Trust Business Day definition

Trust Business Day shall be deemed to be each day on which the New York Stock Exchange, Inc. is open for trading.
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Trust Business Day shall be deemed as is set forth in the Trust Prospectus.
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Trust Business Day means any day on which the NAV of Shares is determined as stated in the then current Prospectus.
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Examples of Trust Business Day in a sentence

  • Units received for redemption by the Trustee on any day after the Evaluation Time will be held by the Trustee until the next Trust Business Day and will be deemed to have been tendered on such day for redemption at the Redemption Price computed on that day.

  • Units received for redemption by the Trustee on any day after the Evaluation Time will be held by the Trustee until the next Trust Business Day and will be deemed to have been tendered on such day for redemption at the Redemption Price computed on that day.The portion of the Redemption Price which represents income shall be withdrawn from the Income Account to the extent available.

  • The Transfer Agent acknowledges that it has received a copy of the Trust's prospectus and statement of additional information, which prospectus and statement of additional information describe how sales and redemption of Shares of the Trust shall be made, and the Transfer Agent agrees to accept purchase orders and redemption requests with respect to Shares of the Trust on each Trust Business Day in accordance with such prospectus and statement of additional information.

  • Business Day the Transfer Agent shall furnish the Trust with an advice setting forth the number and dollar amount of Shares of each series of the Trust to be redeemed on such Trust Business Day in accordance with paragraph 2 of this Article.

  • In connection with a reinvestment of a dividend or distribution of Shares of the Trust, the Transfer Agent shall as of each Trust Business Day, as specified in a Certificate or resolution described in paragraph 1 of succeeding Article IV, issue Shares of the Trust based on the net asset value per Share of such Trust specified in an advice received from the Trust on such Trust Business Day.

  • In connection with a reinvestment of a dividend or distribution on Shares of the Trust, the Transfer Agent shall as of each Trust Business Day, as specified in a Certificate or resolution described in paragraph 1 of succeeding Article VI, issue Shares of the Trust based on the net asset value per Share of such Trust specified in an advice received from the Trust on such Trust Business Day.

  • This choice was predicated on the fact that The Guardian, Punch and The Nation are major (flagship) dailies in Nigeria.The UNDP guide to the Nigerian media (undated) lists the major print media outlets in Nigeria to include: The Guardian, ThisDay, Punch, Tribune, Vanguard, Daily Trust, Business Day, Champion, The Sun, Daily Independent, etc.

  • From the output of the decoders of the signals delivered from Customer's Premises to the Teleport, the TEN Programming signals are encrypted by the General Instrument MPEG-2 Digicipher II video compression system.

  • The Transfer Agent shall, as of each Trust Business Day specified in a Certificate or resolution described in paragraph 1 of succeeding Article V, record the issuance of Shares of a class, based on the net asset value per Share of such class specified in an advice or computer tape received from the Trust on such Trust Business Day, in connection with a reinvestment of a dividend or distribution on Shares of such class.

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Related to Trust Business Day

  • TARGET2 Business Day means, a day in which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System or any successor is open.

  • Payment Business Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in Stockholm and Frankfurt am Main and on which the Clearing System settles payments in the Issue Currency.

  • FX Business Day is any day when (a) Bank’s Foreign Exchange Department is conducting its normal business and (b) the Foreign Currency being purchased or sold by Borrower is available to Bank from the entity from which Bank shall buy or sell such Foreign Currency.

  • Bank Business Day means a day on which the Bank conducts business activities as per its effective opening hours, so when the Bank is open for the purpose of executing payment transactions.

  • Relevant Business Day means a day which is both an Underlying Business Day (i.e. an Exchange Business Day) and a Specified Venue Securities Business Day (i.e. any day on which the Specified Venue on which the Securities are listed is open for a regular trading session);

  • CSD Business Day means a day on which the Book-Entry Securities System is open in accordance with the regulations of the CSD.

  • PRC Business Day means a day (other than a Saturday, Sunday or public holiday) on which commercial banks are generally open for business in Beijing;

  • SOFR Business Day means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • New York Business Day means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in New York City are generally authorized or obligated by law or executive order to close.

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • RFR Business Day means as applicable, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to (i) Sterling, a day on which banks are open for general business in London and (ii) Euro, a TARGET Day.

  • Domestic Business Day means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close.

  • Fund Business Day means any day on which the NAV of Shares of each Fund is determined as stated in the then current Prospectus.

  • Euro Business Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET) System, or any successor system, is open for business.

  • USGS Business Day means any day except for a Saturday, Sunday or a day on which the Securities Industry and Financial Markets Association or any successor thereto (“SIFMA”) recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in U.S. government securities.

  • School business day means any calendar day except Saturdays, Sundays, and any federal and school holidays upon which the office of the Superintendent is open to the public for business. A school business day concludes or terminates upon the closure of the Superintendent’s office for the calendar day.

  • Banking Business Day means any day other than a Saturday or Sunday that is not a day on which banking institutions in The City of New York are authorized or required by law, regulation or executive order to close.

  • Index Business Day means, in respect of an Index, any day on which the Index Sponsor in respect of such Index is scheduled to publish the level of the Index.

  • TARGET Business Day means a day on which the TARGET System is operating.

  • Servicer Business Day means any day other than a Saturday, a Sunday or a day on which banking institutions in Raleigh, North Carolina, Charlotte, North Carolina or New York, New York are authorized or obligated by law, regulation or executive order to be closed, on which the Servicer maintains normal office hours and conducts business.

  • Exchange Business Day means any Scheduled Trading Day on which the Exchange and each Related Exchange are open for trading during their respective regular trading sessions, notwithstanding any such Exchange or Related Exchange closing prior to its Scheduled Closing Time.

  • Singapore Business Day means a day (except Saturdays, Sundays and public holidays) on which commercial banks are open for business in Singapore.

  • non-business day means Saturday, Sunday and any other day that is a holiday as defined in the Interpretation Act (Canada);

  • Valuation Business Day means, with respect to each Reference Currency, any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close (including for dealings in foreign exchange in accordance with the practice of the foreign exchange market) in the city or jurisdiction indicated in the table below:

  • London Business Day Any day on which dealings in deposits of United States dollars are transacted in the London interbank market.

  • Rebalance Business Day means any day which is a, Exchange Business Day and also a day on which commercial banks and foreign exchange markets settle payment in the country in which the relevant Reference Asset is admitted to trading or any other day designated as a Rebalance Business Day by the Issuer.