Unitholder definition

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

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Unitholder means the registered holder of any Unit of beneficial interest, his legal representative and heirs, or the successors of any corporation, partnership or other legal entity and as such shall be deemed a beneficiary of the related Trust created by this Indenture to the extent of his pro rata share thereof.

Unitholder means a person for the time being entered on the register of holders as the holder of Units including, where the context so admits, persons jointly registered.

Examples of Unitholder in a sentence

Once such determination has been made, the Registrar and Transfer Agent will inform the Broker through which the Unitholder has delivered its Copper Redemption Notice of the amount and brand(s) of Copper and cash that the redeeming Unitholder will receive upon the redemption of the Unitholder’s Units.
In purchasing Units, a Unitholder assumes no personal liability whatsoever to any Person in connection with the assets or affairs of the Trust.
In the event of a distribution in the form of additional Units, subject to applicable Securities Legislation, the Manager may sell Units of such Unitholder to pay such withholding taxes and to pay all reasonable expenses in respect of such sale and the Manager shall have the power of attorney of such Unitholder to do so.
In the event that the net proceeds of any such sale of a Unitholder’s Units exceed the statutory withholding required and the reasonable expenses incurred in respect of such sale, the Manager shall remit such excess to the Unitholder.
Any such sale shall be made in compliance with applicable Securities Legislation on any stock exchange on which the Units are then listed and upon such sale, the affected Unitholder shall cease to be the holder of such Units.

More Definitions of Unitholder

Unitholder means a holder of one or more Units.

Unitholder means a Common Unitholder and any Member who is the registered holder of any other class of Units, if any.

Unitholder means a holder of Units.

Unitholder means a holder of Units of an ETF;

Unitholder means any owner of one or more Units as reflected on the Company’s books and records.

Unitholder means the person for the time being entered on the Register as the holder of a Unit or Units including, where the context so admits, persons jointly so registered.

Unitholder means a holder of Units, and any reference to a Unitholder in the context of such Unitholder’s right to vote at a meeting of Unitholders also includes a holder of Special Voting Units.