Fund Conversion definition

Fund Conversion has the meaning assigned to such term in the recitals;
Sample 1Sample 2Sample 3

Examples of Fund Conversion in a sentence

  • The amount of cash to be distributed by Parent as a result of the exercise by any holder of Parent IPO Shares to so convert such shares shall be referred to as the “Trust Fund Conversion Amount”.

  • I New Fund Start-Up/Existing Fund Conversion Fee • New fund establishment • New Share class establishment - $7,500 - $2,500 II Annual Basis Point Fees [1] [2] Trust assets below $1 billion: Subject to a fee of $400,000 for a maximum of five portfolios and thirteen share classes.

  • No Sinking Fund, Conversion or Amortization The Junior Subordinated Notes are not entitled to the benefit of any sinking fund and are not subject to conversion or amortization.

  • I New Fund Start-Up/Existing Fund Conversion Fee - New fund establishment; manual conversion - Electronic conversion - $1,500 or less per portfolio.

  • Each issued and outstanding share of Common Stock of the Corporation designated as Flexible Strategy Fund is hereby exchanged and duly reclassified into such number of share(s), or fraction thereof, of Common Stock of the Corporation designated as Global Strategy Focus Fund calculated at the Flexible Strategy Fund Conversion Rate (as hereinafter defined).

  • I New Fund Start-Up/Existing Fund Conversion Fee • New fund establishment (Post Conversion) • $ 10,000 per portfolio • Electronic conversion • Huntington will waive its conversion fees Please initial each of the pages of these fee schedules and sign below.

  • SECTION 107 Sinking Fund; Conversion The Series C Senior Notes shall not have a sinking fund.

  • I New Fund Start-Up/Existing Fund Conversion Fee -------------------------------------------------------------------------------- ------------------------------------------------------------ ------------------- o New fund establishment; manual conversion - $1,500 or less per portfolio.

  • I New Fund Start-Up/Existing Fund Conversion Fee ­ New fund establishment; manual conversion ­ Electronic conversion - $1,500 per portfolio - Pass through of out-of-pocket expenses* * Electronic conversions are subject to a minimum fee which is the greater of $5,000 per share class or $10,000 per conversion.

  • Each issued and outstanding share of Common Stock of the Corporation designated as International Bond Fund is hereby exchanged and duly reclassified into such number of share(s), or fraction thereof, of Common Stock of the Corporation designated as World Income Focus Fund calculated at the International Bond Fund Conversion Rate (as hereinafter defined).

Related to Fund Conversion

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Major conversion means a conversion of an existing ship:

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Plan of Conversion has the meaning given such term in Section 14.1.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(f).

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Certificate of Conversion means the certificate of conversion converting the Company’s prior partnership into the Company filed with the office of the Secretary of State of the State of Delaware on March 2, 2000.

  • Notice of Conversion/Continuation has the meaning assigned thereto in Section 4.2.

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.