Class X Shares definition

Class X Shares means Class X Shares in the Company as set forth in the relevant

Class X Shares means, collectively, the Class X Accumulation Shares (EUR), the Class X Income Shares (EUR), the Class X Accumulation Shares (GBP), the Class X Income Shares (GBP), the Class X Accumulation Shares (USD), and the Class X Income Shares (USD);

Class X Shares means Shares of any Class X Share Class;

Examples of Class X Shares in a sentence

• The fee payable to each Distributor hereunder is intended to compensate each Distributor for services provided and expenses incurred by it relating to the offering of the New Class X Shares.

• Such payments may be paid by each Distributor to Dealers at a rate of up to .50% on an annual basis of the average net asset value for New Class X Shares that have been outstanding for at least seven years (and any New Class X Shares purchased through the reinvestment of dividends or capital gains) as determined at the close of each business day.

• Each Distributor will be deemed to have earned its Allocable Portion of the portion of the distribution and service fee with respect to services provided by Dealers in connection with sales of New Class X Shares, i.e., 0.75%, (the “Distribution Fee”) taken into account in determining such Distributor’s Allocable Portion on the settlement of each sale of a New Class X Share (the Allocable Portion of the Distribution Fee thereafter arising from each such sale, the “Earned Distribution Fee”).

• Expenses may include, without limitation, payments by each Distributor to dealers, brokers, banks and other financial institutions (“Dealers”) with respect to services provided in connection with sales of New Class X Shares and for maintaining and improving services provided to holders of New Class X shares, all as set forth in the Fund’s registration statement as in effect from time to time.

• This Plan may be terminated as to New Class X Shares of the Fund at any time by vote of the Board of Directors, including a majority of the Qualified Directors, or by shareholder vote in accordance with the Investment Company Act.

More Definitions of Class X Shares

Class X Shares means Class X Shares, which are comprised of Class X EUR Shares and Class X USD Shares;

Class X Shares means Class X Shares in the Company as set forth in the relevant Supplement relating to each Fund;

Class X Shares means Shares that have been designated to accommodate an alternative charging structure whereby instead of an annual management fee charged to the Fund, the Shareholder is invoiced directly by the ACD as set out in the agreement between the ACD and each Eligible Shareholder.

Class X Shares means participating shares in a Fund, issued as Class I Shares and denominated in US Dollars or Great Britain Pounds oror Canadian Dollars or European Euro. means participating shares in a Fund, issued as Class X Shares and denominated in US Dollars or Great Britain Pounds oror Canadian Dollars or European Euro issued to investors who have in place an agreement with the Investment Manager in relation to the collection of an investment management fee or similar fee arrangement, which is not payable from the Net Asset Value of the Fund.

Class X Shares means the Class X USD Distributing, Class X USD Non-distributing,

Class X Shares means a participating share of no par value in the capital of the Fund which has been designated as a Euro class and which will distribute its income.INTRODUCTION

Class X Shares means the Class X Shares of IMSI.