Reinvestment of Distributions. Upon authorization of the Manager, each Member shall be permitted to reinvest Distributions for the purchase of additional Units, subject to the determination by the Manager that, in the case of each such reinvestment, the Member has provided advance written notice to the Manager of its election to reinvest Distributions on such form and within such times as established by the Manager. Pursuant to a valid election, a Member may elect to receive a portion of Distributions from the LLC in cash and the remainder reinvested. If no election is made, then the Distribution will be a cash distribution. In the event a Member is permitted to reinvest Distributions, such reinvestment shall be at the purchase price of $1.00 per Unit, unless changed by the Manager in good faith and with prior notice to the Members. No transaction fees shall be charged to a Member who elects to reinvest and the election to reinvest shall apply both to Units held at the time of the election and Units subsequently acquired pursuant to reinvestment. To terminate an election to reinvest, a Member must notify the Manager in writing of its termination on such form as established by the Manager and such revocation will be effective for distributions related to the first month following the month in which the revocation notice is received, which are paid, if at all, in the second month following the month in which the revocation notice is received. The Manager, in its sole and absolute discretion, may terminate reinvestment of Distributions. If, in the opinion of the Manager, the reinvestment of distributions by an ERISA Member equal or exceed or would, after giving effect to the admission of any ERISA Member(s), equal or exceed twenty-five percent (25%) of the aggregate Capital Contributions of (or the value of any other interests of or the Units held by), as applicable, of all Members, then the Manager shall not permit such Member to reinvest distributions.
Reinvestment of Distributions. All dividends or other distributions on Shares held in the Account shall be reinvested at net asset value in additional Shares of the same Fund from which the distribution was made. If given an election of receiving a distribution in additional Shares or in cash, the Custodian shall elect to receive such distributions in Shares. If the distribution is received after Participant no longer owns distributing Fund Shares in the Account, the distribution will be paid in cash. 4.
Reinvestment of Distributions. The Partnership maintains a Distribution Reinvestment Plan ("Plan") under which distributions of income of the Partnership may be reinvested for the purchase of additional Units, rather than being received in cash. See Prospectus at page 63. So long as the Investor meets the suitability standards established by the Partnership and by the securities law administrator of the state in which the Investor is domiciled, and subject to possible suspension or termination of the Plan by the General Partner, as set forth in the Limited Partnership Agreement, the Investor will continue to participate in the Plan if it elects option A, below. Option B, below, will constitute an election not to participate in the Plan. The Investor may change his election at any time by written notice to the Partnership. Please choose one or the other of the two options by a check xxxx in the appropriate blank. If you check neither blank, you will be considered to have elected to receive your distributions in cash (Option B).
Reinvestment of Distributions. Global Express Fund maintains a Distribution Reinvestment Plan (the "Plan") under which distributions of income of Global Express Fund may be reinvested for the purchase of additional Units rather than being received in cash. See Prospectus, under "Summary of Operating Agreement--Distribution Reinvestment Plan." So long as the undersigned investor meets the suitability standards established by Global Express Fund and by the securities law administrator of the state in which the undersigned investor is domiciled, and subject to possible suspension or termination of the Plan by the Manager of Global Express Fund, as set forth in the Operating Agreement, the undersigned investor will continue to participate in the Plan. The undersigned investor may change his election at any time by written notice to Global Express Fund. Please choose one or the other of the two options by a check mark in the appropriate blank. If you check neither blank, you will be considered to have elected to receive your distributions in cash (Option B). PLEASE PLACE YOUR INITIALS NEXT TO THE APPROPRIATE ITEM: ____ ____ A. The undersigned investor elects to participate in the Plan and receive additional Units rather than cash as distributions of net income from Global Express Fund. ____ ____ B. The undersigned investor elects not to participate in the Plan and to receive distributions of net income in cash from Global Express Fund.
Reinvestment of Distributions. The Declaration of Trust is hereby amended as of the date hereof by deleting Section 5.5 thereof in its entirety and replacing it with the following:
Reinvestment of Distributions. (a) Subject to receipt of all regulatory approvals, the Trust will make available to Unitholders the opportunity to reinvest distributions from the Trust in additional Units by participating in a distribution reinvestment plan (the "Plan"). Upon a Unitholder electing to be enrolled in the Plan, all distributions from the Trust will automatically be reinvested on such Unitholder's behalf pursuant to the Plan until such Unitholder terminates his enrolment in the Plan or the Trust terminates the Plan.
Reinvestment of Distributions. (a) Nonmanaging Members may elect, in lieu of receiving distributions pursuant to Section 5.1 up to and including the Final Closing Date, to cause such distributions to be invested in the Fund (such distributions, together with interest thereon (if any) pursuant to this Section 5.5, are referred to herein as the Reinvestment Distributions ), by completing and signing the certificate (the Reinvestment Certificate ) attached hereto as Schedule B and returning it to the Managing Member concurrently with its execution hereof.
Reinvestment of Distributions. The Company maintains a Distribution Reinvestment Plan ("Plan") under which distributions of income of the Company may be reinvested for the purchase of additional Units, at a price of $10.00 per Unit, rather than being received in cash. See Prospectus at page __. So long as the Investor meets the suitability standards established by the Company and by the securities law administrator of the state in which the Investor is domiciled, and subject to possible suspension or termination of the Plan by the Manager, as set forth in the Operating Agreement, the Investor will continue to participate in the Plan if it elects option A below. Option B below will constitute an election not to participate in the Plan. The Investor may change his election at any time by written notice to the Company. Please choose one or the other of the two options by your initials in the appropriate blank. If you initial neither blank, you will be considered to have elected to receive your distributions in cash (Option B).
Reinvestment of Distributions. Each Limited Partner may provide the General Partner with written notice in a form acceptable to the General Partner (a “DRIP Election”) that such Limited Partner elects to participate in the reinvestment program of cash distributions (including, if applicable, any Class B Distributions or Class C Distributions) received with respect to all or any portion of its Partnership Interests (the “DRIP”), and the reinvestment of such Limited Partner’s cash distributions will be effective no sooner than the first calendar quarter that follows the date on which receipt of such DRIP Election was acknowledged by the General Partner. A DRIP Election shall become effective ninety (90) days after the receipt of such DRIP Election unless such ninety (90)-day period is waived by the General Partner in its sole discretion. The following provisions shall apply to any participations in the DRIP:
Reinvestment of Distributions
