Examples of G Shares in a sentence
In the case of Tranche G Shares only, the Directors may also declare dividends out of the capital of the relevant Fund, where appropriate, in order to maintain a satisfactory level of distribution.
Formation expenses of Class R (USD) MDIST (G) Shares amounted to approximately US$2,200 and are amortised over a 5-year period commencing from the inception date, or such other period as the Board may determine.
Class G: Shares of the class G may be subscribed only by institutional investors in the sense of Art.
All Class G Shares shall be of equal rank and shall be identical, except in respect of the matters that may be fixed by the Board of Directors as hereinafter provided, and each share of a series shall be identical with all other shares of such series, except as to the dates from which dividends shall accrue and be cumulative.
The Class G Shares may be issued from time to time in one or more series.
Class G Members holding a majority of the outstanding Class G Shares have additional authority over the number of Directors on the Board of Directors, as provided in Section 7.3(b).
Distribution Tranche Shares The Company intends to declare dividends out of the net investment income and, at the discretion of the Directors, net realised and unrealised gains of each Fund attributable to the Distribution Tranche Shares, on or about the last day of each calendar quarter (or, in the case of Tranche G Shares only, on or about the last day of each calendar month).
Except as otherwise required by law and subject to the rights of the holders of any Class of Shares, special meetings of the Members or any Class thereof for any purpose or purposes may be called at any time only by or at the direction of (i) the Board of Directors or (ii) Class G Members holding a majority of the outstanding Class G Shares.
An officer of the Company may be removed from office with or without cause at any time by either (i) the Board of Directors or (ii) Class G Members holding a majority of the outstanding Class G Shares.
Any and all vacancies on the Board of Directors may be filled by Class G Members holding a majority of the outstanding Class G Shares.