class of Shares definition

class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

class of Shares refer to each class of Shares into which the Shares of any Multi-Class Series may from time to time be divided in accordance with the provisions of Article III.

class of Shares means each class of shares of beneficial interest of the Fund designated pursuant to the Declaration of Trust.

Examples of class of Shares in a sentence

• For the purposes of a separate class meeting, the Directors may treat two or more or all the classes of Shares as forming one class of Shares if the Directors consider that such class of Shares would be affected in the same way by the proposals under consideration, but in any other case shall treat them as separate classes of Shares.

• The Company may issue units of securities in the Company, which may be comprised of whole or fractional Shares, rights, options, warrants or convertible securities or securities of similar nature conferring the right upon the holders thereof to subscribe for, purchase or receive any class of Shares or other securities in the Company, upon such terms as the Directors may from time to time determine.

• The Company may issue rights, options, warrants or convertible securities or securities of similar nature conferring the right upon the holders thereof to subscribe for, purchase or receive any class of Shares or other securities in the Company on such terms as the Directors may from time to time determine.

• If a Clearing House (or its nominee(s)), being a corporation, is a Member, it may authorise such persons as it sees fit to act as its representative at any meeting of the Company or at any meeting of any class of Members provided that the authorisation shall specify the number and class of Shares in respect of which each such representative is so authorised.

• The Directors shall cause minutes to be made in books kept for the purpose of recording all appointments of Officers made by the Directors, all proceedings at meetings of the Company or the holders of any class of Shares and of the Directors, and of committees of the Directors, including the names of the Directors present at each meeting.

More Definitions of class of Shares

class of Shares shall refer to the division of Shares into two or more classes as provided in Article VI hereof.

class of Shares refers to the division of Shares into one or more classes as provided in Section 6.1.

class of Shares means a class of Shares within each Sub-Fund which may differ from other classes of Shares within the same or another Sub-Fund in respect of the type of investor, its distribution policy or such other features as the Directors may determine.

class of Shares means, with respect to any PPF, each class of shares of capital stock of the Fund designated in the Articles Supplementary with respect to such PPF.

class of Shares means shares having identical rights, privileges, limitations and conditions;

class of Shares means, as applicable, the Class A, Class B and Class L shares of beneficial interest of the Fund designated pursuant to the Trust's Amended and Restated Declaration of Trust dated as of September 28, 2001.

class of Shares refers to the division of Shares representing any Series into two or more Classes. The Trustees may, without Shareholder approval, divide the Shares of any Series into two or more Classes, with Shares of each such Class having such preferences and special or relative rights and privileges (including conversion rights, if any) as the Trustees may determine and as shall be set forth herein and/or in the Trust’s Plan adopted pursuant to Rule 18f-3 under the 1940 Act.