Repurchase of Shares by the Fund Sample Clauses

Repurchase of Shares by the Fund. (a) Any of the outstanding Shares may be tendered for repurchase pursuant to a tender offer made by the Fund, and the Fund agrees to repurchase the Shares so tendered in accordance with the requirements of the Securities Exchange Act of 1934, as amended (the “1934 Act”), and the rules and regulations thereunder and the applicable tender offer provisions set forth in the Prospectus of the Fund. The price to be paid to repurchase the Shares shall be equal to the net asset value per Share, determined as set forth in the Prospectus. All payments by the Fund hereunder shall be made in the manner set forth below.
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Repurchase of Shares by the Fund. (a) Any of the outstanding Shares may be tendered for repurchase pursuant to a tender offer made by the Fund, and the Fund agrees to repurchase the Shares so tendered in accordance with the requirements of the 1934 Act and the rules and regulations thereunder and the applicable tender offer provisions set forth in the Prospectus of the Fund. The price to be paid to repurchase the Shares shall be equal to the net asset value, determined as set forth in the Prospectus, less the early withdrawal charge, if any, as described in the Prospectus. All payments by the Fund hereunder shall be made in the manner set forth below. The Fund shall pay the total amount of the repurchase price as defined in the above paragraph pursuant to the instructions of the Distributor or return the tendered shares promptly following the termination or withdrawal of the tender offer. The proceeds of any repurchase of shares shall be paid by the Fund as follows: (i) any applicable early withdrawal charge shall be paid to the Adviser and (ii) the balance shall be paid to or for the account of the shareholder, in each case in accordance with the applicable provisions of the Prospectus.
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Repurchase of Shares by the Fund. (a) Any of the outstanding shares may be tendered for repurchase pursuant to a tender offer made by the Fund, and the Fund agrees to repurchase the shares so tendered in accordance with the requirements of the Securities Exchange Act of 1934, as amended, and the rules thereunder and the applicable tender offer provisions set forth in the prospectus of the Fund. The price to be paid to repurchase the shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(d) hereof, less the Early Withdrawal Charge (as defined in the Prospectus of the Fund), if any, set forth in the Prospectus of the Fund. All payments by the Fund hereunder shall be made in the manner set forth below.
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Repurchase of Shares by the Fund. Shares of the Fund are not redeemable, but shall be repurchased by the Fund in accordance with its obligations as set forth in the Organizational Documents and the Prospectus relating to the Shares.
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Repurchase of Shares by the Fund. (a) Any of the outstanding shares may be tendered for repurchase pursuant to a tender offer made by the Fund, and the Fund agrees to repurchase the shares so tendered in accordance with the requirements of the Securities Exchange Act of 1934, as amended, and the rules thereunder and the applicable tender offer provisions set forth in the prospectus of the Fund. The price to be paid to repurchase the shares shall be equal to the net asset value calculated in accordance with the provisions of Section 3(d) hereof, less the Early Withdrawal Charge (as defined in the prospectus of the Fund), if any, set forth in the prospectus of the Fund. All payments by the Fund hereunder shall be made in the manner set forth below. The Fund shall pay the total amount of the repurchase price as defined in the above paragraph pursuant to the instructions of the Distributor or return the tendered shares promptly following the termination or withdrawal of the tender offer. The proceeds of any repurchase of shares shall be paid by the Fund as follows: (i) any applicable Early Withdrawal Charge shall be paid to the Distributor and (ii) the balance shall be
Sample 1
Repurchase of Shares by the Fund. (a) Any of the outstanding Shares may be tendered for repurchase pursuant to a tender offer made by the Fund, and the Fund agrees to repurchase the Shares so tendered in accordance with the applicable tender offer provisions set forth in the PPM of the Fund. The price to be paid to repurchase the Shares shall be equal to the NAV per Share, determined as set forth in the PPM. All payments by the Fund hereunder shall be made in the manner set forth below.
Sample 1

Related to Repurchase of Shares by the Fund

  • Sale of Shares by the Fund Unless you are otherwise notified by the Fund, any right granted to you to accept orders for Shares or to make sales on behalf of the Fund or to purchase Shares for resale will not apply to (i) Shares issued in connection with the merger or consolidation of any other investment company with the Fund or its acquisition, by purchase or otherwise, of all or substantially all of the assets of any investment company or substantially all the outstanding shares of any such company, and (ii) to Shares that may be offered by the Fund to shareholders of the Fund by virtue of their being such shareholders.

  • Repurchase of Shares If any share is repurchased by any of the Funds or is tendered thereto for redemption within seven business days after confirmation by us of the original purchase order from you for such security, you shall forthwith refund to us the full compensation paid to you on the original sale.

  • Repurchase or Redemption of Shares by the Fund 4.1 Any of the outstanding Shares may be tendered for redemption at any time, and the Fund agrees to repurchase or redeem the Shares so tendered in accordance with its Declaration of Trust as amended from time to time, and in accordance with the applicable provisions of the Prospectus. The price to be paid to redeem or repurchase the Shares shall be equal to the net asset value determined as set forth in the Prospectus. All payments by the Fund hereunder shall be made in the manner set forth in Section 4.2 below.

  • Sales of Shares by the Fund The Fund reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split and to sell shares to its shareholders or to other persons approved by Xxxxxx at not less than net asset value.

  • Purchase of Shares from the Fund 3.1 The Distributor shall have the right to buy from the Fund on behalf of investors the Shares needed, but not more than the Shares needed (except for clerical errors in transmission) to fill unconditional orders for Shares placed with the Distributor by investors or registered and qualified securities dealers and other financial institutions (selected dealers).

  • REPURCHASE OR REDEMPTION OF SHARES BY THE TRUST (a) Any of the outstanding Shares of the Funds may be tendered for redemption at any time, and the Funds agree to redeem or repurchase the Shares so tendered in accordance with its obligations as set forth in the Organic Documents and the Prospectus relating to the Shares.

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.

  • Sale of Shares by the Trust The Trust reserves the right to issue any Shares at any time directly to the holders of Shares ("Shareholders"), to sell Shares to its Shareholders or to other persons at not less than net asset value and to issue Shares in exchange for substantially all the assets of any corporation or trust or for the shares of any corporation or trust.

  • Sales of Shares by the Trust In addition to sales by the Distributor, the Trust reserves the right to issue shares at any time directly to its shareholders as a stock dividend or stock split or to sell shares to its shareholders or other persons at not less than net asset value to the extent that the Trust, its officers, or other persons associated with the Trust participate in the sale, or to the extent that the Trust or the transfer agent for its shares receive purchase requests for shares.

  • Purchase of Shares from each Fund The Shares are offered in four classes (each, a "Class"), as described in the Prospectus, as amended or supplemented from time to time.

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