NAV Date definition

NAV Date means (unless otherwise provided in the Supplement for the relevant Fund) a day which is a Business Day.
Sample 1Sample 2Sample 3
NAV Date means the date on which the market value of all assets and liabilities of the Investment Fund is determined as the basis to calculate the NAV for that particular date. A specific NAV date is assigned to each Transaction in an Investment Fund.
Sample 1Sample 2Sample 3
NAV Date means the date on which the Net Asset Value and the Net Asset Value per Unit are calculated, currently the last calendar day of each month or such other date as the Manager may, acting in its absolute discretion, determine in accordance with this Trust Instrument;
Sample 1

Examples of NAV Date in a sentence

  • The NAV Date (as defined in the section entitled Issue of shares and subscription and payment procedures), Valuation Date and cut-off time for redemption orders are set out in the Fact Sheets.

  • The NAV Date (as defined in the section entitled Issue of shares and subscription and payment procedures), Valuation Date and cut-off time for conversion orders are set out in the Fact Sheets.

  • Any reference to the Valuation Date must be interpreted as any Bank Business Day during which the net asset value of the NAV Date is determine, and as specified in the Fact Sheets.

  • Investors may apply to subscribe for Shares of each Class on a NAV Date for processing on the next following Dealing Day.

  • If the request is not so withdrawn the redemption will be made on the NAV Date following the end of the suspension.Any Shareholder may be entitled to request the redemption in kind of its Shares to the Fund subject to the Fund’s prior consent.

  • Each share or unit in an open-ended undertaking for collective investment will be valued at the last available net asset value, whether estimated or final, which is dated for such unit or share on the same NAV Date, failing which, it shall be the last net asset value computed prior to the NAV Date.

  • Any Application Form received later than 13:00 (Luxembourg time) will be treated as an application for Shares for the next following NAV Date.

  • Ban on Late Trading and Market TimingLate Trading is defined as accepting an application for subscription, conversion, or redemption of shares after the time limit (as set out above) on the NAV Date in question and the performance of such requests based on the net asset value which applies on such a day.

  • Any reference to the NAV Date must be interpreted as any Bank Business Day on which the net asset value is dated, an as specified in the Fact Sheets.

  • Procedure The date of the net asset value ("NAV") ("NAV Date"), the Valuation Date and cut-off time for subscription orders are set out in the Fact Sheets.


More Definitions of NAV Date

NAV Date means the date on which the Net Asset Value and the Net Asset Value per Unit are calculated, currently the last calendar day of each month or such other date as the Manager may, acting in its absolute discretion, determine in accordance with this Trust Instrument. 20. The definition of "Transaction Charges will be re-worded to make certain clarificatory changes toits definition as follows:
Sample 1
NAV Date has the meaning assigned to such term in Section 5.12.
Sample 1
NAV Date means the date that BNYM receives from the Fund or its delegatee notification of the NAV to be used for processing Repurchase Orders in a particular Tender Offer.
Sample 1

Related to NAV Date

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Drop Dead Date has the meaning set forth in Section 9.01(b)(i).

  • Base Date means a date 30 day prior to the submission of tenders.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Cessation Date means the date of Participant’s Termination of Service (regardless of the reason for such termination).

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Restatement Date means the earlier to occur of (i) the date the Board, a committee of the Board or the officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (ii) the date a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.