Examples of Eligible Fund in a sentence
A Participant may designate an Eligible Fund even if he is not a member of the Board of that Eligible Fund.
If an Eligible Fund is removed from the list of Eligible Funds for any reason then no further deferrals shall be deemed invested in such fund and, unless the Board otherwise determines, the Administrator shall give each Participant whose Account is deemed to be invested in such Eligible Fund a reasonable period to submit a new designation, and any Participant who fails to submit a new designation shall be subject to the provisions of the last sentence of Section 3.2(h) below.
If an Eligible Fund is removed from the list of Eligible Funds for any reason then no further deferrals shall be deemed invested in such fund and, unless the Board otherwise determines, the Administrator shall give each Participant whose Account is deemed to be invested in such Eligible Fund a reasonable period to submit a new designation, and any Participant who fails to submit a new designation shall be subject to the provisions of the last sentence of Section 4.2(h) below.
Eligible Fund - a registered management investment company in which the assets of the Series Account may be invested.
The Company will vote the shares of an Eligible Fund held in a Variable Sub-Account of the Investment Division of the Series Account.