Reinvestment Program Clause Samples

Reinvestment Program. If I participate in the Cross- Reinvestment Program, dividends from securities and/or distributions from eligible mutual funds in my Account that I select may be automatically reinvested into shares of certain eligible mutual funds of my choosing (“Cross-Reinvestment Security”) for which I have received a current prospectus.
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Reinvestment Program. If I participate in the Cross- Reinvestment Program, distributions from eligible mutual funds in my Account that I select may be automatically reinvested into shares of certain eligible mutual funds of my choosing (“cross-reinvestment security”) for which I have received a current prospectus. Generally on the same business day as the distribution payment, ▇▇▇▇▇▇ ▇▇▇▇▇ will invest the funds received on my behalf into shares of the cross- reinvestment security, which will settle on the following business day. The price paid for such cross-reinvestment security will be the public offering price of the security as determined in its prospectus. The cross-reinvestment of distributions from one mutual fund to another mutual fund is generally only permitted among affiliated funds and may otherwise be limited by the terms of the funds’ prospectuses.
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Reinvestment Program. All Limited Partners shall automatically be enrolled into the Reinvestment Program unless the Limited Partner decides to opt-out. The Reinvestment Program shall be outlined in the Memorandum.
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Reinvestment Program. Subject to legal, tax, regulatory, accounting and other similar considerations, each Limited Partner shall participate in the reinvestment program of distributions of Distributable Proceeds with respect to all of its Units (the “Reinvestment Program”) in accordance with the procedures described below, unless such Limited Partner has elected in its subscription agreement not to participate in the Reinvestment Program with respect to all or 50% of its Units or elects to withdraw from the Reinvestment Program pursuant to Section 4.2(b)(v) below. The following provisions shall apply to the Reinvestment Program and any Limited Partner’s participation therein: (a) Subject to Section 4.2(b)(v) and unless the General Partner determines otherwise with respect to any distribution or any Reinvestment Program Participant, including for legal, tax, regulatory, accounting or other considerations, the General Partner shall, on behalf of each Reinvestment Program Participant, reinvest all distributions otherwise to be made to such Reinvestment Program Participant in exchange for such Reinvestment Program Participant being issued additional Units. (b) In connection with this Section 4.2, each Limited Partner agrees and acknowledges as follows: (i) The Partnership has designated the General Partner to administer the Reinvestment Program and act as agent for the Reinvestment Program Participants. The General Partner shall credit distributions to Reinvestment Program Participants on the basis of whole or fractional Units, and shall reinvest such distributions in additional Units. (ii) A Reinvestment Program Participant shall remain in the Reinvestment Program until such Reinvestment Program Participant withdraws from the Reinvestment Program in accordance with Section 4.2(b)(v) or the General Partner terminates or suspends the Reinvestment Program in accordance with Section 4.2(b)(vii). (iii) A Reinvestment Program Participant shall be deemed to have made a Capital Contribution, and Units shall be issued, as of the first day of the calendar quarter or other period following the calendar quarter or other period in which the related distribution is accrued after taking into account any distributions (or deemed distributions) by dividing the deemed Capital Contributions made by such Partner by the Unit Price on the issuance date. Such Reinvestment Program Participant’s Commitment to the Partnership shall be increased by the amount of any deemed Capital Contribution pursuant to t...
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Reinvestment Program. If I have authorized and instructed ▇▇▇▇▇▇ ▇▇▇▇▇ to begin and to continue until further notice from me the reinvestment of distributions (dividends and/or interest payments) on certain securities that are presently held on my behalf at ▇▇▇▇▇▇ ▇▇▇▇▇ (the “owned securities”) into an equity security designated by me (the “reinvestment security”) to be purchased as outlined below, I accept the terms of the reinvestment program that are set forth below:
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Reinvestment Program. Issuer shall furnish Trust Company with a list of shareholders who have elected to reinvest dividends in additional shares. With respect to those shareholders, Trust Company shall on the designated payment date for the dividend, automatically reinvest all such dividends in additional shares for the benefit of the electing shareholders. In its capacity as Transfer Agent and Registrar Trust Company will issue certificates or credit the accounts of shareholders not holding certificates representing the amount of the dividends reinvested. For the purpose of paying dividends in the form of stock, Issuer shall calculate the net asset value in accordance with the current registration statement and Rule 2a-4 under the Investment Company Act of 1940 and Trust Company shall issue shares or credit accounts in accordance therewith.
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Reinvestment Program. If I participate in the Cross-
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Related to Reinvestment Program

  • Investment Program The Subadviser is hereby authorized and directed and hereby agrees, subject to the stated investment objective and policies of the Fund as set forth in the Trust’s current Registration Statement and subject to the supervision of the Adviser and the Board of Trustees of the Trust, to (i) develop and furnish continuously an investment program and strategy for the Fund in compliance with the Fund’s investment objective and policies as set forth in the Trust’s current Registration Statement, (ii) provide research and analysis relative to the investment program and investments of the Fund, (iii) determine (subject to the overall supervision of the Board of Trustees of the Trust) what investments shall be purchased, held, sold or exchanged by the Fund and what portion, if any, of the assets of the Fund shall be held in cash or cash equivalents, and (iv) make changes on behalf of the Trust in the investments of the Fund. In accordance with paragraph 2(ii)(b), the Subadviser shall arrange for the placing of all orders for the purchase and sale of securities and other investments for the Fund’s account and will exercise full discretion and act for the Trust in the same manner and with the same force and effect as the Trust might or could do with respect to such purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or transactions. The Subadviser will make its officers and employees available to meet with the Adviser’s officers and directors on due notice at reasonable times to review the investments and investment program of the Fund in light of current and prospective economic and market conditions. The Subadviser is authorized on behalf of the Fund to enter into agreements and execute any documents required to make investments pursuant to the Prospectus as may be amended from time to time. The Subadviser’s responsibility for providing portfolio management services hereunder shall be limited to only those assets of the Fund which the Adviser determines to allocate to the Subadviser (those assets being referred to as the “Fund Account”), and the Subadviser agrees that it shall not consult with any investment advisor(s) (within the meaning of the ▇▇▇▇ ▇▇▇) to the Fund or any other registered investment company or portfolio series thereof under common control with the Fund concerning transactions for the Fund Account in securities or other assets such that the exemptions under Rule 10f-3, Rule 12d-3 and/or Rule 17a-10 under the 1940 Act would not be available with respect to the Fund. The Subadviser shall exercise voting authority with respect to proxies that the Fund is entitled to vote by virtue of the ownership of assets attributable to that portion of the Fund for which the Subadviser has investment management responsibility; provided that the exercise of such authority shall be subject to periodic review by the Adviser and the Trustees of the Trust; provided, further that such authority may be revoked in whole or in part by the Adviser if required by applicable law. The Subadviser shall exercise its proxy voting authority hereunder in accordance with such proxy voting policies and procedures as the Trust may designate from time to time. The Subadviser shall provide such information relating to its exercise of proxy voting authority hereunder (including the manner in which it has voted proxies and its resolution of conflicts of interest) as reasonably requested by the Adviser from time to time. In the performance of its duties hereunder, the Subadviser is and shall be an independent contractor and except as expressly provided for herein or otherwise expressly provided or authorized shall have no authority to act for or represent the Fund or the Trust in any way or otherwise be deemed to be an agent of the Fund, the Trust or of the Adviser. If any occasion should arise in which the Subadviser gives any advice to its clients concerning the shares of a Fund, the Subadviser will act solely as investment counsel for such clients and not in any way on behalf of the Trust or the Fund.

  • Reinvestment The Recipient will invest into Eligible Projects, any revenue that is generated from the sale, lease, encumbrance, or other disposal of an asset resulting from an Eligible Project where such disposal takes place within five (5) years of the date of completion of the Eligible Project.

  • Investment Promotion 1. Each Contracting Party shall promote investments in its territory by investors of the other Contracting Party and admit such investments in accordance with its legislation. 2. In particular, each Contracting Party shall permit the conclusion and the carrying out of licensing agreements and contracts for commercial, administrative or technical assistance, in so far as these activities were related to investments.

  • Dividend Reinvestment Plan Any and all expenses incident to any dividend reinvestment plan.

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing: (i) Scheduled installments of principal and interest on the Mortgage Loans received or advanced by the applicable Servicers which were due on the related Due Date, net of the Servicing Fees due the applicable Servicers and less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; (ii) Payoffs and the proceeds of other types of liquidations of the Mortgage Loans received by the applicable Servicer for such Mortgage Loans during the applicable Payoff Period, with interest to the date of Payoff or liquidation less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; and (iii) Curtailments received by the applicable Servicers in the Prior Period. At its option, the Master Servicer may invest funds withdrawn from the Custodial Accounts for P&I, as well as any Buydown Funds, Insurance Proceeds and Liquidation Proceeds previously received by the Master Servicer (including amounts paid by the Company in respect of any Purchase Obligation or its substitution obligations set forth in Section 2.07 or Section 2.08 or in connection with the exercise of the option to terminate this Agreement pursuant to Section 9.01) for its own account and at its own risk, during any period prior to their deposit in the Certificate Account. Such funds, as well as any funds which were withdrawn from the Custodial Accounts for P&I on or before the Withdrawal Date, but not yet deposited into the Certificate Account, shall immediately be deposited by the Master Servicer with the Investment Depository in an Investment Account in the name of the Master Servicer and the Trust for investment only as set forth in this Section 3.03. The Master Servicer shall bear any and all losses incurred on any investments made with such funds and shall be entitled to retain all gains realized on such investments as additional servicing compensation. Not later than the Business Day prior to the Distribution Date, the Master Servicer shall deposit such funds, net of any gains (except Payoff Earnings) earned thereon, in the Certificate Account. (b) Funds held in the Investment Account shall be invested in (i) one or more Eligible Investments which shall in no event mature later than the Business Day prior to the related Distribution Date (except if such Eligible Investments are obligations of the Trustee, such Eligible Investments may mature on the Distribution Date), or (ii) such other instruments as shall be required to maintain the Ratings.