Cash Sweep Program definition

Cash Sweep Program means the program offered through the Initial Funding Bank Account for the investment of monies in the Custodial Account, the terms of which program have been disclosed to the Fund.
Cash Sweep Program means the array of money funds and bank sweep products available in Your Account as sweep options.
Cash Sweep Program has the meaning set forth in Section ‎2.8(h).

Examples of Cash Sweep Program in a sentence

  • Please note if you elect not to participate in the Cash Sweep Program, accruing cash balances will not earn a rate of return prior to direct investment.

  • In addition, available cash will not be automatically swept into any money market mutual fund or other investment that you purchase outside of the Cash Sweep Program.

  • You may also elect not to participate in the Cash Sweep Program and instead periodically invest cash balances directly.

  • The rate of return on any of our sweep vehicles may be lower than that of similar investments offered outside of the Cash Sweep Program.

  • Your financial professional can provide further details and additional information, including a prospectus, for any of the money market mutual funds available for direct investment outside of the Cash Sweep Program.

  • Under the Cash Sweep Program ("Sweep Program"), cash balances in your Advantage Account are automatically swept into your selected sweep option.

  • The Sweep Program is described more fully in the Cash Sweep Program Disclosure Statement, included herewith.

  • You may elect not to participate in the Cash Sweep Program and/or periodically invest cash balances directly in available money market mutual funds or other products offered as direct investments outside of the Cash Sweep Program by providing instructions to your financial professional.

  • The Sweep Program is described more fully in the Cash Sweep Program Disclosure Statement, which you will receive with your General or Basic Brokerage Account Agreement and Disclosure.

  • You will receive advance notice of any change in the Cash Sweep Program, including changes from one Cash Sweep Vehicle to another.


More Definitions of Cash Sweep Program

Cash Sweep Program has the meaning given to such term in the section headed "Risk FactorsCash Sweep Risk";
Cash Sweep Program means the array of money funds and bank sweep products available in your account as sweep options.