Examples of Class IB in a sentence
Schedule 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 Schedule A attached hereto.
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.
Class IB liquids are flammable liquids that have a flash point < 73 deg F and a boiling point > 100 deg F.Class IC liquids are flammable liquids that have a flash point > 73 deg F, but < 100 deg F.Class II liquids are combustible liquids that have a flash point > 100 deg F, but < 140 deg F (60 deg C).
Schedule 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 Schedule A attached hereto.
Certain of such payments by the Company may, under Rule 12b-1 (the "Rule") under the Investment Company Act of 1940, as amended (the "Act"), be deemed to constitute the financing of distribution by the Company of its Class IB shares.
The expenditures to be made by the Company pursuant to this Plan, and the basis upon which such expenditures will be made, shall be determined by the Company, and in no event shall such expenditures exceed 0.25% of the average daily net asset value of the Class IB shares of the Company (determined in accordance with the Company's prospectus as from time to time in effect) on an annual basis to cover distribution expenses.
The Distributor shall provide the Board of Directors and the Board of Directors, and, in particular, the Independent Directors, shall review, in the exercise of their fiduciary duties, at least quarterly, a written report of the amounts expended with respect to the Class IB shares of the Company by the Distributor under this Plan and the Principal Underwriting Agreement and the purposes for which such expenditures were made.
The Distributor shall provide the Board of Directors and the Board of Directors, and, in particular, the Independent Directors, shall review, in the exercise of their fiduciary duties, at least quarterly, a written report of the amounts expended with respect to the Class IB shares of the Fund by the Distributor under this Plan and the Principal Underwriting Agreement and the purposes for which such expenditures were made.
This Plan may not be amended to increase materially the maximum amount of the fees payable by the Fund hereunder without the approval of a majority of the outstanding voting Class IB shares of the Fund.
As used in this Plan, the terms "majority of the outstanding voting Class IB shares" shall have the same meaning as the phrase "majority of the outstanding voting securities" has in the Act, and the phrase "interested person" and "assignment" shall have the same meaning as that phrase has in the Act.