Sales Charge definition

Sales Charge means the sales charge, if any, levied by the Company in relation to the subscription for any Class of Shares in the Fund, details of which, if applicable, are set out in the “Subscription and Redemption of Shares” section below;

Sales Charge means a charge in respect of a subscription for Shares which may be deducted from subscription proceeds by the Distributor or Sub-distributors;

Sales Charge has the meaning assigned to it in Section 2.6.

Examples of Sales Charge in a sentence

• Such Asset-Based Sales Charge payments received from the Fund will compensate the Distributor for providing distribution assistance in connection with the sale of Shares.

• In the event of such termination, the Board and its Independent Trustees shall determine whether the Distributor shall be entitled to payment from the Fund of all or a portion of the Service Fee and/or the Asset-Based Sales Charge in respect of Shares sold prior to the effective date of such termination.

• The proceeds of such sales, less any amounts paid to the Trustee in reimbursement of its advances, shall be credited to the Deferred Sales Charge Account.

• If the Trust is terminated for reasons other than that set forth in Section 6.01(g), the Trustee shall, if so provided in the related Prospectus on the termination of the Trust, withhold from the proceeds payable to Unit holders an amount equal to the unpaid portion of the deferred sales charge and distribute such amount to the Deferred Sales Charge Account.

• If a Unit holder redeems Units prior to full payment of the deferred sales charge, the Trustee shall, if so provided in the related Prospectus, on the Redemption Date, withhold from the Redemption Price payable to such Unit holder an amount equal to the unpaid portion of the deferred sales charge and distribute such amount to the Deferred Sales Charge Account.

More Definitions of Sales Charge

Sales Charge and "Dealer Commission" apply only to the Load Funds and the CDSC Funds. All commissions and concessions are subject to change without notice by us and will comply with any changes in regulatory requirements. You agree that you will not combine customer orders to reach breakpoints in commissions for any purpose whatsoever unless authorized by the Prospectus or by us in writing.

Sales Charge. : means a fee payable pursuant to an application for purchase of Units.

Sales Charge shall have the meaning set forth in Section 2830 of the Conduct Rules.

Sales Charge. : means a fee imposed pursuant to an application for purchase of

Sales Charge. Fund as defined in Section 26 of the NASD's Rules of Fair Practice.

Sales Charge means a charge upon the issue of a Unit of any Fund or Class of such amount as may from time to time be fixed by the Manager generally or in relation to any specific or class of transaction.

Sales Charge. Means the sales charge levied in relation to the subscription for any Class of Units in any Sub-Fund, details of which are set out in the Supplement relating to the relevant Sub-Fund;