Directed Fund means any Investment Account, or part thereof, subject to the discretionary management and control of the Named Fiduciary or any Investment Manager.
Directed Fund means each portion of the Trust subject to the discretionary management and control of an Asset Manager other than the Trustee. If more than one Directed Fund is established under this Trust Agreement, "Directed Fund" shall also mean the Directed Fund subject to the management and control of a particular Asset Manager, as the context may require.
Directed Fund shall also mean the Directed Fund subject to the management and control of a particular Asset Manager, as the context may require.
Examples of Directed Fund in a sentence
During the term of their membership, all members will comply with all such policies as the LF Board of Directors and/or the Directed Fund may adopt with notice to members.
Under no circumstances will The Linux Foundation have any expectation or obligation to undertake an action on behalf of the Directed Fund or otherwise related to the Directed Fund that is not covered in full by funds raised by the Directed Fund.
All Members must be current corporate members of the LF (at any level) to participate in the Directed Fund as a member.
All participants in the Directed Fund, enjoy the privileges and undertake the obligations described in this Charter, as from time to time amended by the Governing Board with the approval of the LF.
If the Associate Member is a membership organization, Associate Membership in the Directed Fund does not confer any benefits or rights to the members of the Associate Member.
More Definitions of Directed Fund
Directed Fund means any Fund or Investment Account
Directed Fund means an Investment Account, or part thereof, subject to the discretionary management and control of the Company or any Investment Manager.
Directed Fund means the entire Fund or shall refer to any part thereof which is subject to the discretionary management and control of the Board of Directors and either the Committee or any other Asset Manager other than the Trustee, as the case may be.
Directed Fund. The term "Investment Manager" shall also refer to BNY (New York) in its capacity as an investment manager hereunder. BNY (New York)'s appointment as an investment manager shall not be effective unless and until (i) it is duly appointed by the Named Fiduciary in writing and (ii) it provides the Named Fiduciary with a written acceptance of such appointment and an acknowledgement that it is a fiduciary for such Fund under Section 3(21) of the Act. In the event the Investment Manager of any Directed Fund resigns or is removed, the Named Fiduciary shall promptly notify the Master Trustee of such resignation or removal and of the appointment of a successor to such Investment Manager. Upon resignation or removal of an Investment Manager neither the Master Trustee nor BNY (New York) shall have or be deemed to have any responsibility to manage and control any asset held in the Directed Fund of such former Investment Manager, except as set out in the sentence immediately following. If an Investment Committee has been appointed, the Master Trustee shall treat such Fund as managed by the Investment Committee pending notification from the Named Fiduciary of the appointment of a different successor to the former Investment Manager; if no Investment Committee has been appointed and if no notification of the appointment of such a successor is received within seven days of notification to the Master Trustee of the former Investment Manager's resignation or removal, BNY (New York) shall be deemed appointed as investment manager and thereafter treat such Directed Fund as a Discretionary Fund unless and until it receives other instructions from the Named Fiduciary as to the investment of such Fund, and BNY (New York) shall be entitled to additional compensation in accordance with its regular fee schedule for discretionary accounts.
Directed Fund means ANY INVESTMENT FUND, OR PART THEREOF, SUBJECT TO THE DISCRETIONARY MANAGEMENT AND CONTROL OF THE COMPANY OR ADMINISTRATIVE COMMITTEE OR ANY INVESTMENT MANAGER, OTHER THAN THE TRUSTEE. (O) "DISCRETIONARY FUND" SHALL MEAN ANY INVESTMENT FUND, OR PART THEREOF, SUBJECT TO THE DISCRETIONARY MANAGEMENT AND CONTROL OF THE TRUSTEE. (P) "ERISA" SHALL MEAN THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED FROM TIME TO TIME. (Q) "GENERAL TRUST" SHALL MEAN THE BT PYRAMID TRUST CREATED BY BANKERS TRUST COMPANY UNDER DECLARATION OF TRUST EFFECTIVE JUNE 30, 1991, AS HERETOFORE OR HEREAFTER AMENDED. (R) "INSURANCE CONTRACT" SHALL MEAN ANY CONTRACT OR POLICY (INCLUDING ANY ANNUITY CONTRACT) OF ANY KIND ISSUED BY AN INSURANCE COMPANY, WHETHER OR NOT PROVIDING FOR THE ALLOCATION OF AMOUNTS RECEIVED BY THE INSURANCE COMPANY THEREUNDER SOLELY TO THE GENERAL ACCOUNT OR SOLELY TO ONE OR MORE SEPARATE ACCOUNTS (INCLUDING SEPARATE ACCOUNTS MAINTAINED FOR THE COLLECTIVE INVESTMENT OF QUALIFIED RETIREMENT PLANS), OR A COMBINATION THEREOF, AND WHETHER OR NOT ANY SUCH ALLOCATION MAY BE MADE IN THE DISCRETION OF THE INSURANCE COMPANY.
Directed Fund means all or such portion of the Fund that is established as a separate fund pursuant to Section 4.4 hereof.
Directed Fund means any Fund or Investment-,.. Account or part thereof subject to the discretionary management and control of the Committee or any Investment Manager.