The Portfolio. The Portfolio covenants that:
The Portfolio. The investment objectives and any restrictions on the types of investments and markets in which transactions may be affected are prescribed in applicable laws (see Paragraph 2 of the Agreement) and are set-out in the Funds' Prospectuses and the Statements of Additional Information or as notified to and accepted by the Sub-Advisor in accordance with the terms of the Agreement.
The Portfolio. The investment objectives and any restrictions on the types of investments and markets in which transactions may be affected are prescribed in applicable laws (see Clause 2 of the Agreement) and are set-out in each prospectus for Class Y, Class K, Class A, B, C shares (the "Prospectus") and the Statement of Additional Information or as notified to and accepted by the Sub-Advisor in accordance with the terms of the Agreement.
The Portfolio. Unless otherwise explicitly stated, the Vendor is the source of all information contained in this section.
The Portfolio. 3.1 The Fund and Xxxxxxx shall make available shares of the Portfolio as an underlying investment medium for the Contracts.
3.2 The Fund shall bear the costs of, and shall have, or shall cause the Fund and the Portfolio to assume, the primary responsibility for:
3.2.1 Registering the Fund with the SEC, including a separate prospectus for the Portfolio that does not reference the other portfolios of the Fund. The costs of printing and distributing such prospectus to Contract Owners shall be borne by Mutual as provided in Section 2.6.5 above; <PAGE>
3.2.2 Preparing, producing and maintaining the effectiveness of such registration statements for the Fund as are required under federal and state securities law, and clearing such registration statements through the SEC and pursuant to the securities laws and regulations in each state in which the contracts are offered;
3.2.3 Maintaining and complying with the terms of an order for exemptive relief pursuant to which the SEC granted appropriate exemptive relief from the relevant provisions of the 1940 Act to permit Mutual and other insurance companies to utilize the Fund as an underlying investment medium for their variable annuity and variable life insurance contracts;
3.2.4 Operating and maintaining the Fund in accordance with applicable law, including the diversification standards of the Internal Revenue Code of 1986 applicable to variable annuity contracts;
3.2.5 Preparing and filing any reports or other filings as may be required with respect to the Fund under federal or state securities laws;
3.2.6 Using its best efforts to provide Mutual with the daily net asset values of the Portfolio by 5:00 p.m. Eastern Time on each day the New York Stock Exchange is open (or within one hour after closing on each day the New York Stock Exchange closes early);
3.2.7 Providing Mutual with camera-ready copy necessary for the printing of the periodic shareholder reports and the prospectus for the Portfolio;
3.2.8 Providing Mutual with monthly performance data by the 6th business day after the close of a month and with such information and data related to the portfolio characteristics, holdings, and performance of the Portfolio, as may reasonably be requested from time to time;
3.2.9 Informing Mutual in writing whenever the Portfolio declares an income dividend or a capital gain distribution, specifying the amount per unit, the declaration date, the ex-dividend date, and the payment date.
3.2.10 Providing Mutual with drafts o...
The Portfolio. The Portfolio represents and warrants to the Fund that:
The Portfolio. The Portfolio represents and warrants to the Trusts that:
The Portfolio. 3.1 The Portfolio will initially comprise the investments identified in Schedule 1 which the Client has placed or will forthwith place with CAAM. These investments may be further sub-allocated to funds as specified by the Client (each a “Fund”). A general description of the nature and risks of the investments that may be held in the Portfolio is included at Schedule 3.
3.2 The Client may add to the Portfolio by notifying CAAM of the investments it proposes to add and the date on which it is proposed they should be added. CAAM shall confirm receipt of such notice to the Client and the investments concerned shall be treated as added to the Portfolio on the date on which the Custodian confirms to CAAM it has received them and is authorised to accept CAAM’s instructions in respect of them.
3.3 The Client may at any time and from time to time notify CAAM that the Client wishes to withdraw any cash, securities or other assets from the Portfolio, subject always to fulfilling existing trading commitments.
3.4 Any income arising from the investments in the Portfolio shall be retained in, and shall form part of, the Portfolio unless otherwise notified by the Client.
The Portfolio. E.1 of the contract states that the tenure candidate must maintain a tenure portfolio to be submitted as part of the tenure process.
