Ancillary Fund definition

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Ancillary Fund means any mutual fund or registered investment company designated by Sponsor, which is (i) advised, sponsored or distributed by a duly licensed

Examples of Ancillary Fund in a sentence

The parties to this Agreement recognize and agree that the Sponsor may from time-to-time designate an Ancillary Fund in which all or a portion of the contributions to a Custodial Account may be invested and reinvested.
Despite any contrary provision of this Agreement, neither the Custodian nor the Service Company has any discretion with respect to the designation of any Ancillary Fund.
The Employer and the Union hereby agree that each and all of the existing Trust Funds provided for in this Agreement shall be continued for the life of this Agreement, with the exception of the Ancillary Fund, which is being merged.
If the Depositor does not give such instructions, or if such instructions are unclear or incomplete in the opinion of the Service Company, the Service Company may invest such liquidation or other proceeds in such other Fund (including a money market fund or Ancillary Fund if available) as the Sponsor designates, and provided that the Sponsor gives at least thirty (30) days advance written notice to the Depositor and the Service Provider.
PayPal Giving Fund Australia is a Public Ancillary Fund (ABN 65 106 950 945) registered with the Australian Charities and Not-for-profits Commission and endorsed by the Australian Taxation Office as a tax concession charity and deductible gift recipient.
Subject to the provisions of Section 9.03 below, the term “Fund” includes an Ancillary Fund.
If the Depositor does not give such instructions, or if such instructions are unclear or incomplete in the opinion of the Service Company, the Service Company may invest such liquidation or other proceeds in such other Fund (including a money market fund or Ancillary Fund if available) as the Sponsor designates, and provided that the Sponsor gives at least thirty (30) days advance written notice to the Depositor and the Service Company.
PayPal Giving Fund (ABN 65 106 950 945) will receive all the Donations as the charity on record in its capacity as a Public Ancillary Fund and charity registered with the Australian Charities and Not-for-profits Commission with Deductible Gift Recipient status, subject to its Donor Terms of Service, which is hereby incorporated into these Terms.
As the Closed Ancillary Fund gets released over time, the amount will be transferred to the Shareholders’ Account.
PayPal Giving Fund Australia is a Public Ancillary Fund (ABN 65 106 950 945) registered with the Australian Charities and Not- forprofits Commission and endorsed by the Australian Taxation Office as a tax concession charity and deductible gift recipient.

More Definitions of Ancillary Fund

Ancillary Fund means any Fund endorsed under Item 2 of the Table at Section 30-15 of ITAA 97. "Public Fund" means any public fund maintained separately from the general assets of the Foundation and includes all of the assets which Section 30-125(6) Income Tax Assessment ▇▇▇ ▇▇▇▇ requires to be transferred upon revocation of endorsement of the Foundation as a deductible gift recipient or other events specified in Sec 30-125(7).

Ancillary Fund means any mutual fund or registered investment company designated by Sponsor, which is (i) advised, sponsored or distributed by a duly licensed mutual fund or registered investment company other than the Custodian, and (ii) subject to a separate agreement between the Sponsor and such mutual fund or registered investment company, to which neither the Custodian nor the Service Company is a party; provided, however, that such mutual fund or Participant may revoke the Custodial Account established hereunder by mailing or delivering a written notice of revocation to the Custodian within such time limits as may be specified in such regulations or rulings. Mailed notice is treated as given to the Custodian on date of the postmark (or on the date of Post Office certification or registration in the case of notice sent by certified or registered mail). Upon timely revocation, the Participant’s initial contribution will be returned as provided in such regulations or rulings. The Participant may certify in the Adoption Agreement that the Participant has received the Disclosure Statement related to the Custodial Account at least seven days before the Participant signed the Adoption Agreement to establish the Custodial Account, and the Custodian may rely upon such certification.