Examples of Class C-1 Shares in a sentence
The CDSC on Class C1 Shares is subject to reduction or waiver in certain circumstances, as permitted by Rule 6c-10 under the 1940 Act and as described in the Funds’ respective prospectuses or statements of additional information as from time to time in effect.
For Class C1 Shares Purchases of Class C1 Shares that are redeemed within 12 months of purchase are subject to a CDSC of 1.00% of the lesser of the purchase price or the NAV of the Shares redeemed.
With respect to an exchange of Class A or Class C1 Shares for Shares of the same class in another Fund, the holding period for determining any CDSC applicable to such Shares will include the holding period of the Shares exchanged.
No dividend/distribution declared, paid or set aside shall be paid to anyone unless and until all dividends for Class C Shares (applicable to all Class C-1 Shares, Class C-2 Shares and Class C-3 Shares) at a simple rate of 6% of the Class C issue price per annum have been paid in full.
In no event shall Class C-1 Shares be convertible into Class C-2 Shares.
Additionally, both machines have high-quality, optimized hardware, such as the MIPS central processing unit, that is specifically designed for ‘number crunching’ operations.
The Trust is authorized to engage in the activities listed above, and in any other activities related to the distribution of Class C-1 Shares, either directly or through other persons with which the Trust has entered into agreements related to this Plan.
With respect to an exchange of Class A, Class A2 or Class C1 Shares for Shares of the same class in another Fund, the holding period for determining any CDSC applicable to such Shares will include the holding period of the Shares exchanged.
Upon Xxxxxxxx’s Representative’s notification to Xxxxxx’s Representative regarding such noncompliance, Xxxxxxxx’s Representatives and Xxxxxx’s Representative shall jointly review the issue and if both parties reasonably agree that there is such a noncompliance with any of the above, Tenant shall immediately take all steps to cause the construction of the Project to comply with all of the above in accordance with this Agreement.
A separate NAV per share is calculated for each class.The Directors have authorised the issue of the following share classes of the Sub−Funds: Class A SharesClass B SharesClass C Shares Class C1 Shares Class C2 Shares Class D Shares Class F Shares Class G Shares Class J Shares Class X Shares The limits for minimum initial subscription, minimum additional subscription and minimum holding amount for any Sub−Fund or share class may be waived or reduced at the discretion of the Directors.