Fund Term definition

Fund Term meanss 99 years from the Listing Date, renewable in the discretion of the Fund Manager following CMA approval;
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Fund Term means the term of the Fund, being 99 Gregorian years.
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Fund Term means 99 years as from the Listing Date, renewable at the discretion of the Fund Manager following obtaining CMA’s approval;
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Examples of Fund Term in a sentence

  • Name (Age) Position(s) with Fund Term of Office and Length of Time Served1 Principal Occupation(s) During Past Five YearsNumber of Portfolios In Fund ComplexOverseen By TrusteeOther Directorships Of Public Companies and Other Registered Investment Companies Held by Trustee DuringPast Five YearsINDEPENDENT TRUSTEESScott M.

  • Legal, tax, zakat and regulatory or other changes may occur in the Kingdom during the Fund Term, which could have an adverse effect on the Fund, its investments or the Unitholders.

  • The Fund term shall be (99) years from the date on which the Units are listed on the Saudi Stock Exchange ‘Tadawul’ ("Date of Listing") and made available for trading ("Fund Term").

  • While it may be possible to sell the investment, it is not generally expected that this will occur and accordingly, Investors must be aware that there is unlikely to be any return of capital or payments on the investment for the Fund Term.

  • The Fund Term is renewable in the discretion of the Fund Manager with the approval of the CMA.

  • The Fund Manager acknowledges that the two Independent Members are corresponding to the definition of the Independent Member as stated in the Glossary of defined terms used in the CMA regulations and rules, and that this will also apply to any independent member appointed by the Fund Manager throughout the Fund Term.

  • In consideration for managing the assets of the Fund, the Fund Manager will be paid an annual management fee (the “Management Fee”) during the Fund Term by the Fund equal to 1% of the total Net Asset Value.The Management Fee will be borne by the Fund and will be calculated and payable semi-annually in arrears commencing on the Closing Date.

  • The Fund Term is renewable for a similar term in the sole discretion of the Fund Manager with the approval of the Fund Board and CMA.

  • The LPAC will not replace frequent, open communications between the GP and LPs, including reporting to all LPs, as well as the immediate disclosure of any inquiries by legal or regulatory bodies in any jurisdiction, material contingencies or liabilities arising during the Fund Term, or breach of a provision of any Fund document.

  • Fund Term The fund's term is 99 years starting from the date of listing the units in Tadawul, renewable for similar periods at the discretion of the fund manager and after obtaining the approval of the Capital Market Authority.

Related to Fund Term

  • Bond Terms means these terms and conditions, including all Attachments which shall form an integrated part of these Bond Terms, in each case as amended and/or supplemented from time to time.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Original Term means the period from the Commencement Date until the end of the fiscal year of Lessee in effect at such Commencement Date.

  • (1) IN GENERAL.—The term qualified trade or business’ means any trade or business other than—

  • Period of Agreement means 5 years from the date of Final acceptance of the Project.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Resolution Extension Period As defined in Section 2.03(b).

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • (A) IN GENERAL.—The term tax’ means—

  • Extension Period has the meaning set forth in Section 2.11.

  • (i) IN GENERAL.—The term corporate bond yield curve’ means, with respect to any month, a yield curve which is prescribed by the Secretary for such month and which reflects the average, for the 24-month period ending with the month preceding such month, of monthly yields on investment grade corporate bonds with varying maturities and that are in the top 3 quality levels available.

  • Distribution Period means (i) with respect to interest paid on the first Interest Payment Date, the period beginning on (and including) the date of original issuance and ending on (but excluding) the Interest Payment Date in December 2005 and (ii) thereafter, with respect to interest paid on each successive Interest Payment Date, the period beginning on (and including) the preceding Interest Payment Date and ending on (but excluding) such current Interest Payment Date.

  • Initial Term has the meaning set forth in Section 7.1.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • a term s notice" means written notice given not later than the first day of the term preceding the term to which the notice relates;

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.