Examples of IPO Period in a sentence
After the IPO Period all Unit Holders are eligible to redeem the said Units (without any Bank End & Contingent load during the Subscription Period.
During Pre-IPO & IPO Period, the Units shall be issued at the Initial Price of Rs. 100 per Unit to the unit-holders.
Redemption is not allowed during the Pre-IPO & IPO Period, however after the end of IPO Period, the Units shall be redeemable with applicable Exit Charges as defined in Annexure ‘B’ of the Offering Document of the Fund.
It shall offer Units on a continuous basis during and after the -Pre-IPO & IPO Period; however, term-based plans, may be offered for a limited subscription period.
The remuneration shall begin to accrue following the expiry of the IPO Period.
The closing of the transaction contemplated hereby ("CLOSING") shall take place at the offices of Buyer's attorney on a date (the "CLOSING DATE") to be specified by written notice from Buyer to Seller, such date to be not later than ten (10) business days following the expiration of the IPO Period.
The remuneration shall begin to accrue from the business day after the end of the IPO Period.
Failure of Buyer to consummate the IPO within the IPO Period shall, without further action of either party, constitute termination of this Agreement, whereupon neither party shall have any further rights or obligations hereunder, except for rights and obligations which are expressly provided in this Agreement to survive such termination.
Furthermore, the units shall not be redeemable and/or reallocated during the book closure of the Fund.Redemption Application Procedure4.5.2.1 Request for Redemption of Units of Allocation Plan(s) under the Fund shall be made after the close of the IPO Period by completing the prescribed redemption form and the same is received at the Authorized Branch or office of the Distributor on a Dealing Day during the Business Hours as may be announced by the Management Company from time to time.
Subscription Period will commence from close of the IPO Period and would be offered from September 19, 2019 to September 20, 2019.