Class L Shares definition

Class L Shares means Class L Shares in the Company as set forth in the relevant

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Class L Shares. For transfer agency services provided directly by Janus Services, Class L Shares of the Trust shall compensate Janus Services a fee, calculated and payable for each day that this Agreement is in effect, of 1/365 (or 1/366 in a leap year) of 0.12% of the daily closing net asset value of Class L Shares of each portfolio on assets sold directly to shareholders. To compensate Janus Services for its costs in engaging Intermediaries, Class L Shares shall compensate Janus Services in the amount of 1/365 (or 1/366 in an leap year) of 0.25% of the daily closing net asset value of Class L Shares of each portfolio on assets sold through Intermediaries.

Class L Shares means shares of Company’s Class L common stock, par value $0.001 per share.

Examples of Class L Shares in a sentence

The Portfolio contains two classes of Shares: the Class I Shares and the Class L Shares.
The Subscriber hereby agrees that if the Company seeks shareholder approval of a proposed Business Combination, then in connection with such proposed Business Combination, the Subscriber shall vote any Class L Shares and Class A Shares owned by it in favor of any proposed Business Combination.
The Company's Common Stock, $.001 par value (the "Shares") has been classified into fourteen different classes of Common Stock: the "Class A Shares", the "Class B Shares", the "Class C Shares", the "Class D Shares", the "Class E Shares", the "Class F Shares", the "Class G Shares", the "Class H Shares", the "Class I Shares", the "Class J Shares", the "Class K Shares", the "Class L Shares", the "Class M Shares, and the "Class N Shares", respectively.
All purchased Class L Shares (whether newly purchased for cash or through the Rollover) to be fully vested with no repurchase rights.
JIF desires the Distributor to act as the underwriter for the public offering of the Class D Shares, Class L Shares, Class T Shares, Class A Shares, Class C Shares, Class N Shares, Class R Shares, Class S Shares and Class I Shares of beneficial interest (collectively, “Shares”) of each of JIF’s portfolios offering such Shares, whether now existing or hereafter created (hereinafter each called a “Fund” and collectively the “Funds”).

More Definitions of Class L Shares

Class L Shares means subject to the discretion of the Directors and to meeting the applicable

Class L Shares means Class L Shares in the Company as set forth in the relevant Supplement relating to each Fund;

Class L Shares means the voting Class L Shares, par value $0.001 per share, of the Company.

Class L Shares means the existing Class L shares in the capital of the Fund, issuable in series;

Class L Shares means Shares designated as “L” ordinary shares, the rights of which are set out in Annexure “A”, and the holders of which shall have their details reflected in the Securities Register;

Class L Shares means Class L Shares in the capital of BEST Discoveries.

Class L Shares means the shares of beneficial interest of the Fund that have been established and designated by the Trust’s Board of Trustees as the Class L Shares.