time of the Trust’s Valuation Point, with the intention of producing a fairer Dealing Price, thereby protecting ongoing, incoming and outgoing investors.

  • The relevant Dealing Price will be increased or decreased by any subscription, redemption or conversion fees, as mentioned below.

  • Subscription, redemption and conversion requests received by the Registrar Agent no later than 10 am on any Valuation Day will be accepted and traded on the basis of the Dealing Price applicable to such Valuation Day.

  • Normally, the Dealing Price per Share will be rounded up to a maximum of 0.30 % of the Net Asset Value of that class.

  • If the Directors expect that there will be overall net redemptions over a longer period of time, the Directors will consider to change the aforesaid pricing policy in a manner that the Dealing Price per Share will be rounded down to a maximum of 0.30% of the Net Asset Value.

  • Dealing Price The Dealing Price for a Share of each class is calculated in accordance with the Articles by rounding the Net Asset Value per Share of each class up or down to the third decimal place.

  • Unless otherwise specified in the Appendices, instructions to convert or redeem Units received by the Registrar Agent prior to 10 am on any Business Day will be processed at the Dealing Price less any redemption or conversion fees as mentioned in the relevant Appendix.

  • In contrast, you should note that your Singapore Distributor may determine the number of Shares to be allotted by subtracting the subscription fee as a percentage of your gross investment amount and dividing the result by the applicable Dealing Price.

  • The Fund is authorised without limitation to allot and issue Shares (and within each Sub-Fund to allot and issue Distribution Shares and Accumulation Shares) at any time at the relevant Dealing Price per Share which is based on the Net Asset Value determined according to the Articles without reserving preferential subscription rights to existing Shareholders.

  • The Dealing Price will fluctuate according to the NAV per Share of the relevant Share Class at the time of subscription.

Related to Dealing Price

  • Ending Price means, with respect to the Company and any other Company Peer Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days ending on the last trading day of the Performance Period. For the purpose of determining Ending Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the corresponding ex-dividend date.

  • Trading Price of the Notes on any date of determination means the average of the secondary market bid quotations obtained by the Bid Solicitation Agent for $5,000,000 principal amount of Notes at approximately 3:30 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers the Company selects for this purpose; provided that if three such bids cannot reasonably be obtained by the Bid Solicitation Agent but two such bids are obtained, then the average of the two bids shall be used, and if only one such bid can reasonably be obtained by the Bid Solicitation Agent, that one bid shall be used. If the Bid Solicitation Agent cannot reasonably obtain at least one bid for $5,000,000 principal amount of Notes from a nationally recognized securities dealer on any determination date, then the Trading Price per $1,000 principal amount of Notes on such determination date shall be deemed to be less than 98% of the product of the Last Reported Sale Price of the Common Stock and the Conversion Rate.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Offering Price has the meaning given to it in the first paragraph of this Agreement;

  • Beginning Price means, with respect to any one company, the average closing price of one share of common stock during the first fiscal quarter of the Performance Period. 

  • Sale Price means the value as determined by the Administrator of the consideration payable, or otherwise to be received by stockholders, per share of Stock pursuant to a Sale Event.

  • Market Price means, with respect to a particular security, on any given day, the last reported sale price regular way or, in case no such reported sale takes place on such day, the average of the last closing bid and ask prices regular way, in either case on the principal national securities exchange on which the applicable securities are listed or admitted to trading, or if not listed or admitted to trading on any national securities exchange, the average of the closing bid and ask prices as furnished by two members of the Financial Industry Regulatory Authority, Inc. selected from time to time by the Company for that purpose. “Market Price” shall be determined without reference to after hours or extended hours trading. If such security is not listed and traded in a manner that the quotations referred to above are available for the period required hereunder, the Market Price per share of Common Stock shall be deemed to be (i) in the event that any portion of the Warrant is held by the Original Warrantholder, the fair market value per share of such security as determined in good faith by the Original Warrantholder or (ii) in all other circumstances, the fair market value per share of such security as determined in good faith by the Board of Directors in reliance on an opinion of a nationally recognized independent investment banking corporation retained by the Company for this purpose and certified in a resolution to the Warrantholder. For the purposes of determining the Market Price of the Common Stock on the “trading day” preceding, on or following the occurrence of an event, (i) that trading day shall be deemed to commence immediately after the regular scheduled closing time of trading on the New York Stock Exchange or, if trading is closed at an earlier time, such earlier time and (ii) that trading day shall end at the next regular scheduled closing time, or if trading is closed at an earlier time, such earlier time (for the avoidance of doubt, and as an example, if the Market Price is to be determined as of the last trading day preceding a specified event and the closing time of trading on a particular day is 4:00 p.m. and the specified event occurs at 5:00 p.m. on that day, the Market Price would be determined by reference to such 4:00 p.m. closing price).

  • Bid Price means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed or quoted on a Trading Market, the bid price of the Common Stock for the time in question (or the nearest preceding date) on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported in the “Pink Sheets” published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined by an independent appraiser selected in good faith by the Purchasers of a majority in interest of the Securities then outstanding and reasonably acceptable to the Company, the fees and expenses of which shall be paid by the Company.