Allocable Portion definition

Allocable Portion for purposes of this Plan, means (1) if there is one Distributor, all Earned Distribution and Earned Servicing Fees; or (2) if there are two or more Distributors, the portion of the Earned Distribution Fee and Earned Servicing Fee allocated to a Distributor in accordance with any allocation procedures to which each Distributor shall agree and which accurately allocates the Earned Distribution and Earned Servicing Fees among all Distributors in proportion to the outstanding New Class X Shares attributable to their respective efforts.

Allocable Portion means the a fraction, the numerator of which is the Average Accounts (as defined below) of the Funds involved in the early Termination and the denominator of which is the Average Accounts of all Funds; and

Allocable Portion means with respect to the share of any Seller in a particular amount that fraction equal to the number of Target Shares the Seller holds as set forth in §4(b) of the Disclosure Schedule over the total number of outstanding Target Shares.

Examples of Allocable Portion in a sentence

• At such time as the Distributor’s Allocable Portion of the Distribution Fees equals zero, the Successor Distributor shall become the Distributor for purposes of this Allocation Schedule.

• The Distributor may sell and assign its right to its Allocable Portion (but not its obligations to the Fund under the Agreement) of the Distribution Fee to a third party, and such transfer shall be free and clear of offsets or claims the Fund may have against the Distributor, it being understood that the Fund is not releasing the Distributor from any of its obligations to the Fund under the Agreement or any of the assets the Distributor continues to own.

• The Fund may agree, at the request of the Distributor, to pay the Allocable Portion of the Distribution Fee directly to the third party transferee.

• Notwithstanding the foregoing or paragraph 6, below, any amendment or termination of this Plan shall not affect the rights of the Distributor to receive its Allocable Portion of the Distribution Fee, unless the termination constitutes a Complete Termination of this Plan as described in paragraph 1 above.

• The Distributor’s Allocable Portion of Distribution Fees and CDSCs in respect of Class C shares shall be 100% until such time as the Distributor shall cease to serve as exclusive distributor of Class C shares; thereafter, collections that constitute CDSCs and Distribution Fees relating to Class C shares shall be allocated among the Distributor and any successor distributor (“Successor Distributor”) in accordance with this Schedule.

More Definitions of Allocable Portion

Allocable Portion shall have the meaning set forth in Section 2.03.

Allocable Portion means the portion of a Shared Liability for which RemainCo or SpinCo shall be responsible under Article VII hereof, which shall be allocated between such entities equally.

Allocable Portion means, in respect of Distribution Fees payable in respect of the Class B shares of any series as applied to any Distributor, the portion of such Distribution Fees and CDSCs allocated to such Distributor in accordance with the Allocation Schedule (as hereinafter defined). For purposes of this Plan, the term "Complete Termination" of this Plan means, in respect of any series, a termination of this Plan involving the cessation of payments of Distribution Fees hereunder in respect of Class B shares of such series and the cessation of payments of distribution fees pursuant to every other rule 12b-1 plan of the Trust in respect of such series for every future class of shares which, in the good faith determination of the Board of Trustees of the Trust, has substantially similar economic characteristics to the Class B shares taking into account the total sales charge, contingent deferred sales charge and other similar charges, it being understood that the existing Class A shares and existing Class C shares do not have substantially similar economic characteristics to the Class B shares. For purposes of this Plan, the term "Allocation Schedule" means, in respect of the Class B shares of any series, a schedule which shall be approved in the same manner as this Plan as contemplated by Section 4 hereof for assigning to each Distributor of Class B shares of such series the portion of the total Distribution Fees payable by the Trust in respect of the Class B shares of such series which has been earned by such Distributor, which shall be attached to and become a part of any Distribution Agreement in respect of Class B shares provided that where there is only one Distributor at any given time, the Allocation Schedule shall mean all of the total Distribution Fees payable by the Trust in respect of the Class B shares of such series which has been earned by such Distributor. For purposes of clause (I) of the first sentence of this Section 2, the term "Initial Issue Commission Share" shall mean, in respect of any series, a Class B share which is a Commission Share issued by such series under circumstances other than in connection with a permitted free exchange with another fund. For purposes of the foregoing definition, a "Commission Share" shall mean, in respect of any series, each Class B share of such series which is issued under circumstances which would normally give rise to an obligation of the holder of such Class B share to pay a CDSC upon redemption of such share, in...

Allocable Portion means, in respect of Distribution Fees payable in respect of the Class B Shares of any series as applied to any Principal Distributor, the portion of such Distribution Fees and CDSCs allocated to such Principal Distributor in accordance with the Allocation Schedule (as hereinafter defined). For purposes of this Plan, the term “Complete Termination” of this Plan means, in respect of any series, a termination of this Plan involving the cessation of payments of Distribution Fees hereunder in respect of Class B Shares of such series and the cessation of payments of distribution fees pursuant to every other rule 12b-1 plan of the Fund in respect of such series for every future class of shares which, in the

Allocable Portion means, in respect of Distribution Fees and CDSCs payable in respect of the Class B Shares of any series as applied to you, the portion of such Distribution Fees allocated to you in accordance with the Allocation Schedule attached hereto as Exhibit A.

Allocable Portion means, with respect to CRG, the CRG Allocable Portion, and with respect to Fiesta, the Fiesta Allocable Portion.

Allocable Portion means a percentage based upon the portion of ownership interest in the Companies allocable to each Seller as set forth on the Sellers’ Schedule.