Distributor Shares definition

Distributor Shares means, in respect of any Fund, all Shares of such Fund the Month of Original Purchase of which occurs on or after the Inception Date for such Fund and on or prior to the Distributor Last Sale Cut-off Date in respect of such Fund.
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Distributor Shares means Shares in respect of which net income is to be distributed and which represents, subject to the Articles, an interest in such number (including fractions) of undivided parts in the net assets of the Fund to which it relates.
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Examples of Distributor Shares in a sentence

  • Clause (C) sets forth the rules to be followed by the Transfer Agent for each Fund and the record owner of each Omnibus Account in determining what portion of the Asset Based Sales Charge (as hereinafter defined) payable in respect of each class of Shares of such Fund and what portion of the CDSC (as hereinafter defined) payable by the holders of Shares of such Fund is attributable to Distributor Shares and Post-distributor Shares, respectively.

  • Clause (B) sets forth the rules to be followed by the Transfer Agent for each Fund and the record owner of each Omnibus Account (as hereinafter defined) in maintaining records relating to Distributor Shares and Post-distributor Shares.

  • For example, the Asset Based Sales Charges attributable to Distributor Shares on any day shall be computed and allocated as follows: A * (B/C) where: A = Total amount of Asset Based Sales Charge accrued in respect of such Shareholder Account (other than an Omnibus Account) on such day.

  • B = Number of Distributor Shares reflected in such Shareholder Account (other than an Omnibus Account) on the close of business on such day C = Total number of Distributor Shares and Post-distributor Shares reflected in such Shareholder Account (other than an Omnibus Account) and outstanding as of the close of business on such day.

  • The Transfer Agent shall, based on the records maintained by the record owner of such Omnibus Account, allocate the Asset Based Sales Charge accruing in respect of each Omnibus Account on each day among all Sub-shareholder Accounts reflected in such Omnibus Account on an equal per share basis based upon the total number of Distributor Shares and Post-distributor Shares reflected in each such Sub-shareholder Account as of the close of business on such day.

  • TRANSFER AGENT PROCEDURES FOR DIFFERENTIATING AMONG DISTRIBUTOR SHARES AND POST-DISTRIBUTOR SHARES Amounts (in respect of Asset Based Sales Charges (as hereinafter defined) and CDSCs (as hereinafter defined) in respect of Shares (as hereinafter defined) of each Fund (as hereinafter defined) shall be allocated between Distributor Shares (as hereinafter defined) and Post-distributor Shares (as hereinafter defined) of such Fund in accordance with the rules set forth in clauses (B) and (C).

  • Taking into consideration Wong Tak Keong’s proposed subscription of 60,000 Power Root Distributor Shares as set out in Ordinary Resolution 1, Wong Tak Keong’s effective equity interest in Superwrapz will be 10.1% whereby he will hold a direct interest of 5% and an indirect interest of 51% through Power Root Distributor, respectively in Superwrapz.

  • As at the LPD, the total issued share capital of Power Root Distributor is RM3 comprising three (3) Power Root Distributor Shares which have been issued and are fully paid-up.

  • January 31, 2002 Distributor Shares of the Fund are distributed exclusively through Morgan Stanley Distribution, Inc.

  • Distributor Shares of the Fund are distributed exclusively through Morgan Stanley Distribution, Inc.

Related to Distributor Shares

  • licensed distributor means any holder of a distribution licence.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Distributor means a person who distributes.

  • Masterworks Shares has the meaning set forth in Section 2.8(c).

  • Net Shares has the meaning provided in Section 2.12 hereof.

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

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

  • the Products means all products and associated documentation to be supplied under this Contract;

  • 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.

  • Your Products means products developed or to be developed by or for You that include an Intel Component executing the Materials.

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

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Hemp products means all products made from industrial hemp,

  • Acquired Shares has the meaning set forth in the Recitals.

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

  • Distributors means the authorized distributors, agents, sub-distributors of Quick Heal, selling Quick Heal range of products, including sales through Internet.

  • embedded distributor means a distributor who is not a wholesale market participant and that is provided electricity by a host distributor;

  • Authorized Distributor means a Distributor distributing product within the terms of an Original Component Manufacturer (OCM) or the Original Equipment Manufacturer (OEM) contractual agreement. Contractual Agreement terms include, but are not limited to, distribution region, distribution products or lines, and warranty flow down from the OCM/OEM. Under this distribution, the distributor would be known as an Authorized Distributor. The term Franchised Distributor is considered synonymous with Authorized Distributor.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Cannabis products means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

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

  • Wholesale distributor means any person other than a manufacturer, a manufacturer's co-licensed

  • Designated Products means products provided by Motorola to Licensee with which or for which the Software and Documentation is licensed for use.

  • End Products as used in this clause, means those articles, materials, and supplies to be acquired for public use under this contract.

  • Seller Products means all products and services that are being manufactured or performed by Seller at any time, other than Logic Business Products that are being manufactured or performed by Seller as of the Closing Date.