SEGREGATED ASSETS Sample Clauses
The Segregated Assets clause establishes that certain assets are to be kept separate from other assets, typically to protect them from being used to satisfy unrelated obligations. In practice, this means that assets designated as segregated—such as client funds or collateral—are held in distinct accounts or are otherwise clearly identified and not commingled with the general assets of a party. This clause ensures that these assets remain insulated from claims by third parties or creditors, thereby safeguarding the interests of the party for whom the assets are held and reducing the risk of loss due to insolvency or other financial issues.
SEGREGATED ASSETS. Certain Fund Transactions (e.g., when-issued securities, delayed delivery transactions, and reverse repurchase agreements) require the Fund to segregate liquid assets sufficient to cover the future liability involved in these transactions. The Fund’s Investment Advisor will instruct the custodian to segregate those assets on the custodian’s books. The Custodian need not physically segregate the assets. The Custodian may note on its books that the selected assets are “segregated.” The Advisor will review the value of the segregated assets and will instruct the Custodian to place additional assets in the Segregated Asset status if the value of the assets falls below the commitment value of the Fund. The Custodian will provide internet report access to authorized representatives of the Advisor. The Advisor will review the Custodian’s report for compliance.
SEGREGATED ASSETS. Borrower has and will maintain its assets in such manner that it will not be costly or difficult to segregate, ascertain or identify its individual assets from those of any Affiliate or any other Person. Parent shall not cause any business opportunities of Borrower to be directed to Parent or to any Credit Party other than Borrower, or take any other action which advantages Parent or any other Credit Party, to the disadvantage of Borrower.
SEGREGATED ASSETS. 1. The assets held in support of the DIO reserves shall be segregated in such a way as to comply with applicable regulations.
SEGREGATED ASSETS. Certain Transactions (e.g., when-issued securities, delayed delivery transactions, and reverse repurchase agreements) require the Trust to segregate liquid assets sufficient to cover the future liability involved in these transactions. The Trust’s investment advisor will instruct the Custodian to segregate those assets on the Custodian’s books. The Custodian need not physically segregate the assets. The Custodian may note on its books that the selected assets are “segregated.” The investment advisor will review the value of the segregated assets and will instruct the Custodian to place additional assets in the segregated asset status if the value of the assets falls below the commitment value of the Trust. The Custodian will provide Internet report access to authorized representatives of the advisor and the advisor will review the Custodian’s report for compliance.
SEGREGATED ASSETS. Certain Fund Transactions (e.g., when-issued securities, delayed delivery transactions, and reverse repurchase agreements) require the Fund to segregate liquid assets sufficient to cover the future liability involved in these transactions. The Fund’s Investment Advisor will instruct the custodian to segregate those assets on the custodian’s books. The Custodian need not physically segregate the assets. The Custodian may note on its books that the selected assets are “segregated.” The Advisor will review the value of the segregated assets and will instruct the Custodian to place additional assets in the Segregated Asset status if the value of the assets falls below the commitment value of the Fund. The Custodian will provide internet report access to authorized representatives of the Advisor. The Advisor will review the Custodian’s report for compliance. Authorized Signer’s Resolution Fifth Third Bank National Association June 2022
SEGREGATED ASSETS. Notwithstanding anything to the contrary contained in the Agreement and subject to Lender complying with the corporate formalities required in the jurisdiction of its formation and under the Investment Company Act of 1940 to ensure that the liabilities of each Series are not the liabilities of any other Series, GSAL acknowledges and agrees that the assets of each Series shall belong exclusively to that Series, shall be segregated by Lender from the assets of the other Series, shall not be used to discharge directly or indirectly the liabilities of or claims against any other Series and shall not be available for any such purpose. Subject to Lender complying with the corporate formalities required in the jurisdiction of its formation and under the Investment Company Act of 1940 to ensure that the liabilities of each Series are not the liabilities of any other Series, GSAL acknowledges and agrees that the assets and revenues of all the Series will not represent an aggregate pool of assets for the purpose of discharging the payment obligations of the Lender under this Agreement.
SEGREGATED ASSETS. Certain Fund Transactions (e.g., when-issued securities, delayed delivery transactions, and reverse repurchase agreements) require the Fund to segregate liquid assets sufficient to cover the future liability involved in these transactions. The Fund’s Investment Advisor will instruct the Custodian to segregate those assets on the Custodian’s books. The Custodian need not physically segregate the assets. The Custodian may note on its books that the selected assets are “segregated.” The Advisor will review the value of the segregated assets and will instruct the Custodian to place additional assets in the Segregated Asset status if the value of the assets falls below the commitment value of the Fund. The Custodian will provide internet report access to authorized representatives of the Advisor. The Advisor will review the Custodian’s report for compliance. Page 14 of 42 09/2024
SEGREGATED ASSETS. Certain Fund Transactions (e.g., when-issued securities, delayed delivery transactions, and reverse repurchase agreements) require the Fund to segregate liquid assets sufficient to cover the future liability involved in these transactions. The Fund’s investment advisor (the “Advisor”) will instruct the Custodian to segregate those assets on the Custodian’s books. The Custodian need not physically segregate the assets. The Custodian may note on its books that the selected assets are “segregated”. The Advisor will review the value of the segregated assets and will instruct the Custodian to place additional assets in the Segregated Asset status if the value of the assets falls below the commitment value of the Fund. The Custodian will provide Internet report access to authorized representatives of the Advisor. The Advisor will review the Custodian’s report for compliance with segregation requirements.