Distribution Plan. (a) As used herein, the term “12b-1 Fee” refers to a charge against Fund Class A Share assets, as authorized under the Distribution Plan, to finance distribution and related services of Class A Shares, as described in the Distribution Plan.
Distribution Plan. A. The provisions set forth in this paragraph 8 (hereinafter referred to as the "Plan") have been adopted pursuant to Rule 12b-1 under the Act by the Trust, having been approved by a majority of the Trust's Board of Trustees, including a majority of the Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan (the "non-interested Trustees"), cast in person at a meeting called for the purpose of voting on such Plan. The Board of Trustees concluded that the rate of compensation to be paid to the Manager by the Fund was fair and not excessive, but that due solely to the uncertainty that may exist from time to time with respect to whether payments made by the Fund to the Manager or to other firms may nevertheless be deemed to constitute distribution expenses, it was determined that adoption of the Plan would be prudent and in the best interests of the Fund. The Trustees' approval included a determination that in the exercise of their reasonable business judgment and in light of their fiduciary duties, there is a reasonable likelihood that the Plan will benefit the Fund and its shareholders or policyholders investing in the Fund.
Distribution Plan. (a) Pursuant to a Distribution Plan adopted by the Fund, the Fund agrees to make monthly payments to the Distributor in an amount computed at an annual rate of .25 of 1% of the Fund's average daily net assets, to finance activities undertaken by the Distributor for the purpose of distributing the Fund's shares to investors. The Distributor is obligated to and hereby agrees to use the entire amount of said fee to finance the following distribution-related activities:
Distribution Plan. 82. Subject to the terms and conditions of this Agreement, the Settlement Fund shall be used for the payment of: (a) the Administration Expenses; (b) the Settlement Shares to Settlement Class Members; (c) the distribution of the Residual Funds (the term “Residual Funds” is defined below), if any, pursuant to this Agreement; (d) any Service Awards to the Plaintiffs as approved by the Court; (e) any Fee and Expense Award as approved by the Court; and (f) any Taxes. The Parties must approve any payment of costs or expenses under subsection (a) of this paragraph, and such approval shall not be unreasonably withheld.
Distribution Plan. (a) The Funds have adopted Distribution Plans pursuant to Rule 12b-1 of the 1940 Act (the “Plans”). Under the terms of the Plans, we receive compensation for distribution and shareholder services relating to the Funds, and we are permitted to pay all or a portion of such compensation to entities that engage in or support the distribution of Shares or servicing of shareholders. You are eligible to receive such distribution and shareholder compensation to the extent described in, and subject to the terms and conditions set forth in, the applicable Fund’s then current Prospectus. To the extent you provide or arrange to provide such services as contemplated in this Section 4, you represent and warrant that you will comply with the terms and conditions set forth in the appropriate Plan and the then current Prospectus of the appropriate Fund for receiving such payments.
Distribution Plan. The plan for distributing the Settlement Fund pursuant to Section 3 of this Settlement Agreement.
Distribution Plan. In so far those portions of this Agreement regarding the provision of Special Services could be construed to constitute a part of a distribution plan, as required by Rule 12b-1 (in respect of any distribution plan):
Distribution Plan. A. The provisions set forth in this paragraph 16 (hereinafter referred to as the "Plan") have been adopted pursuant to Rule 12b-1 under the 1940 Act by the Fund, having been approved by a majority of the Managing General Partners who are not interested persons of the Fund and who have no direct or indirect financial interest in the operation of the Plan (the "non-interested Managing General Partners"), cast in person at a meeting called for the purpose of voting on such Plan. The Managing General Partners concluded that the compensation to be paid to the Manager of the Fund was fair and not excessive, and that due solely to the uncertainty that may exist from time to time with respect to whether payments to be made by the Fund or the Manager to other firms may be deemed to constitute distribution expenses, it was determined that adoption of the Plan would be prudent and in the best interests of the Fund and its shareholders. The Managing General Partners' approval included a determination that in the exercise of their reasonable business judgment and in light of their fiduciary duties, there is a reasonable likelihood that the Plan will benefit the Fund and its shareholders. The Plan has also been approved by a vote of at least a majority of the Fund's outstanding voting securities.
Distribution Plan. 7 1. The funds to be made available from the Class Settlement Fund for payment 8 to the Class Members (the “Class Settlement Amount”) shall equal the amount of the Class 9 Settlement Fund, less the Initial Additional Payment, the Administration Costs, the Service 10 Payments, and the Attorneys’ Fees and Costs.
Distribution Plan. Please xxxx the appropriate selection below regarding the designated nonprofit organization that will be the beneficiary of the Gift Fund proceeds upon liquidation. Generally the beneficiary will be a charitable gift fund at the Foundation. □ Proceeds transferred to , an existing gift fund at the Foundation. □ Proceeds transferred to the Foundation to establish a new gift fund (e.g. scholarship, field of interest, designated fund) as follows: A separate fund agreement will be executed to establish the new gift fund □ Proceeds transferred to the Foundation’s general operating fund or existing grantmaking fund for use at the Board’s discretion. □ Other distribution plan (e.g. establish a 509(a)(3) supporting organization of the Foundation): Please provide any additional comments below that would help the Foundation better understand the general purpose of the Gift Fund and the philanthropic expectations of the donor:
