Alternative Investments. For alternative investment products, such as private funds, trail payments may be as high as 1.25% on an annual basis. Trail payments for managed futures funds can be as high as 2% annually.
Alternative Investments. The Depositor may, at the Depositor’s discretion, direct the Custodian to purchase “alternative” investments which shall include, but not be limited to, investments which are individually negotiated by the Depositor and/or the Depositor’s agent, or part of a private placement of securities offered in reliance upon exemptions provided by Sections 3(B) and 4(2) of the Securities Act of 1933 and Regulation D promulgated thereunder. It is the Depositor’s sole responsibility to determine whether or not the Depositor’s selected investment(s) is required to be registered as a security with any applicable federal and/or state regulatory authority. The Custodian reserves the right to not follow such direction or process such investment(s) for administrative reasons. Such action should not be construed as investment advice or an opinion by the Custodian as to the investment's prudence or viability. If the Depositor or the Depositor’s agent should direct the Custodian to purchase an alternative investment, as defined above, the following special certifications and provisions shall apply:
a) The Depositor agrees to submit or cause to be submitted all offering documentation related to the alternative investment for an administrative review by the Custodian, if so requested. The Custodian reserves the right to charge a reasonable fee for such administrative review.
b) If the alternative investment(s) contains a provision for future contractual payments or assessments, including margin calls, the Depositor acknowledges that such payments shall be borne solely by the Depositor’s Account, that authorization to make such payments shall come from the Depositor or the Depositor’s agent, and that making such payments may reduce or exhaust the value of the Depositor’s Account. The Depositor further agrees to maintain sufficient liquid funds in the Depositor’s Account to cover any such payments or assessments and agrees that the Custodian is not responsible for monitoring the balance of the account to verify compliance with this Section.
c) If the alternative investment(s) contain administrative and/or management requirements or duties beyond the Custodian’s capabilities or expertise to provide, then the Depositor agrees to seek out suitable agents or counsel necessary to perform such duties and deliver a written service agreement acceptable to the Custodian for execution on behalf of the Depositor’s Account.
d) If the Depositor directs the Custodian to enter into an individuall...
Alternative Investments. The Offer will permit Unitholders to liquidate their investment in the Partnership, which could then allow such holders to invest in less speculative and more liquid alternative investments which may yield greater annual cashflows. According to information provided by the Partnership, the Partnership distributed $2.00 per Unit in operational cashflow for each of the first three quarters of 1996. Based on the then applicable NAV of $154 per Unit, applicable to the first three quarters of 1996, annualized cashflow per Unit is approximately 5.2
Alternative Investments. For alternative investment products, such as publicly offered, non-traded business development companies (“BDCs”) or real estate investment trusts (“REITs”), the upfront sales charge may be as high as 5.50%.
Alternative Investments. LPL charges alternative investment sponsors up to $30,000 for initial products that are on- boarded to LPL’s platforms and $15,000 for follow-on offerings.
Alternative Investments. The following Section 5.23 is hereby added to the Credit Agreement:
Alternative Investments. Borrower may use proceeds of the Loans to make Alternative Investments, provided, however, that as of the last day of each calender quarter, the total book value, calculated in accordance with GAAP but without deduction for depreciation, of Alternative Investments made from and after the closing of the Merger shall not exceed 20% of Combined Asset Value. For purposes hereof, "ALTERNATIVE INVESTMENTS" means any investment other than (i) the acquisition of a Real Property Asset more than 75% of the rentable area of which is leased to a single tenant, whether directly or through a joint venture, or (ii) development activities as described in Section 5.17. Whether directly or through a joint venture.
Alternative Investments. (a) If, at any time, sufficient Qualifying Employer Securities are not available, in the open market or through private purchase, including purchase from the Corporation or any other shareholder, or if conditions are such that the Master Trustee shall deem it impractical to invest in Qualifying Employer Securities at that time, it shall invest in such short-term or other investments, including by way of illustration and not limitation, bonds, debentures, notes, mortgages or mortgage participations, preferred or common stocks, any collective, common or pooled trust fund operated or maintained by any bank or trust company, including the Master Trustee or any affiliate of the Master Trustee, which has a stated policy of investments in demand notes, short- term and cash-equivalent funds, exclusively for the commingling and collective investment of monies or other assets held under or as part of a plan which is established in conformity with and qualifies under Section 401(a) of the Code, or other stocks or property, as the Master Trustee may, in its sole discretion, deem advisable.
(b) Notwithstanding the provisions of this Trust which place restrictions upon the actions of the Trustee, to the extent monies or other assets are transferred to a collective, common or pooled trust referred to in Section 7.2(a) in exchange for an interest in such collective trust, the terms and conditions of the plan of such collective trust shall solely govern the investment duties, responsibilities and powers of the Master Trustee of such collective trust, and to the extent required by law, such terms responsibilities and powers shall be incorporated herein by reference and shall be part of this Agreement. For the purpose of valuation of any interest under the Plan of which this Master Trust forms a part, the value of the interest maintained by the Fund in such collective trust shall be the fair market value of the collective fund units held determined in accordance with generally recognized valuation procedures. The Corporation expressly understands and agrees that any such collective investment fund may provide for the lending of its securities by the collective investment fund trustee and that such collective investment fund trustee will receive compensation for the lending of securities that is separate from any compensation of the Master Trustee hereunder, or any compensation of the collective investment fund trustee for the management of such fund.
(c) The Master Trustee m...
Alternative Investments. Strategies involving “alternative” investments generally include those which do not fall into equity, fixed income or cash equivalents. Such investments would include “real assets” such as real estate and commodities, and alternative strategies such as absolute return strategies and various other hedge fund-type strategies: global macro, managed futures, long/short equity, multi-strategy, event driven, private equity, etc. The goal of these alternative strategies is to provide for diversification in order to lower portfolio volatility and enhance long-term returns. The alternative investments we recommend are managed through ETFs; they are not individual holdings. We do not directly invest in any Alternative Investments including Hedge Funds, Managed Futures Accounts, Private Equity or Real Estate Investment Trusts.
Alternative Investments. Subject to the prior written consent of Seller, which will not be unreasonably withheld or delayed, Buyer may direct Escrow Agent to invest the earnest money deposit in other than federally-insured moxxx xxxket accounts, provided, however, that all investment risk with respect to any such investments shall be borne 100% by Buyer.
