Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 2
Free Exchange means issuing a transfer share upon immediate investment of proceeds realized on a commission share's redemption.
Relevant Contract Types
Relevant Circumstances
- In the event of company liquidation or solvency issues
- During the execution of stock buyback programs
- When changing shareholders or restructuring company ownership
Relevant Sectors
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Free Exchange means exchanging a share of one fund for another, waiving redemption fees, treating the new share as a continuation of the original investment.
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