Class S definition

Class S designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.
Class S shares; Payden Small Cap Leaders Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payden Global Short Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payden Global Fixed Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; and Payden Emerging Markets Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:".
Class S shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:". The undersigned hereby certify that the Amendment set forth above has been duly adopted in accordance with the provisions of the Master Trust Agreement.

Examples of Class S in a sentence

  • The Certificates of each Class (other than the Class S and Class R Certificates) will be issuable in registered form only, in minimum denominations of authorized Certificate Balance or Notional Amount, as applicable, as described in the succeeding table, and multiples of $l in excess thereof (or such lesser amount if the Certificate Balance or Notional Amount, as applicable, is not a multiple of $1).

  • This Certificate is one of a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the “Certificates”) and representing an interest in the Class of Certificates specified on the face hereof equal to the quotient expressed as a percentage obtained by dividing the Denomination of this Certificate specified on the face hereof, by the aggregate initial Certificate Balance of the Class S Certificates.

  • The Class S Certificates shall be issued, maintained and transferred in minimum percentage interests of 10% of such Class S Certificates and in integral multiples of 1% in excess thereof.

  • Class S Shares shall be (i) offered at net asset value, (ii) offered only to certain categories of customers as approved from time to time by the Trustees and as set forth in the Prospectus, and (iii) may be subject to ongoing Service Fees and/or Distribution Fees approved from time to time by the Trustees and set forth in the Prospectus.

  • Class S Shares — shall mean those Shares designated as Class S Shares in the Fund’s organizing documents.


More Definitions of Class S

Class S on the face thereof, in the form of Exhibit A-28 hereto, and evidencing an undivided beneficial interest in the portion of the Grantor Trust consisting of the Excess Interest, the Excess Interest Distribution Account and the proceeds thereof.
Class S shares; Payden Global Short Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payden Global Fixed Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payden Emerging Markets Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payden Global Balanced Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; and EurOpportunity Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:". The undersigned hereby certify that the Amendment set forth above has been duly adopted in accordance with the provisions of the Master Trust Agreement.
Class S. Class R-I," "Class R-II", "Class R-III" and "Class R-EA" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.
Class S and "Class I" shares; the Payden & Rygel Investment Quality Bond Fund, which shall consist of three classes of shares designated as "Class R", "Class S" and "Class I" shares; the Payden & Rygel Limited Maturity Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel Short Duration Tax Exempt Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel U.S. Treasury Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel Market Return Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel Growth & Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel Global Short Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel Total Return Fund, which shall consist of three classes of shares designated as "Class R", "Class S" and "Class I" shares; the Payden & Rygel International Equity Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel Global Balanced Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payden & Rygel European Growth & Income Fund, which shall consist of two classes of shares designated as
Class S designation on the face thereof, executed by the Issuer and authenticated by the Indenture Trustee substantially in the form of Exhibit A-3 attached to the Indenture.
Class S. Class T," "Class X," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.
Class S shares; Payden Core Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payden