Multiple Share Class definition

Multiple Share Class. $500 per month for each share class in excess of two. Dual Book Accounting Fee: $5,000 per annum per Fund, to be billed semi-annually New funds will be billed at the above fees but shall be waived during the first 6 months or until the fund reaches $100,000,000, whichever is sooner. For funds with less than $100,000,000 in assets, the following waivers apply:
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Multiple Share Class. $500 per month for each share class in excess of two. Dual Book Accounting Fee: $5,000 per annum per Fund, to be billed semi-annually New funds will be billed at the above fees but shall be waived during the first 6 months or until the fund reaches $100,000,000, whichever is sooner. For funds with less than $100,000,000 in assets, the following waivers apply: 0-3 months: 100% of fee waived 4-6 months: 50% of fee waived This reduction is intended to provide relief to funds in the event that assets do not grow during the initial 6 months. Assets from an “in kind” transfer, common trust conversion or transferred from another Federated Fund qualify as fund assets for purposes of the $100,000,000 asset base used to determine applicability of the above fee waiver. DOMESTIC CUSTODY (U.S. Securities Processing)
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Multiple Share Class. $500 per month for each share class in excess of two. DOMESTIC CUSTODY (U.S. Securities Processing)
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Examples of Multiple Share Class in a sentence

  • Management may waive the CDSC in whole or in part from time to time for classes of investors pursuant to Rule 22d-1 of the 1940 Act, without amending this Multiple Share Class Plan.

  • Management may waive the CDSC in whole or in part, from time to time for classes of investors pursuant to Rule 22d-1 of the Investment Company Act of 1940, without amending this Multiple Share Class Plan.

  • This Multiple Share Class Plan (the “Plan”) has been adopted pursuant to Rule 18f-3 under the Investment Company Act of 1940 (the "1940 Act") by FPA Funds Trust (the “Trust”) for each series of the Trust that offers multiple classes of shares, as set forth in Exhibit A hereto, (each, a “Fund”).Each class of shares of a Fund will have the same relative rights and privileges and be subject to the same sales charges, fees and expenses except as set forth below.

  • This Multiple Share Class Plan (the “Plan”) operates in a manner consistent with Rule 18f-3 under the Investment Company Act of 1940, as amended (the “1940 Act”), which regulates the manner in which an open-end investment company may issue more than one class of voting stock.

  • Management may waive the CDSC in whole or in part, from time to time for classes of investors pursuant to Rule 22d-1 of the 1940 Act, without amending this Multiple Share Class Plan.

  • Management may waive the initial sales charge in wholeor in part from time to time for classes of investors pursuant to Rule 22d-1 of the 1940 Act, without amendingthis Multiple Share Class Plan.

  • Multiple Share Class: $500 per month for each share class in excess of two.

  • Management may waive the applicable sales charge in whole or in part, from time to time for classes of investors pursuant to Rule 22d-1 of the Investment Company Act of 1940, without amending this Multiple Share Class Plan.

  • This Multiple Share Class Plan (the “Plan”) has been adopted pursuant to Rule 18f-3 under the Investment Company Act of 1940 (the "1940 Act") by Bragg Capital Trust (the “Trust”) for each series of the Trust that offers multiple classes of shares, as set forth in Exhibit A hereto, (each, a “Fund”).Each class of shares of a Fund will have the same relative rights and privileges and be subject to the same sales charges, fees and expenses except as set forth below.

  • Management may waive the applicable sales charge in whole or in part, fromtime to time for classes of investors pursuant to Rule 22d-1 of the Investment Company Act of 1940, withoutamending this Multiple Share Class Plan.


More Definitions of Multiple Share Class

Multiple Share Class. $500 per month for each share class in excess of two. AMENDMENT TO CUSTODY AGREEMENT BETWEEN THE BANK OF NEW YORK AND THE FUNDS LISTED ON SCHEDULE II TO THE CUSTODY AGREEMENT, AS AMENDED FROM TIME TO TIME This Amendment (the "Amendment") dated as of November 8, 2007 between The Bank of New York ("Custodian") and the Funds listed on Schedule II to the Custody Agreement, as amended by Exhibit A attached hereto (each a "Fund").
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Related to Multiple Share Class

  • Multiple Voting Shares means the multiple voting shares in the capital of the Corporation;

  • Class C Shares means the shares of Class C common stock of the Company.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Current Class B-1 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-1 Fractional Interest.

  • Per Share Amount has the meaning set forth in Section 2.2.1 hereof.

  • Class P Fraction Any Class I-P, Class II-P or Class III-P Fraction, as applicable.

  • Original Class B-1 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-2 Principal Balance, the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-1 Fractional Interest is specified in Section 11.16.

  • Current Class B-2 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-3, Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-2 Fractional Interest.

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Series B-1 Preferred Stock means shares of the Company’s Series B-1 Preferred Stock, par value $0.0001 per share.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Original Class B-2 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-2 Fractional Interest is specified in Section 11.17.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Current Class B-3 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-3 Fractional Interest.

  • Current Class B-4 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-4 Fractional Interest.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Preferred Stock means the Class B Preferred Stock of the Company, par value $0.0001 per share.

  • Current Class B-5 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the Principal Balance of the Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-5 Fractional Interest.

  • Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.