New Class definition

New Class is defined in Exhibit D to the Indenture.
New Class is defined as the classification to which the employee is promoted, within the meaning of Article 27, Promotions.
New Class has the meaning set forth in Section 9.02(d).

Examples of New Class in a sentence

  • If deemed advisable by the Trustees to implement the foregoing, and at the sole discretion of the Trustees, such action may include the exchange of all Class B Shares of that Portfolio for a new class of that Portfolio (the "New Class B Shares"), identical in all material respects to the Class B Shares of that Portfolio except that the New Class B Shares will automatically convert into the New Class A Shares.

  • The “Pro Rata Share” of any Lender on the Applicable Date is the ratio of (1) the sum of such Lender’s Existing Class Loans immediately prior to the Applicable Date plus the amount of New Class Loans made by such Lender on the Applicable Date over (2) the aggregate principal amount of all Class Loans on the Applicable Date.

  • Accordingly, for these purposes, a conversion notice will be treated as a Redemption Request Form in respect of the Original Class and as an Application Form in respect of Shares of the New Class.

  • When requesting the exchange of Shares as an initial investment in a Fund, Shareholders should ensure that the value of the Shares exchanged is equal to, or exceeds, the Minimum Initial Investment Amount for the relevant New Class specified in the Supplement for the relevant Fund.

  • Where there is an exchange of Shares, Shares of the New Class will be allotted and issued in respect of and in proportion to the Shares of the Original Class in the proportion S to R.

  • The “Pro Rata Share” of any Lender on the Applicable Date is the ratio of (1) the sum of such ▇▇▇▇▇▇’s Existing Class Loans immediately prior to the Applicable Date plus the amount of New Class Loans made by such Lender on the Applicable Date over (2) the aggregate principal amount of all Class Loans on the Applicable Date.

  • The general provisions and procedures relating to redemptions of Shares of the Original Class and subscriptions for Shares of the New Class will apply to any conversion of Shares.

  • The number of Units of the New Class to be issued is calculated in accordance with the following formula: NNS = (NOS * POS * EXR ) , where is the number of Units of the New Class; is the number of Units of the Original Class; is the Redemption Price per Unit in the Original Class as of the relevant Valuation Day; is the exchange rate used for currency conversions (if any) as determined by the Administrator; and is the Subscription Price per Unit in the New Class as of that same Valuation Day.

  • A Unitholder may convert some or all of its Units in one Class (the "Original Class") to Units in another Class (the "New Class"), provided such a Unitholder qualifies for investment in the New Class, by requesting a redemption of their Units in the Original Class and a simultaneous application the redemption proceeds in paying up for the subscription of the Units of the New Class.

  • A Unitholder may convert some or all of its Units in one Class (the "Original Class") to Units in another Class (the "New Class"), provided such a Unitholder qualifies for investment in the New Class, by requesting a redemption of their Units in the Original Class and a simultaneous application of the redemption proceeds in paying up for the subscription of the Units of the New Class.


More Definitions of New Class

New Class means a class not previously existing in the classification/compensation plan. A new class is created only when one or more positions under study are so different from others that they cannot be reasonably allocated to any existing classes.
New Class means all Money Mart customers who in the period July 12, 2009 to October 31, 2009 entered into their first Eligible Fast Cash Advance Transaction in B.C., excluding those persons who opt-out of the Settlement in accordance with this Agreement;
New Class has the meaning set forth in Section 3.3(b) hereof.
New Class is defined as the classification to which the employee is promoted, within the meaning of Article 27, Promotions. 11.1 All employees in the bargaining unit shall be paid once per month payable on or before the last working date of the month. If the normal pay date falls on a holiday, the paycheck shall be issued on the preceding workday.
New Class means a class which did not formerly exist within the appropriate compensation plan, and represents a new concept of work for which an initial pricing action was taken.
New Class means all Money Mart customers who in the period September 10, 2007 to the last day of the Settlement Period engaged in their first payday loan and/or fast cash advance in Ontario with Money Mart or a Former Franchisee or a Current Franchisee which was repaid using a first party personal cheque delivered at the time the loan was obtained provided such cheque was honoured by the bank;

Related to New Class

  • Class when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans or Swingline Loans.