Initial Creation definition

Initial Creation means the initial creation of Shares pursuant to the provisions of Section 2.01 hereof.
Initial Creation means the initial creation of iShares of a Trust pursuant to the provisions of Section 2.01.

Examples of Initial Creation in a sentence

  • Initial Creation of Transaction SUBI Portfolio and Transaction SUBI.

  • Section 11.1 Initial Creation of Transaction SUBI Portfolio and Transaction SUBI.

  • The remuneration shall begin to accrue from the issue of Initial Creation Units.Such remuneration shall be paid to the Trustee in arrears within thirty (30) Business Days after the end of each calendar month.In consideration of the foregoing and save as aforesaid the Trustee shall be responsible for the payment of all expenses incurred by the Trustee from time to time in connection with its duties as Trustee of the Trust.

  • The Initial Creation of Shares will take place in compliance with such procedures as the Trust, the Sponsor and the Agents may agree.

  • The Initial Creation of Shares will take place in compliance with such procedures as the Trust, the Sponsor and the Initial Purchaser may agree.

  • Initial Creation of the 1999-1B Sold SUBI Portfolio and the 1999-1B Sold SUBI .

  • Initial Deposit, Declaration of Trust and Issuance of Initial Creation Baskets.........

  • Initial Creation of iShares...............................3 Section 2.02.

  • Initial Creation of 20[__]-[__] SUBI Sub-Trust and 20[__]-[__] SUBI.

  • In the Region III of universe White continent region (E-LANKA) shall be considered as White Matter Region of Initial Creation.


More Definitions of Initial Creation

Initial Creation shall have the meaning ascribed to such term in Section 2.01 hereof.
Initial Creation means the first Creation of Shares pursuant to the provisions of Section 2.1.
Initial Creation means the initial creation of Shares pursuant to the provisions of Section 2.01 hereof. “LBMA” shall mean the London Bullion Market Association or its successor. “London Business Day” shall mean a day (other than a Saturday, Sunday or a public holiday in England) on which commercial banks generally and the over-the-counter markets in gold, as coordinated by the LBMA, are open for the transaction of business in London. “London Good Delivery Standards” shall have the meaning ascribed to the term in Section 1.1 of the Trust Agreement. “Order” shall have the meaning ascribed to it in Section 1 of the Authorized Participant Agreement. “Order Cutoff Time” shall have the meaning ascribed to the term in Section 1.1 of the Trust Agreement. “Order Date” shall have, (i) with respect to a Purchase Order, the meaning ascribed to the term in Section 2.3(a) of the Trust Agreement; and (ii) with respect to a Redemption Order, the meaning ascribed to the term in Section 2.6(a) of the Trust Agreement. “Person” shall mean any natural person or any limited liability company, corporation, partnership, joint venture, association, joint stock company, trust, unincorporated organization or other entity or government or any agency or political subdivision thereof. “Procedures” shall have the meaning ascribed to it in Section 1 of the Authorized Participant Agreement. “Prospectus” or “Prospectuses” means the current prospectus of the Trust included in its effective registration statement, as supplemented or amended from time to time. “Purchase Order” shall have the meaning ascribed to it in Section 1 of the Authorized Participant Agreement. “Redemption Order” shall have the meaning ascribed to it in Section 1 of the Authorized Participant Agreement. “Securities Act” means the Securities Act of 1933, as amended. “Shares” means Shares issued by the Trust pursuant to the provisions of the Trust Agreement. “Sponsor” shall mean Merk Investments LLC, a Delaware limited liability company, in its capacity as the sponsor of the Trust under the Trust Agreement, and any successor thereto in compliance with the provisions thereof. - 9 - “Sponsor Indemnified Party” shall have the meaning ascribed to such term in Sections 6.01.b of the Standard Terms. “Standard Terms” shall have the meaning ascribed to such term in Section 2 of the Authorized Participant Agreement. “Transaction Fee” means a fee of $500 to be paid by the Authorized Participant to the Trustee for each Purchase Order or Redemption ...

Related to Initial Creation

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • recreational craft means a ship of any type, with a hull length of 2.5 metres or more, regardless of the means of propulsion, intended for sports or leisure purposes, and not engaged in trade;

  • Creation Unit means an aggregation of a specified number of Shares as stated in the Prospectus for the applicable Fund.

  • Creation means the process that begins when an Authorized Participant first indicates to the Trustee its intention to purchase one or more Baskets of a specified Trust pursuant to these Procedures and concludes with the issuance by the Trustee and Delivery to such Authorized Participant of the corresponding number of that Trust’s Shares.

  • Creation Basket means 100,000 Units, or such other number of Units as may be determined by the General Partner from time to time, purchased by a Participant.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Recreational facility means any enclosed, indoor area used by the general public and used as a

  • Recreational vehicle means a vehicle which is:

  • Project Coordination Unit or “PCU” means the unit referred to in Section II (1) of Schedule 4 to this Agreement;

  • Park model recreational vehicle means a unit that:

  • Recreational Facilities means spas, saunas, steam baths, swimming pools, exercise, entertainment, athletic, playground or other similar equipment and associated accessories.

  • Financing Coordination Fee means the fees payable to the Advisor pursuant to Section 10(e).

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • Recreational Fire means cooking fires or campfires using fire- wood which occur in designated areas on public lands, or on private property. Fires used for disposal ((purposes)) are not recreational fires.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Recreational Vehicle (RV means a vehicle, which is:

  • Development Contribution means the provision made by a developer under a planning agreement, being payment of a monetary contribution, the dedication of land, the carrying out of a work-in-kind, the provision of a material public benefit to be used for or applied towards a public purpose, or any combination of the above.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Recreation means an activity such as:

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Deep sedation means a drug-induced depression of consciousness during which patients cannot be easily aroused but respond purposefully following repeated or painful stimulation. The ability to independently maintain ventilatory function may be impaired. Patients may require assistance in maintaining a patent airway, and spontaneous ventilation may be inadequate. Cardiovascular function is usually maintained.

  • Project Management Unit and “PMU” each means the Recipient’s unit responsible for the implementation of its Respective Part of the Project referred to in Section I.A.2 of Schedule 2 to this Agreement.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • Initial Common Units means the Common Units sold in the Initial Offering.