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.
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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.
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Reinvestment Option means the reinvestment option referred to in clause 2.3.2;
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Examples of Reinvestment Option in a sentence

  • Any Units purchased by Members via the Reinvestment Option shall be considered, for purposes of any Redemption requests, to “tag along” with the original date of purchase of the Units for which the Reinvestment Units are associated.

  • 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.

  • 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.

  • The Notice of Election will state the instructions in relation to the action that is required to be taken by the Shareholders to exercise their respective Reinvestment Option and will also specify the Expiry Date.

  • The Dividend Reinvestment Plan has been established by the Board and the administration of the Dividend Reinvestment Plan, including the Reinvestment Option and the Electable Portion shall be determined by the Board at its absolute discretion.

  • If you elect to receive distributions paid in cash by check and the U.S. Postal Service does not deliver your checks, your distribution option may be converted to the Reinvestment Option.

  • Under the Dividend Reinvestment Plan, Shareholders who exercise the Reinvestment Option and receive New Shares may be allotted such New Shares in odd lots, where applicable.

  • Kimlun will within eight (8) Market Days from the Expiry Date or such other date as may be prescribed by Bursa Securities, allot and issue the New Shares and despatch notices of allotment to the Shareholders (who exercise the Reinvestment Option).

  • It was soon found, however, that a more binding commitment would be required of Annex I countries in order to lower their emission levels.

  • As the New Shares to be issued pursuant to the Dividend Reinvestment Plan are prescribed securities, the New Shares will be credited directly into the respective Central Depository System accounts of Shareholders (who exercise the Reinvestment Option) and no physical share certificates will be issued.


More Definitions of Reinvestment Option

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

  • Reinvestment Period means 15 months following the date of receipt of Net Cash Proceeds of an Asset Sale Prepayment Event, Casualty Event or Permitted Sale Leaseback.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Dividend Reinvestment Plan means a regular dividend reinvestment or other plan of the Corporation made available by the Corporation to holders of its securities where such plan permits the holder to direct that some or all of: (i) dividends paid in respect of shares of any class of the Corporation; (ii) proceeds of redemption of shares of the Corporation; (iii) interest paid on evidences of indebtedness of the Corporation; or (iv) optional cash payments; be applied to the purchase from the Corporation of Voting Shares;