Deferred Sales Charge Option definition

Deferred Sales Charge Option means the Regular Deferred Sales Charge Option, the Low Load Sales Charge Option or the Low Load 2 Sales Charge Option;
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Deferred Sales Charge Option. DSC option”) means one of the purchase fee options available under the terms of the contract;
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Deferred Sales Charge Option means the Regular Deferred Sales Charge Option, the Low- Load Sales Charge Option or the Low-Load 2 Sales Charge Option whereby a deferred sales charge may be payable by the Unitholder to the Manager on the redemption of Series A Units, Series C Units, Series A1 Units, Series A2 units or Series A3 Units;
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Examples of Deferred Sales Charge Option in a sentence

  • Investor C Shares — Deferred Sales Charge Option If you select Investor C Shares, you do not pay an initial sales charge at the time of purchase.

  • You can switch to securities of another fund under the Deferred Sales Charge Option at any time without paying a deferred sales charge.

  • The Manager may end or restrict purchases under a Deferred Sales Charge Option at any time.

  • Ontario Securities Commission Notice and Request for Comment – Proposed Ontario Securities Commission Rule 81-502 Restrictions on the Use of the Deferred Sales Charge Option for Mutual Funds and Proposed Companion Policy 81-502 to Ontario Securities Commission Rule 81-502 Restrictions on the Use of the Deferred Sales Charge Option for Mutual Funds and Related Consequential Amendments was published on February 20, 2020 by the Ontario Securities Commission.

  • Any Deferred Sales Charge Option that is payable by the investor to the Manager will be deducted from the redemption proceeds.

  • Purchases Under a Deferred Sales Charge Option Under a Deferred Sales Charge Option, the entire amount of an investor's subscription is applied to the purchase of Series A Units at a price per Unit equal to its Net Asset Value per Unit, as described under "Purchase of Units", without deduction of a sales charge.

  • Deferred Sales Charge Option You do not pay a commission when you buy Series A shares under the deferred sales charge option (the shares purchased under the deferred sales charge option are referred to as “DSC Securities”) because we pay your dealer a commission in the amount of 5% of the amount you invest.

  • Under the Regular Deferred Sales Charge Option, the Deferred Sales Charge percentage is 6% in the first year and declines to nil after the sixth year after purchase.

  • Series A Units, Series H Units and Series T Units must be purchased using either a Front-End Sales Charge Option or a Deferred Sales Charge Option.

  • Issue 7: Enforcement of rules and consequencesThe existing rules are relevant, however, the challenge is family/friends; members not obeying the rules.


More Definitions of Deferred Sales Charge Option

Deferred Sales Charge Option means an option for purchasing Units whereby the entire amount of the subscription is applied to the purchase of Units without deduction of a sales charge but where a deferred sales charge payable by the subscriber will generally apply if the Units are redeemed or redesignated within seven years from the purchase date. See “Investing in the Fund – Purchase Options”;
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Deferred Sales Charge Option means an option for purchasing eligible Units of the Funds whereby the entire amount of the subscription is applied to the purchase of eligible Units without deduction of a sales charge. A redemption charge payable to the Manager or such person as the Manager directs (and collected by the Fund for the Manager) will generally apply if eligible Units are redeemed prior to the termination of the Deferred Sales Charge Schedule based on the purchase date;
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Deferred Sales Charge Option means the Regular Deferred Sales Charge Option, the Low-Load Sales Charge Option or the Low-Load 2 Sales Charge Option whereby a deferred sales charge may be payable by the Unitholder to the Manager on the redemption of Series A Units;
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Deferred Sales Charge Option means an option for purchasing Class “A2” Units of the MultiManager Funds whereby the entire amount of the subscription is applied to the purchase of Class “A” or “A2” Units without deduction of a sales charge. A redemption charge payable to the Manager or such person as the Manager directs (and collected by the Fund for the Manager) will generally apply if Class “A” or “A2” Units are redeemed within seven years from the purchase date;
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Related to Deferred Sales Charge Option

  • Deferred Sales Charge means the "deferred sales fee" as described in the Prospectus.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Performance Date means December 31, 2025. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Noteholders’ Monthly Interest Distributable Amount means, with respect to any Distribution Date and any Class of Notes, interest accrued at the respective Interest Rate during the applicable Interest Period on the principal amount of the Notes of such Class outstanding as of the end of the prior Distribution Date (or, in the case of the first Distribution Date, as of the Closing Date), calculated (x) for the Class A-1 Notes and the Class A-2-B Notes on the basis of a 360-day year and the actual number of days elapsed in the applicable Interest Period and (y) for all other Classes of Notes on the basis of a 360-day year consisting of twelve 30-day months (without adjustment for the actual number of business days elapsed in the applicable Interest Period), except with respect to the first Interest Period.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.