Deferred Sales Charge definition

Deferred Sales Charge means the "deferred sales fee" as described in the Prospectus.
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Deferred Sales Charge means any deferred sales charge payable in accordance with the provisions of Section 3.14 hereof, as set forth in the prospectus for a Trust. Definitions following this definition (9) shall be renumbered.
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Deferred Sales Charge means any deferred sales charge payable in accordance with the pro- visions of Section 3.12 hereof, as set forth in the pro- spectus for a Trust. Definitions following this defini- tion (9) shall be renumbered.
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Examples of Deferred Sales Charge in a sentence

  • The term "Deferred Sales Charge Payment Dates" shall mean the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • The proceeds of such sales, less any amounts paid to the Trustee in reimbursement of its advances, shall be credited to the Deferred Sales Charge Account.

  • If the Trust is terminated for reasons other than that set forth in Section 6.01(g), the Trustee shall, if so provided in the related Prospectus on the termination of the Trust, withhold from the proceeds payable to Unit holders an amount equal to the unpaid portion of the deferred sales charge and distribute such amount to the Deferred Sales Charge Account.

  • If a Unit holder redeems Units prior to full payment of the deferred sales charge, the Trustee shall, if so provided in the related Prospectus, on the Redemption Date, withhold from the Redemption Price payable to such Unit holder an amount equal to the unpaid portion of the deferred sales charge and distribute such amount to the Deferred Sales Charge Account.

  • The term "Deferred Sales Charge Payment Dates" for a Trust shall mean the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.


More Definitions of Deferred Sales Charge

Deferred Sales Charge means any charge that is applied against the redemption proceeds to a Unitholder for an early redemption where the Unitholder has subscribed using the Deferred Sales Charge Option (see “Purchase Options”)
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Deferred Sales Charge means the charge (if any) that is applied against the redemption proceeds payable to a Trust Unitholder for an early redemption of Class A Trust Units, which charge is set out in the subscription agreement entered into between the Subscriber and the Trust in respect of the Class A Trust Units. See “Purchase Option”.
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Deferred Sales Charge or “DSC” means any charge that is applied against the redemption proceeds to a Unitholder for an early redemption where the Unitholder has subscribed using the Deferred Sales Charge Option (see “Item 7: Compensation Paid to Sellers and Finders – Purchase Options”).
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Deferred Sales Charge. For each withdrawal from a Certificate Holder's Account, a deferred sale charge for each Net Purchase Payment will be determined as follows: Years from Receipt of Deferred Net Purchase Payment Sales Charge Waiver of Deferred Section 8.05 provides for the following: Sales Charge: (c) At least 12 months after the date of the first Purchase Payment in an amount equal to or less than 15% of the Certificate Holder's Account Value.
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Deferred Sales Charge means the sales charge payable by a Unitholder with respect to Units purchased under a Deferred Sales Charge Option;
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Deferred Sales Charge. The meaning assigned to it in Section 3.12.
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Deferred Sales Charge means any deferred sales charge payable in accordance with the provisions of Section 3.12 hereof, as set forth in the Prospectus for a Trust."
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