Rule 18f-3 Plan definition

Rule 18f-3 Plan means the plan approved by the Directors and as amended from time to time, in accordance with Rule 18f-3 under the Investment Company Act of 1940, as amended, pursuant to which the Fund may issue multiple classes of shares with varying front-end sales charges, contingent deferred sales charges, distribution fees and service fees.
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Examples of Rule 18f-3 Plan in a sentence

  • Each class of Shares of the Trust or of a particular series of the Trust, as the case may be, will represent interests in the same portfolio of investments of the Trust (or that series) and be identical in all respects, except as set forth in the Rule 18f-3 Plan (the “Plan”) of the Trust, as amended from time to time.

  • All initial capitalized terms used herein shall have such meanings as ascribed thereto in the Rule 18f-3 Plan.

  • Schedule A to the Rule 18f-3 Plan is hereby replaced with Schedule A attached hereto and made a part of the Rule 18f-3 Plan.

  • Except as herein provided, the Rule 18f-3 Plan shall be and remain unmodified and in full force and effect.

  • Class 529A, Class 529B and Class 529C shares have identical characteristics for purposes of this Rule 18f-3 Plan as the corresponding Class A, Class B and Class C shares, except as noted below in Sections E and F.

  • Class 529A, Class 529B and Class 529C shares have identical characteristics for purposes of this Rule 18f-3 Plan as the corresponding Class A, Class B and Class C shares.

  • The aggregate annual amount of all such payments -------------- (1) The Fund is authorized to offer multiple classes of shares pursuant to a Rule 18f-3 Plan adopted under the 1940 Act.

  • The assets attributable to each Class of Shares and the liabilities attributable to each Class of Shares shall be based upon the allocations required by the Rule 18f-3 Plan.

  • Each class of Shares of the Trust or of a particular series of the Trust, as the case may be, will represent interests in the same portfolio of investments of the Trust (or that series) and be identical in all respects, except as set forth in the Rule 18f3 Plan (the Plan) of the Trust, as amended from time to time.

  • The Fund hereby is authorized to pay a service fee with respect to its Class A Shares, Class B Shares, Class C Shares and Class R Shares to the Distributor who may use such payments to pay a service fee to any Financial Intermediary who provides personal 1 The Fund is authorized to offer multiple classes of shares pursuant to a Rule 18f-3 Plan adopted under the 1940 Act.

Related to Rule 18f-3 Plan

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Rule 173 “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • Rule 159A “Rule 405” and “Rule 415” mean, in each case, such rule promulgated under the Securities Act (or any successor provision), as the same shall be amended from time to time.

  • Rule 164 “Rule 172”, “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • Rule 17f-7 means Rule 17f-7 promulgated under the 1940 Act.

  • Rule 16b-3 means Rule 16b-3 of the Exchange Act or any successor to Rule 16b-3, as in effect when discretion is being exercised with respect to the Plan.

  • 12b-1 PLAN With respect to any Fund that offers shares for which a Plan has been adopted under Rule 12b-1 (individually a "12b-1 Plan") of the Investment Company Act of 1940 (the "1940 Act"), you will be entitled to receive payments from the 12b-1 Plan fees for providing shareholder and administrative services to your customers who own Fund shares as set forth under the 12b-1 Plan(s) applicable to the Class or Classes of Fund shares purchased by your customers. Such shareholder and administrative services may include: answering inquiries regarding the Fund; assisting in changing dividend options, account designations and addresses; performing sub-accounting; establishing and maintaining shareholder accounts and records; processing purchase and redemption transactions; providing periodic statements and/or updates showing a customer's account balance and integrating such statements with those of other transactions and balances in the customer's other accounts serviced by you; and arranging for bank wires. You will transmit promptly to customers all communications sent to you for transmittal to customers by or on behalf of us, and the Fund or such Fund's investment advisor, custodian or transfer or dividend disbursing agent. You will promptly answer all written complaints received by you relating to Fund accounts or promptly forward such complaints to us and assist us in answering such complaints. For such services we will pay you a fee, as established by us from time to time, based on a portion of the net asset value of the accounts of your customers in the various Classes of the Fund. We are permitted to make this payment under the terms of the 12b-1 Plans adopted by certain of the Funds, as such Plans may be in effect from time to time. The 12b-1 Plans in effect on the date of this Agreement are described in the Funds' Prospectuses. Each Fund reserves the right to terminate or suspend its 12b-1 Plan at any time as specified in the Plan and we reserve the right, at any time, without notice, to modify, suspend or terminate payments hereunder in connection with such 12b-1 Plan. You will furnish the Fund and us with such information as may be reasonably requested by the Fund or its directors or trustees or by us with respect to such fees paid to you pursuant to this Agreement. You may request not to receive 12b-1 Plan fees. Any such request must be made to us in writing.

  • Rule 158 “Rule 163”, “Rule 164”, “Rule 172”, “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • Rule 145 means Rule 145 as promulgated by the Commission under the Securities Act, as such Rule may be amended from time to time, or any similar successor rule that may be promulgated by the Commission.

  • SEC Rule 145 means Rule 145 promulgated by the SEC under the Securities Act.

  • Rule 497 refers to Rule 497(c) or 497(h) under the Act, as applicable.

  • Rule 163 “Rule 164”, “Rule 172”, “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • Rule 3a-7 means Rule 3a-7 under the Investment Company Act.

  • Rule 3a-5 means Rule 3a-5 under the Investment Company Act.

  • Section 162(m) Award means a Performance Award granted under Section 6(k)(i) to a Covered Employee that is intended to satisfy the requirements for “performance-based compensation” within the meaning of Section 162(m).

  • Rule 17f-5 means Rule 17f-5 promulgated under the 1940 Act.

  • Section 162(m means Section 162(m) of the Code.

  • Section 162(m) of the Code means the exception for performance-based compensation under Section 162(m) of the Code and any applicable treasury regulations thereunder.

  • Rule 701 means Rule 701 promulgated under the Securities Act.

  • 16 Predecessor Security"................................................................................... 16 "Prepaid Lien"........................................................................................... 16 "Property Additions"..................................................................................... 16 "Purchase Money Lien".................................................................................... 17 "Redemption Date"........................................................................................ 17 "Redemption Price"....................................................................................... 17 "Regular Record Date".................................................................................... 17 "Responsible Officer".................................................................................... 17 "Retired Securities"..................................................................................... 17 "Securities"............................................................................................. 18 "Security Register"...................................................................................... 18 "Special Record Date".................................................................................... 18 "Stated Interest Rate"................................................................................... 18 "Stated Maturity"........................................................................................ 18 "Successor Corporation".................................................................................. 18 "Tranche"................................................................................................ 18 "Transaction Costs"...................................................................................... 18 "Trust Indenture Act".................................................................................... 18 "Trustee"................................................................................................ 18 "Trustee's Lien"......................................................................................... 19 "United States".......................................................................................... 19

  • Securities Exchange Act of 1934 means the United States Securities Exchange Act of 1934, as from time to time amended.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • SEC Rule 144 means Rule 144 promulgated by the SEC under the Securities Act.

  • Securities Act means the Securities Act of 1933, as amended.

  • SEC Regulation D means Regulation D as promulgated under the Securities Act of 1933, as amended, as the same may be in effect from time to time.