IXIS definition
Examples of IXIS in a sentence
The Trust, on behalf of the Series, will pay to CDC IXIS Asset Management Distributors, L.P. ("CDC IXIS Distributors"), a Delaware limited partnership which acts as the Principal Distributor of the Series' shares, or such other entity as shall from time to time act as the Principal Distributor of the Series' shares (the "Distributor"), a fee (the "Service Fee") at an annual rate not to exceed 0.25% of the Series' average daily net assets attributable to the Class B shares.
In connection with the foregoing, the Series is authorized to pay all or part of the Distribution Fee directly to such transferee as directed by CDC IXIS Distributors.
In addition, the Sub-Adviser may allocate brokerage transactions to broker-dealers (including affiliates of CDC IXIS Distributors) that have entered into arrangements in which the broker-dealer allocates a portion of the commissions paid by a fund toward the reduction of that fund's expenses, subject to the policy of best execution.
IXIS ASSET MANAGEMENT ADVISORS, L.P. By IXIS Asset Management Distribution Corporation, its general partner By: /s/ ▇▇▇▇ ▇.
In most circumstances, it would seem like it is really a payment for the time and expense incurred in going through the deal process.
The right of CDC IXIS Distributors to receive the Distribution Fee (but not the relevant distribution agreement or CDC IXIS Distributor's obligations thereunder) may be transferred by CDC IXIS Distributors in order to raise funds which may be useful or necessary to perform its duties as principal underwriter, and any such transfer shall be effective upon written notice from CDC IXIS Distributors to the Trust.
To the extent permitted by applicable law, and in all instances subject to the foregoing policy of best execution, the Sub-Adviser may allocate brokerage transactions to broker-dealers (including affiliates of IXIS Asset Management Distributors, L.P.) that have entered into arrangements in which the broker-dealer allocates a portion of the commissions paid by a fund toward the reduction of that fund's expenses, subject to the policy of best execution.
The provisions of Section 10(a) will not apply to this Agreement; neither IXIS nor the Counterparty have any Offices other than as set forth in the Notices Section and IXIS agrees that, for purposes of Section 6(b) of this Agreement, it shall not in future have any Office other than one in the United States.
The right of CDC IXIS Distributors to receive the Distribution Fee (but not the relevant distribution agreement or CDC IXIS Distributors' obligations thereunder) may be transferred by CDC IXIS Distributors in order to raise funds which may be useful or necessary to perform its duties as principal underwriter, and any such transfer shall be effective upon written notice from CDC IXIS Distributors to the Trust.
For the purpose of Section 10(c) of this Agreement: IXIS is not a Multibranch Party.