Class I-B Shares definition
Examples of Class I-B Shares in a sentence
Appendix A to the Agreement, setting forth the Portfolios of the Trust for which the Distributor is authorized to distribute Class IB Shares, is hereby replaced in its entirety by Appendix A attached hereto.
Appendix A to the Agreement and Amendments, setting forth the Portfolios of the Trust for which the Distributor is authorized to distribute Class IB Shares, is hereby replaced in its entirety by Appendix A attached hereto.
The compensation payable for sales of Class IB Shares is as follows: Rule 12b-1 Fee: 25 basis points beginning immediately for all Class IB Shares.
The Trust hereby authorizes the Distributor to participate in the distribution of Class IB Shares of the EQ/Alliance Premier Growth Portfolio, the Capital Guardian Research Portfolio, the Capital Guardian U.S. Equity Portfolio and the Capital Guardian International Portfolio (the "New Portfolios") on the terms and conditions contained in the Agreement.
This Agreement may also be terminated with respect to any Portfolio at any time without penalty by the vote of a majority of the members of the Board of Trustees of the Trust who are not “interested persons” (as such term is defined in the 1940 Act) and who have no direct or indirect financial interest in the l 2b-1 Plan relating to such Portfolio or any agreement relating to such Plan, including this Agreement, or by a vote of a majority of the Class IB Shares of such Portfolio on 60 days’ written notice.
The aggregate net asset value of the Acquiring Fund Class IB Shares to be so credited to the corresponding Target Fund Shareholders shall be equal to the aggregate net asset value of the corresponding Target Fund's shares owned by the Target Fund Shareholders on the Valuation Date.
To the extent that FAIP decides to finance distribution expenses pursuant to Rule 12b-1, FAIP undertakes to have its Board of Directors, a majority of whom are not "interested" persons of FAIP, formulate and approve any plan under Rule 12b-1 to finance distribution expenses." IT IS HEREBY FURTHER AGREED that Schedule A to the Participation Agreement is hereby amended to add the Class IB Shares.
The Acquiring Fund shall issue and deliver to the Secretary of the Target Fund a confirmation evidencing the Acquiring Fund Class IB Shares to be credited on the Closing Date, or provide other evidence satisfactory to the Target Fund that such Acquiring Fund Class IB Shares have been credited to the Target Fund Shareholders' accounts on the books of the Acquiring Fund.
Such distribution and liquidation will be accomplished, with respect to the Target Fund's shares, by the transfer of the Acquiring Fund Class IB Shares then credited to the account of the Target Fund on the books of the Acquiring Fund to open accounts of Class IB Shares on the share records of the Acquiring Fund in the names of the Target Fund Shareholders on a pro rata basis.
Government Fund - Class IB Shares ▇▇▇▇▇▇ VT Vista Fund - Class IB Shares Variable Annuity distributed through ▇▇▇▇▇ Fargo offers the following Authorized Funds as investment options: ▇▇▇▇▇▇ VT International Growth Fund - Class IB Shares ▇▇▇▇▇▇ VT Vista Fund - Class IB Shares American Enterprise Variable Life Account, established July 15, 1987.