Units on Issue definition

Units on Issue means the number of Units created under the Deed and not cancelled—
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Units on Issue means the number of Units that have been issued less the number of Units which have been redeemed.
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Units on Issue means, in relation to a Fund, all Units of the Fund for the time being created and issued and in relation to all Funds, the aggregate of the Units on Issue for each Fund;
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Examples of Units on Issue in a sentence

  • Units on Issue Units on issue in the Fund at year end are set out below: 30 June 201930 June 2018 Number of unitsNumber of unitsUnits on issue2,752,5802,797,239 Options:The Fund issued 1,221,594 Unlisted Options on 28 February 2018.

  • Where any of the Assets are to be valued or the Net Asset Value of the Trust or a Class and the number of Units on Issue is to be determined, the valuation or determination is to be as at a time determined by the Trustee.Where the calculation of the Issue Price or Redemption Price is to be made as at a particular date, the Trustee need not cause a valuation of the Assets to be performed as at that date but may rely on reasonably current valuations for the purposes of that calculation.

  • Units on Issue Fees Paid To and Interests Held By the Responsible Entity The following fees were paid to the Responsible Entity out of Fund property during the financial year: Management feeExpense reimbursementsTotal Fees & Reimbursements Management fees are paid to the Responsible Entity to execute the investment strategy as outlined in the PDS dated 18 July 2013.

  • Cash Yield = Cash distributions post fees / Weighted Average Units on Issue throughout the period2.

  • Units on Issue Fees Paid To and Interests Held By the Responsible Entity The following fees were paid to the Responsible Entity out of Fund property during the financial period: Expense reimbursements relate to Fund costs that are paid for and reimbursed from the Fund by the Responsible Entity.

  • The number and amount of units on issue held for each unit class are listed below: Original Value of Units on Issue Unit ClassNumber of Units on Issue30 June 2020($)30 June 2019($)B78994,6201,944,620E185-798,062Total 994,620 2,742,682 The units within each sub-fund are of equal value and therefore carry equal rights.

  • Units on Issue Units on issue in the Fund at year end are set out below: 30 June 202230 June 2021 Number of unitsNumber of unitsUnits on issue29,351,61428,046,614 No options on issue at 30 June 2022 or 30 June 2021.Review and results of operations:During the year, the Fund continued to invest its funds in accordance with target asset allocations as set out in the governing documents of the Fund and in accordance with the provisions of the Fund’s Consitutions.

  • Subsequent5 and 10 equity raisings will be subject to the price being determined by the Fund Unit Pricing Policy, which is based on the Fund’s NTA plus unamortised transaction costs divided by the number of Units on Issue.

  • The redemption price is for each Unit is calculated as follows: Net Asset Value of the Investment Option – Transaction Costs Units on Issue in the Investment Option More information about Unit pricing is contained in section 6.3(b).

  • Net Asset Value Calculation as at 29 February 2020 Total Equity as per Statement of Financial Position $98,244,034 $98,244,034 Establishment costs still to be amortised over five years (16 months remaining) $321,114 - Direct property disposal costs amortised over five years -$100,233 - Net Asset Value $98,464,915 $98,244,034 Number of Units on Issue 80,717,747 80,717,747 Price per Unit $1.2199 $1.2171 The table above uses figures from the unaudited management accounts for the Fund as at 29 February 2020.


More Definitions of Units on Issue

Units on Issue means, in respect of the Trust or a Class, all Units created, issued and not cancelled. 1.2 Interpretation In this Deed, unless the context otherwise requires:
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Units on Issue. , in respect of a Fund, means all Units in that Fund for the time being created and issued and not cancelled but in relation to a particular day shall not include Units which are redeemed by the Trustee on that day; and fully paid Units on Issue shall have a corresponding meaning;
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Related to Units on Issue

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Capital Shares Equivalents means any securities, rights, or obligations that are convertible into or exchangeable for or give any right to subscribe for any Capital Shares of the Company or any warrants, options or other rights to subscribe for or purchase Capital Shares or any such convertible or exchangeable securities.

  • class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

  • Stock Payment means (a) a payment in the form of shares of Stock, or (b) an option or other right to purchase shares of Stock, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Stock-Based Award means any Award, denominated in Shares, made pursuant to this Plan, including Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Deferred Stock Units, Performance Awards or Other Stock-Based Awards.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Par Value means the face value of Rs. 100 for a Unit of the Fund.

  • Stock Appreciation Right Agreement means a written agreement between the Company and a holder of a Stock Appreciation Right evidencing the terms and conditions of a Stock Appreciation Right grant. Each Stock Appreciation Right Agreement will be subject to the terms and conditions of the Plan.

  • Equivalent Preferred Shares shall have the meaning set forth in Section 11(b) hereof.

  • Rights Dividend Declaration Date shall have the meaning set forth in the recitals to this Agreement.

  • Disqualified Stock Dividends means all dividends with respect to Disqualified Stock of the Company held by Persons other than a Wholly Owned Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income tax rate (expressed as a decimal number between 1 and 0) then applicable to the Company.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of the Company or any Restricted Subsidiary held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any dividend of this kind shall be equal to the quotient of the dividend divided by the difference between one and the maximum statutory consolidated federal, state and local income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of the Preferred Stock.

  • shares of Common Stock means (i) the class of stock designated as the Common Stock of the Company at the date of this Agreement, or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to paragraph (a) above, the Warrant Holders shall become entitled to purchase any securities of the Company other than shares of Common Stock, thereafter the number of such other securities so purchasable upon exercise of each Warrant and the Exercise Price of such securities shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in paragraphs (a) through (i), inclusive, above, and the provisions of Section 7 and Section 12.2 through 12.5, inclusive, with respect to the Warrant Shares, shall apply on like terms to any such other securities.

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

  • Preferred Stock Issuance means the issuance or sale by any Company of any Preferred Stock after the Closing Date.

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • Dividend Equivalent Rights means certain rights to receive cash payments as described in Section 3.5.

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.