Examples of Series A-2 Units in a sentence
Series A-2 Units and Series P-2 Units are designed for investors who are advised by registered securities dealers.
The Fund will use the proceeds of the Offering of Series A1 Units, Series A2 Units, Series A3 Units, Series A4 Units, Series E Units and Series F Units to purchase, respectively, Series A1 LP Units, Series A2 LP Units, Series A3 LP Units, Series A4 LP Units, Series E LP Units and Series F LP Units of the Partnership.
The Manager may pay an annual trailer fee (the “Trailer Fee”) on behalf of the Trust or where permissible, the Trust may pay the trailer directly itself, up to 1.0% of the subscription monies obtained by such persons in respect of the Series A-1 Units, Series A-2 Units and Series P-I Units and up to 0.75% of the subscription monies obtained by such persons in respect of the Series P-2 Units.
Series A-2 Units, Series A-3 Units and Series A-IN Units will be redeemed at a redemption price equal to 99% of the Adjusted Book Value for the first year after their purchase, representing a 1.0% discount to their Adjusted Book Value, so that after the first anniversary of the original subscription date, such Units will be redeemed at their Adjusted Book Value.
Effective April 20, 2020, the Series A2 Units of Portland Global Dividend Fund were merged into Series A Units of Portland Global Dividend Fund and Portland Advantage Fund, Portland Value Fund and Portland 15 of 15 Fund (collectively the Terminated Funds) were merged into Portland Global Dividend Fund, which was then converted to an alternative mutual fund, and renamed Portland 15 of 15 Alternative Fund (the Continuing Fund).
Series A1 Units and Series A2 Units issued to Unitholders pursuant to the DPEMF Merger will continue to be subject to the same deferred sales charge as if the Unitholder were continuing to hold the units of DPEMF exchanged for such Series A1 Units and Series A2 Units on the DPEMF Merger Date.
These techniques exploit the use of automated processes, specifically 3D printers, to engineer a construct comprising of cells, bioactive moleculesand biomaterials [11].
Once a Series A-1 Unit or Series B-1 Unit has been charged selling commissions totaling 10% of the sale price of such Unit, the Unit will not be charged any further selling commissions and the net asset value of such Unit will be recalculated, and the Unit will be redesignated, in terms of Series A-2 Units or Series B-2 Units, as applicable, against which selling commissions are not charged.
For purposes of the preceding proviso, the after-tax proceeds of the shareholders of a holder of Series A-2 Units will be determined using the Corporate Tax Rate.
As a result of MSI acquiring additional Series A-2 Units, which brought their total equity interest in the Company to 49.84% as of December 18, 2014, the board of managers of the Company was expanded from five to six members and MSI appointed the sixth manager, so that currently the board of managers of the Company consists of three representatives of Magnum Hunter and three representatives of MSI.