Initial Charge definition

Initial Charge means the amount of the charge for a vehicle left in a parking place for a time not exceeding the standard period prescribed for the parking place and as indicated on the parking meter;

Initial Charge means the costs incurred by the manager in the creation and issuance of a participatory interest and included in the price of the participatory interest;

Initial Charge. , in relation to a unit, means that portion of the selling price of the unit which represents the management company’s charges in respect of expenditure incurred and work performed by it in connection with the formation and issue of such unit, but does not include any compulsory charge

Examples of Initial Charge in a sentence

• Initial Charge An initial charge will not be payable in respect of the Fund.

• An Initial Charge of 5.26%, 3.09% or 11.11% of the Net Asset Value per Share shown in the table above are respectively equivalent to an Initial Charge of 5%, 3% or 10% of the gross amount subscribed.The Share Classes set out above may not be available at the date of this Simplified Prospectus.

• The performance figures for a, a1 & C Shares take into account the relevant Initial Charge.

• Further information regarding the current dividend frequencies can be obtained at www.investecassetmanagement.com or from your usual Investec Representative or the Management Company.† The Initial Charge is calculated as a percentage of the amount subscribed by an investor. The Management Fee, the Administration Servicing Fee and the Distribution Fee are each calculated as a percentage of the Net Asset Value of the relevant Share Class.

• Acquisition and sale of Shares from and to the Distributor may not be made at prices exceeding the relevant NAV per Share plus the Initial Charge or being less than the Redemption Price, respectively.

More Definitions of Initial Charge

Initial Charge means any initial or entry charge that may be charged when subscribing for Shares in a Fund, as set out in the relevant Prospectus;

Initial Charge means an up-front fee paid to the ACD when you buy Shares

Initial Charge means a placing fee, subscription charge or such other fee, charge or amount as determined by the Manager but not exceeding 5% of the Subscription Price payable to the Manager or designated distribution agent or to the Company on behalf of the Manager or designated distribution agent;

Initial Charge means a charge payable to TIME of up to 1%

Initial Charge means a fee of 1.0% inclusive of VAT payable to Par Equity by the Investor on commencement of the Investment Agreement;

Initial Charge means a charge upon the issue of Shares of such amount as the Manager may from time to time determine generally or in relation to any specific transaction or class of transactions, but not exceeding the maximum stipulated in this Prospectus.

Initial Charge means that portion of the selling price of a share which represents the fund manager’s charge in respect of expenditure incurred and work performed by it in connection with the creation and issue of such share but does not include any compulsory charge;