Valuation Currency definition

Valuation Currency means the currency specified by you in the Application Form for valuation of the Plan. Valuation Day in respect of an Asset, means each day which is a Hong Kong, Singapore business day and (if relevant) an Underlying Asset business day. Withdrawal means a withdrawal from the Plan which will decrease the Plan Value.
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Valuation Currency means the currency in which each Class of Shares is priced; and "Valuation Point" means the time at which the Net Asset Value per Share of the Fund
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Valuation Currency means the currency is which the Trust Plan Value is presented. Valuation Day in respect of an Asset, means each day which is a Hong Kong Business Day.
Sample 1

Examples of Valuation Currency in a sentence

  • The Investment Manager may use derivatives (for example, currency forwards, futures, options and swaps, or such other instruments as are permitted under Schedule II of this Prospectus) to hedge the rate of exchange between the currency of all or some of the currencies in which the assets of a Fund (including cash and income) are denominated and the Share Class Valuation Currency.

  • If any Asset is valued in a currency other than the Valuation Currency, its value will be converted into the Valuation Currency at the prevailing exchange rates (as determined by us in our sole and absolute discretion).

  • Share class hedging activity does not form part of the investment strategy of a Sub-fund but is designed to reduce exchange rate fluctuations between the currency of the hedged Share Class and the Valuation Currency of the Sub-fund.

  • You are advised to take due and careful consideration of those decisions and obtain the independent advice which you may consider necessary in entering into the Deed and making decisions under the Trust Plan.If any Asset is valued in a currency other than the Valuation Currency, its value will be converted into the Valuation Currency at the prevailing exchange rates (as determined by us in our sole and absolute discretion).

  • The Pool Aggregate Collateral Nominal Amount in respect of a Collateral Pool on a relevant date, is an amount, expressed in the currency specified in the applicable Final Terms (the "Collateral Valuation Currency"), equal to the aggregate nominal amount of the Static Collateral Assets held in the Collateral Account on the relevant date, as determined by the Collateral Agent.

  • The Valuation Currency of the Sub-Fund is the USD and the Net Asset Value will be calculated and subscriptions and redemptions will be made in the Valuation Currency of the relevant Class.

  • Shareholders who wish to receive dividend payments in a currency other than the Base Currency or Valuation Currency should arrange this with the ICSD (subject to this option being made available by the ICSD).

  • Any information or ICAV communications to Shareholders holding Shares in a settlement system, including voting or proxy materials, annual reports etc., will be transmitted to those settlement systems capable of receiving and processing such information for transmission to Shareholders.Dividends for Distributing Share Classes will be declared in the Valuation Currency of the relevant Share Class.

  • The Collateral Value is, in respect of a Collateral Pool and a Collateral Test Date, an amount, expressed in the Collateral Valuation Currency, equal to the sum of the Margin Value of each Eligible MTM Collateral Asset in such Collateral Pool on such Collateral Test Date, as determined by the Collateral Agent.

  • If no Valuation Currency is specified, the Contribution Currency will be used as the default Valuation Currency.

Related to Valuation Currency

  • Termination Currency means United States Dollars.

  • Obligation Currency shall have the meaning assigned to such term in Section 11.18(a).

  • Denomination Currency has the meaning specified in Section 14(b).

  • Fiat Currency means currency issued by the relevant body in a country or by a government that is designated as legal tender in its country of issuance through amongst other things, government decree, regulation, or law;

  • First Currency has the meaning specified in Section 1.15.

  • Settlement Currency means Pounds sterling ("GBP").

  • Other Currency has the meaning specified in Section 1.15.

  • Second Currency has the meaning specified in Section 14.19.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Approved Currency means each of Dollars and each Alternative Currency.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Optional Currency means a currency (other than the Base Currency) which complies with the conditions set out in Clause 4.3 (Conditions relating to Optional Currencies).

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Index Currency means USD.

  • Affected Currency has the meaning assigned to such term in Section 2.13.

  • Payment Currency has the meaning given in Clause 21.4;

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Judgment Currency has the meaning specified in Section 10.19.

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Eligible Currency means any currency other than Dollars (i) that is readily available, (ii) that is freely traded, (iii) in which deposits are customarily offered to banks in the London interbank market, (iv) that is convertible into Dollars in the international interbank market and (v) as to which a Dollar Equivalent Amount may be readily calculated. If, after the designation by the Revolving Credit Lenders of any currency as an Agreed Currency, (x) currency control or other exchange regulations are imposed in the country in which such currency is issued with the result that different types of such currency are introduced, (y) such currency is, in the reasonable determination of the Administrative Agent, no longer readily available or freely traded or (z) in the reasonable determination of the Administrative Agent, a Dollar Equivalent Amount of such currency is not readily calculable, the Administrative Agent shall promptly notify the Lenders and the Company, and such currency shall no longer be an Agreed Currency until such time as all of the Revolving Credit Lenders agree to reinstate such currency as an Agreed Currency and promptly, but in any event within five Business Days of receipt of such notice from the Administrative Agent, the Borrower shall repay all Loans in such affected currency or convert such Loans into Loans in Dollars or another Agreed Currency, subject to the other terms set forth in Article II.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;