Operating Currency definition

Operating Currency means United States dollars, the operating currency of the Trust Fund.

Examples of Operating Currency in a sentence

  • If the total actual expenses described below exceeds the total of Operating, Administrative and Services Expenses and the Operating Currency Hedged Share Class Fee set for each sub-fund and Share class, the excess of such expenses above such annual percentage will be borne directly by the Management Company or its affiliates, and equally the Management Company or its affiliates may retain any surplus.

  • If the total actual expenses described below exceeds the total of Operating, Administrative and Services Expenses and the Operating Currency Hedging Fee set for each sub-fund and Share class, the excess of such expenses above such annual percentage will be borne directly by the Management Company or its affiliates, and equally the Management Company or its affiliates may retain any surplus.

  • If any application is not accepted in whole or in part, the application monies or (where an application is accepted in part only) the balance thereof will be returned (without interest) in the applicable Operating Currency by telegraphic transfer to the originating account at the expense of the applicant.

  • Management Fee1.50% p.a.Operating,Administrative and Servicing Expenses0.35% p.a. The maximum rate for (i) the Operating, Administrative andServicing Expenses and (ii) Operating Currency Hedged Share Class Fee is set at 1% of the net asset value of the relevant Share Class in the Sub-Fund.

  • This raises questions about capacity within Eritrea to re-envisage the future, and counters some of the scenarios devised by either profit-driven entrepreneurs or the political diaspora with its own not necessarily democratic agenda.

  • Management Fee0.80% p.a.Operating,Administrative and Servicing Expenses0.20% p.a. The maximum rate for (i) the Operating, Administrative andServicing Expenses and (ii) Operating Currency Hedged Share Class Fee is set at 1% of the net asset value of the relevant Share Class in the Sub-Fund.

  • Operating Currency RiskTechnip considers that the greatest exposure to currency risk faced by the Group is that arising from its operational activities.

  • Such fee is accrued daily and payable monthly in arrears.4. Operating, Administrative and Servicing Expenses / Operating Currency Hedging Fees (continued)No Operating, Administrative and Servicing Expenses will be charged to Class W Shares.

  • Operating, Administrative and Servicing Expenses / Operating Currency Hedging FeesThe Company pays to the Management Company a fee to cover certain Operating, Administrative and Servicing Expenses.

  • Management Fee1.25% p.a.Operating, Administrative andServicing Expenses0.25% p.a. The maximum rate for (i) the Operating, Administrative and Servicing Expenses and (ii) Operating Currency Hedged Share Class Fee isset at 1% of the net asset value of the relevant Share Class in the Sub-Fund.

Related to Operating Currency

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Balance Currency means the currency that the trading account is denominated in and all charges including spreads, commissions and swaps, are calculated in that currency.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Index Currency means USD.

  • Foreign Currency means any currency other than the currency of Kenya;

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.