class of Shares definition

class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

class of Shares refer to each class of Shares into which the Shares of any Multi-Class Series may from time to time be divided in accordance with the provisions of Article III.

class of Shares means each class of shares of beneficial interest of the Fund designated pursuant to the Declaration of Trust.

Examples of class of Shares in a sentence

• The Directors shall cause minutes to be made in books kept for the purpose of recording all appointments of Officers made by the Directors, all proceedings at meetings of the Company or the holders of any class of Shares and of the Directors, and of committees of the Directors, including the names of the Directors present at each meeting.

• Appropriate adjustments to reflect the distribution of such securities or property shall be made to the number and/or class of Shares subject to this Section 5 and Section 3.

• Certificates for Shares of each series or class of Shares shall be in such form and of such design as the Trustees shall approve, subject to the right of the Trustees to change such form and design at any time or from time to time, and shall be entered in the records of the Trust as they are issued.

• The Directors shall cause minutes to be made in books kept for the purpose of recording all appointments of officers made by the Directors, all proceedings at meetings of the Company or the holders of any class of Shares and of the Directors, and of committees of the Directors, including the names of the Directors or alternate Directors present at each meeting.

• Notwithstanding anything to the contrary herein, Company agrees that any delivery of Shares or Share Termination Delivery Property shall be effected by book-entry transfer through the facilities of DTC, or any successor depositary, if at the time of delivery, such class of Shares or class of Share Termination Delivery Property is in book-entry form at DTC or such successor depositary.

More Definitions of class of Shares

class of Shares shall refer to the division of Shares into two or more classes as provided in Article VI hereof.

class of Shares means any division of Shares into two or more Classes within a Series in accordance with the provisions of Article V.

class of Shares refers to the division of Shares into one or more classes as provided in Section 6.1.

class of Shares means a class of Shares within each Sub-Fund which may differ from other classes of Shares within the same or another Sub-Fund in respect of the type of investor, its distribution policy or such other features as the Directors may determine.

class of Shares means shares having identical rights, privileges, limitations and conditions;

class of Shares means, with respect to any PPF, each class of shares of capital stock designated in the Articles Supplementary with respect to such PPF.

class of Shares means, as applicable, the Class A, Class B and Class L shares of beneficial interest of the Fund designated pursuant to the Trust's Amended and Restated Declaration of Trust dated as of September 28, 2001.