Unit Holder definition

Unit Holder means the owner of one or more Units.

Unit Holder means a person holding units in the scheme of the Mutual Fund.

Unit Holder has the meaning ascribed to that term in the Trust Deed;

Examples of Unit Holder in a sentence

• All fees, charges and expenses payable by the Unit Holder are subject to GST at a rate of 6% or such other prescribed rate as may be imposed from time to time, and incurred by the Unit Holder directly when purchasing or redeeming Units of the Fund and indirectly when investing in the Fund.

• All money payable to a Unit Holder may be paid by electronic payments or cheques.

• Subject to the above and any local regulations, the Trustee and/or its related group of companies may deal with each other, the Fund or any Unit Holder or enter into any contract or transaction with each other, the Fund or any Unit Holder or retain for its own benefit any profits or benefits derived from any such contract or transaction or act in the same or similar capacity in relation to any other scheme.

• Every Unit Holder entitled to attend the Meeting and to vote, may do so personally or by proxy.

• Following a switching transaction, if the quantity of Units held by a Unit Holder in the Fund falls below its minimum investment balance, the Manager can switch the entire investment and forward the proceeds to the fund that the Unit Holder intends to switch into.

More Definitions of Unit Holder

Unit Holder means any Person who holds one (1) or more Units, regardless of whether such Person is a Member and regardless of whether such Units were initially acquired by such Person from the Company or by assignment from another Unit Holder.

Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of this Trust Deed.

Unit Holder means the holder of any unit of any Trust.

Unit Holder or "Holders" means a person recognized by or on behalf of the Trustee Company as the holder of Units under the said Scheme, and whose name is, for the time being, entered in the Register or list of Holders maintained under the said Scheme.

Unit Holder shall be the registered holder of any Unit, whether or not in certificated form, as recorded on the registration books of the Trustee."

Unit Holder. , in relation to a unit trust, means the owner of an interest in the moneys, investments and other property which are for the time being subject to the trusts governing the unit trust, that interest being expressed in the number of units of which he is the owner;

Unit Holder means any one of the Unit Holders.