Examples of Class of Unit in a sentence
The minimum initial subscriptions, subsequent subscriptions and holdings levels for each Class of Unit are set out in Appendix I.
The Manager is entitled to receive an annual management fee accrued at each Dealing Day and payable monthly in arrears out of each Sub-Fund as a percentage of the Net Asset Value of each Class of Unit in a Sub-Fund at the rates stated in the table above.
The Income Unit is a separate Class of Unit to the Capital Units.
The minimum initial subscriptions, subsequent subscriptions and holdings levels for each Class of Unit in a Sub-fund are set out in Appendix I.
The price of each Class of Unit in the Fund will be calculated separately but any dilution adjustment will in percentage terms affect the price of Units of each Class identically.
The European Union’s meat industry is made up of almost one million workers2 and more than 32,000 companies, with its production representing 1.53% of the GDP of the EU-27.3The sector in Europe has been characterized for decades by social dumping as well as aggressive competition between companies at both national and cross-border levels, resulting in a race to the bottom in wages and working conditions.
The attributes and characteristics of each Class of Unit are set forth in the Trust Agreement.
If following a redemption, Switch or Conversion a holding in any Class of Unit should fall below the minimum holding for that Class, the ACS Manager has a discretion to effect a redemption of that Unitholder’s entire holding in that Class of Unit.
The annual fee payable to the Manager in respect of any present or future Class of Unit shall not exceed 2% per annum of the Net Asset Value of the Fund attributable to that Class.
If following a redemption, Switch or transfer, a holding in any Class of Unit should fall below the minimum holding for that Class, the Manager has the discretion to effect a redemption of that Unitholder’s entire holding in that Class of Unit.