Examples of Class S in a sentence
Class S: These shares may be subscribed only by institutional investors in the sense of Art.
Authorized CapitalThe Company is authorized to issue preferred stock and four classes of common stock consisting of Class T shares, Class S shares, Class D shares, and Class I shares.
Class S shares are reserved for institutional investors that have entered into an agreement with the Management Company and are being charged an investment management fee separately.
Under accounting principles generally accepted in the United States of America (“GAAP”), we accrue the full cost of the stockholder servicing fee as an offering cost at the time we sell Class S, Class T and Class D shares.
Stockholder servicing fees only apply to Class S, Class T and Class D shares.