Exchange Charge means the charge, if any, payable on the exchange of Shares as is specified in the Supplement for the relevant Fund;
Exchange Charge means the charge, if any, payable on the exchange of Shares as is specified herein;
Examples of Exchange Charge in a sentence
Shareholders may be subject to an Exchange Charge on the exchange of any Shares up to a maximum of 3% of the Net Asset Value of the Shares in the original Fund, as specified in the relevant Supplement.
Details of the Exchange Charge payable are included in the section entitled “Key Information Regarding Share Transactions”.
Details of any Exchange Charge will be set out in the relevant Supplement.
The general provisions and procedures relating to the issue and repurchase of Shares will apply equally to exchanges, save in relation to charges payable, details of which are set out below and in the relevant Supplement.An Exchange Charge of up to 1.5% per cent of the repurchase value of the Shares being exchanged may be charged by the Company on the exchange of Shares, but is charged only if exchanges are in excess of five in a calendar year.
An Exchange Charge of up to 3% of the Repurchase Price of the Shares being exchanged may be charged by the Company on the exchange of Shares.
More Definitions of Exchange Charge
Exchange Charge means the charge, if any, payable on the exchange of Shares as
Exchange Charge means the charge, if any, on exchange of Shares of any Class for
Exchange Charge means the fee paid by Class H Institutional, E Class, M Retail, G Retail and RClass Shareholders. The Exchange Charge is generally payable to the Distributor and/or repaid to participating brokers, certain banks and other financial intermediaries in connection with the exchange of Class H Institutional, E Class, M Retail, G Retail and R Class. Details of the Exchange Charge payable are included in the section entitled “Key Information Regarding Share Transactions”. “Exempt Irish Investor” means the following:
Exchange Charge means the fee paid by Class H Institutional and E Class shareholders. The
Exchange Charge means the charge, if any, payable on the exchange of Shares as is specified in the Supplement for the relevant Fund."Exempt Irish Shareholder"means: (a) a qualifying management company within the meaning of Section 739B(1) TCA; (b) an investment undertaking within the meaning of Section 739B(1) TCA; (c) an investment limited partnership within the meaning of Section 739J TCA; (d) a pension scheme which is an exempt approved scheme within the meaning of Section 774 TCA, or a retirement annuity contract or a trust scheme to which Section 784 or 785 TCA applies; (e) a company carrying on life business within the meaning of Section 706 TCA; (f) a special investment scheme within the meaning of Section 737 TCA; (g) a unit trust to which Section 731(5)(a) TCA applies; (h) a charity being a person referred to in Section 739D(6)(f)(i) TCA; (i) a person who is entitled to exemption from income tax and capital gains tax by virtue of Section 784A(2) TCA or Section 848B TCA and the Shares held are assets of an approved retirement fund or an approved minimum retirement fund; (j) a person who is entitled to exemption from income tax and capital gains tax by virtue of Section 787I TCA and the Shares held are assets of a personal retirement savings account as defined in Section 787A TCA; (k) the National Asset Management Agency; (l) the Courts Service; (m) a credit union within the meaning of Section 2 of the Credit Union Act 1997; (n) an Irish resident company, within the charge to corporation tax under Section 739G(2)TCA, but only where the fund is a money market fund;
Exchange Charge means the charge, if any, payable on the exchange of Shares as is specified herein; “FATCA” or “Foreign Account Tax Compliance Act” means sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, and any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of these Sections of the Code; “FCA” means the Financial Conduct Authority in the United Kingdom or any successor regulatory authority; “FDI” means a financial derivative instrument permitted by the Regulations; “Financial Account” means a “Financial Account” as used in the intergovernmental agreement between the United States and Ireland for the purposes of FATCA; “Financial Institution” means a “Financial Institution” as defined in FATCA; “Fund” means a separate portfolio of assets which is invested in accordance with the investment objective and policies set out in the relevant Supplement and to which all liabilities, income and expenditure attributable or allocated to such fund shall be applied and charged and “Funds” means all or some of the Funds as the context requires or any other funds as may be established by the Company from time to time with the prior approval of the Central Bank; “Hedged Share Class” means a Class which is not denominated in the Base Currency of a Fund to which a currency hedging strategy is applied; “Initial Issue Price” means the price (excluding any Preliminary Charge) per Share at which Shares are initially offered in a Fund during the Initial Offer Period as specified in the Supplement for the relevant Fund; “Initial Offer Period” means the period during which Shares in a Fund are initially offered at the Initial Issue Price as specified in the Supplement for the relevant Fund; “Investment Grade” means (i) a rating of BB/Ba or higher, by Standard & Poor’s (“S&P”) or Moody’s Investment Services (“Moody’s”), respectively or (ii) unrated but determined by the Investment Manager to be of comparable quality; “Investment Management Agreement” means the agreement dated 11 November 2005 between the Company and Brown Investment Advisory Incorporated as novated by a novation agreement dated 27 March 2012 (effective23 February 2012) between the Company, Brown Investment Advisory Incorporated and the Investment Manager as further amended, supplemented or othe...
Exchange Charge means the charge, if any, payable on the exchange ofShares, as is specified in the Supplement for the relevant Fund (the maximum charge being up to 3% of the Redemption Price of the Shares being exchanged);