Unit Holder definition

Unit Holder means a person holding units in the scheme of the Mutual Fund.
Unit Holder means any Person who holds a Unit, whether as a Member or as an Economic Owner.
Unit Holder means the owner of one or more Units.

Examples of Unit Holder in a sentence

  • All Unit Holders are eligible to change their Unit Holder details if they so desire.

  • The Trustee shall report to the Unit Holder, to be included in the annual and second quarter Financial Reports issued by the Management Company to the Unit Holders, as to whether in its opinion the Management Company has in all material respects managed the Fund in accordance with the provisions of the Regulations, the Constitutive Documents and if the Management Company has not done so, the respect in which it has not done so and the steps the Trustee has taken in respect thereof.

  • Above deduction will not be made if Unit Holder provides declaration in due course of time to the Management Company.

  • The terms and conditions in the Deed and any supplemental deed(s) shall be binding on each Unit Holder.

  • However, the processing charge shall not be payable by successors in the case of inheritance or distribution of the estate of a deceased Unit Holder.


More Definitions of Unit Holder

Unit Holder has the meaning ascribed to that term in the Trust Deed;
Unit Holder means the holder of any unit of any Trust.
Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of this Trust Deed.
Unit Holder means any Person who is the owner of one or more Units. “Unit Holders” means all such Persons.
Unit Holder or "Holders" means a person recognized by or on behalf of the Trustee Company as the holder of Units under the said Scheme, and whose name is, for the time being, entered in the Register or list of Holders maintained under the said Scheme.
Unit Holder shall be the registered holder of any Unit, whether or not in certificated form, as recorded on the registration books of the Trustee."
Unit Holder. , in relation to a unit trust, means the owner of an interest in the moneys, investments and other property which are for the time being subject to the trusts governing the unit trust, that interest being expressed in the number of units of which he is the owner;