Transaction Levy definition

Transaction Levy means the transaction levy at the rate of 0.0027% of the Offer Price in respect of the Offer Shares imposed by the SFC;
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Transaction Levy means the levy payable pursuant to the provisions of section 394 of the Ordinance; "Transaction Register" means the log-b file resident in the Options Trading System which contains the records of all Options Contracts arising from the matching of orders in the Options Trading System; "underlying security" means the security comprised in the lot the subject of a Contract; "Unusual Market Condition" means in relation to any option class(es), any unusual trading activity or volume in such option class(es) or such other conditions as the Chief Executive may determine which deviate from the normal operation of such option class(es); "writer" has the same meaning as in the Standard Contract; and "Year 2000 Compliant" means that neither performance nor functionality of any system is affected by dates prior to, during and after the Year 2000. In particular : no value for current date will cause any interruption in operation; date-based functionality must behave consistently for dates prior to, during and after Year 2000; in all interfaces and data storage, the century in any date must be specified either explicitly or by unambiguous algorithms or inference rules; and Year 2000 must be recognized as a leap year.
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Transaction Levy. SFC transaction levy of 0.0027% of the Offer Price;
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Examples of Transaction Levy in a sentence

  • The Real Estate Transaction Levy Surcharge, the Civil Litigation Transaction Levy Surcharge, and the Claims History Levy Surcharge, shall be in accordance with Endorsement Nos.

  • The Joint Global Coordinators will, on behalf of the Company, arrange for the payment by the Nominee to the persons entitled thereto of the Trading Fee and the Transaction Levy payable by the Company in respect of the Accepted Hong Kong Public Offering Applications, such amounts to be paid out of the application monies received in respect of Hong Kong Public Offering Applications.

  • A narrower Currency Transaction Levy of 0.005% on global Euro transactions could yield an amount of US$ 13 billion annually (equivalent euro).

  • With effect from 1 January 2022, in respect of security transactions on the SEHK, a FRC Transaction Levy of 0.00015% (rounded to the nearest cent) is charged per side of the consideration of a transaction, and the amount is collected for the Financial Reporting Council (FRC).

  • Cattle Council proposes that with the exception of its core Political Advocacy function, all the other core functions of Cattle Council (Strategic Planning, Industry management & Strategic Policy) could be funded by diverting a portion of the Cattle Transaction Levy.

  • For the avoidance of doubt, the buyer and the seller shall each pay the Investor Compensation Levy in accordance with Rule 1103.1102.(a) Every Exchange Participant which operates a business of dealing in securities shall collect the Transaction Levy and the Investor Compensation Levy payable pursuant to Rules 1101 and 1101A from its clients, or shall be liable itself if it deals as principal.

  • The Sole Global Coordinator will, on behalf of the Company, arrange for the payment by the Nominee of the Trading Fee and the Transaction Levy payable by the Company in respect of the Accepted Hong Kong Public Offering Applications, such amounts to be paid out of the application monies received in respect of Hong Kong Public Offering Applications.

  • The SFC Transaction Levy payable shall be paid to the Exchange by the issuer and the Exchange shall pay such amount to the Commission in accordance with that section.

  • The Joint Global Coordinators will, for themselves and on behalf of the Hong Kong Underwriters, arrange for the payment by the Nominee on behalf of all successful applicants under the Hong Kong Public Offering to the persons entitled thereto of the Brokerage, the Trading Fee and the Transaction Levy in respect of the Accepted Hong Kong Public Offering Applications, such amounts to be paid out of the application monies received in respect of Hong Kong Public Offering Applications.

  • FRC Transaction Levy is calculated at 0.00015% per side of the consideration of a transaction.


More Definitions of Transaction Levy

Transaction Levy. SFC transaction levy per Share of 0.005% of the Offer Price;
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Transaction Levy means the transaction levy at the rate of 0.0027% of the Hong Kong Offer Price in respect of the Hong Kong Offer Shares, or 0.0027% of the International Offer Price in respect of the International Offer Shares (as the case may be), imposed by the SFC;
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Transaction Levy means the transaction levy at the rate of 0.0027% of the Offer Price in respect of the Offer Shares imposed by the SFC and the transaction levy at the rate of 0.00015% of the Offer Price in respect of the Offer Shares imposed by the FRC;
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Transaction Levy means the transaction levy at the rate of 0.0027% of the Offer Price imposed by the SFC;
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Transaction Levy means the transaction levy charged by the Hong Kong Stock Exchange on the Company and the subscribers for the Hong Kong Offer Shares;
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Related to Transaction Levy

  • Transaction Size means Lot Size multiplied by number of Lots.

  • Transaction Amount means the aggregate value of all of the issued and outstanding REIT Shares using a per share value equal to the per share value paid to the Stockholders in an Extraordinary Transaction. Transfer has the meaning set forth in Section 9.2(a) hereof. Value means, with respect to REIT Shares, the average of the daily market price of such REIT Share for the ten (10) consecutive trading days immediately preceding the date of such valuation. The market price for each such trading day shall be: (i) if the REIT Shares are Listed, the sale price, regular way, on such day, or if no such sale takes place on such day, the average of the closing bid and asked prices, regular way, on such day; (ii) if the REIT Shares are not Listed, the last reported sale price on such day or, if no sale takes place on such day, the average of the closing bid and asked prices on such day, as reported by a reliable quotation source designated by the General Partner; or (iii) if the REIT Shares are not Listed and no such last reported sale price or closing bid and asked prices are available, the average of the reported high bid and low asked prices on such day, as reported by a reliable quotation source designated by the General Partner, or if there shall be no bid and asked prices on such day, the average of the high bid and low asked prices, as so reported, on the most recent day (not more than ten (10) days prior to the date in question) for which prices have been so reported; provided that if there are no bid and asked prices reported during the ten (10) days prior to the date in question, the value of the REIT Shares shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate. In the event the REIT Shares Amount includes rights that a holder of REIT Shares would be entitled to receive, then the value of such rights shall be determined by the General Partner acting in good faith on the basis of such quotations and other information as it considers, in its reasonable judgment, appropriate.

  • Potential Co-Investment Transaction means any investment opportunity in which a Regulated Fund (or its Wholly-Owned Investment Sub) could not participate together with one or more Affiliated Funds and/or one or more other Regulated Funds without obtaining and relying on the Order.

  • Transaction means the transactions contemplated by the Transaction Documents.

  • Co-Investment Transaction means any transaction in which one or more Regulated Funds (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.