Class C Share definition

Class C Share means a class C non-voting share of the Company;

Class C Share on any day means a fraction whose numerator is the Class C Balance and whose denominator is the sum of the Class C Balance and the Class R-1 Balance, in each case on that day.

Class C Share means a Class C ordinary share of a par value of US$0.0001 in the share capital of the Company.

Examples of Class C Share in a sentence

• Each Class A, Class B and Class C Share shall be subject to such sales charges, if any, as may be established from time to time by the Trustees in accordance with the Investment Company Act of 1940 (the "1940 Act") and applicable rules and regulations of the National Association of Securities Dealers, Inc., all as set forth in the Fund's prospectus.

• Each Class A, Class B and Class C Share shall be subject to such sales charges, if any, as may be established from time to time by the Trustees in accordance with the Investment Company Act of 1940 (the "1940 Act") and applicable rules and regulations of the National Association of Securities Dealers, Inc., all as set forth in the Trust's prospectus.

• Subject to the termination provisions in the Class C Plan, the distribution fee with respect to the sale of a Class C Share shall be earned when such Class C Share is sold and shall be payable from time to time as provided in the Class C 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).

• The Distributor shall be considered to have performed all services so as to entitle it to the right to the payment of the Class C Distribution Fee with respect to the first year following issuance of each Class C Share so long as with respect to the Class C Distribution Fee, the Plan with regard to such Class C Shares continues pursuant to its term and the right to payment of the CDSC with respect to each Class C Share upon the settlement date of the redemption of such Class C Share.

• Each Class B and Class C Share of the Trust shall be converted automatically, and without any action or choice on the part of the Shareholder thereof, into Class A Shares of the Trust at such times and pursuant to such terms, conditions and restrictions as may be established by the Trustees and as set forth in the Trust's Prospectus.

More Definitions of Class C Share

Class C Share means a share of “Class C Common Stock” as defined in the PubCo Charter.

Class C Share means the Company’s Class C ordinary shares with a per share par value of US$0.0001 each having the rights set out in the Memorandum and these Articles.

Class C Share means a share of the class C shares in the capital of Western created pursuant to Section 3.01(c)(iii) and issued pursuant to Section 3.01(d);

Class C Share means a share of Class C common stock of the Company, or any other securities of the Company as may be designated by the Board from time to time in substitution for the Class C common stock.

Class C Share means a Partnership Interest representing a fractional part of the Partnership Interests of all Limited Partners, and having the rights and obligations specified with respect to Class C Shares in this Agreement. The Class C Shares are non-economic interests that (i) do not include any rights to receive distributions from operations or upon the liquidation or winding-up of the Partnership, and (ii) have limited voting and amendment approval rights as described in Section 13.13.

Class C Share means a redeemable senior preferred share of $0.01 in the capital of the Company which may be issued from time to time to a non-defaulting Shareholder pursuant to clause 6.8 and to an Electing Holder pursuant to clause 6.10 in exchange for cash subscriptions. Each Class C Share shall be redeemable (at the option of the Company only) and shall carry no voting rights or economic rights other than the right to receive preferential dividends of 15.00% per annum and the right (for each Class C Share) to receive $1.00 on a winding up or on a redemption, plus any accrued and unpaid preferential dividends of 15.00% per annum on each Class C Share, as provided in clauses 7.1(c) and (d). The subscription price per Class C Share shall be $1.00.

Class C Share means a share of Class C common stock of Genesis, $0.001 par value per share.