Common use of Distributed Clause in Contracts

Distributed. The profit generated by the respective sub-fund or unit class which is subject to a profit utilisation of the type "DISTR" pursuant to Appendix A "Overview of the sub-fund" shall be distributed on an annual basis. If distributions are performed, these shall be performed within 4 months of the end of the financial year. Up to 10 % of the net profit of the fund may be carried forward to the new account. Realised capital gains arising out of the alienation of tangible assets and rights shall be retained for reinvestment by the Management Company. Distributions shall be paid out on the units which 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 respective sub-fund funds or unit class which classes that is subject to a profit utilisation of the type "DISTRdistrib- uted" pursuant to Appendix A "Overview of the sub-fund" shall essentially be distributed on an annual basis. If distributions are performed, these shall be performed within 4 months The Man- agement Company may decide at its own discretion about the level of the end of the financial yeardistribution. Up to 10 % A portion of the net profit of the sub-fund or unit class of the Fund may be carried forward to the new account. Realised capital gains arising out of the alienation of tangible assets and rights shall be retained for reinvestment by the Management Company. Distributions shall be paid out on the units which 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 respective sub-fund or unit class which that is subject to a profit utilisation of the type "DISTRdistributed" pursuant to Appendix A "Overview of the sub-fund" shall essentially be distributed on an annual basis. If distributions are performed, these shall be performed within 4 months The Management Company may decide at its own discretion about the level of the end of the financial yeardistribution. Up to 10 % A portion of the net profit of the sub-fund or unit class may be carried forward to the new account. Realised capital gains arising out of the alienation of tangible assets and rights shall be retained for reinvestment by the Management Company. Distributions shall be paid out on the units which that have been issued on the distribution day. No interest shall be paid on declared distributions from the time of their due date onwards.