Examples of Class T Units in a sentence
For the purposes of the switch, we may waive in whole or in part the subscription fee for the new units and/or the Realisation Fee (if any).Other salient terms:• Switches will be at our discretion.• You may switch into Class B Units, Class T Units and Class Z Units of a Sub-Fund only with our prior written approval.
For the purposes of the switch, we may waive in whole or in part the subscription fee for the new units and/or the realisation fee (if any).Other salient terms:• Switches will be at our discretion.• You may switch into Class B Units, Class T Units, Class U Units and Class Z Units of a Fund only with our prior written approval.
The Class M Units are designated in Euro.Class T Units: There is no minimum initial subscription amount and no minimum subsequent subscription amount for Class T Units.
This prospectus also qualifies the grant of the Over-Allotment Option and the distribution of the Class T Units issuable on the exercise of the Over-Allotment Option.
The Trustee will apply Transfer Amounts to acquire Class T Units in the Constituent Funds in accordance with the instructions of the Member on a Valuation Date, normally within 5 Business Days of receipt of such amounts in cleared funds (together with appropriate supporting documentation) and in any event within 20 Business Days of such receipt.
Immediately before liquidation of the Partnership, Class T Units will automatically convert to Class I Units at the Class T Conversion Rate and Class W Units will automatically convert to Class I Units at the Class W Conversion Rate.
A purchaser who acquires Class T Units forming part of the over-allocation position acquires those Class T Units under this prospectus, regardless of whether the over-allocation position is ultimately filled through the exercise of the Over-Allotment Option or secondary market purchases.
As of the date of this Annual Information Form, all convertible Class A Units of the Fund have been converted into Class T Units of the Fund.
In total, the Fund has issued 4,113,450 Units.The Fund’s Class T Units are listed on the Toronto Stock Exchange (“TSX”) under the ticker symbol CBT.UN.
In addition, the Manager will pay to the Agents for a period of time annual deferred compensation equal to (i) 0.40% of the NAV (as defined herein), and (ii) 1.32% of the aggregate net asset value of all Class T Units that are purchased and cancelled by the Fund during the year under the mandatory market purchase program, until the aggregate amount of such fees equals 1.50% of the gross proceeds of the Offering.