Examples of Fund Disruption Event in a sentence
If the Calculation Agent determines that a Reference Fund Disruption Event has occurred, the Calculation Agent may postpone the Valuation Date to a later date which is not a Disrupted Day, provided that the Valuation Date will not be postponed beyond the date specified in the relevant Pricing Supplement as the "Cut-off Valuation Date".
A Reference Fund Disruption Event may occur in respect of Notes if, as determined by the Calculation Agent: the date on which a Reference Fund is scheduled to determine the net asset value of such Reference Fund is postponed; the reporting of such net asset value is postponed; or payment in respect of any redemption is postponed.
The occurrence of a Fund Disruption Event shall be published in accordance with § 11.
The operations of both ECS Holdings and Clade require a more diversified business portfolio, requiring extended management infrastructure and further capitalisation.
The occurrence of a Fund Disruption Event will lead to a delay in valuation and may lead to the Issuer estimating the value of the Fund Units.