Monthly investment plan Sample Clauses

Monthly investment plan. 3.1.1. You may apply for the establishment of a monthly investment plan by filling up the Bank's Buy, Switch or Sell Funds form. 3.1.2. Pursuant to the monthly investment plan you shall make monthly payments of a fixed minimum sum into your bank account specified in the Bank’s Buy, Switch or Sell Funds form. Such payments may be equal to or higher than the amount prescribed by the Manager of the relevant Fund regarding any regular investment scheme. 3.1.3. You will select the Units to be subscribed or purchased under the monthly investment plan. Payment for Units selected by you under the monthly investment plan will be debited from your bank account on a specific day of each month ("Debit Day") determined by the Bank. Where the Debit Day is a public holiday, the account will be debited the next business day. 3.1.4. Where any payment is made by you to the Bank for subscription of Units under the monthly investment plan in a currency other than the currency in which the Fund is denominated, The Bank shall be entitled to convert the currency in which payment is made to the Bank to the currency in which the Fund is denominated to make the necessary payment for the subscription at the rate of exchange determined by the Bank in its discretion two business days after Debit Day. 3.1.5. The period fixed for the monthly investment plan shall not be less than six (6) months or such other minimum period as may be determined by the Bank at its absolute discretion. The monthly investment plan will remain effective for the period fixed by the Bank or until the lapse of at least 30 days from the receipt of your written notice to terminate the monthly investment plan, whichever is the earlier. 3.1.6. In the event that the debit from your bank account for the monthly investment plan is unsuccessful no investment will be made in that month unless the Bank agrees to make the investment upon receipt of funds from you during that month. The monthly investment plan will be terminated if you have insufficient money in your bank account for debiting in three (3) consecutive months. Notification of such termination will be sent to you . 3.1.7. Units purchased under the monthly investment plan will be purchased at the prevailing price including all charges in relation to the Fund as stated in Prospectus on the Debit Day except where payment is made in the currency other than in the currency that the Fund is denominated, in which case Units will be purchased at the prevailing price ...
AutoNDA by SimpleDocs
Monthly investment plan. 4.1 The Client shall also be subject to this clause 4 in the event it makes subscriptions into the Fund(s) via AIML’s Monthly Investment Plan (the “Plan”) on the Application/Website. 4.2 Subject always to the Fee Schedule, AIML does not intend to charge any additional fees for the Client’s use of the Plan for subscriptions into the Fund(s). 4.3 The Client acknowledges and agrees to comply at all times with the minimum subscription amounts (the “Minimum Subscription Amount”) for the relevant Fund as set out in the relevant offering documents supplied by the relevant product issuer. 4.4 AIML shall debit the relevant amount from the Account held by AIML for and on behalf of the Client to make the regular contributions to the relevant Fund(s) selected by the Client and agreed by AIML in connection with the Plan on each scheduled dealing day of such Fund(s). Where foreign exchange conversion is required, the Client’s contributions shall be converted at market rates provided by the External Broker(s) / Custodian(s) or other bank as specified by AIML at its sole and absolute discretion from time to time. 4.5 The Client acknowledges that it must maintain sufficient funds in the Account held by AIML so that the regular contributions can be made for the subscription into the relevant Fund(s) in connection with the Plan. In the event of insufficient funds causing a failure to make a regular contribution into the relevant Fund(s), AIML will inform the Client of such failure via email or such other written manner as AIML deems reasonable at its sole and absolute discretion and the Client acknowledges that subscription into the relevant Fund(s) will not be made on the relevant scheduled dealing day due to insufficient funds. 4.6 Subject always to the Minimum Subscription Amount, the Client has the right to change its contribution amount under the Plan via the Application/Website in a manner as specified on the Application/Website from time to time. 4.7 The Client has the right to change the Fund(s) selected under the Plan via the Application/Website in a manner as specified on the Application/Website from time to time. 4.8 The Client has the right to redeem any or all of its units/shares in the Fund(s) selected under the Plan or to cancel the Plan via the Application/Website in a manner as specified on the Application/Website from time to time.
Monthly investment plan. Unisource shall establish a ----------------------- monthly investment plan for eligible Active Unisource Employees upon such terms as Unisource deems appropriate.

Related to Monthly investment plan

  • Monthly Investor Report On each Payment Date, the Indenture Trustee will deliver the Monthly Investor Report to each Noteholder of record as of the most recent Record Date (which delivery may be made by e-mail to the e-mail addresses in the Note Register without need for confirmation of receipt or by making the report available to the Noteholders through the Indenture Trustee’s website, which initially is located at xxxxx://xxxxxxxxxxxxxxxxxxxx.xxxxxxxxx.xxx).

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Payment Plan Despite the payment terms in Annexure B, We may, but are not obliged to, enter into a specific payment plan with You if You can demonstrate a financial need. However, any payment plans: (a) will require all Accommodation Fee payments to be made in advance; and (b) must be agreed by Us and You prior to the Commencement Date.

  • R E C I T A L The Board of Directors of the Company (the "Board of Directors") has authorized the granting to Optionee, for services previously rendered by Optionee as a consultant to the Company, of a non-qualified stock option to purchase the number of shares of Common Stock of the Company specified in Paragraph 1 hereof, at the price specified therein, such option to be for the term and upon the terms and conditions hereinafter stated.

  • E C I T A L S City is a municipal corporation duly organized and validly existing under the laws of the State of California with the power to carry on its business as it is now being conducted under the statutes of the State of California and the Charter of City.

  • R E C I T A L S The Company has heretofore been formed as a limited liability company under the Delaware Act (as defined below) pursuant to a Certificate of Formation filed with the Secretary of State of the State of Delaware on October 17, 2022.

  • Distribution Plans You shall also be entitled to compensation for your services as provided in any Distribution Plan adopted as to any series and class of any Fund’s Shares pursuant to Rule 12b-1 under the 1940 Act. The compensation provided in any such Distribution Plan (a “12b-1 Plan”) may be divided into a distribution fee and a service fee, as set forth in such Plan and the Fund’s then current prospectus and statement of additional information (“SAI”), each of which is compensation for different services to be rendered to the Fund. Subject to the termination provisions in a 12b-1 Plan, any distribution fee with respect to the sale of a Share subject to such Plan shall be earned when such Share is sold and shall be payable from time to time as provided in the 12b-1 Plan. The distribution fee payable to you as provided in any 12b-1 Plan shall be payable without offset, defense or counterclaim (it being understood by the parties hereto that nothing in this sentence shall be deemed a waiver by the Fund of any claim the Fund may have against you).

  • Distribution Date 13 DTC...........................................................................................13

  • Certificate Distribution Account The Certificate Distribution Account shall be established as a non-interest bearing trust account pursuant to Section 4.1 of the Sale and Servicing Agreement. Funds on deposit in the Certificate Distribution Account shall be held uninvested. The Certificateholders shall possess all beneficial right, title and interest in and to all funds on deposit from time to time in the Certificate Distribution Account and all proceeds thereof. Except as otherwise provided herein, in the Indenture or in the Sale and Servicing Agreement, the Certificate Distribution Account shall be under the sole dominion and control of the Certificate Paying Agent for the benefit of the Certificateholders. If, at any time, the Certificate Distribution Account ceases to be an Eligible Account, the Servicer on behalf of the Issuer, shall, within ten (10) Business Days (or such longer period) after becoming aware of the fact, establish a new Certificate Distribution Account as an Eligible Account and shall direct the Certificate Paying Agent to transfer any cash then on deposit in the Certificate Distribution Account to such new Certificate Distribution Account.

  • C E P T A N C E The above-mentioned Agreement in respect of the Shares is hereby accepted by RVPlus Inc. DATED at Jersey City, New Jersey the 7th day of September, 2012. Per: /s/ Xxxx Xxx Xxxxxxxx, CEO Authorized Signatory All capitalized terms herein, unless otherwise defined, have the meanings ascribed thereto in the Debt Settlement Agreement. This Questionnaire is for use by each Subscriber who is a US person (as that term is defined Regulation S of the United States Securities Act of 1933 (the “ 1933 Act ”)) and has indicated an interest in purchasing Shares of RVPlus Inc. (the “ Company ”). The purpose of this Questionnaire is to assure the Company that each Subscriber will meet the standards imposed by the 1933 Act and the appropriate exemptions of applicable state securities laws. The Company will rely on the information contained in this Questionnaire for the purposes of such determination. The Shares will not be registered under the 1933 Act in reliance upon the exemption from registration afforded by Section 3(b) and/or Section 4(2) and Regulation D of the 1933 Act. This Questionnaire is not an offer of the Shares or any other securities of the Company in any state other than those specifically authorized by the Company. All information contained in this Questionnaire will be treated as confidential. However, by signing and returning this Questionnaire, each Subscriber agrees that, if necessary, this Questionnaire may be presented to such parties as the Company deems appropriate to establish the availability, under the 1933 Act or applicable state securities law, of exemption from registration in connection with the sale of the Shares hereunder. The Subscriber covenants, represents and warrants to the Company that it satisfies one or more of the categories of “Accredited Investors”, as defined by Regulation D promulgated under the 1933 Act, as indicated below: ( Please initial in the space provided those categories, if any, of an “Accredited Investor” which the Subscriber satisfies.) _________ Category 1 An organization described in Section 501(c)(3) of the United States Internal Revenue Code, a corporation, a Massachusetts or similar business trust or partnership, not formed for the specific purpose of acquiring the Shares, with total assets in excess of US $5,000,000. _________ Category 2 a natural person whose individual net worth, or joint net worth with that person’s spouse, at the date of this Certification exceeds US $1,000,000, excluding the value of the primary residence of such person(s) and the related amount of indebtedness secured by the primary residence up to its fair market value. _________ Category 3 A natural person who had an individual income in excess of US $200,000 in each of the two most recent years or joint income with that person’s spouse in excess of US $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year. _________ Category 4 A “bank” as defined under Section (3)(a)(2) of the 1933 Act or savings and loan association or other institution as defined in Section 3(a)(5)(A) of the 1933 Act acting in its individual or fiduciary capacity; a broker dealer registered pursuant to Section 15 of the Securities Exchange Act of 0000 (Xxxxxx Xxxxxx); an insurance company as defined in Section 2(13) of the 1933 Act; an investment company registered under the Investment Company Act of 1940 (United States) or a business development company as defined in Section 2(a)(48) of such Act; a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 0000 (Xxxxxx Xxxxxx); a plan with total assets in excess of $5,000,000 established and maintained by a state, a political subdivision thereof, or an agency or instrumentality of a state or a political subdivision thereof, for the benefit of its employees; an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974 (United States) whose investment decisions are made by a plan fiduciary, as defined in Section 3(21) of such Act, which is either a bank, savings and loan association, insurance company or registered investment adviser, or if the employee benefit plan has total assets in excess of $5,000,000, or, if a self-directed plan, whose investment decisions are made solely by persons that are accredited investors. _________ Category 5 A private business development company as defined in Section 202(a)(22) of the Investment Xxxxxxxx Xxx xx 0000 (Xxxxxx Xxxxxx). _________ Category 6 A director or executive officer of the Company. _________ Category 7 A trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Shares, whose purchase is directed by a sophisticated person as described in Rule 506(b)(2)(ii) under the 1933 Act. _________ Category 8 An entity in which all of the equity owners satisfy the requirements of one or more of the foregoing categories. If the Subscriber is an entity which initialed Category 8 in reliance upon the Accredited Investor categories above, state the name, address, total personal income from all sources for the previous calendar year, and the net worth (exclusive of home, home furnishings and personal automobiles) for each equity owner of the said entity: The Subscriber hereby certifies that the information contained in this Questionnaire is complete and accurate and the Subscriber will notify the Company promptly of any change in any such information. If this Questionnaire is being completed on behalf of a corporation, partnership, trust or estate, the person executing on behalf of the Subscriber represents that it has the authority to execute and deliver this Questionnaire on behalf of such entity.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!