Redemption Charge definition

Redemption Charge means the redemption charge, if any, payable on the redemption of Shares as

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Redemption Charge means such charge as may be applied at the discretion of the Directors to a redemption of Participating Shares in a Fund in the manner provided for in Clause 12 of this Instrument.

Redemption Charge means a charge in respect of a redemption (or exchange) of Shares which may be deducted from redemption proceeds (or the net asset value of the Shares being exchanged) and as described in further details in Section 3 “Description of Share Classes”, Section 14 “Redemption of Shares” (under paragraph 14.3 “Redemption Charges”) and Section 16 “Exchange of Shares” in the Prospectus;

Examples of Redemption Charge in a sentence

As a Preliminary Charge and a Redemption Charge may be applied, the difference at any one time between the sale and repurchase of Shares in a Fund means that the investment in Shares should be viewed as medium to long term.
An Early Redemption Charge is due if you repay all or part of your mortgage before the end of the set fixed period, however you can make an overpayment of 10% of your outstanding fixed rate balance each year without incurring an Early breakage charge.
In addition, no Subscription Charge, Redemption Charge or Exchange Charge may be charged on the cross-investing Fund’s investment.
In addition, the amount of any applicable Redemption Charge will be deducted from the Accumulated Value.
The Directors may in their sole discretion waive or reduce the amount of the Redemption Charge in situations where the Directors consider such a waiver or reduction to be equitable in light of the circumstances of the transaction and the purpose of the Redemption Charge.

More Definitions of Redemption Charge

Redemption Charge means, in respect of an Unlisted Class, the redemption charge (if any) payable on the redemption of Units of that Unlisted Class and as specified in the relevant Appendix.

Redemption Charge means the for payable by an investor to the Fund on the redemption of Shares in a Fund as set out in the relevant Supplement.

Redemption Charge means in respect of a Fund (or a Class thereof), the

Redemption Charge means the charge, if any, to be paid out of the Redemption

Redemption Charge means in respect of a Fund, the charge (if any) payable on a

Redemption Charge means the charge, if any, to be paid out of the Repurchase Price which Shares may be subject to, as specified in the relevant Supplement.

Redemption Charge means an amount that may be deducted by the Fund from any redemption proceeds payable in connection with the redemption of Units equal to the sum of: (i) five percent (5%) of the applicable Net Asset Value per Unit for the redeemed Units; and (ii) the amount of any expense, charge, discount, fee, or other amount incurred or borne by the Fund in connection with the disposition of assets to fund a redemption of Units.