Commission Shares definition

Commission Shares means shares of the Portfolio or another portfolio the redemption of which would, in the absence of the application of some standard waiver provision, give rise to the payment of a CDSC and shall include Commission Shares which due to the expiration of the CDSC period no longer bear a CDSC.
Sample 1Sample 2Sample 3
Commission Shares means Class B Shares of the Fund or another fund the redemption of which would, in the absence of the application of some standard waiver provision, give rise to the payment of a CDSC and shall include Commission Shares which due to the expiration of the CDSC period no longer bear a CDSC.
Sample 1Sample 2Sample 3
Commission Shares means more than one Commission Share;
Sample 1Sample 2Sample 3

Examples of Commission Shares in a sentence

  • CDSCs in respect of the redemption of Non-Omnibus Commission Shares shall be allocated to the Distributor or a Successor Distributor depending upon whether the related redeemed Commission Share is attributable to the Distributor or such Successor Distributor, as the case may be, in accordance with Part I above.

  • The Transfer Agent shall maintain on a daily basis in respect of each Shareholder Account (other than Omnibus Accounts) a Cost Accumulation Amount representing the total of the Original Purchase Amounts paid by such Shareholder Account for all Commission Shares reflected in such Shareholder Account as of the close of business on each day.

  • There shall be allocated to the Distributor and each Other Distributor all Commission Shares of such Portfolio which have a Date of Original Issuance which occurs during the period such Distributor or such Other Distributor, as the case may be, was the exclusive distributor for the Shares of the Portfolio, determined in accordance with the transfer agent records maintained for such Portfolio.

  • Distributor shall be those Non-Omnibus Commission Shares the Date of Original Issuance of which occurs after the date such Successor Distributor became the exclusive distributor of Class 529-B shares of the Fund and on or prior to the date such Successor Distributor ceased to be the exclusive distributor of Class 529-B shares of the Fund.

  • Free shares of a Fund outstanding on any date shall be attributed to the Underwriter or any Successor Underwriter, as the case may be, in the same proportion that the Commission Shares of such Fund outstanding on such date are attributed to it on such date; provided that if the Transfer Agent is able to produce monthly reports which track the Date of original Issuance for the Commission Shares related to such Free Shares, then the Free Shares shall be allocated pursuant to clause 1(a), (b) and (c) above.

  • B = Commission Shares and Free Shares which are Omnibus Shares deemed to be attributed to the Distributor or such Other Distributor, as the case may be, and outstanding as of the close of business on the last day of the immediately preceding calendar month in accordance with this paragraph (C).

  • Omnibus Shares of a Fund outstanding on any date shall be attributed to the existing Principal Servicer or a subsequent Principal Servicer as the case may be, in the same proportion that outstanding Commission Shares of such Fund are attributed to it on such date.

  • Free Shares of a Fund outstanding on any date shall be attributed to the existing Principal Servicer or a subsequent Principal Servicer as the case may be, in the same proportion that the Commission Shares of such Fund outstanding on such date are attributed to it on such date.

  • The services rendered by the Distributor for which the Distributor is entitled to receive the Distributor's Allocable Portion of the Distribution Fee shall be deemed to have been completed at the time of the initial purchase of the Commission Shares (whether of the Fund or another Fund in the Xxxxxxx Group of Funds) taken into account in computing the Distributor's Allocable Portion.

  • A = Average Net Asset Value of all the Commission Shares (or all Shares if available) of all Funds for such calendar month attributed to the existing Principal Servicer or such subsequent Principal Servicer, as the case may be B = Total average Net Asset Value of all Commission Shares (or all Shares if available) of all Funds for such calendar month.


More Definitions of Commission Shares

Commission Shares means shares of the Company or another portfolio the redemption or repurchase of which would, in the absence of the application of some standard waiver provision, give rise to the payment of a CDSC and shall include Commission Shares which due to the expiration of the CDSC period no longer bear a CDSC.
Sample 1Sample 2Sample 3
Commission Shares means the $.01 par value common stock of the Company to be issued to the Placement Agents in the amount designated on Schedule A to the Subscription Agreement.
Sample 1Sample 2
Commission Shares has the meaning given in Clause 4.3(b);
Sample 1
Commission Shares means all Shares of any Fund other than Shares originally issued in connection with the automatic reinvestment of dividends paid by such Fund.
Sample 1
Commission Shares means the registered shares of Common Stock issued by the Company to the Purchaser upon each purchase of Purchase Shares hereunder, as provided in Section 2.3.
Sample 1

Related to Commission Shares

  • Commission Share means each C share issued under circumstances which would normally give rise to an obligation of the holder of such share to pay a CDSC upon redemption of such share (including, without limitation, any C share issued in connection with a permitted free exchange), and any such share shall continue to be a Commission Share of the applicable Fund prior to the redemption (including a redemption in connection with a permitted free exchange) or conversion of such share, even though the obligation to pay the CDSC may have expired or conditions for waivers thereof may exist.

  • Underlying Shares means the shares of Common Stock issued and issuable upon conversion or redemption of the Debentures and upon exercise of the Warrants and issued and issuable in lieu of the cash payment of interest on the Debentures in accordance with the terms of the Debentures.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Purchased Securities has the meaning assigned in the Terms;

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Private Shares shall have the meaning given in the Recitals hereto.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

  • Broker Warrants has the meaning ascribed to such term in Section 12 hereof;