Monthly Investment Plan definition

Monthly Investment Plan means the Hang Seng Monthly Investment Plan provided by the Bank to the Customer in accordance with Part VI;
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Examples of Monthly Investment Plan in a sentence

  • A different fund code may be displayed on client's contract note if the fund is subscribed through Monthly Investment Plan (MIP) or is linked to a loan facility.

  • Part VII sets out the terms and conditions governing the Hang Seng Monthly Investment Plan.

  • If there is no new monthly contribution instruction stated on the instruction form, we will continue to invest your monthly contributions in accordance with your original or updated instructions.* Monthly Investment Plan is not currently available for sub-funds of HSBC Global Money Funds.Redeeming units or sharesYou may redeem your units or shares at any time by sending us a redemption form.

  • AlterationWe reserve the right to amend these Terms and Conditions of Application (including the additional terms and conditions for the Monthly Investment Plan) from time to time by giving notice to you and you agree to be bound by the latest terms and conditions.

  • Additional terms and conditions for the Monthly Investment Plan* Monthly InvestmentYou will make monthly contribution, with a minimum of HKD1,000 per month for each fund.

  • For the avoidance of doubt, the Bank shall be entitled to handle and dispose of dividends and distributions arising from different types of securities under the Monthly Investment Plan in different ways in accordance with this Clause 4.

  • Monthly Investment Plan Under the Monthly Investment Plan employees other than senior managers may invest a specified part of their compensation in Siemens shares on a monthly basis over a period of twelve months.

  • If the Managing Board of Siemens decides that shares acquired under the Monthly Investment Plan are transferred to the Share Matching Plan, plan participants will receive the right to matching shares under the same conditions applying to the Share Matching Plan described above with a vesting period of about two years since fiscal year 2016 (previously about three years).

  • To facilitate regular investing, Caldwell has established a Monthly Investment Plan as described in the simplified prospectus of the Funds.

  • Where a Holder is a member of a Monthly Investment Plan (“ MIP”), the minimum monthly investment is S$100 Provided that the Holder has invested the minimum initial subscription amount.

Related to Monthly Investment Plan

  • Monthly Investor Report has the meaning stated in Section 3.5(a) of the Sale and Servicing Agreement.

  • Noteholders’ Monthly Interest Distributable Amount means, with respect to any Distribution Date and any Class of Notes, interest accrued at the respective Interest Rate during the applicable Interest Period on the principal amount of the Notes of such Class outstanding as of the end of the prior Distribution Date (or, in the case of the first Distribution Date, as of the Closing Date), calculated (x) for the Class A-1 Notes and the Class A-2-B Notes on the basis of a 360-day year and the actual number of days elapsed in the applicable Interest Period and (y) for all other Classes of Notes on the basis of a 360-day year consisting of twelve 30-day months (without adjustment for the actual number of business days elapsed in the applicable Interest Period), except with respect to the first Interest Period.

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Monthly Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, other than the Class P, Class R and Class C Certificates, an amount equal to the amount of interest accrued during the related Interest Accrual Period at the related Pass-Through Rate on the Class Principal Amount of such Class of Certificates immediately prior to such Distribution Date, in each case, reduced by any Net Prepayment Interest Shortfalls allocated to such Class of Certificates and any Relief Act Interest Shortfalls allocated to such Class of Certificates, in each such case, as such shortfalls are allocated pursuant to Section 1.02 herein.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Class C Monthly Interest is defined in Section 4.1(c).

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Class A-2 Monthly Interest means (i) for the initial Distribution Date, $275,916.67, and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-2 Rate and (B) the outstanding principal balance of the Class A-2 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-2 Notes on or before such preceding Distribution Date).

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Class B Monthly Interest shall have the meaning specified in subsection 4.02(b).

  • Group II Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group II Senior Percentage of the Principal Payment Amount for Loan Group II, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group II, and (iii) the Group II Senior Liquidation Amount.

  • Class A-3 Monthly Interest means (i) for the initial Distribution Date, $[ ], and (ii) for any Distribution Date thereafter, one-twelfth of the product of (A) the Class A-3 Rate and (B) the outstanding principal balance of the Class A-3 Notes as of the preceding Distribution Date (after giving effect to all payments of principal made to the Holders of the Class A-3 Notes on or before such preceding Distribution Date).

  • Group I Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group I Senior Percentage of the Principal Payment Amount for Loan Group I, (b) the Group I Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group I and (c) the Group I Senior Liquidation Amount.

  • Class A Monthly Interest shall have the meaning specified in subsection 4.02(a).