Rollover Transaction definition

Rollover Transaction shall have the meaning assigned thereto in Section 3(g) hereof.

Rollover Transaction has the meaning set forth in Section 2.1.

Rollover Transaction means an exchange transaction pursuant to which the Partnership will transfer its assets (comprising the National Portfolio and the Québec Portfolio) to the Mutual Fund on a tax-deferred basis in exchange for redeemable shares of the Mutual Fund and, within 60 days thereafter, distribute 99.99% of such shares of the Mutual Fund to the Limited Partners, pro rata, and 0.01% of such shares of the Mutual Fund to the General Partner, on a tax-deferred basis upon the dissolution of the Partnership.

Examples of Rollover Transaction in a sentence

• The Performance Bonus Allocation will be paid in cash before the transfer of the assets of the Partnership to the Designated Mutual Fund pursuant to the Mutual Fund Rollover Transaction or if the assets of the Partnership are not transferred to the Designated Mutual Fund, before the dissolution of the Partnership.

• If the Mutual Fund Rollover Transaction is implemented, then pursuant to the Transfer Agreement, the assets of the Partnerships will be transferred to the Mutual Fund Corporation, in exchange for Mutual Fund Shares on a tax-deferred basis, provided appropriate elections are made.

• In connection with the Mutual Fund Rollover Transaction, the Partnerships will be dissolved, and the Limited Partners will receive their pro-rata portion of redeemable Mutual Fund Shares.

• Pursuant to the terms of the Transfer Agreement and the Partnership Agreement, upon completion of the Mutual Fund Rollover Transaction and the dissolution of the Partnership, Limited Partners would receive their pro rata share of the DMP Resource Class shares on a tax-deferred basis.All Partnership units are of the same class with equal rights and privileges, including equal participation in any distribution made by the Partnership and the right to one vote at any meeting of the limited partners.

• The Performance Bonus Allocation will be paid in Mutual Fund Shares in the event of the transfer of the assets of the Partnerships to the Mutual Fund Corporation pursuant to the Mutual Fund Rollover Transaction unless payment in Mutual Fund Shares is not permitted by applicable law.

More Definitions of Rollover Transaction

Rollover Transaction shall have the meaning set forth in Section 1.11.

Rollover Transaction has the meaning set forth in the recitals to this Agreement.

Rollover Transaction means an exchange transaction pursuant to which the Partnership will transfer its assets to the Liquidity Vehicle on a tax deferred basis in exchange for Liquidity Vehicle Securities and within 60 days thereafter the Liquidity Vehicle Securities will be distributed to the Limited Partners, pro rata among the holders of Units of each Class, on a tax deferred basis (to the extent possible) upon the dissolution of the Partnership.

Rollover Transaction has the meaning ascribed to such term in Section 2.03 of this Agreement.

Rollover Transaction shall have the meaning assigned to such term in Section 2.06(g).

Rollover Transaction means the transaction described under the heading “Corporate Structure – Rollover Transaction” pursuant to which the Rollover LPs will exchange their limited partnership units of NCOF II for Common Shares.

Rollover Transaction has the meaning set forth in the recitals hereto.