Issue of Units. Initially, Units may be purchased on the Initial Subscription Day at the Initial Subscription Price. Thereafter, Units are available at the Subscription Price on each Subscription Day. The Management Company has absolute discretion to accept or reject in whole or in part any application for Units. Consequently, the Management Company reserves the right to reject subscription applications from investors that do meet the eligibility requirements of a particular Class.
Appears in 6 contracts
Samples: Unit Trust Agreement, Unit Trust Agreement, Unit Trust Agreement