Fund Modification definition

Fund Modification means any change or modification of the related Fund Documents prevailing on the Index Launch Date, that could reasonably be expected to affect the value of such Fund Unit or the rights or remedies of any holders thereof (including but not limited to an open-end fund that becomes a closed-end fund), as determined by the Index Calculation Agent, after instruction from the Index Sponsor;

Fund Modification means (i) any change or modification of the related Fund Documents that could reasonably be expected to affect the value of such Fund Interest or the rights or remedies of any holders thereof, in each case, as determined by the Calculation Agent, or (ii) the Reference Fund Investment Manager imposes fees or dealing rules that increase the effective dealing costs relating to any Reference Fund.

Fund Modification means any change or modification of the relevant Fund Documents that could reasonably be expected to affect the value of a Fund Interest or the rights or remedies of any holders thereof (in each case, as determined by the Calculation Agent) from those prevailing on the Trade Date or, in respect of a Replacement Fund Interest, the relevant replacement date; or the imposition of any fees or charges in relation to redemptions, subscriptions, or transfers of Fund Interests;

Examples of Fund Modification in a sentence

• The Calculation Agent may adjust the settlement, payment or any other terms of the Warrants, including implementing Substitution of the relevant Fund Unit if a Fund Modification occurs.

• BNYM may make Fund Modifications available to all users of the Licensed System, including BNYM, at any time after implementation of the particular Fund Modification and any entitlement of the Fund to reimbursement on account of such action must be contained in the Customization Fee Agreement.

• Don’t miss out! FUND REVIEW AND IMPORTANT INFORMATION TO SHAREHOLDERSProduct modifications as of 30/10/2021 Fund Modification / ProjectsEffective changes (June 2021) Polaris funds• Creation of three feeder sub-funds of Polaris funds: Polaris Balanced, Polaris Flexible and Polaris Moderate.

• Investments that lead to the transfer of technology and the establishment of R&D facilities, help create employment or help to locate production facilities in economically disadvantaged regions of the country were the most frequently cited.

• Finally, the Guaranty Fund Modification would combine a single guaranty fundcalculation for index CDS and single-name CDS positions, which takes into account the portfolio benefits between index and single-name positions and incorporates the worst 2-member uncollateralized losses coming from the jump-to-default, spread response, basis and interest rate stress scenario considerations.

More Definitions of Fund Modification

Fund Modification means any change or modification of the related Fund Documents that could reasonably be expected to affect the value of such Fund Interest or the rights or remedies of any holders thereof (in each case, as determined by the Calculation Agent) from those prevailing on the Initial Fixing Date;

Fund Modification means any change or modification of the relevant Fund Documents that could reasonably be expected to affect the value of a Fund Interest or the rights or remedies of any holders thereof (in each case, as determined by the Calculation Agent) from those prevailing on the Trade Date or, in respect of a Replacement Fund Interest, the relevant replacement date; or the imposition of any fees or charges in relation to redemptions, subscriptions or transfers of Fund Interests;

Fund Modification means, in respect of a Fund, any change or modification of its Fund Documents that could reasonably be expected to affect the value of the Fund Interests in such Fund or the rights orremedies of any holders thereof (in each case, as determined by the Calculation Agent) from those prevailing on the Trade Date, or in respect of a Successor Fund, the relevant substitution date.

Fund Modification means any change or modification of the related Fund Documents that could reasonably be expected to affect the value of such Fund Interest or the rights or remedies of any holders thereof from those prevailing on the date on which the Fund Interest issued by the Reference Fund was first referenced as being the relevant Fund Interest in the Securities, which unless otherwise substituted, shall be the Issue Date provided that where the Fund Interest is substituted, the relevant date shall be the effective date of the substitution.

Fund Modification means, in respect of any Fund Interest, any change or modification of the Fund Documents of the related Reference Fund which could reasonably be expected to affect the value of such Fund Interest or the rights and remedies of holders of such Fund Interest from those prevailing on the Index Start Date.

Fund Modification means any change or modification of the related Fund Documents

Fund Modification means any change or modification of the Fund Documents in respect of the ETF Shares which could reasonably be expected to affect: (a) the value of the ETF Shares; or (b) the rights or remedies of any holder of any ETF Shares as compared with those rights and remedies prevailing on the Issue Date.