Examples of Class IB in a sentence
Schedule A to the Agreement, setting forth the Portfolios of the Trust for which the Distributor is authorized to distribute Class IB shares is hereby replaced in its entirety by Schedule A attached hereto.
Bedding, haunching and initial backfill shall be either Class IB or Class II material.
Any person knowingly or intentionally possessing a firearm while in violation of subsection (1) of this section shall be punished by the next higher penalty classification than the penalty prescribed in subsection (2), (7), (8), (9), or (10) of this section, but in no event shall such person be punished by a penalty greater than a Class IB felony.
Appendix A to the Agreement, setting forth the Portfolios of the Trust for which the Distributor is authorized to distribute Class IB Shares, is hereby replaced in its entirety by Appendix A attached hereto.
Tanks containing Class IB and IC liquids shall be equipped with venting devices that are closed, except when venting under pressure or vacuum conditions, or with listed flame arresters.
Class IB liquids are flammable liquids that have a flash point < 73 deg F and a boiling point > 100 deg F.Class IC liquids are flammable liquids that have a flash point > 73 deg F, but < 100 deg F.Class II liquids are combustible liquids that have a flash point > 100 deg F, but < 140 deg F (60 deg C).
The aggregate net asset value of Class IA and Class IB Acquiring Fund Shares to be so credited to the Class IA and Class IB Acquired Fund Shareholders, respectively, shall, with respect to the class, be equal to the aggregate net asset value of the Acquired Fund Shares of the corresponding class owned by Acquired Fund Shareholders on the Closing Date.
The Distributor shall provide the Board of Directors and the Board of Directors, and, in particular, the Independent Directors, shall review, in the exercise of their fiduciary duties, at least quarterly, a written report of the amounts expended with respect to the Class IB shares of the Company by the Distributor under this Plan and the Principal Underwriting Agreement and the purposes for which such expenditures were made.
Certain of such payments by the Company may, under Rule 12b-1 (the "Rule") under the Investment Company Act of 1940, as amended (the "Act"), be deemed to constitute the financing of distribution by the Company of its Class IB shares.
The expenditures to be made by the Company pursuant to this Plan, and the basis upon which such expenditures will be made, shall be determined by the Company, and in no event shall such expenditures exceed 0.25% of the average daily net asset value of the Class IB shares of the Company (determined in accordance with the Company's prospectus as from time to time in effect) on an annual basis to cover distribution expenses.