Ambit definition
Examples of Ambit in a sentence
The Client can choose and invest in multiple products of Ambit Investment Advisors Pvt.
Indicative tenure / Investment Horizon: 3-5 years Investment Structure and ReportingThe Ambit Coffee Can Portfolio shall be operated on “Client Level” basis.
The accounting firm engaged to make the determinations hereunder shall provide its calculations, together with detailed supporting documentation, to you and Ambit within seven (7) business days after the date on which your right to a Payment is triggered (if requested at that time by you or Ambit) or at such earlier time as requested by you or Ambit.
The accounting firm engaged by Ambit for general tax purposes shall perform the foregoing calculations.
In the event you so request that such a vote be taken, you agree to execute a waiver and enter into such additional agreements as may be reasonably requested by Ambit in relation thereto, including, without limitation, agreeing that the portion of such payments that would otherwise, if made, result in your becoming liable for the Excise Tax will not be made if the required stockholder approval is not obtained.
Indicative tenure / Investment Horizon: 3-5 years Investment Structure and ReportingThe Ambit Good & Clean Multi Cap Fund shall be operated on “Client Level” basis.
Ambit shall bear all expenses with respect to the determinations by such accounting firm required to be made hereunder.
Any good faith determinations of the accounting firm made hereunder shall be final, binding and conclusive upon you and Ambit.
If the accounting firm determines that no Excise Tax is payable with respect to a Payment, either before or after the application of the Reduced Amount, it shall furnish you and Ambit with an opinion reasonably acceptable to you that no Excise Tax will be imposed with respect to such Payment.
Any Success Fee to which you become entitled hereunder shall be paid in the same forms (i.e., in cash, stock and/or other property) and in the same proportions as the Aggregate Gross Proceeds are paid by the acquirer in such Covered Transaction to Ambit’s stockholders or Ambit, as applicable.