Examples of Declaration Day in a sentence
The teacher must be notified on Declaration Day if the student intends to take the exam.
Such additional shares will be issued up to five (5) Business Days following such Dividend Declaration Day.
The number of additional shares received by a relevant shareholder upon the reinvestment of the dividends declared on a Dividend Declaration Day will be the amount of the cash dividends that he would otherwise have received divided by the Net Asset Value on such Dividend Declaration Day, rounded down to three decimal places.
Any remaining cash amount of such dividends not so reinvested will be paid up to five (5) Business Days following such Dividend Declaration Day.
Dividends declared on a Dividend Declaration Day will be paid up to 6 Business Days following such Dividend Declaration Day.
Any Shareholder wishing to withdraw such election should give written notification of such withdrawal to the Administrator no later than ten (10) Business Days before the first Dividend Declaration Day from which such withdrawal is to be effective, and all dividends declared from (and including) such Dividend Declaration Day will not be so reinvested in additional Shares.
The Clearing House will partially auto-exercise overnight the deep in-the-money Metal Options up to two Strike Prices above and below the at-the-money Strike Prices, based on publicly available LME Closing Prices (for the third Wednesday Prompts Dates) established at the end of the day before the Last Declaration Day.
Metal Options are therefore only partially automatically exercised based on Closing Prices established the day before Declaration Day.
The partial auto-exercise by the Clearing House is designed to assist the expiry process and to provide maximum flexibility for managing pin risks from market movements on floating third Wednesday Prompt Date prices that are prevailing on Declaration Day.
Dividends declared on a Dividend Declaration Day will be paid to shareholders in the Distribution Classes who are registered in the Register on such Dividend Declaration Day.