Examples of Class A Share in a sentence
Pursuant to the OP Agreement, the OP Units may be redeemed, at the request of the holder of such OP Units, for a determinable amount in cash or, at the option of the Issuer, Class A Shares at the rate of one Class A Share for each OP Unit redeemed.
Class A Shares retracted on a monthly Retraction Date receive a retraction price per Class A Share equal to 96% of the difference between the NAV per Unit and the cost to the Company of the purchase of a Preferred Share for cancellation.
For these purposes, the value of a Class A Share is the NAV per Unit less $10.00.
A contingent deferred sales charge (“CDSC”) of 1.00% will be charged on certain Class A Share purchases of $1 million or more that are redeemed in whole or in part within 12 months of the date of purchase.
Increase/(Decrease) in Net Assets Attributable to Holders of Class A Shares per Class A Share The increase/(decrease) in net assets attributable to holders of Class A shares per Class A share is calculated by dividing the increase/ (decrease) in net assets attributable to holders of Class A shares by the weighted average number of Class A shares outstanding during the year.