Redemption and Repurchase of Shares. From time to time the Fund may redeem or repurchase its Shares, all upon such terms and conditions as may be determined by the Trustees and subject to any applicable provisions of the 1940 Act or any exemption therefrom. The Fund may require Shareholders to pay a withdrawal charge, a sales charge, or any other form of charge to the Fund, to the underwriter or to any other person designated by the Trustees upon redemption or repurchase of Shares in such amount as shall be determined from time to time by the Trustees. The Fund may also charge a redemption or repurchase fee in such amount as may be determined from time to time by the Trustees. The Fund shall repurchase or redeem the Shares upon the appropriately verified written application of the record holder thereof (or upon such other form of request as the Trustees may determine) at such office or agency as may be designated from time to time for that purpose by the Fund. The Trustees may from time to time specify additional conditions, not inconsistent with the 1940 Act or any exemption therefrom, regarding the redemption or repurchase of Shares in the Fund.
Appears in 4 contracts
Samples: Agreement and Declaration (Sound Point Alternative Income Fund), Agreement and Declaration (Voya Enhanced Securitized Income Fund), Agreement and Declaration of Trust (South Point Floating Rate Income Fund)
