Unavailable Funds are funds that are not available in your account for the time you schedule a transfer to occur. You agree to have sufficient funds in your account at the time you schedule a transfer to occur. If there are not sufficient funds in your account, the missing funds are consid...
In practice, the structured arrangement of private equity funds (excluding the structured arrangement for the purpose of protecting capital and income) is generally reflected in the distribution order, that is, when the fund distributes the distributable property, The distribution shall be carried out...
The regime expressly recognises that a discretionary investment manager may make investments on behalf of investors who do not qualify as “eligible investors”, provided it is satisfied that the investment is suitable for the underlying investors and they are able to bear the economic consequences o...
The tax on mutual fund redemption, therefore, will need to be paid when the income tax returns are filed in the coming financial year. Dividends are another way that mutual fund investors can earn income from a fund. The mutual fund declares dividends based on the distributable surplus it ...
Section 4.4 of the Sale and Servicing Agreement; and, provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to the Receivables that are retained by the Servicer as reimbursement for...
(e.g., a 10-year U.S. treasury) that have different effective dates with respect to interest accrual time periods for the principal purpose of generating distributable gains (characterized as ordinary income for tax purposes) that are not part of the Fund’s duration or ...
The Fund may also at its discretion pay dividends out of gross income while charging all or part of the Fund’s fees and expenses to the capital of the Fund, resulting in an increase in distributable amount for the payment of dividends and therefore, effectively paying dividends out of ...
exceed the amount of the company's cumulative realised profits plus other distributable reserves, less the aggregate of any cumulative losses and other non-distributable reserves. These asset-stripping rules also apply to Part II UCIs and RAIFs, as well as SIFs that qualify as AIFs. ...
Islands,thefundsinthe share premiumaccountandcapital reserve of the Company are distributable to the shareholders of the Company subject to the provisions of the memorandum and articles of association of the Company and provided that immediately following thedateonwhich the dividend ...
Distribution Coverage (Coverage Ratio) compares distributable cash flow generated in a period to the total cash distributions paid for that period. Distribution Rate reflects the investment income per share during the last 12 months divided by the share price at the end of the period, expressed ...