Reinvestment Option definition

Reinvestment Option means the election available to investors to have all (but not part) of a distribution of income reinvested in further units in a Distributing Fund.

Reinvestment Option means the reinvestment option referred to in clause 2.3.2;

Reinvestment Option means a Member’s election to receive additional Units at the then current Unit Price in lieu of an interim, non- liquidating cash Distribution. Any Units purchased by Members via the Reinvestment Option will be considered, for purposes of any Redemption Requests, to have the same purchase date as the original date of purchase of the Units for which the Reinvestment Units are associated. Subject to the Manager’s right to terminate the Reinvestment Option at any time, Members have the option of either having such Distributions paid out or having such Distributions reinvested into additional Membership Units at the then-current Unit Price.

Examples of Reinvestment Option in a sentence

• Shareholders will receive the Electable Portion in cash if they do not expressly elect in writing to exercise the Reinvestment Option by the Expiry Date.

• Similarly, Growth Option of the Growth Plan and Dividend Reinvestment Option of the Dividend Plan shall be the default sub-options.

• Hence, the election for the Reinvestment Option does not relieve the Shareholder of any income tax obligation (if applicable) and there is no tax advantage to be gained in exercising the Reinvestment Option or otherwise.

• Also, from November 01, 2012, the dividends declared (irrespective of the amount) under Dividend Reinvestment Option of the discontinued Plan(s)/Option(s) shall be reinvested into the corresponding Option under the Single Plan of the Scheme, i.e. Regular Plan.All plans and options available for offer under the scheme shall have a common portfolio.If no option is indicated, the default option will be Growth.

• If DSO facility is withdrawn from any Source Scheme or Target Scheme, all investors who have opted for DSO will be shifted under IDCW Reinvestment Option in the Source Scheme and the unitholders will be sent suitable intimation.

• In the event an obligation to undertake a mandatory offer is expected to arise with respect to any parties resulting from the exercise of the Reinvestment Option, the Affected Parties may make an application to the Securities Commission Malaysia for an exemption from the obligation to undertake a mandatory offer pursuant to the Rules prior to exercising their Reinvestment Option.

• Concurrently on the Allotment Date, the Non-Electable Portion and the Electable Portion not exercised (if applicable) under the Reinvestment Option will be paid to the respective Shareholders in cash.

• Secondly, the material should be mechanically robust, facilitating large scale manufacture on low-cost, flexible plastic substrates; and thirdly, the active materials should be sufficiently cheap and reliable.

• You may elect to have all (but not part) of your distribution of income reinvested in further units (Reinvestment Option) and you can cancel, at any time, your election to reinvest in further units.

• For income tax purposes, a Shareholder shall be treated as having received cash distribution equivalent to the amount of the Dividend declared, notwithstanding that the Shareholder may elect to exercise the Reinvestment Option (in whole or in part).

More Definitions of Reinvestment Option

Reinvestment Option means the reinvestment option referred to in 2.3.2;