Fund Conversion definition

Fund Conversion has the meaning assigned to such term in the recitals;
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Examples of Fund Conversion in a sentence

  • If the balance of Fund units maintained with a Sales Institution (outlet) is less than 500 upon or after the Redemption by a Fund Unitholder, a full Redemption shall be made on a one-off basis, unless the balance in an account is less than 500 for reasons such as the re-investment of dividends, non-trading transfer, Designation Transfer, Substantial Redemption or Fund Conversion.

  • Similarly, the cash invested by the Company pursuant to its subscription for Master Fund C Shares will be accounted for and managed by the Master Fund as a distinct pool of assets until the Master Fund Conversion Time.

  • This resulted in a good performance of the general consumer price index.

  • If the balance of Class A Units maintained with a Sales Institution (outlet) is less than 500 upon or after the Redemption by a Fund Unitholder, a full Redemption shall be made on a one-off basis, unless the balance of Class A Units in an account is less than 500 for reasons such as the re-investment of dividends, non-trading transfer, Designation Transfer, Substantial Redemption or Fund Conversion.

  • Master Fund Deferred SharesMaster Fund Deferred Shares may arise as a result of conversion of Master Fund C Shares pursuant to Master Fund Conversion.

  • However, if the Master Fund has any cash available for investment immediately prior to Admission, the Master Fund’s investments following Admission (but prior to Master Fund Conversion) will be made utilising the cash available for investment that is attributable to the Master Fund Ordinary Shares and the Master Fund C Shares pro rata in proportion to the amounts of cash available for investment respectively in the two pools of capital.

  • Land and Water Conservation Fund Conversion Process and ProceduresProperty acquired or developed with LWCF assistance shall be retained and used for public outdoor recreation.

  • If this proves to be impossible and the number of pilgrims grows, the church authorities are usually compelled to establish a commission.

  • However, New Master Fund Shares shall not be entitled to any dividends or distributions which are declared prior to the Master Fund Conversion Time but made or paid after the Master Fund Conversion Time.

  • The Master Fund may utilise the proceeds of the Subscription to repay (following Master Fund Conversion) sums drawn down pursuant to the RBSI Facility (at the date of this document, the Master Fund has drawn down £5 million pursuant to the RBSI Facility, with a further £2 million being available for drawdown) and to make further investments in subordinated debt instruments issued by UK infrastructure project companies and related and/or similar assets in accordance with its investment policy.

Related to Fund Conversion

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Mandatory Conversion Notice has the meaning ascribed thereto in Section 4.5(a);

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Major conversion means a conversion of an existing ship:

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Forced Conversion Notice shall have the meaning set forth in Section 6(d).

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Plan of Conversion has the meaning given such term in Section 14.1.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Forced Conversion Amount means the sum of (i) 100% of the aggregate Stated Value then outstanding, (ii) accrued but unpaid dividends and (iii) all liquidated damages and other amounts due in respect of the Series B Preferred Stock.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(f).

  • Automatic Conversion Date has the meaning set forth in Section 7(c).

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Certificate of Conversion means the Certificate of Conversion of the Company filed with the Secretary of State of the State of Delaware pursuant to Section 18-214(b)(1) of the Act on October 9, 2007, as amended or amended and restated from time to time.

  • Notice of Conversion/Continuation means a notice in substantially the form of Exhibit B.

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country or the confederation which issued such Foreign Currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community or (ii) any currency unit or composite currency for the purposes for which it was established.