Core Units definition

Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.
Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the date of issue. However, such Units are transferable with this condition and shall rank pari passu with all other Units save for this restriction. Any transfer of these Core Units, during the first two years of their issue, shall be affected only on the receipt by the Transfer Agent of a written acceptance of this condition by the transferee.
Core Units means units issued to the Seed Capital Investors.

Examples of Core Units in a sentence

  • Any transfer of these Core Units, during the first two years of their issue, shall be affected only on the receipt by the Transfer Agent of a written acceptance of this condition by the transferee.

  • The Core Investors shall be issued with Core Units representing their subscriptions.

  • Restricted I Core Units) Units issued to the Core Investors with no Sales Load.

  • These Core Units are not redeemable for a period of first two years from the date of the closure Initial Offer Period.

  • The above core investors have subscribed an aggregate sum of Rs. 250,000,000 towards the purchase of 25,000,000 Core Units of Rs.10 each.


More Definitions of Core Units

Core Units means such Units of the Scheme that are issued to Core Investors at Par Value with the condition that these are not redeemable for a period of two (2) years from the close of Initial Offering Period. However, such restricted Units are transferable with this condition and shall rank pari passu with all other Units save for this restriction. Any transfer of these Core Units, during the period starting from their issue till the close of two (2) years from Initial Offering Period, shall be affected only on the receipt by the Registrar/Transfer Agent of a written acceptance of this condition by the transferee. Particulars of the Core Investor(s) shall be included in the Offering Document that shall be issued for the Trust.
Core Units means such Units of the Scheme that are issued to Core Investors with the condition that Units worth at least rupees fifty million (Rs. 50,000,000/-) are not redeemable for a period of two (2) years from the Initial Period. However, such Units are transferable with this condition and shall rank pari passu with all other Units save for this restriction. Any transfer of these Core Units, during the first two (2) years of their issue, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.
Core Units means such Units of the Scheme that are issued to Core Investors at Par
Core Units means such Units of the Sub-Funds that are issued to Core Investors with the condition that these are not redeemable/ transferable/ tradable for a minimum period of three years from the date of issue. Except for the above condition, such Units shall all rank pari passu with all other Units.
Core Units means those production units within the Dedication Area identified as “Core Units” on the map attached hereto as Exhibit A-1.
Core Units meanss such Units of the Fund that are issued to Core investors with the condition that these are not redeemable for a period of two years from the date of issue. Such Units are transferable with this condition and shall rank pari passu with all other Units save for this restriction. These Units are categorized in the Register as category “B” Units.
Core Units means such Units of the Fund that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the date of issue. Such Units are transferable with this condition