Benchmark Fund definition

Benchmark Fund means one or more of the mutual funds or contracts selected by the Committee pursuant to Article V.
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Benchmark Fund means one or more of the mutual funds or contracts selected by the Board pursuant to Section 5.3.1.
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Benchmark Fund means one or more of the mutual funds or contracts selected by the Deferred Compensation Committee pursuant to Section 4.3(a).
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Examples of Benchmark Fund in a sentence

  • The Committee shall establish and communicate the rules, procedures and deadlines for making and changing Benchmark Fund selections.

  • The Company shall have no obligation to acquire investments corresponding to the Participant’s Benchmark Fund selections.

  • The Company shall have no obligation to acquire investments corresponding to the Participant's Benchmark Fund selections.

  • Each Benchmark Fund seeks to provide investment results that match the performance of a specific benchmark.

  • If a Participant does not make such an election, the distribution shall be deemed to come proportionally from each Benchmark Fund in which the Participant’s Account is deemed to be invested.

  • Company shall have no obligation to acquire investments corresponding to the Participant’s Benchmark Fund selections.

  • Each participant may elect, on a form provided by the Administrator, that distributions which are to be made to the Participant in installments following Separation from Service shall be deemed to come first from the money market fund included as a Benchmark Fund, in Appendix A, to the extent the Participant’s hypothetical Account is invested in such money market fund.

  • In the event no permissible Member election has been made, the Sponsoring Company may, in its sole discretion, deem the Member to have elected that 100% of his contributions shall be invested in the money market fund, provided that in the case of a Pension Member who fails to make an election as of April 1, 1998, the Sponsoring Company shall deem the Member to have elected that 100% of his Basic Contributions shall be invested in the Retirement Benchmark Fund.

  • The Participant’s election of any such Benchmark Fund and the crediting or debiting of the Earnings Rate to the Participant’s Subaccounts shall not be considered or construed in any manner as an actual investment of his or her Subaccounts in any such Benchmark Fund.

  • On or before the date that is three (3) Business Days prior to the date scheduled for the Closing, Benchmark will provide Mergeco with written notice (the "Funded Debt Notice"), which notice shall set forth the payments necessary to be made in order for the Funded Debt of Benchmark, Fund I, Fund IV, Fund VII and Fund VIII to be repaid in full and retired as of the Effective Time of the Merger.


More Definitions of Benchmark Fund

Benchmark Fund means any of the investment vehicles used as hypothetical measuring devices to determine the returns to be credited on amounts allocated to Participants' Accounts as described in Section 3.1.
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Related to Benchmark Fund

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.24(a).

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Benchmark Administrator means, initially, the SOFR Administrator, or any successor administrator of the then-current Benchmark or any insolvency or resolution official with authority over such administrator.

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • Benchmarks mean the performance milestones that are set forth in Appendix D.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Administrator/Benchmark Event Date means, in respect of an Administrator/Benchmark Event, the date on which the authorisation, registration, recognition, endorsement, equivalence decision, approval or inclusion in any official register is (i) required under any applicable law or regulation; or

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Relevant Benchmark means the Index, the Reference Interest Rate and any other index, benchmark or price source by reference to which principal or other amounts payable under the Securities is calculated.

  • Net Settlement Fund means the Settlement Fund less: (i) Court-awarded attorneys’ fees and expenses; (ii) Notice and Administration Expenses; (iii) Taxes; and (iv) any other fees or expenses approved by the Court.

  • 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.