Retail Shares definition
Examples of Retail Shares in a sentence
No Platform Fee will be paid in connection with DRP Shares or Retail Shares.
The Dealer Manager may retain or re-allow all or a portion of the Dealer Manager Fee, subject to federal and state securities laws, to the Soliciting Dealer who sold the Retail Shares, as described more fully in the Soliciting Dealers Agreement.
The Company will not pay selling commissions for sales of DRP Shares or Institutional Shares, and the Company will pay reduced selling commissions or may eliminate commissions on certain sales of Retail Shares, including the reduction or elimination of selling commissions in accordance with, and on the terms set forth in, the Prospectus.
The Dealer Manager will reallow all the selling commissions, subject to federal and state securities laws, to the Soliciting Dealer who sold the Retail Shares, as described more fully in the Soliciting Dealers Agreement.
This Agreement shall become effective on the date the public offering of Institutional Shares or Retail Shares of the Fund commences, whichever such date is earlier, provided that the Agreement has been approved by a majority of the Board of Trustees, including a majority of those trustees who are not “interested persons” of the Fund and who have no direct or indirect financial interest in the operation of this Agreement (the “Disinterested Trustees”).
The parties to this Agreement wish to provide for an undertaking by the Adviser to limit investment advisory or other fees and/or reimburse expenses of the CRA Shares, Institutional Shares and Retail Shares of the Fund in order to improve the performance of the CRA Shares, Institutional Shares and Retail Shares of the Fund.
The Distributor, or brokers, dealers and other financial institutions and intermediaries that have entered into sub-distribution agreements with the Distributor, may collect the gross proceeds derived from the sale of such Retail Shares, remit the net asset value thereof to the Trust upon receipt of the proceeds and retain the applicable sales charge.
The Fund offers three classes of shares, known as CRA Shares, Institutional Shares and Retail Shares.
Lipper High Income Bond Fund Premier Shares Retail Shares Group Retirement Plan Shares Lipper Prime Europe Equity Fund Premier Shares Retail Shares Group Retirement Plan Shares Lipper U.S. Equity Fund Premier Shares Retail Shares Group Retirement Plan Shares Lipper Mergers Fund Premier Shares Retail Shares Group Retirement Plan Shares ▇▇▇▇ ▇▇▇UAL FUNDS SERVICES, INC.
As compensation for the services rendered under this Agreement, PALP shall pay to the Administrator a fee at an annual rate of .035% on the first $10 billion in aggregate average daily net assets of the Funds of PFMMS and CAT and of the Retail Shares of PIMS and .028% on such assets in excess of $10 billion.