Sales of Shares by the Fund Sample Clauses

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.
AutoNDA by SimpleDocs
Sales of Shares by the Fund. The rights granted to the Distributor shall be nonexclusive in that the Fund reserves the right to sell Shares to investors on applications received and accepted by the Fund.
Sales of Shares by the Fund. The Fund reserves the right to issue or sell Shares of the Portfolio(s) directly to the public at any time.
Sales of Shares by the Fund. The Distributor will promptly transmit any orders received by it for purchase or exchange of the Shares to the Fund’s transfer agent. In addition to sales by the Distributor, the Fund 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 Fund, its officers, or other persons associated with the Fund that participate in the sale, or to the extent that the Fund or its transfer agent for its Shares receive purchase requests for Shares.

Related to Sales of Shares by the Fund

  • Sale of Shares by the Issuer The rights granted to Distributors shall be nonexclusive in that the Issuer reserves the right to sell its shares to investors on applications received and accepted by the Issuer. Further, the Issuer reserves the right to issue shares in connection with the merger or consolidation, or acquisition by the Issuer through purchase or otherwise, with any other investment company, trust, or personal holding company.

  • Acquisition of Shares by Third Party Other than an affiliate of Compass Digital SPAC LLC (the “Sponsor”), any Person (as defined below) is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities entitled to vote generally in the election of directors, unless (1) the change in the relative Beneficial Ownership of the Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares entitled to vote generally in the election of directors, or (2) such acquisition was approved in advance by the Continuing Directors (as defined below) and such acquisition would not constitute a Change in Control under part (iii) of this definition;

Time is Money Join Law Insider Premium to draft better contracts faster.