Class II Shares definition

Class II Shares. 25 bps, on an annualized basis, of the average daily account value of all assets in the Portfolios in connection with the Contracts held in Class II shares (“Aggregated Assets”), provided, however, that the fee is subject to change pursuant to Paragraph (c) below. The fee (the “Total Fee”) shall include and not be in addition to the payment by IDI of the 12b-1 fees received by IDI from Ivy VIP relating to the Aggregated Assets.
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Class II Shares bps, on an annualized basis, of the Aggregated Assets of the Contracts held in Class II shares.
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Class II Shares means the Class II Shares, par value US$0.0001 per share, of the Company.
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Examples of Class II Shares in a sentence

  • For Class II Shares only, when normal operating expenses of a Fund exceed these expense ratios, the Investment Manager will waive its fees and absorb other expenses of the Fund to maintain the set expense ratio.

  • The Company’s policy is to pay dividends quarterly on its Class I and Class II Shares.

  • Earnings per Class I Non-Voting (Class I) and Class II Voting (Class II) Share are calculated by dividing the earnings attributable to Class I and Class II Shares by the weighted average shares outstanding.

  • Class I and Class II Shares.............................................................................................................................................................

  • These items are not included in adjusted earnings.More information on these and other items is included in the Reconciliation of Adjusted Earnings to Earnings Attributable to Class I and Class II Shares section of this MD&A.

  • Earnings attributable to Class I and Class II Shares include timing adjustments related to rate- regulated activities, unrealized gains or losses on mark-to-market forward and swap commodity contracts, one-time gains and losses, impairments, and items that are not in the normal course of business or a result of day-to-day operations.

  • If a group of F-16 and A-10 need to receive fuel, thecalculations for required fuel can be individually calculated and then summed, or an average can be estimated.Another gross assumption in the tanker employment model is that when determining required missions, one type of tanker aircraft will provide the fuel.

  • FEES AND EXPENSES GeneralThe Investment Manager and the Company have agreed that the ordinary operating expenses of the Class II Shares of the following funds shall be set at the following ratios as measured by the percentage of net assets:- FSSA China Growth Fund - 2.25%; FSSA Asian Growth Fund - 2.3%; and FSSA Indian Subcontinent Fund - 3%.

  • If an offer to purchase all Class II Shares is made, and such offer is accepted and taken up by the owners of a majority of the Class II Shares, and if, at the same time, an offer is not made to the Class I Share owners on the same terms and conditions, then the Class I Shares will be entitled to the same voting rights as the Class II Shares.

  • If an offer to purchase all Class II Shares is made, and such offer is accepted and taken up by the owners of a majority of the Class II Shares, and, if at the same time, an offer is not made to the Class I Share owners on the same terms and conditions, then the Class I Shares will be entitled to the same voting rights as the Class II Shares.


More Definitions of Class II Shares

Class II Shares means the voting interests in the Company designated Class II Shares as provided on Schedule A hereto.
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Class II Shares has the meaning set forth in the Recitals. ---------------
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Class II Shares means, subject to the discretion of the Directors and to meeting the applicable
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Related to Class II Shares

  • Class A Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.