Equalisation Payment definition

Equalisation Payment means an amount paid in accordance with clause 26 of Schedule 1 (subject to any determination of the Directors to the contrary) calculated at such rate per Share of Shares Class as shall be determined by the Directors by reference to their estimate from time to time of the next dividend to be declared in respect of the relevant Share Class Fund(s) the portfolio(s) maintained in accordance with clause 26 of Schedule 1 which shall be kept separate in respect of each Share Class or the relevant Share Classes (where more than one Share Class has been created to participate in a Fund) to which all assets and liabilities, income and expenditure attributable or allocated to each such Fund shall be applied and charged.
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Equalisation Payment means that part of the Issue Price credited to the Equalisation Account upon subscription for Participating Shares in accordance with article 9(4) hereof,
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Equalisation Payment means (in relation to a Share issued by the Manager) the capital sum deemed by the Manager to represent the amount included in the issue price of such Share to reflect Income of the Designated Portfolio concerned accrued up to the date of issue thereof, the amount of which shall be credited to the Income Equalisation Account, and (in relation to a Share sold by the Manager) the sum equivalent to the Equalisation Payment which would relate to a Share issued on the same day;
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Examples of Equalisation Payment in a sentence

  • The amount of the Equalisation Payment shall be calculated as set out in paragraphs 4.2.1 to 4.

  • The amount of the Equalisation Payment shall be calculated as set out in paragraphs 4.1.1 to 4.1.10.

  • The Equalisation Payment shall be such amount as will ensure that after the payment of such amount to NLF, the Group will be in the same economic position as it would have been in had it not benefited from the Relief in respect of the Payment or Issue, as the case may be, and paid the Equalisation Payment pursuant to this clause 15 (Set-off and Withholding; Tax Adjustment).


More Definitions of Equalisation Payment

Equalisation Payment means any payment to be made by all or any of the Councils to a Refuse Station Operator or Refuse Station Operators in accordance with the Equalisation Formula as determined by the Committee;
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Equalisation Payment means an amount referable to a Class Fund deemed to be paid in accordance with Article 53 and (subject to any determination of the Directors to the contrary) calculated at such rate per Participating Share as shall be determined by the Directors by reference to their estimate from time to time of the next dividend to be declared and paid (subject to the provisions of these Articles) on the class of Participating Shares in respect of which the Equalisation Payment is payable;
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Equalisation Payment means the annual fee payable by each Club to the SEABL towards the cost of the administration of the SEABL. This fee includes both Administration and operational costs.
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Related to Equalisation Payment

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Facilitation Payment means a direct or indirect payment to a Public Official to carry out or expedite the performance of a routine government action. Routine government actions include, but are not limited to, clearing customs, processing visas and scheduling inspections.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.