Portfolio Shares definition

Portfolio Shares means shares of common stock of AIM Equity, par value $.001, each representing an interest in the Portfolio.

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Portfolio Shares means those shares of beneficial interest in the Portfolio, issued by the Trust to the Company in consideration of the Portfolio's receipt of the Company's Assets.

Portfolio Shares means the equity securities held in the Portfolio. “Preferred Shares” means the preferred shares of the Company.

Examples of Portfolio Shares in a sentence

The Trust may purchase, on behalf of any Portfolio (the "Purchasing Portfolio"), Shares of another Portfolio (the "Selling Portfolio") or any Class thereof.
Payment for Designated Portfolio Shares redeemed by the Account or the Company normally shall be made in federal funds transmitted by wire to the Company or any other designated person on the same Business Day that the Fund is properly notified of the redemption order for such Shares pursuant to Section 1.3(a) (unless redemption proceeds are to be applied to the purchase of Shares of other Designated Portfolios in accordance with Section 1.3(b) of this Agreement).
Notwithstanding any termination of this Agreement, the Fund will, at the option of the Company, continue to make available additional Shares to Existing Contract Owners pursuant to the terms and conditions of this Agreement, unless such further sale of Portfolio Shares is proscribed by law, regulation or applicable regulatory authority, or unless the Board determines that liquidation of the Portfolio(s) is in the best interests of the Portfolio(s).
Upon receipt of such advice, Custodian shall charge such aggregate dollar amount to the custody account of Fund and either deposit the same in the account maintained for the purpose of paying for the purchase of Portfolio Shares or deliver the same in accordance with such advice.
Whenever any Portfolio Shares are purchased by Fund, Fund or its agent shall advise Custodian of the aggregate dollar amount to be paid for such shares and shall confirm such advice in writing.
On the date specified in such Resolution for the payment of such dividend or other distribution, Custodian shall pay out of the monies held for the account of Fund, insofar as the same shall be available for such purposes, and credit to the account of the Dividend Disbursing Agent for Fund, such amount as may be necessary to pay the amount per share payable in cash on Portfolio Shares issued and outstanding on the record date established by such Resolution.
Issuance and transfer of Portfolio Shares will be by book entry only.
The Acquiring Portfolio shall issue and deliver a confirmation evidencing the Acquiring Portfolio Shares to be credited on the Closing Date to the Secretary of the Acquiring Portfolio, or provide evidence satisfactory to the Acquired Portfolio that such Acquiring Portfolio Shares have been credited to the Acquired Portfolio’s account on the books of the Acquiring Portfolio.
The Acquiring Portfolio Shares to be issued pursuant to Section 1 hereof have been duly authorized and, when issued in accordance with this Agreement, will be validly issued, fully paid and non-assessable, will not be subject to pre-emptive or dissenters’ rights and will conform in all material respects to the description thereof contained in the Acquiring Portfolio’s Prospectus furnished to the Target Portfolio.
The Acquiring Portfolio Shares to be issued pursuant to Section 1 hereof will be duly registered under the Securities Act of 1933, as amended (the “Securities Act”), and all applicable state securities laws.

More Definitions of Portfolio Shares

Portfolio Shares shall be deemed to refer to the shares of beneficial interest which are offered for each Portfolio, and the term "Adviser" shall be deemed to refer to the investment adviser of the Trust. The Trust hereby employs IBJ as the custodian of the assets of each Portfolio. In the event the Trust establishes one or more portfolios other than the Portfolios with respect to which the Trust decides to retain the Custodian to act as custodian hereunder, the Trust shall so notify the Custodian in writing. If the Custodian is willing to render such services, the Custodian shall promptly notify the Trust in writing whereupon such portfolio shall be deemed to be a Portfolio hereunder. The Trust agrees to deliver to IBJ all securities other than securities issued by the Trust (the "Portfolio Securities") and cash owned by the Trust for the account of each Portfolio, and all payments of income, payments of principal or capital distributions received by the Trust with respect to all securities owned by the Trust for the account of each Portfolio from time to time, and the cash consideration received by the Trust for Portfolio Shares which may be issued or sold from time to time. IBJ shall not be responsible for any property of the Trust held or received by the Trust and not delivered to IBJ. The Custodian may from time to time employ one or more sub-custodians. The terms of each sub-custodian agreement shall be approved by a vote of the Trustees of the Trust. Each sub-custodian agreement shall specify the same standard of care as is set forth in this Agreement.

Portfolio Shares means Class A Shares of the Portfolio issued by AFG, each representing an interest in the Portfolio.

Portfolio Shares means the Class F Shares in the KGRF Fund (the "Class F Shares") and the Class B Shares in the KGMF Fund (the "Class B Shares");

Portfolio Shares means, on any Calculation Date, the Unencumbered Portfolio Shares.

Portfolio Shares means, collectively, the BCP Shares and the IDMS Shares.