Distribution Class definition

Distribution Class means Euro Class Shares, Sterling Class Shares, Sterling Institutional Shares "Distribution Class Shares, Euro Institutional Distribution Class Shares and US Dollar Class Shares;
Sample 1Sample 2Sample 3
Distribution Class means a Class which declares and pays distributions in accordance with the applicable distribution policies.
Sample 1Sample 2
Distribution Class means a Class of a Sub-Fund which declares and pays distributions in accordance with the applicable distribution policies. “Class” means any class of Units in the relevant Sub-Fund which may be designated as a class distinct from another class in the relevant Sub-Fund as may be determined by the Managers from time to time.
Sample 1

Examples of Distribution Class in a sentence

  • Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1.

  • The Administrator shall pay dividends, attributable to the Distribution Class Shares, in cash by electronic transfer.

  • Distributions will commence only after a period of at least 6 months following the inception of the relevant Distribution Class (or after such other period as we may determine at our sole discretion).

  • It is intended that the Distribution Classes will make sufficient distributions of income attributable to the relevant Distribution Class during each Financial Year in order to satisfy a UK Shareholder’s liability to tax on such distributions and under the reporting fund rules.

  • Investors should note that both Distribution Class Shares and Accumulation Class Shares are available in respect of the Fund.

  • Distribution Policy If sufficient net income is available in the Fund attributable to the Distribution Class Shares, the Directors’ current intention is to pay at their discretion a dividend of substantially the whole of the net income (including interest and dividend income less expenditure and liabilities) to holders of Distribution Class Shares in each calendar year.

  • If sufficient net income is available in the Fund, attributable to the Distribution Class Shares, the Directors’ current intention is to pay at their discretion a dividend of substantially the whole of the net income (including interest and dividend income less expenditure and liabilities) to holders of Distribution Class Shares in each calendar quarter.

  • The Fund will pay the Investment Manager a basic management fee of 1.5% per annum (plus VAT if any) in respect of the Euro Distribution Class and 0.75% per annum (plus VAT if any) in respect of the Euro Institutional Accumulation Class.

  • The Euro Distribution Class Shares were admitted to the Official List and to trading on the Main Securities Market of Euronext Dublin on 3 April 2012.

  • The distribution policy applicable to O Distribution Class Units is set out in Part 4.


More Definitions of Distribution Class

Distribution Class means any class of Shares as designated in the Special Section for the relevant Sub-Fund where distributions will be made.
Sample 1
Distribution Class means a class of Units where the income attributable to that class is distributed in whole or in part;
Sample 1
Distribution Class means a class of Units where the income attributable to that class is distributed in whole or in part (namely, the I Distribution Class and the O Distribution Class);
Sample 1
Distribution Class means a class of the Sub-Fund which declares and pays distributions in accordance with the applicable distribution policies, and is referenced as "Dist".
Sample 1

Related to Distribution Class

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

  • Group II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Companion Class With respect to each Lower Tier Regular Class, any Class of Trust Fund Certificates appearing opposite such Lower Tier Regular Class in the Lower Tier Schedule.

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Lower-Tier REMIC Distribution Account The account or accounts created and maintained as a separate account (or separate sub-account within the same account as the Upper-Tier REMIC Distribution Account) or accounts by the Certificate Administrator pursuant to Section 3.05(b) of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2020-GC46, Commercial Mortgage Pass-Through Certificates, Series 2020-GC46, and the Uncertificated VRR Interest Owner, Lower-Tier REMIC Distribution Account” and which must be an Eligible Account. The Lower-Tier REMIC Distribution Account shall be an asset of the Lower-Tier REMIC.

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

  • Super Senior Certificates As specified in the Preliminary Statement.

  • Distribution Amount means the principal amount of $42,500,000 for each of the COP Swap Counterparties, plus interest, on and after October 15, 2014, on the unpaid Net Amount at the rate applicable to obligations under the Postpetition Financing Agreement, payable in cash in the manner set forth in the COP Swap Settlement Agreement.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).

  • REMIC III Distribution Amount The REMIC III Available Distribution Amount for any Distribution Date shall be distributed to the Certificates and the Class R-3 Residual Interest in the following amounts and priority:

  • Class B-2 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).

  • Class B-3 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-3 Certificates pursuant to Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Regular Certificates As specified in the Preliminary Statement.

  • Class B-1 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-1 Certificates pursuant to Paragraphs fifth, sixth and seventh of Section 4.01(a).

  • Upper-Tier REMIC Distribution Account The trust account or accounts created and maintained as a separate trust account (or separate sub-account within the same account as the Lower-Tier REMIC Distribution Account) or accounts by the Certificate Administrator pursuant to Section 3.05(b) of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Deutsche Bank Trust Company Americas, as Trustee, for the benefit of the registered Holders of Citigroup Commercial Mortgage Trust 2017-P7, Commercial Mortgage Pass-Through Certificates, Series 2017-P7, Upper-Tier REMIC Distribution Account” and which must be an Eligible Account.

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • Senior Certificates As specified in the Preliminary Statement.