Units in Issue definition

Units in Issue means all Units for the time being created and issued and not cancelled;

Units in Issue means all Units for the time being created and issued and not cancelled. "Valuation Roll" means the roll of Authorised Investments kept pursuant to clause 11.4.

Units in Issue means the total of the current units that are in issue to all unit holders.

Examples of Units in Issue in a sentence

• Units in Issue Hedging Reserve Units in Issue Hedging Reserve 1(d)(i) Statements of Changes in Unitholders’ Funds (cont’d) 1(d)(ii)(iii) Details of any changes in Units 1(d)(iv) Sales, Transfers, Disposal, Cancellation and/or use of Treasury Units Not applicable.

• Units in Issue The Manager confirms that there was no repurchase, sale or redemption of RREEF CCT units and that no new units were issued during the Reporting Period.

• The quorum necessary for a meeting shall (subject to the Superannuation Laws) be not less than 5 persons holding or representing by proxy at least ten per centum (l0%) of Units in Issue in each Unitised Fund and interests in each Non-Unitised Fund.

• On the date of creation of any Units under this sub-clause, each AP Category Member and TAP Category Member shall be entitled to the same proportion of the number of Units in the relevant Unitised Fund so created and issued as the number (if any) of Units held by him bears to the total number of Units in Issue in the relevant Unitised Fund immediately prior to the date of creation of those Units.

• On the date of creation of any Units under this rule, each Member shall be entitled to the same proportion of the number of Units in the relevant Unitised Fund so created and issued as the number (if any) of Units in that Unitised Fund held by him bears to the total number of Units in Issue in the relevant Unitised Fund immediately prior to the date of creation of those Units.

More Definitions of Units in Issue

Units in Issue means all units which have been created and issued and which have been entered in the Register including those held or deemed to be held by the REIT Manager, and which have not been cancelled;

Units in Issue means all units issued and not cancelled.

Units in Issue means all Units which have been created, fully paid for and which have been entered in the Registers including those held or deemed to be held by the Manager, and which have not been cancelled;

Units in Issue means all units which have been created and which have been entered in the registers including those held or deemed to be held by the Fund Manager, and which have not been cancelled. THE UNIT TRUST SCHEME- THE UMBRELLA SCHEME Sanlam Unit trusts - The name of the umbrella scheme is Sanlam Unit Trust Funds.The duration of the umbrella scheme and the sub funds there-under are unlimited subject to laws of Kenya.The minimum size of the umbrella fund capital is Ksh.5 Million, the fund has no maximum- Its open ended. The provisions of regulation 41 of the Capital Markets (Collective Investments Schemes) Regulations, 2001 shall apply. ELIGIBILITY To be eligible to invest in the Sanlam Unit Trust Funds: You must be aged over 18 years. For parents or legal guardians wishing to open unit trust accounts for their children and/or dependants under the age of 18, they can open the account under their name until the beneficiary attains age of 18 years. You must not be resident in any jurisdiction where such an investment would be unlawful. You should satisfy yourself that you are permitted to make this investment under any tax regulations or other legislation, which might affect you. You can either be a private investor or an institutional investor (i.e. companies, trusts, retirement benefits schemes etc) If the plan is to be held in joint names, all investors must conform to the above requirements for eligibility. Borrowing restrictionsThe Sanlam Unit trusts Fund Manager shall not lend all or any part of the Sanlam Unit trusts umbrella scheme portfolio and shall not assume, guarantee, endorse, or otherwise become directly or contingently liable for or in connection with any obligation or indebtedness of any person in relation to Sanlam Unit trusts portfolio.Change in InvestmentsThe Fund Manager may, if it considers it in the best interest of the unit holders, sell, exchange, alter, or otherwise dispose of any of the underlying securities and in such event shall substitute for such other underlying securities or cash equal in value to the net amount realized for the underlying securities disposed of less the compulsory charges in respect of the securities substituted.GeneralIf any of the investments and borrowing restrictions are breached, the Manager shall as a priority objective take all steps necessary within a reasonable period of time to remedy the situation, having due regard to the interest of the unit holders. The Manager is not required to sell investments ...

Units in Issue means all Units created under the provisions of this Deed (whether issued or not) and not cancelled, after all Fractional Units have been consolidated as far as possible into whole Units.

Units in Issue means the number of Units that have been issued less the number that have been redeemed.

Units in Issue means all Units for the time being created and issued and not cancelled but in relation to a particular day shall not include Units which are redeemed on that day.