Class Value definition

Class Value shall have the meaning ascribed to such term in the Trust Agreement.
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Class Value means, with respect to any Class of a Fund, the liquidation value of such Fund attributable to such Class, and specifically with regard to the Initial Funds, as set forth in Section 4.4.
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Class Value means, with respect to a particular Class, the sum at any time of the Fund Class Values of such Class for all of the Funds;
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Examples of Class Value in a sentence

  • If the Closing Trading Price for a Share of a Fund on any Business Day is not based on one or more trades occurring on the Exchange during the last 30 minutes of that day, the Closing Trading Price for that day will be deemed not to have deviated from such Share’s Class Value per Share on that day for the purposes of measuring for a Corrective Distribution.

  • The Sponsor shall continuously measure for any material deviation between the Class Value per Share of each Class of each Initial Fund and the Closing Trading Prices of such Class’ Shares where the Closing Trading Prices are based on one or more trades occurring within the last 30 minutes of trading.

  • Changes in the Class Value of each Class shall be based on changes in the Fund’s Underlying Index and Net Investment Income and, in the case of the AccuShares Spot CBOE VIX Fund, the VIX Fund Daily Amount, and limited by the Class Value per Share Limitation.

  • Except as provided in Section 7.3 hereof, no Shareholder shall be bound by, or be personally liable for, the Expenses of the Trust or any Fund in excess of the Class Value per Share attributable to such Shareholder’s Shares.

  • The Class Value per Share of each Share of a Fund will be calculated by the Sponsor or the Custodian for the Fund appointed pursuant to Section 10.1 hereof by taking its Class’ Class Value and dividing it by the number of Shares of such Class outstanding at the time of determination.

  • The Sponsor may, in its sole and absolute discretion, allocate a Fund’s extraordinary fees and expenses to each of such Fund’s Classes in proportion to the Class Value of such Class.

  • Value Fund Value Fund A Class Value Fund B Class Value Fund C Class Value Fund Institutional Class Retirement Income Fund (Added November 29, 1996) Retirement Income Fund A Class Retirement Income Fund B Class Retirement Income Fund C Class Retirement Income Fund Institutional Class 5.

  • As of January 31, 2001, for each Director consenting to serve if elected the following presents the beneficial ownership of those Directors , who are not and would not be considered "interested persons" of the Fund: (1) (2) (3) (4) (5) (6) Name of Director or Nominee Name of Owners and Relationships to Director or Nominee Company Title and Class Value of Shares of Capital Stock beneficially owned directly or indirectly as of January 31, 2001 Percent of Class F.

  • The Sponsor may, in its sole and absolute discretion, cause any Initial Fund to declare a forward share split or a reverse share split with respect to its Up Shares or Down Shares, and in the event of any such forward share split or reverse share split the Class Value per Share of such Class shall be adjusted accordingly.

  • The total number of shares of stock of each class which the Corporation shall have authority to issue and the par value of each share of each class of stock are as follows: No. of Par Authorized Class Value Sales Total Common $0.001 40,000,000 $40,000 Preferred $0.001 10,000,000 10,000 Totals: 50,000,000 $50,000 SIXTH: Directors.


More Definitions of Class Value

Class Value has the meaning specified in Section 9.3 of the Contract;
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Related to Class Value

  • Class A Monthly Interest shall have the meaning specified in subsection 4.02(a).

  • Class A Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class A Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of such day; provided, however, that with respect to the first Monthly Period, the Class A Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • Class A-1 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of the actual number of days in such Interest Period and a year assumed to consist of 360 days) on the Class A‑1 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑1 Rate or, in the case of the first Payment Date, on the Class A‑1 Initial Principal Balance.

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Class B Monthly Interest shall have the meaning specified in subsection 4.02(b).

  • Class A-3 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑3 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑3 Rate or, in the case of the first Payment Date, on the Class A‑3 Initial Principal Balance.

  • Class C Monthly Interest is defined in Section 4.1(c).