Contingent Load definition

Contingent Load means Load payable by the Unit Holder at actual basis to the extent of loss incurred by fund due to disinvestments if Units are redeemed by any major Unit Holder in such period of time that the Management Company believes may adversely affect the interest of other Unit Holder(s). Any Contingent Load received will form part of the Trust Property.

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Contingent Load means amount payable by the Unit Holder on redemption of Units at actual basis as specified in the Offering Document. Any such amount would be treated as part of the Deposited Property.

Contingent Load means Sales Load payable not exceeding 5% of the Net Asset Value, if Units are redeemed by any major Unit Holder in such period of time that the Management Company believes, may adversely affect the interest of other Unit Holders. Any Contingent Load received will form part of the Trust Property.

Examples of Contingent Load in a sentence

• After the Initial Period, the Redemption Price (inclusive of any Back end Load and/or Contingent Load) shall be calculated and announced by the Management Company for every Dealing Day as specified in the Regulations, directives issued there under and the Offering Documents.

• The Management Company may announce different Administrative Plans under distinct administrative arrangements with differing levels of Back-end Load or Contingent Load, which may also vary according to other criteria as provided in the Offering Document(s) or Supplementary Offering Document(s).

• Conversion Unit Holders shall not be liable to make any further contributions to the Scheme since they already had the shares of GASSFL and no further liability shall be imposed on any Unit Holders in respect of the Units held by him, except that early redemption of Conversion Units shall be subject to Contingent Load as provided in Clause 6.7 above.

More Definitions of Contingent Load

Contingent Load means a load payable by the Unit Holder of Allocation Plan(s), which will be applicable only in case of redemption of units before the initial maturity period of the respective Allocation Plan(s). Any Contingent load received shall form part of the Fund Property. Provided that contingent load commensurate with net loss incurred due to early redemption.

Contingent Load means Load payable by the Unit Holder on redemption and at the time of transaction. Any Contingent Load received will form part of the Trust Property.

Contingent Load means the charge deducted from the Net Asset Value in determining the Redemption price, not exceeding five percent (5%) of the Net Asset Value per unit of the Fund. Any such charges shall be treated as part of the Trust Property. Different Levels of Contingent Load may be charged to different classes of Units, as specified in this Offering Document.

Contingent Load means a Load payable by the Unit Holder of this Allocation Plan, which will be applicable only in case of redemption of units before the completion of the Initial Maturity of this Allocation Plan. Any Contingent Load received will form part of the Fund Property.

Contingent Load means Load payable by the Unit Holder on redemption and at the timeof transaction. Any Contingent Load received will form part of the Trust Property. The contingent load will commensurate with net loss incurred due to early redemption.

Contingent Load means Sales Load payable not exceeding five per cent (5%) of the Net Asset Value, if Units are redeemed by any major Unit Holder in such period of time that the Management Company believes may adversely affect the interest of other Unit Holder(s) and disclosed in the Offering Document. Any Contingent Load received shall form part of the Trust Property.

Contingent Load means processing charges deductible from the Net Asset Value of the Unit to determine the Redemption Price in case of redemption of Units within a certain period of time or at a decreasing rate for every period the Units are held and shall be charged to Unit Holders in instances where no Front-end Load is charged. Such charges (including Front end and back end load) shall not exceed five percent (5%) of the Net Asset Value and shall be determined by the Management Company from time to time and disclosed in the Offering Document. Any such charges shall be payable to the Management Company and/or its Distributors, as the case may be. The Contingent load would be applicable to those classes of units where there is no front end load.