NAV Calculation Date definition

NAV Calculation Date means the last Business Day of each calendar month; “NAV Report Date” means two Business Days after each NAV Calculation Date;

NAV Calculation Date means the last calendar day of each calendar week provided that the Calculation Agent may in its sole discretion elect that the NAV Calculation Date shall mean any calendar day of each week by notifying the Issuer, the Trustee and the Noteholders in accordance with Condition 7 (Notices);

NAV Calculation Date means the last calendar day of each calendar week or any other calendar day that the Calculation Agent may, in its sole discretion, determine, provided that notice of such determination has been given to the Issuer, the Trustee and the Noteholders in accordance with Condition 7 (Notices);

Examples of NAV Calculation Date in a sentence

• The number of Shares purchased pursuant to this Offer is based on the number of Shares outstanding as of the NAV Calculation Date.

• The maximum adjustment of the net asset value in application of the swing pricing principle is 2.00%.The issue price of Fund units is to be paid no later than on the second business day following the NAV Calculation Date, to the Depositary, in favour of the Fund.Late tradingThe Management Company determines the price of the units on a forward basis.

• Redemption orders are to be submitted to the Management Company no later than 13:00 CET on the business day prior to the NAV Calculation Date, and will be processed on the NAV Calculation Date.

• It will be calculated on the basis of the latest market prices available at the end of the business day prior to the NAV Calculation Date (i.e. closing prices, or if they do not reflect a reasonable market value in the opinion of the Management Company, at the most recent and adequate prices available at the time of valuation), in accordance with the provisions outlined in Article 10, including, where applicable, the use of the swing pricing principle.

• If such continuation vote is not passed, the Directors will be required to formulate redemption proposals to be put to the Shareholders of that class offering to redeem their Ordinary Shares at the relevant published net asset value on the NAV Calculation Date immediately preceding such redemption (less the costs of all such redemptions).

More Definitions of NAV Calculation Date

NAV Calculation Date for this purpose shall mean the close of business on the latest practicable date prior to the date of the proposed issue or, at the discretion of the Directors, the close of business on the latest practicable date prior to the date of the announcement of such proposed issue or, if applicable and earlier, the date of any announcement of the intention to make such proposed issue. In calculating such Cover, the Directors shall where available:

NAV Calculation Date means the last Business Day of each calendar month;

NAV Calculation Date means each Business Day on which the Net Asset Value is calculated;

NAV Calculation Date means the fifteenth (15th) calendar day of each calendar month;

NAV Calculation Date means the last Business Day of each calendar week;

NAV Calculation Date means the last business day of each calendar month or such other date as the directors may, in their discretion, determine;

NAV Calculation Date. Means such dates as may be determined from time totime by the Directors in their absolute discretion.