Class G Shares definition

Class G Shares means the Class G Shares issued to the Class G Members having the rights, obligations and terms specified in this Agreement.

Class G Shares means Shares designated as “G” Participating Preference ordinary shares, the rights of which are set out in Annexure “A”, and the holders of which shall have their details reflected in the Securities Register;

Class G Shares means ordinary shares in the Fund issued as Class G

Examples of Class G Shares in a sentence

• Class G: Shares of the class G may be subscribed only by institutional investors in the sense of Art.

• Class G Shares and the base currency exposure versions thereof are only available to Institutional Investors who are approved by the Global Distributor and whose investment is covered by a suitable agreement with the Investment Manager or one of its Associates which specifically references the G Share Class and has an effective date on or after the launch of such class.

• Class G Shares will only be available for subscription until the total net asset value of the relevant Sub-Fund has reached or is greater than the amount specifically determined by the Investment Manager.

• If no performance fee has been payable with respect to any such series of Class G Shares, the Class G return amount will be the increase (after reduction for the management fee), if any, in the net asset value of such series since the issuance thereof.The “Class G hurdle amount” is an amount that is equal to a 5% annualized return on the net asset value of each series of such Class G Shares at the beginning of such Class G performance calculation period.

• The calculation assumes that there is a total of 223,020,643 Class A Shares outstanding, which is the sum of (i) the 214,793,795 Class A Shares outstanding as of December 6, 2021, as reported in the Prospectus filed by the Issuer with the Commission on December 30, 2021, and (ii) the 8,226,848 Class A Shares issuable upon conversion of 6,333,333 Class G Shares reported herein.

• Buying Shares Procedure:Class A Shares, Class G Shares, Class I Shares, Class A Euro Shares, Class I Euro Shares, Class A Euro Hedged Shares, Class A US Dollar Shares, Class E Shares and Class I US Dollar Shares.

• Where Class G Shares are held via an Intermediate Unitholder, the client of the Intermediate Unitholder must have such a written agreement in place with the ACD.

• Participation in a RSP for Class B Shares, Class C Shares, Class F Shares and Class G Shares is not available as at the date of this Singapore Prospectus.

• Class A Shares, Class B Shares, Class C Shares, Class F Shares, Class G Shares, Class M Shares, Class S Shares, Class N Shares and the STANLIB USD Short-Term Money Market Class are currently offered.

• Holders of Class A Shares, Class G Shares and the respective classes of Management Shares are entitled to their pro rata share of the Company’s surplus assets after the return of paid up capital on all shares in issue subject to the holders of Class A Shares and Class G Shares receiving priority distributions equivalent to an IRR of 12% per annum.

More Definitions of Class G Shares

Class G Shares means Ordinary Shares issued as Class G Shares whichmay be denominated in US Dollars, Euros, Sterling, Yen, Swiss Francs or Norwegian Krone and/or such other currency par value as the Directors may determine from time to time.

Class G Shares or “G Shares” means the class “G” Shares of the Company which shall be (i) granted with the rights provided by the applicable Law for “ordinary” shares and those set out in Article 46.2(b)(2), and (ii) subject to the restrictions and obligations applicable to Class B Shares (or Class E Shares or Class F Shares, should Class G Shares derive from the conversion of Class E Shares or, as the case may be, Class G Shares) (including, without limitation, the restrictions on Transfer of Shares and the Drag-Along Right) under these By-laws, to the maximum extent applicable and mutatis mutandis, as well as the other restrictions provided under these By-laws for Class G Shares. In light of the above, it remains understood that, for the sake of clarity, with respect to any right, restriction and obligation which, for the purposes of these By-laws, are attached to Class G Shares, any applicable reference to B Shareholders (or to Class E Shareholders or Class F Shareholders, as the case may be) shall be read as a reference to G Shareholders.