Withdrawal Price means the price at which Units are redeemed. The method for determining the redemption price is described in the “Withdrawal Price” section of the relevant PDS.

Withdrawal Price shall have the meaning set forth in Section 5.02.

Withdrawal Price means, in respect of a Unit or Units in a Class, the amount determined by the Responsible Entity from time to time by subtracting the Disposal Expenses at that time from the Net Asset Value of the Scheme Assets at that time, dividing the resultant amount by the total number of Units on issue at that time. The Responsible Entity may calculate the Withdrawal Price to the number of decimal places that the Responsible Entity determines.

Examples of Withdrawal Price in a sentence

Buy/Sell Spread The difference between the Application Price and Withdrawal Price of units in the Fund, which reflects the estimated transaction costs associated with buying or selling the assets of the Fund, when investors invest in or withdraw from the Fund.
The Withdrawal Price on a Business Day, is in general terms, equal to the NAV of the Units, divided by the number of Units on issue and adjusted for transaction costs (“Sell Spread”).
The Withdrawal Price will vary as the market value of assets in the Fund rises or falls.
Buy/Sell Spread The difference between the Application Price and Withdrawal Price of units in the Fund, which reflects the estimated transactions costs associated with buying and selling the assets of the Fund, when investors invest in or withdraw from the Fund.
Upon termination and after conversion of the assets of the Fund into cash and payment of, or provision for, all costs, expenses and liabilities (actual and anticipated), the net proceeds will be distributed pro-rata among all investors according to the aggregate of the Withdrawal Price for each of the units they hold in the Fund.

More Definitions of Withdrawal Price

Withdrawal Price means in respect of a Portfolio the withdrawal price determined under clause 10.10;

Withdrawal Price means the price at which Units in the Fund are redeemed, determined in accordance with clause 8.6.

Withdrawal Price has the meaning assigned to such term in Section 6.03(b).

Withdrawal Price means in relation to a Unit the value of the Unit determined under Rule 4.13;

Withdrawal Price means, in respect of any Fund and any Valuation Day, the Unit Value determined for that Valuation Day, minus any applicable Spread.

Withdrawal Price the balance of the withdrawing Member's Capital Account (or the portion of such Capital Account attributable to the portion of such Member's Interest being withdrawn) as of the effective date of the withdrawal, after adjustment for the Incentive Allocation, the Modified Incentive Allocation and Additional Incentive Allocation accrued through such date, if any.

Withdrawal Price has the meaning set forth in Section 8.02(d) of this Agreement.