Reinvestment Program. If I participate in the Cross- Reinvestment Program, distributions from eligible mutual funds in my Account that I select may be automatically reinvested into shares of certain eligible mutual funds of my choosing (“cross-reinvestment security”) for which I have received a current prospectus. Generally on the same business day as the distribution payment, Xxxxxx Xxxxx will invest the funds received on my behalf into shares of the cross-reinvestment security, which will settle on the following business day. The price paid for such cross-reinvestment security will be the public offering price of the security as determined in its prospectus. The cross-reinvestment of distributions from one mutual fund to another mutual fund is generally only permitted among affiliated funds and may otherwise be limited by the terms of the funds’ prospectuses.
Reinvestment Program. If I participate in the Cross- Reinvestment Program, dividends from securities and/or distributions from eligible mutual funds in my Account that I select may be automatically reinvested into shares of certain eligible mutual funds of my choosing (“Cross-Reinvestment Security”) for which I have received a current prospectus. Generally, for non-mutual fund securities, on the business day prior to the distribution payment date, Xxxxxx Xxxxx will invest the funds received on my behalf into shares of the Cross-Reinvestment Security, which will settle on the following business day. Generally, for mutual funds, on the same business day as the distribution payment, Xxxxxx Xxxxx will invest the funds received on my behalf into shares of the Cross-Reinvestment Security, which will settle on the following business day. The price paid for such Cross-Reinvestment Security will be the public offering price of the security, as determined in its prospectus. The cross-reinvestment of distributions from one mutual fund to another mutual fund is generally only permitted among affiliated funds and may otherwise be limited by the terms of the funds’ prospectuses.
Reinvestment Program. All Limited Partners shall automatically be enrolled into the Reinvestment Program unless the Limited Partner decides to opt-out. The Reinvestment Program shall be outlined in the Memorandum.
Reinvestment Program. If I have authorized and instructed Xxxxxx Xxxxx to begin and to continue until further notice from me the reinvestment of distributions (dividends and/or interest payments) on certain securities that are presently held on my behalf at Xxxxxx Xxxxx (the “owned securities”) into an equity security designated by me (the “reinvestment security”) to be purchased as outlined below, I accept the terms of the reinvestment program that are set forth below:
Reinvestment Program. If I participate in the Cross- Reinvestment Program, dividends from securities and/ or distributions from eligible mutual funds as selected by my Financial Advisor and included in my Account may be automatically reinvested into shares of certain eligible mutual funds as determined by my Financial Advisor (“Cross- Reinvestment Security”). The securities, eligible mutual funds and/or Cross-Reinvestment Securities selected by my Financial Advisor may change from time to time. Generally, for non-mutual fund securities, on the business day prior to the distribution payment date, Xxxxxx Xxxxx will invest the funds received on my behalf into shares of the Cross-Reinvestment Security, which will settle on the following business day. Generally, for mutual funds, on the same business day as the distribution payment, Xxxxxx Xxxxx will invest the funds received on my behalf into shares of the Cross-Reinvestment Security, which will settle on the following business day. The price paid for such Cross-Reinvestment Security will be the public offering price of the security, as determined in its prospectus. The cross-reinvestment of distributions from one mutual fund to another mutual fund is generally only permitted among affiliated funds and may otherwise be limited by the terms of the funds’ prospectuses.
Reinvestment Program. Issuer shall furnish Trust Company with a list of shareholders who have elected to reinvest dividends in additional shares. With respect to those shareholders, Trust Company shall on the designated payment date for the dividend, automatically reinvest all such dividends in additional shares for the benefit of the electing shareholders. In its capacity as Transfer Agent and Registrar Trust Company will issue certificates or credit the accounts of shareholders not holding certificates representing the amount of the dividends reinvested. For the purpose of paying dividends in the form of stock, Issuer shall calculate the net asset value in accordance with the current registration statement and Rule 2a-4 under the Investment Company Act of 1940 and Trust Company shall issue shares or credit accounts in accordance therewith.
