IPA Shares definition

IPA Shares means Shares available to Individual Pensions Accounts only. ‘Limited Issue Fund’ means a Fund whose Shares are Limited Issue Shares.
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IPA Shares shall have the meaning ascribed thereto in Section 2.4.1;
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Examples of IPA Shares in a sentence

  • Reviews: Manfred Born, New Journal of Insolvency and Corporate Rescue Law [Neue Zeitschrift für das Recht der Insolvenz und Sanierung, NZI] 2011 (Vol.

  • On March 5, 2021, the Company settled the amount owing to the Initial Manager with total consideration comprising cash in the amount of $322,849 and certain securities in the portfolio as well as other non-monetary consideration and redeemed and cancelled the IPA Shares.

  • As noted below, the IPA Shares were redeemed and cancelled prior to the WOF Transaction and no longer form part of the Company’s share capital.

  • Under the rights attached to the IPA Shares, certain amounts were to be accrued as at the date of termination of the Initial Manager as the contracted manager of the Company in certain circumstances which accrued amounts shall only be paid on the sale of the relevant portfolio investment.

  • The previous authorized series of Class B shares were known as "IPA Shares".

  • Allow the access to the personnel entrusted by the Manager for the execution of urgent reparation’s interventions.

  • As noted below, the IPA Shares were redeemed and cancelled prior to the WOF Transaction and no longer form part of the Company's share capital.Under the WOF Transaction the Balanced Shares (series 2) were renamed as Legacy Shares and each outstanding Balanced Share (series 1) was exchanged for 1.18 Legacy Shares.

  • However, it submits that the Former Manager is not entitled to be paid such amount in the absence of a Board resolution declaring a dividend in such amounts on the IPA Shares, which the Board is prevented from passing in view of the solvency provisions of section 42 of the CBCA.

  • In my view, the language of section 4.2(f)(ii) does not support the Former Manager’s position that it is entitled to payment of the amount claimed by way of an IPA Dividend on the IPA Shares in the present circumstances for the following reasons.

  • Compared to the nonexclusionary first mover strategy, the incumbent’s profits under the exclusionary commitment are 3215.5 in the first period, a profit sacrifice of 42.25 relative to the nonexclusionary first mover payoffs.

Related to IPA Shares

  • Company Shares has the meaning set forth in the Recitals.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Common Shares means the common shares in the capital of the Company;

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.