Common use of During the Initial Offer Clause in Contracts

During the Initial Offer. the Units shall be offered at Initial Price. The offer and issuance of Units during the Initial Period shall be conducted during the period specified in the Offering Document. During the Initial Period, Units shall not be redeemed. After the Initial Period, the Offer Price shall be calculated and announced by the Management Company on Subscription Days only and in accordance with the Regulations.

During the Initial Offer. the Units shall be offered at the Initial Offer Price. The offer and issuance of Units during the Initial Period Public Offering shall be conducted during the period specified in the Offering Document. During the Initial Period, Units shall not be redeemed. After the Initial Period, the Offer Price shall be calculated and announced by the Management Company on Subscription Days only and in accordance with the Regulations.