Class L Shares means Class L Shares in the Company as set forth in the relevant
Class L Shares. For transfer agency services provided directly by Janus Services, Class L Shares of the Trust shall compensate Janus Services a fee, calculated and payable for each day that this Agreement is in effect, of 1/365 (or 1/366 in a leap year) of 0.12% of the daily closing net asset value of Class L Shares of each portfolio on assets sold directly to shareholders. To compensate Janus Services for its costs in engaging Intermediaries, Class L Shares shall compensate Janus Services in the amount of 1/365 (or 1/366 in an leap year) of 0.25% of the daily closing net asset value of Class L Shares of each portfolio on assets sold through Intermediaries.
Examples of Class L Shares in a sentence
You can not include any investments in the Class I or Class L Shares of the X.X. Xxxxxx Money Market Funds or in the JPMorgan 529 U.S. Government Money Market Portfolio when calculating the reduced sales charges.
All purchased Class L Shares (whether newly purchased for cash or through the Rollover) to be fully vested with no repurchase rights.
More Definitions of Class L Shares
Class L Shares means Class L Shares in the Company as set forth in the relevant Supplement relating to each Fund;
Class L Shares means Class L Shares in the capital of BEST Discoveries.
Class L Shares means Shares designated as “L” 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 L Shares means the Class L First Preferred Shares of the Purchaser to be issued to the Vendor pursuant to Article 2.2;