Class R definition
Class R and "Class S" shares; the Payd▇▇ & ▇ygel U.S. Government Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Market Return Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Growth & Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Global Short Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Total Return Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel International Equity Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Global Balanced Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & Rygel European Growth & Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & Rygel High Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Small Cap Value Stock Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Small Cap Growth Stock Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Emerging Markets Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel EuroDirect Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel California Municipal Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares;
Class R. Certificate issued under any Trust Agreement.
Class R and "Class S" shares; Payd▇▇ & ▇ygel Emerging Markets Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payd▇▇ & ▇ygel Global Balanced Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payd▇▇ & ▇ygel European Growth & Income Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payd▇▇ & ▇ygel International Equity Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Payd▇▇ & ▇ygel EuroDirect Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; and Payd▇▇ & ▇ygel European Aggressive Growth Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:". Amendment Effective June 30, 1999: The first paragraph of Section 4.2 of the Agreement is hereby amended to read in pertinent part as follow:
Examples of Class R in a sentence
If within one year after the second notice all Certificates shall not have been surrendered for cancellation, the Class R Certificateholders shall be entitled to all unclaimed funds and other assets of the Trust Fund which remain subject hereto.
If within one year after the second notice all Certificates shall not have been surrendered for cancellation, the Class R Certificateholders shall be entitled to all unclaimed funds and other assets of the Trust Fund that remain subject hereto.
The Class R Certificates shall be issued, maintained and transferred in minimum percentage interests of 10% of such Class R Certificates and in integral multiples of 1% in excess thereof.
Upon termination of the Trust and payment of the Certificates and of all administrative expenses associated with the Trust, any remaining assets of the Trust shall be distributed to the holders of the Class R Certificates.
Amounts distributed pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of each Class R Certificateholder, or by any other means of payment acceptable to each Class R Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.
More Definitions of Class R
Class R means, when combined with any other capitalized term defined in this Agreement, of or relating to the Class R Certificates.
Class R and "Class S" shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:". The undersigned hereby certify that the Amendment set forth above has been duly adopted in accordance with the provisions of the Master Trust Agreement.
Class R and "Class S" shares; Payden Short Bond Fund, which shall consist of two classes ▇▇ shares designated as "Class R" and "Class S" shares; Payden U.S. Government Fund, which shall consist of two ▇▇▇▇▇es of shares designated as "Class R" and "Class S" shares; Payden Core Bond Fund, which shall consist of two class▇▇ ▇▇ shares designated as "Class R" and "Class S" shares; Payden
Class R means Class R EUR, Class Rd EUR, Class R GBP, Class Rd GBP, Class R CHF, Class Rd CHF, Class R USD, Class Rd USD, Class R SGD, Class Rd SGD, Class R JPY and Class Rd JPY Shares in the Fund.
Class R and "Class S" shares; Payden Global Fixed Income Fund, which shall consist of two ▇▇▇▇▇es of shares designated as "Class R" and "Class S" shares; and Payden Emerging Markets Bond Fund, which shall consist of t▇▇ ▇▇▇sses of shares designated as "Class R" and "Class S" shares. The shares of each Sub-Trust and classes thereof and any shares of any further Sub-Trusts and classes thereof that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust or class a the time of establishing and designating the same) have the following relative rights and preferences:".
Class R means pertaining to Class A Certificates, Class A-IO Certificates, Class M Certificates, Class B Certificates, Class B-3I Certificates, Class P Certificate and/or Class R Certificate, as the case may be.
Class R and "Class S" shares; the Payd▇▇ & ▇ygel International Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Tax Exempt Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & Rygel Short Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Intermediate Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Investment Quality Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Limited Maturity Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel Short Duration Tax Exempt Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the Payd▇▇ & ▇ygel U.S. Government Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; the