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In specie definition

In specie means the transfer of investments from one party to another without the need to sell the investment.
In specie means re-registering or transferring the ownership of an asset instead of selling it.
In specie generally means ‘in its present form’. Clause 8.6 gave the General Partner of VDP the express power to make distributions in the form of non-marketable securities (i.e. in specie) upon the final liquidation of the Partnership.

Examples of In specie in a sentence

  • In specie means that, rather than receiving cash in respect of a subscription and delivering cash proceeds in respect of a redemption, the Fund will receive and deliver securities (or predominantly securities) acceptable to the Investment Manager and set out in the Portfolio Composition File.

  • In specie Creations and Redemptions may be charged an additional fee by the Responsible Entity.Please refer to Section 10 (Additional Information) for further information on the roles and responsibilities of Authorised Participants and how to become an Authorised Participant.Other investors may purchase or sell Units on the ASX through their broker.

  • In specie Creations andRedemptions may be charged an additional fee by the Responsible Entity.Please refer to Section 10 (Additional Information) for further information on the roles and responsibilities of Authorised Participants and how to become an Authorised Participant.Other investors may purchase or sell Units on the ASX through their broker.

  • In specie application The Manager may, by special arrangement and at its discretion, agree to arrange for the issue of Units in exchange for assets other than cash but only if the Trustee is satisfied that acquisition of the assets in exchange for the Units to be issued is not likely to result in any material prejudice to the interests of Unitholders or potential Unitholders of the Scheme concerned.

  • In specie Creations and Redemptions are not permitted by the Responsible Entity.Please refer to Section 10 (Additional Information) for further information on the roles and responsibilities of Authorised Participants and how to become an Authorised Participant.Other investors may purchase or sell Units on the ASX through their broker.


More Definitions of In specie

In specie. Ensurge shall not pay any of its costs or expenses incurred pursuant to this Agreement, or in any way connected with the Tailings, by way of providing the applicable vendor or service provider with a portion of the Tailings (i.e., including the Valuable Metals). Instead, Ensurge shall pay all such costs and expenses fully in cash, from its own financial resources. Without limiting the foregoing, in dealings with Refiners and other vendors and service providers, Ensurge shall seek to avoid any embedded or hidden consideration accruing to such parties in the form of their retention of a portion of the Tailings (including the Valuable Metals).
In specie means re-registering the assets of the plan without selling them and will be subject to EBS’s prior approval. Non- standard assets may not be accepted and may need to be sold prior to transferring. If you wish to transfer in specie, please provide a list and valuation of the transferring assets.
In specie means the Transfer of your investments to, or from, us without requiring them to be encashed. Also referred to as re-registration.
In specie means an asset is paid to a pension recipient instead of cash.
In specie transfer means that during the Restructuring, in order to reduce the above- mentioned out-of-market risks, we will try our best to redeem units from third party APIF (or direct investment) by way of “in-specie” transfer instead of redeeming investments in cash, then the proceeds of in-specie redemption will be used to subscribe for new APIFs in the BCT APIF Series. In case the relevant redemption cannot be conducted in specie, it must be redeemed in cash, then the Relevant Constituent Funds may be exposed to out-of-market risks.
In specie means transferring an asset in its current form, without the need to convert that asset to cash. For example, to pay off a debt
In specie means that the actual assets would be returned — for example, in this case, the assets in specie would be the flooded land.