Accounts serviced definition

Accounts serviced is defined as all open accounts at month end and accounts that close during the month, including underlying Shareholder accounts which may be held in an omnibus positions and serviced by other administrators. THE MAINSTAY FUNDS EQUITY FUNDS ACCOUNT RATES MainStay Capital Appreciation Fund $24.34 MainStay Common Stock Fund $24.34 MainStay Equity Index Fund $24.34 MainStay International Equity Fund $24.34 MainStay Large Cap Growth Fund $24.34 MainStay MAP Fund $24.34 MainStay Mid Cap Growth Fund $24.34 MainStay Mid Cap Value Fund $24.34 MainStay Small Cap Growth Fund $24.34 MainStay Small Cap Value Fund $24.34 MainStay Value Fund $24.34 FIXED INCOME & BLENDED FUNDS ACCOUNT RATES MainStay Convertible Fund $28.86 MainStay Diversified Income Fund $28.86 MainStay Global High Income Fund $28.86 MainStay Government Fund $28.86 MainStay High Yield Corporate Bond Fund $28.86 MainStay Institutional Bond Fund $28.86 MainStay Tax Free Bond Fund $28.86 MainStay Total Return Fund $28.86 MONEY MARKET FUND ACCOUNT RATES MainStay Money Market Fund $31.67 MainStay Principal Preservation Fund $31.67 ECLIPSE FUNDS EQUITY FUNDS ACCOUNT RATES Mid Cap Opportunity Fund $24.34 Small Cap Opportunity Fund $24.34 FIXED INCOME & BLENDED FUND ACCOUNT RATES Balanced Fund $28.86 ECLIPSE FUNDS INC. EQUITY FUNDS ACCOUNT RATES All Cap Growth Fund $24.34 Conservative Allocation Fund $24.34 Growth Allocation Fund $24.34 Growth Equity Fund $24.34 Large Cap Opportunity Fund $24.34 Moderate Allocation Fund $24.34 Moderate Growth Allocation Fund $24.34 S&P 500 Index Fund $24.34 MainStay 130/30 Core Fund $24.34 MainStay 130/30 Growth Fund $24.34 MainStay 130/30 International Fund $24.34 MainStay Retirement 2010 $24.34 MainStay Retirement 2020 $24.34 MainStay Retirement 2030 $24.34 MainStay Retirement 2040 $24.34 MainStay Retirement 2050 $24.34 FIXED INCOME & BLENDED FUNDS ACCOUNT RATES Floating Rate Fund $28.86 Income Manager Fund $28.86 Indexed Bond Fund $28.86 Intermediate Term Bond Fund $28.86 Short-Term Bond Fund $28.86 MainStay 130/30 High Yield Fund $28.86 MONEY MARKET FUND ACCOUNT RATES Cash Reserves Fund $31.67 ICAP FUNDS, INC. EQUITY FUNDS ACCOUNT RATES MainStay ICAP Equity Fund $24.34 MainStay ICAP Select Equity Fund $24.34 MainStay ICAP International Fund $24.34 MainStay ICAP Global Fund $24.34
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Examples of Accounts serviced in a sentence

  • Allocation of monthly costs among the Funds will generally be made based upon the number of Shareholder and Retirement Accounts serviced by Price Services each month.

  • The Servicer shall provide any and all reports on Accounts serviced hereunder required by the Regulations promulgated thereunder, as amended from time to time, to the appropriate credit bureau or credit information service and shall correct any errors caused by the incorrect reporting of information.

  • The Servicer shall provide any and all reports on Accounts serviced hereunder required by the applicable law, this Agreement, including without limitation the Servicing Guidelines, to the appropriate Consumer Reporting Agencies or credit information service and shall correct any errors caused by the incorrect reporting of information, in a timely manner not to exceed thirty (30) days.

  • Notwithstanding the foregoing, in the event any multilocation or national account relates exclusively to any Covered Account(s) serviced solely by the Acquired Facilities, Seller or an Affiliate shall assign all of their respective right, title, and interest in and to such agreements to Purchaser in such multilocation or national account pursuant to the terms of this Agreement.

  • The Servicer shall provide any and all reports on Accounts serviced hereunder required by this Agreement to the appropriate consumer reporting agencies or credit information service and shall correct any errors caused by the incorrect reporting of information as set forth in Section M.1 of the Servicing Guidelines.

  • The sub-agent earnings payment amount shall equal 2% of the immediately preceding month's actual Gross Sales Revenue from Direct Accounts serviced by such sub-agents for such month.

  • Upon any termination of this Agreement or the purchase of Accounts by Marketer or Marketer’s designee, Bank shall provide to Marketer all assistance reasonably necessary to enable Marketer to convert the Accounts serviced hereunder to the processing system designated by Marketer, and cooperate with Marketer in its efforts to effect such conversion, at the earliest reasonably practicable date.

  • The Tier Earnings payment amount shall equal the immediately preceding month's actual Gross Sales Revenue from Direct Accounts serviced by Central for such month multiplied by the lowest applicable Tier Earnings Payment Percentage.

  • For each Program Year, Solaris shall pay Central an amount, equal to (i) the actual Gross Sales Revenue from Direct Accounts serviced by Central for such Program Year multiplied by (ii) the Earnings Payment Percentage applicable to the lowest Tier Level in which total actual Gross Sales Revenue from all sources falls.

  • Accounts serviced is defined as all open accounts at month end and accounts which close during the month.

Related to Accounts serviced

  • Event of Servicing Termination means an event specified in Section 8.1 of the Sale and Servicing Agreement.

  • Specially Serviced Loan Any Serviced Loan (including a related REO Mortgage Loan or REO Companion Loan) as to which any of the following events has occurred:

  • Serviced Duty means all duties and obligations of the Sellers in a Corporate Trust Capacity under the Serviced Corporate Trust Contract related to each Serviced Appointment, in each case, other than any Retained Duty.

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Termination Proceeds means any proceeds arising out of a sale of Receivables (or interests therein) pursuant to subsection 12.01(b) of the Agreement with respect to Series 2001-D.

  • Serviced Loan A Serviced Mortgage Loan or Serviced Companion Loan.

  • Management Accounts Date means 30 September 2010;

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Master Servicer Event of Termination As defined in Section 7.01 hereof.

  • Average Daily Managed Assets of the Fund shall mean the average daily value of the total assets of the Fund, less all accrued liabilities of the Fund (other than the aggregate amount of any outstanding borrowings constituting financial leverage). The Adviser may waive a portion of its fees. If this Agreement becomes effective subsequent to the first day of a month or shall terminate before the last day of a month, compensation for such month shall be computed in a manner consistent with the calculation of the fees payable on a monthly basis. Subject to the provisions of Section 5 below, the accrued fees will be payable monthly as promptly as possible after the end of each month during which this Agreement is in effect.

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • Cross-Collateralized Group Any group of Mortgage Loans that are cross-collateralized and cross-defaulted with each other; provided that a Mortgage Loan shall be part of a Cross-Collateralized Group only if and for so long as such Mortgage Loan is cross-collateralized and cross-defaulted with each other Mortgage Loan in such Cross-Collateralized Group. There are no Cross-Collateralized Groups included as assets of the Trust as of the Closing Date.

  • Event of Termination has the meaning specified in Section 7.01.

  • Receivables Repurchase Obligation means any obligation of a seller of receivables in a Qualified Receivables Financing to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Ratings Event.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Off-Balance Sheet Obligations means liabilities and obligations of the Borrower, any Subsidiary or any other Person in respect of “off-balance sheet arrangements” (as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act) which the Borrower would be required to disclose in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of the Borrower’s report on Form 10-Q or Form 10-K (or their equivalents) which the Borrower is required to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Off-Balance Sheet Obligation means, with respect to any Person, any Obligation of such Person under a synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing classified as an operating lease in accordance with GAAP, if such Obligations would give rise to a claim against such Person in a proceeding referred to in Section 6.01(h).

  • Cross-Collateralized Mortgage Loan Any Mortgage Loan, that is, by its terms, cross-defaulted and cross-collateralized with any other Mortgage Loan; provided that the Mortgage Loans that are part of any Loan Combination shall not constitute Cross-Collateralized Mortgage Loans.

  • Serviced Loan Combination A Loan Combination that is being serviced pursuant to this Agreement. The only Serviced Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as to which “Serviced” is set forth in the Loan Combination Table under the column heading “Servicing Type,” together with any Servicing Shift Loan Combinations. A Servicing Shift Loan Combination will no longer be a Serviced Loan Combination on and after the related Servicing Shift Date.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Shared-Loss Asset Repurchase Price means, with respect to any Shared-Loss Asset, the principal amount thereof plus any other fees or penalties due from an Obligor (including, subject to the limitations discussed below, the amount of any Accrued Interest) stated on the Accounting Records of the Assuming Institution, as of the date as of which the Shared-Loss Asset Repurchase Price is being determined (regardless, in the case of a Shared-Loss Loan, of the Legal Balance thereof) plus all Reimbursable Expenses and Recovery Expenses incurred up to and through the date of consummation of purchase of such Shared-Loss Asset; provided, that (i) in the case of a Shared-Loss Loan there shall be excluded from such amount the amount of any Accrued Interest accrued on or with respect to such Shared-Loss Loan prior to the ninety (90)-day period ending on the day prior to the purchase date determined pursuant to Sections 2.1(e)(i) or 2.1(e)(iii) of this Commercial Shared-Loss Agreement, except to the extent such Accrued Interest was included in the Book Value of such Shared-Loss Loan, and (ii) any collections on a Shared-Loss Loan received by the Assuming Institution after the purchase date applicable to such Shared-Loss Loan shall be applied (without duplication) to reduce the Shared-Loss Asset Repurchase Price of such Shared-Loss Loan on a dollar-for-dollar basis. For purposes of determining the amount of unpaid interest which accrued during a given period with respect to a variable-rate Shared-Loss Loan, all collections of interest shall be deemed to be applied to unpaid interest in the chronological order in which such interest accrued.

  • Related Liability Amount with respect to any Related Liability on the books of the Assuming Institution, means the amount of such Related Liability as stated on the Accounting Records of the Assuming Institution (as maintained in accordance with generally accepted accounting principles) as of the date as of which the Related Liability Amount is being determined. With respect to a liability that relates to more than one asset, the amount of such Related Liability shall be allocated among such assets for the purpose of determining the Related Liability Amount with respect to any one of such assets. Such allocation shall be made by specific allocation, where determinable, and otherwise shall be pro rata based upon the dollar amount of such assets stated on the Accounting Records of the entity that owns such asset.