Product Issuer definition
Examples of Product Issuer in a sentence
The charge is determined by the Underlying Fund Managers or Underlying Product Issuer or Underlying Commodity Dealer and may be varied from different Funds or Structured Products or Commodity.
For Underlying Fund and Underlying Product, this charge is deducted by the Fund Manager and Product Issuer directly from the Underlying Asset and is reflected in the relevant Unit prices so you are not required to separately pay this charge.
Please refer to the fact sheet of product information of each Fund or Structured Product or Commodity published by the Underlying Fund Managers, Underlying Product Issuer or Underlying Commodity Dealer or Metis for details.
The arrangements are as determined by the Manager or the Product Issuer.
The difference between the offer price and bid price in a Fund or Structured Product or Commodity is the bid-offer spread which is effectively a charge which you pay to the Underlying Fund Manager or Underlying Product Issuer or the Underlying Commodity Dealer, the spread will vary among different Funds and Structured Products and Commodity.
Orders (and monies) received after the specified cut-off time shall be deemed to be an Order received by IFHK on the next Dealing Day and shall only be placed with the relevant Manager or Product Issuer on the next Dealing Day.
If payment is not received within the time period specified by IFHK or where there is confirmation of insufficient funds in the Customer's bank account, the subscription may be cancelled forthwith or resold to the Manager or Product Issuer without any liability or responsibility on the part of IFHK, in which event the Customer shall be responsible for any Loss suffered by IFHK resulting from the failure by the Customer to make such payment.
The Customer acknowledges and agrees that IFHK shall bear no liability or responsibility whatsoever to the Customer for any error, misstatement or omission In any Prospectus or report or any other material prepared by or issued by any Manager, Fund, Product Issuer or willful action or omission, default, fraud or negligence by the Manager, Fund or Product Issuer.
The Order becomes irrevocable immediately after IFHK has executed the Transaction by placing an order with the relevant Manager or Product Issuer.
Upon the closing of a sublicense or other agreement between Issuer and a customer relating to the Product, Issuer shall promptly deliver or cause to be delivered to Licensor one or more stock certificates representing two million five hundred thousand (2,500,000) shares of Common Stock.