Distributor Shares definition

Distributor Shares means, in respect of any Fund, all Shares of such Fund the Month of Original Purchase of which occurs on or after the Inception Date for such Fund and on or prior to the Distributor Last Sale Cut-off Date in respect of such Fund.
Sample 1Sample 2Sample 3
Distributor Shares means, in respect of any Fund, all Shares of such Fund the Month of Original Purchase of which occurs on or after the Distributor Inception Date and on or prior to the Distributor Last Sale Cut-off Date in respect of such Fund.
Sample 1Sample 2Sample 3
Distributor Shares means Shares in respect of which net income is to be distributed and which represents, subject to the Articles, an interest in such number (including fractions) of undivided parts in the net assets of the Fund to which it relates.
Sample 1

Examples of Distributor Shares in a sentence

  • Where application for Shares is made by an applicant through an Authorised Distributor, Shares may be registered in the name of the Authorised Distributor or a nominee company of the Authorised Distributor.

  • This means that investors buying Class B EUR Distributor Shares buy a percentage of net income, and the corresponding portion of the Offering Price (the equalisation payment) will be notionally credited by the Company to an equalisation account for the Sub-Fund.

  • In the absence of significant fluctuations between the redemption and issue of Class B EUR Distributor Shares, the Directors may choose not to consider equalisation when determining distributions to Shareholders or to pay to such Shareholders any excess of equalisation credits over debits.

  • Such dividend will be paid in the currency of the relevant share class of the Sub-Fund in the case of Distributor Shares and may only be paid out of the distributable profits of the relevant class net of all expenses and liabilities of or attributable to such class, subject to the provisions of this Offering Memorandum.

  • In that case the Custodian shall carry the remaining balance in the “distribution account” forward to the next relevant accounting period.On or before the relevant income allocation date, the Custodian shall allocate the available income to the Shareholders rateably in accordance with the number of Class B EUR Distributor Shares held by them on the Dividend Cut-Off Date.

  • Equalisation Account The Offering Price of any Class B EUR Distributor Shares generally contains an element representing the accrued income earned by those Class B EUR Distributor Shares since the start of the relevant Interim Period.

  • This means that investors buying Class B EUR Distributor Shares and/ or Class D EUR Distributor Shares buy a percentage of net income, and the corresponding portion of the Offering Price (the equalisation payment) will be notionally credited by the Company to an equalisation account for the Sub-Fund.

  • In the absence of significant fluctuations between the redemption and issue of Class B EUR Distributor Shares and/ or Class D EUR Distributor Shares, the Directors may choose not to consider equalisation when determining distributions to Shareholders or to pay to such Shareholders any excess of equalisation credits over debits.

  • When an equalisation payment has been effected, any subsequent dividends in relation to the relevant Class B EUR Distributor Shares, Class D EUR Distributor Shares and Class G GBP Distributor Shares shall include an amount corresponding to the aforesaid equalisation payments and paid out of the equalisation account.

  • Nonetheless the Shareholder may, at any time inform the Company of alternative arrangements for the direct crediting of subsequent dividends.Shareholders may also elect to have their dividends (less any withholding tax deductible upon payment thereof) reinvested in further Class B EUR Distributor Shares and/ or Class D EUR Distributor Shares and/or Class G GBP Distributor Shares in the Sub-Fund.

Related to Distributor Shares

  • licensed distributor means any holder of a distribution licence.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Distributor means a person who distributes.

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • the Products means all products and associated documentation to be supplied under this Contract;

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Wine distributor means a person who buys wine from

  • Your Products means products developed or to be developed by or for You that include an Intel Component executing the Materials. 2.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Hemp products means all products made from industrial hemp,

  • Acquired Shares has the meaning set forth in the Recitals.

  • Vapor product means any:

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Distributors means the authorized distributors, agents, sub-distributors of Quick Heal, selling Quick Heal range of products, including sales through Internet.

  • embedded distributor means a distributor who is not a wholesale market participant and that is provided electricity by a host distributor;

  • Authorized Distributor means a Distributor distributing product within the terms of an Original Component Manufacturer (OCM) or the Original Equipment Manufacturer (OEM) contractual agreement. Contractual Agreement terms include, but are not limited to, distribution region, distribution products or lines, and warranty flow down from the OCM/OEM. Under this distribution, the distributor would be known as an Authorized Distributor. The term Franchised Distributor is considered synonymous with Authorized Distributor.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Cannabis products means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Wholesale distributor means any person engaged in wholesale distribution of prescription drugs

  • Designated Products means products provided by Motorola to Licensee with which or for which the Software and Documentation is licensed for use.