Master Fund Shares definition

Master Fund Shares means the common units of fractional undivided beneficial interest with limited liability in the profits, losses, distributions, capital and assets of, and ownership of a Master Fund.
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Master Fund Shares means the common units of fractional undivided beneficial interest with limited liability in the profits, losses, distributions, capital and assets of, and ownership of, DB Commodity Index Tracking Master Fund, a Delaware statutory trust.
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Master Fund Shares means the common units of fractional undivided beneficial interest with limited liability in the profits, losses, distributions, capital and assets of, and ownership of, GreenHaven Continuous Commodity Index Master Fund, a Delaware statutory trust.
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Examples of Master Fund Shares in a sentence

  • The purposes of the Trust and each Fund shall be to acquire, hold and redeem corresponding Master Fund Shares and to enter into any lawful transaction and engage in any lawful activities in furtherance of or incidental to the foregoing purposes.

  • Such Capital Account shall be (i) increased by the amount of all Capital Contributions made with respect to the Master Fund interest and all items of Master Fund income and gain computed and allocated to the Master Fund Shares in accordance with this Agreement and (ii) decreased by the amount of cash distributions made with respect to such Master Fund interest and all items of Master Fund deduction and loss computed and allocated in accordance with this Agreement.

  • The purposes of the Trust shall be to acquire, hold and redeem Master Fund Shares and to enter into any lawful transaction and engage in any lawful activities in furtherance of or incidental to the foregoing purposes.

  • The Company issued a circular to Shareholders dated 28 February 2019 (the “February 2019 Circular”) concerning the proposed implementation of the orderly Run-Off of the Company’s portfolios by means of a change to the Company’s investment policy to enable the Company to redeem all of the Company’s Master Fund Shares attributable to the Ordinary or C Shares, as the case may be (the “Proposals”), and distributing the net proceeds thereof to the relevant class of Shareholders.

  • Any Shares purchased by NRFC or OZCI pursuant to this Section 2 shall be purchased at NAV as of the date of purchase of the Master Fund Shares.

  • For the avoidance of doubt, to the extent the Equity Portfolio is invested in Master Fund Shares, this test shall be applied as if the Fund's assets and liabilities included a pro rata portion of the assets and liabilities of such Master Funds.

  • Master Fund has no plan or intention to issue additional Master Fund Shares following the Reorganization except for Shares issued in the ordinary course of its continuous private offering of Shares; nor does the Master Fund have any plan or intention to redeem or otherwise reacquire any Master Fund Shares issued pursuant to the Reorganization, other than in the ordinary course of that business.

  • Such distributions of Master Fund Shares shall be accomplished by the opening of shareholder accounts on the share ledger records of Master Fund in the amounts due to the Investors in the Registered Feeder Funds based on their respective holdings in the Registered Feeder Funds as of the Closing Date.

  • The Investment Manager is entitled to a management fee, calculated and payable monthly in arrears equal to 1/12 of 1.5% of the net asset value of the Company which is not attributable to the Company’s investment in the Master Fund Shares as at the last calendar day of each calendar month.

  • The Master Fund Shares are liquid and can be converted to cash to meet liabilities as they fall due.


More Definitions of Master Fund Shares

Master Fund Shares means the non-voting shares of the Master Fund, having a parvalue of U.S.$0.001 each;
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Related to Master Fund Shares

  • Fund Shares means any Securities issued by an investment company registered under the Investment Company Act of 1940.

  • Fund Share means the share, unit, or other evidence of ownership in a Permissible Investment.

  • Class A Shareholder means a holder of Class A Shares;

  • Subco Shares means the common shares in the capital of Subco;

  • Preferred Shareholder means any holder of Preferred Shares.

  • Class B Shares means the Class B ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class B Shares, and having the rights provided for in these Articles.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Newco Shares means the common shares in the capital of Newco;

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Class B Preferred Shares means class B preferred shares of Pembina;

  • Trust Shares has the meaning ascribed thereto in Section 2.2.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • ASA Shares has the meaning set forth in 2.4(a).