Fund Business Day definition

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

Fund Business Day means each day on which the New York Stock Exchange, Inc. is open for trading.

Fund Business Day with respect to a Fund Share means each day on which the NAV of the relevant Fund Share is determined and published (or made available) according to the relevant Memorandum.

Examples of Fund Business Day in a sentence

• If this day is not a Fund Business Day the immediately succeeding Fund Business Day is deemed to be the Fixing Date.

• For the purpose of this Sub-Fund, the Fund Business Day is defined as any full working day in Luxembourg when the banks are open for business, the New York Stock Exchange is open and when the markets on which the majority of the Sub-Fund’s portfolio is invested are open.

• The Dealing Day is the Fund Business Day preceding the Calculation Day.

• If the Calculation Agent determines that, subject as provided below, any Calculation Date on which a Fund Interest Price is to be determined is a Disrupted Day, then such Calculation Date shall be the first succeeding Fund Business Day that is not a Disrupted Day, unless each of the Fund Business Days falling in the Disrupted Period is a Disrupted Day.

• Fondsgeschäftstag / Fund Business Day: Der Fondsgeschäftstag steht für jeden Tag, an dem (i) der Administrator des Referenz-Teilfonds in Übereinstimmung mit den Gründungsdokumenten und dem Verkaufsprospekt des Referenz- Teilfonds den NAV für den Referenz-Teilfonds berechnet und veröffentlicht und (ii) ein Hypothetischer Investor in die Referenz- Teilfondsanteile des Referenz-Teilfonds die Referenz-Teilfondsanteile zeichnen und zurückgeben kann.

More Definitions of Fund Business Day

Fund Business Day means each day on which (i) the NAV of the Fund Share is determined and published (or made available) according to the Memorandum and (ii) subscription and redemption orders are effected by the Fund.

Fund Business Day shall be determined as set out in the Fund's prospectuses as shall be effective from time to time.

Fund Business Day means a day on which commercial banks and foreign exchange markets settle payments and are open for general business (including dealing in foreign exchange and foreign currency deposits) in the Applicable Fund Centres.

Fund Business Day shall be determined as set out in the Fund's prospectuses as shall be effective from time to time. 6. "Officer" shall be deemed to be the Fund's President, any Vice President, Secretary, Treasurer, Controller, any Assistant Controller, any Assistant Treasurer and any Assistant Secretary, and any other person duly authorized by the Board of Directors of the Fund to execute any Certificate, instruction, notice or other instrument on behalf of the Fund, and any person reasonably believed by the Transfer Agent to be such a person. 7. "Out-of-Pocket Expenses" means amounts reasonably necessary and actually incurred by Transfer Agent in the provision of Transfer Agent services or pursuant to this Agreement for the following purposes: postage (and first class mail insurance in connection with mailing Share certificates), envelopes, check forms, continuous forms, forms for reports and statements, stationery and other similar items, telephone and telegraph charges incurred in answering inquiries from dealers or shareholders, microfilm used to record transactions in shareholder accounts and computer tapes used for permanent storage of records and cost of insertion of materials in mailing envelopes by outside firms. Any charges associated with special or exception processing shall also be considered Out-of-Pocket Expenses. 8. "Prospectus" shall mean the most recent Fund prospectus actually received by the Transfer Agent from the Fund with respect to which the Fund has indicated a registration statement under the Securities Act of 1933, as amended, has become effective, including the Statement of Additional Information, incorporated by reference therein. 9. "Shares" shall mean all or any part of each class or series of the shares of beneficial interest of the Fund or portfolio listed in the Certificate as to which the Transfer Agent acts as transfer agent hereunder, as may be amended from time to time, which are authorized and/or issued by the Fund.

Fund Business Day means a day on which the NAV of the Fund Shares is determined and published according to the respective Memorandum and subscription and redemption orders can be received by the Fund.

Fund Business Day means each day on which the NAV of the Fund is usually determined and published (or made available) according to the Memorandum.

Fund Business Day means each day on which a Fund is open for trading as stated in such Fund’s Prospectus.