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BB&T Funds definition

BB&T Funds entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders or representatives of the Trust personally, but bind only the assets of the Trust, and all persons dealing with any series of shares of the Trust must look solely to the assets of the Trust belonging to such series for the enforcement of any claims against the Trust.
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BB&T Funds and "Trustees of BB&T Funds" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under an Agreement and Declaration of Trust dated as of October 1, 1987 to which reference is hereby made and a copy of which is on file at the office of the Secretary of State of The Commonwealth of Massachusetts and elsewhere as required by law, and to any and all amendments thereto so filed or hereafter filed. The obligations of "BB&T Funds" entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders or representatives of the Trust personally, but bind only the assets of the Trust, and all persons dealing with any series of shares of the Trust must look solely to the assets of the Trust belonging to such series for the enforcement of any claims against the Trust.
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BB&T Funds entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders or representatives of the Trust personally, but bind only the assets of the Trust, and all persons dealing with any series of shares of the Trust must look solely to the assets of the Company belonging to such series for the enforcement of any claims against the Trust. The execution and delivery of this Agreement have been authorized by the Trustees, and this Agreement has been signed and delivered by an authorized officer of the Trust, acting as such, and neither such authorization by the Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on them personally, but shall bind only the trust property of the Trust as provided in the Trust's Declaration of Trust.
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Examples of BB&T Funds in a sentence

  • Investment Persons of the BB&T Funds are: the portfolio manager for the Fund and all members of the Fund’s portfolio management/research team (including analysts); all trading personnel who, either regularly or on an occasional basis, assist in the execution of that Fund’s trades; and any other individual who, either individually or as part of a group, makes decisions about that Fund’s investments.

  • Access Persons of the BB&T Funds are: officers and directors of BB&T AM or of the BB&T Funds, all Investment Personnel as defined above, and any other employees of BB&T AM who in the normal course of their duties obtain information about the investment recommendations relating to one or more Funds or their purchases and sales of securities.

  • Access Persons of the BB&T Funds are: officers and directors of BB&T AM or of the BB&T Funds, all Investment Personnel as defined below, and any other employees of BB&T AM who in the normal course of their duties obtain information about the investment recommendations relating to one or more Funds or their purchases and sales of securities.

  • We assume the hedger receives or delivers shares of the risky asset Sdk3 +1,k3 , which are supposed to have low credit risk and should be uncorrelated with the underlying trading portfolio.

  • The obligations of "BB&T Funds" entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders or representatives of the Trust personally, but bind only the assets of the Trust, and all persons dealing with any series of shares of the Trust must look solely to the assets of the Trust belonging to such series for the enforcement of any claims against the Trust.

  • Investment Persons of the BB&T Funds are: the portfolio manager for the Fund and all members of the Fund's portfolio management/research team (including analysts); all trading personnel who, either regularly or on an occasional basis, assist in the execution of that Fund's trades; and any other individual who, either individually or as part of a group, makes decisions about that Fund's investments.

  • The Sub-Adviser may terminate this Agreement upon 90 days written notice upon Sub-Adviser’s sole determination that there exists (a) a wholesale distribution arrangement involving this Fund or (b) that the Fund is actively marketed or sold through broker-dealers to persons who are otherwise non-clients of BB&T Funds.

  • Upon receipt or completion of the Pre-clearance Request Form, the Manager of Trading, Director of Compliance, or either's delegate will determine whether or not the proposed transaction would conflict with a proposed or actual transaction for the BB&T Funds and will notify the requesting person whether clearance has been granted or denied.

  • These Bylaws shall be subject to the Agreement and Declaration of Trust, as from time to time in effect (the "Declaration of Trust"), of BB&T Funds, the Massachusetts business trust established by the Declaration of Trust (the "Trust").

  • This Plan supersedes all previous correspondence and oral communications between the parties regarding the subject matter hereof, constitutes the only understanding with respect to such subject matter, may be changed only by duly adopted resolution of the Board of Trustees of BB&T Funds, and shall be construed in accordance with and governed by the laws of The Commonwealth of Massachusetts.


More Definitions of BB&T Funds

BB&T Funds entered into in the name or on behalf thereof by any of the Trustees, officers, employees or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, officers, employees, agents or shareholders of BB&T Funds personally, but bind only the assets of BB&T Funds and all persons dealing with any series or funds of BB&T Funds, including Small Cap Fund and Small Cap Value Fund, must look solely to the assets of BB&T Funds belonging to such series or funds for the enforcement of any claims against BB&T Funds.
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BB&T Funds and "Trustees of BB&T Funds" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under the Agreement and Declaration of Trust dated as of _______________ to which reference is hereby made and a copy of which is on file at the office of the Secretary of State of the Commonwealth of Massachusetts and elsewhere as required by law, and to any and all amendments thereto so filed or hereafter filed. The obligations of BB&T Funds entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Shareholders or representatives of the Trust personally, but bind only the assets of the Trust, and all persons dealing with any series of Shares of the Trust must look solely to the assets of the Trust belonging to such series for the enforcement of any claims against the Trust. Please confirm that the foregoing is in accordance with your understanding by indicating your acceptance hereof at the place designated below, whereupon it shall become a binding agreement between us. Yours very truly, BB&T VARIABLE INSURANCE FUNDS By: _______________________ Accepted: _______________________________________ By: __________________ C-45 Dated: ____________ Schedule A to the Distribution Agreement BB&T VARIABLE INSURANCE FUNDS By:_____________________________ Title:__________________________ ________________________________ By:_____________________________ Title:_________________________ Dated: _________________ Schedule B to the Distribution Agreement BB&T VARIABLE INSURANCE FUNDS By:____________________________ Title:_________________________ _______________________________ By:____________________________ Title:_________________________ Dated: ___________ Schedule C to the Distribution Agreement BB&T VARIABLE INSURANCE FUNDS [ ] By:__________________________ Title: ______________________ By:_________________________ Title: _____________________ Dated: ____________ Schedule D to the Distribution Agreement
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BB&T Funds entered into in the name or on behalf thereof by any of the Trustees, officers, employees or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, officers, employees, agents or shareholders of BB&T Funds personally, but bind only the assets of BB&T Funds and all persons dealing with any series or funds of BB&T Funds, including Mid Cap Growth Fund and Mid Cap Value Fund, must look solely to the assets of BB&T Funds belonging to such series or funds for the enforcement of any claims against BB&T Funds. BB&T FUNDS on behalf of its series BB&T Mid Cap Growth Fund By: /s/ Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President BB&T FUNDS on behalf of its series BB&T Mid Cap Value Fund By: /s/ E.G. Xxxxxxx, III Name: E.G. Xxxxxxx, III Title: President STERLING CAPITAL MANAGEMENT LLC with respect to Section 5 only By: /s/ Xxxxxxxxx X. XxXxxxxxx Name: Xxxxxxxxx X. XxXxxxxxx Title: Chief Executive Officer [PAGE BREAK] BB&T FUNDS BB&T Small Cap Fund and Sterling Capital Small Cap Value Fund AGREEMENT AND PLAN OF REORGANIZATION This Agreement and Plan of Reorganization, having been approved by the Board of Trustees of BB&T Funds, is made as of December 16, 2009 between BB&T Funds, on behalf of its series BB&T Small Cap Fund and Sterling Capital Small Cap Value Fund, and Sterling Capital Management LLC ("Sterling") (the "Plan"). The capitalized terms used herein shall have the meaning ascribed to them in this Plan.
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BB&T Funds and "Trustees of BB&T Funds" refer respectively to the Trust created and the Trustees, as trustees but not individually or personally, acting from time to time under the Agreement and Declaration of Trust dated as of October 1, 1987 to which reference is hereby made and a copy of which is on file at the office of the Secretary of State of the Commonwealth of Massachusetts and elsewhere as required by law, and to any and all amendments thereto so filed or hereafter filed. The obligations of BB&T Funds entered into in the name or on behalf thereof by any of the Trustees, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, Shareholders or representatives of the Trust personally, but bind only the assets of the Trust, and all persons
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Related to BB&T Funds

  • Fresh Funds means funds that:

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Settlement Funds means Standard Settlement Funds and Maximizing Settlement Funds.

  • Public funds means money belonging to the government.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Trust Funds means, in the aggregate, all of the Funds and Accounts.

  • BlackRock Funds and “Trustees of BlackRock Funds” refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated December 22, 1988, as amended, which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Fund. The obligations of “BlackRock Funds” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, officers, representatives or agents of the Fund personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of shares of the Fund must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Fund.

  • State funds means any funds appropriated by the North Carolina General Assembly or collected by the State of North Carolina. State funds include federal financial assistance received by the State and transferred or disbursed to non-State entities. Both Federal and State funds maintain their identity as they are disbursed as financial assistance to other organizations.

  • Project Funds means all moneys disbursed to the Recipient by the State Water Board for eligible Project Costs pursuant to this Agreement.

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Reserve Funds means, collectively, the Tax and Insurance Escrow Fund, the Replacement Reserve Fund, the Required Repair Fund, the Initial Renovation Reserve Fund, the Interest Reserve Fund, the General Reserve Fund, any funds on deposit in the Construction Loan Reserve Account, any Shortfall Funds and any other escrow fund established pursuant to the Loan Documents.

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Activity funds means all funds received by school officials

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

Most Referenced Clauses

Most Referenced Definitions