Large Investors definition

Large Investors. Large investors means any investor other than Market Makers / Authorised Participants who can create/redeem ETF units in multiples of creation unit size.
Large Investors. Large investors means any investor other than Authorized Participants who can create/redeem ETF units in multiples of creation unit size.
Large Investors has the meaning set forth in the Recitals to this Agreement.

Examples of Large Investors in a sentence

  • Any expenditure incurred by the Scheme for allotment and/or transfer of eligible securities which may include charges like depository participant charges, transaction handling charges etc., will be borne by the Large Investors / Authorised Participants.

  • It is therefore expected that there would be a number of subscriptions and redemptions on a daily basis through Authorised Participants and Large Investors.

  • The AMC engages Authorized Participants for creating liquidity for the Units of the Scheme on the Stock Exchange(s) so that investors other than Authorized Participants and Large Investors are able to buy or redeem Units on the Stock Exchange(s) using the services of a stock broker.

  • Directly with the Mutual FundThe Scheme offers units for subscription / redemption directly with the Mutual Fund in creation unit size to Authorized Participants / Large Investors only, at NAV based prices on all Business Days during an ongoing offer period.

  • Any fractions in the number of securities transferable to Authorized Participants / Large Investors will be rounded of to the lower integer and the value of the fraction will be added to the cash component payable.

  • Intra-day Indicative NAV will not have any bearing on the creation or redemption of units directly with the Fund by the Authorized Participants /Large Investors.

  • Directly with the Mutual Fund:The Scheme offers units for subscription / redemption directly with the Mutual Fund in Creation Unit Size to Authorized Participants / and Large Investors, at NAV based prices on all Business Days during an ongoing offer period.

  • AMC has proposed to engage Authorized Participants for creating liquidity for ETFs in the stock exchange(s) so that retail investors (investors other than Authorized Participants and Large Investors) are able to buy or redeem units on the stock exchange(s) using the services of a stock broker.

  • The cash component of the proceeds at applicable NAV will be paid by way of cheque or direct credit or through electronic mode i.e. RTGS/NEFT.However, only Authorised Participants and Large Investors can directly redeem from the AMC in 'Creation Unit Size.

  • Any fractions in the number of securities transferable to Authorized Participants / Large Investors will be rounded off to the lower integer and the value of the fraction will be added to the cash component payable.

Related to Large Investors

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Investors means the Initial Investors and any transferee or assignee who agrees to become bound by the provisions of this Agreement in accordance with Section 9 hereof.

  • Lead Investors means collectively, BlackRock, GSO, Magnetar and, solely for purposes of Section 2.02(b), Investment Partners V (II), LLC.

  • Equity Investors means the Sponsors and the Management Stockholders.

  • Co-Investors means each of (a) the Fund and the Fund Affiliates (excluding any of their portfolio companies) and (b) the Management Group.

  • CD&R Investors means, collectively, (i) CD&R Fund VIII, (ii) CD&R Friends & Family Fund VIII, L.P., a Cayman Islands exempted limited partnership, and any successor in interest thereto, and (iii) any Affiliate of any CD&R Investor identified in clauses (i) and (ii) of this definition.

  • Majority Investors means, as of any date, the holders of a majority of the Investor Shares outstanding on such date.

  • Other Investors shall have the meaning set forth in the Preamble.

  • Existing Investors shall have the meaning given in the Preamble hereto.

  • Equity Holders means the Stockholders and the Option Holders.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Management Investors means the officers, directors, managers, employees and members of management of the Borrower, any Parent Company and/or any subsidiary of the Borrower (including, on the Closing Date, those of the Target and its subsidiaries).

  • Investor is defined in the preamble to this Agreement.

  • Qualified Investors means investors who are professional clients (client professionnel/professionele cliënt) or eligible counterparty (contrepartie éligible/in aanmerking komende tegenpartij) as defined in the Belgian Prospectus Law of 16 June 2006 (as amended from time to time). The Qualified Investors may bear a lower Entry Fee (as defined under item 77 of Part A) depending on (i) the evolution of the credit quality of the Issuer (credit spread), (ii) the evolution of interest rates, (iii) the success (or lack of success) of the placement of the Notes, and (iv) the amount of Notes purchased by an investor, each as determined by each relevant distributor (including BNP Paribas Fortis SA/NV) in its sole discretion. Conditions to which the offer is subject: The Offer of the Notes is conditional on its issue.

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Institutional Investors means any regulated investment company, segregated asset account, foreign investment company, common trust fund, group trust or other investment arrangement, whether organized within or without the United States of America.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

  • Eligible Investor Either (i) a Qualified Institutional Buyer that is purchasing for its own account or for the account of a Qualified Institutional Buyer to whom notice is given that the offer, sale or transfer is being made in reliance on Rule 144A or (ii) an Institutional Accredited Investor.

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • Equity Investor means the tax credit investor or syndicator for the proposed project who will acquire an ownership interest in the proposed project and who contributes capital to the Project Sponsor and the closing of the syndication. Equity Investors provide the capital requirements of the Project Sponsor either in the form of a single contribution at the time of entry or a staged level of contributions.

  • Lead Investor means Empery Asset Master, Ltd.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Principal Stockholders CERTAIN TRANSACTIONS," "DESCRIPTION OF SECURITIES," and "SHARES ELIGIBLE FOR FUTURE SALE" have been reviewed by such counsel, and insofar as they refer to statements of law, descriptions of statutes, licenses, rules or regulations or legal conclusions, are correct in all material respects;

  • Preferred Holders means the record owners of outstanding Preferred Securities.