Discretionary Assets definition

Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership."
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Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership. Notwithstanding anything to the contrary in the Standard Terms and Conditions of Trust, if a Trust has not elected to be treated as a "regulated investment company" as defined in the United States Internal Revenue Code of 1986, as amended, no Unitholder may elect to have Units redeemed through an In Kind Distribution within thirty (30) days of any Trust termination."
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Discretionary Assets shall have the meaning assigned to it in Section 6.02.”
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Examples of Discretionary Assets in a sentence

  • Excess Discretionary Assets: Fair market value of savings, investments and non-homesteaded property over $75,000.

  • Excess Discretionary Assets include the fair market value of savings, investments, and non-homesteaded property above $75,000.

  • Rationale:Superintendent, Lisa McCane informed the board of a recent $5,000 grant from the Making it Happen Foundation.

  • Specific Performance Objectives for Total Discretionary Assets (moving 5-year period): A.

  • You appoint us your attorney-in-fact and grant us limited power-of-attorney (coupled with an interest) with non-discretionary trading authority, as appropriate and where authorized, over Accounts to buy, sell and otherwise effect investment transactions related to the specified Non- Discretionary Assets.

  • After incubation, 1.2 mL of the broth was transferred to RTT and the Atlas® STEC EG2 Combo Detection kit was used for STEC testing.

  • As of 03/31/2017, the total amount of assets under our management was: Discretionary Assets$ 677,688,401Non-Discretionary Assets$ 23,892,904Total Assets‌$ 701,581,305 ITEM 5 - FEES AND COMPENSATIONFee Schedule‌Investment Management Services‌L&S charges advisory fees for investment management services.

  • The fastest wide runner is running with a black-and-white jacket, second fastest wide runner is running with a yellow jacket etc.

  • Discretionary Assets Under Management (Unaudited and in billions) Discretionary Assets Under Management: Three Months EndedExhibit 7 % Change FromDecember 31, December 31, 2017 2016 2016 Beginning assets under management$ 15.3 $ 13.2 Year Ended% Change FromDecember 31, December 31, 2017 2016 2016 Beginning assets under management$ 13.8 $ 12.1 Silvercrest Asset Management Group Inc.

  • Discretionary Assets are those assets for accounts where we have discretionary authority and provide continuous and ongoing supervisory or management services.Assets Under Advisement, totaling approximately $28,318,561.


More Definitions of Discretionary Assets

Discretionary Assets shall have the meaning assigned to it in Section 6.02.
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Discretionary Assets means (a) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (b) securities issued by entities in countries that (1) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (2) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (c) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership. Notwithstanding anything to the contrary herein, no Unitholder of a Grantor Trust may elect to have Units redeemed through an In Kind Distribution within thirty (30) days of the termination of such Trust. Furthermore, In Kind Distributions may be suspended at the discretion of the Depositor upon sixty (60) days’ written notice to a Trust’s Unitholders.
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Discretionary Assets means those assets in which the trust
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Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership. Notwithstanding anything to the contrary in this Indenture, if a Trust has not elected to be treated as a “regulated investment company” as defined in the Code, no Unitholder may elect to have Units redeemed through an In Kind Distribution within thirty days of any Trust termination. The Supervisor, who may consult with the Depositor, shall maintain with the Trustee a current list of Securities designated to be sold for the purpose of funding the Capital Account for redemption of Units tendered for redemption and, to the extent necessary, for payment of expenses under this Indenture. In connection therewith, the Depositor may specify the minimum amounts of any Securities to be sold at any one time. If the Supervisor shall for any reason fail to maintain such a list, the Trustee may in its sole discretion designate a current list of Securities for such purposes; provided, however, if the Trustee sells, redeems or otherwise liquidates Securities pursuant to this Section 6.02 to satisfy Unit redemptions, the Trustee shall do so, as nearly as practicable, on a pro rata basis among all Securities held by the Trust. The net proceeds of any sale of Securities from such list representing income shall be credited to the Income Account and then disbursed therefrom for payment of expenses and payments to Unitholders required to be paid under this Indenture. Any balance remaining after such disbursements shall be credited to the Capital Account and may be used to acquire additional Securities (if permitted by applicable rules and regulations as indicated by an opinion of counsel) or for any of the other purposes set forth under the Indenture. The Depositor, Supervisor and Trustee shall not be liable or responsible in any way for depreciation or loss incurred by reason of any sale of Securities made pursuant to this Section 6.02.
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Discretionary Assets means those assets in which the trust company has the unilateral authority to determine investment strategies and execute investment transactions without seeking the concurrence, approval or authority from the customer or any other external party.
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Discretionary Assets means (A) securities that, if distributed, would be required to be registered under the Securities Act; (B) securities issued by entities in countries that (1) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (2) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (C) any assets (such as Derivative Transactions) that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership. Notwithstanding anything to the contrary herein, no Unitholder of a Grantor Trust may elect to have Units redeemed through an In-Kind Distribution within thirty (30) days of the termination of such Series of Trust. Furthermore, In-Kind Distribution may be suspended at the discretion of the Depositor upon sixty days written notice to the Unitholders of that Series of Trust.
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Related to Discretionary Assets

  • Discretionary Sale The meaning specified in Section 2.14(c).

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Employer Contributions means all amounts paid into ASRS by an

  • Discretionary Portfolio Manager means a Portfolio Manager who exercises or may, under a contract relating to portfolio management, exercise any degree of discretion as to the investments or management of the portfolio of securities or the funds of the Client, as the case may be.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Matching Contributions means local cash and/or in-kind contributions made by the Contractor, a subcontractor, or other local resources that qualify as match for the Contract funding.

  • Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.