Common use of Distributed Clause in Contracts

Distributed. The profit generated by the UCITS or unit classes that is subject to a profit utilisation of the type "DISTR" pursuant to Appendix A "Overview of the Fund" shall be distributed on an annual basis. The Management Company may decide at its own discretion about the level of the distribution.

Distributed. The profit generated by the UCITS or unit classes that is subject to a profit utilisation of the type "DISTR" pursuant to Appendix A "Overview of the Fund" shall be distributed on an annual basis. The Management Company may decide at its own discretion about the level of the distribution. A part of the net profit of the UCITS may be carried forward to the new account. Distributions shall be paid out on the units that have been issued on the distribution day. No interest shall be paid on declared distributions from the time of their due date onwards.

Distributed. The profit generated by the UCITS or unit classes that is are subject to a profit utilisation of the type "DISTR" pursuant to Appendix A "Overview of the Fund" shall be distributed on an annual basis. The Management Company may decide at its own discretion about the level of the distribution. A part of the net profit of the UCITS may be carried forward to the new account. Distributions will be paid out on the units that have been issued on the distribution day. No interest will be paid on declared distributions from the time of their due date onwards.

Distributed. The profit generated by the UCITS or unit classes that is are subject to a profit utilisation of the type "DISTR" pursuant to Appendix A "Overview of the Fund" shall be distributed on an annual basis. The Management Company may decide at its own discretion about the level of the distribution.