Retraction Date means the second last business day of a month.

Retraction Date has the meaning ascribed thereto in section 6.1(b) of these Share Provisions.

Retraction Date has the meaning provided in subsection 6.1 (b).

Examples of Retraction Date in a sentence

Class A shareholders who wish to exercise this retraction right must submit their written redemption request at least 90 days prior to the desired Retraction Date.
For the annual retractions of Class A shares and Preferred shares, the Fund receives notice at least 10 business days prior to the Retraction Date and has up to 10 business days after the Retraction Date to settle the retractions, which gives the Manager time to sell securities, although there may not be sufficient time to sell the securities at a reasonable price.
If no such Business Day is specified above, the Retraction Date shall be deemed to be the 15th Business Day after the date on which this notice is received by the Corporation.
Shareholders whose Preferred shares are retracted will be entitled to receive a price per share equal to 96% of the lesser of (i) the Net Asset Value per unit determined as of the relevant Retraction Date, less the cost to the Fund of the purchase of a Class A share for cancellation, and (ii) $10.00.
Holders of Class A shares whose Class A shares are surrendered for retraction will be entitled to receive a price per Class A share equal to 96% of the difference between (i) the Net Asset Value per unit determined as of the relevant Retraction Date and(ii) the cost to the Fund of the purchase of a Preferred share for cancellation.

More Definitions of Retraction Date

Retraction Date has the meaning ascribed thereto in Section 6.1(b) of these share provisions.

Retraction Date has the meaning provided in subsection 6.1(ii).

Retraction Date means the date that is three Business Days after the date on which the Corporation or the Transfer Agent receives a Retraction Request in respect of the Retracted Shares;

Retraction Date means May 31 of 1990, 1991, 1992, 1993, and 1994;

Retraction Date means the second last Business Day of a month, other than a month with an Annual Retraction Date.

Retraction Date has the meaning ascribed thereto in the Exchangeable Share Provisions.

Retraction Date means, (i) for Class A Shares, the last business day of each calendar quarter; and (ii) for Class A1 Shares, Class F Shares and Class N Shares, the last business day of each calendar month.