Financial Intermediary definition

Financial Intermediary means a financial intermediary as that term is defined in Rule 22c-2.

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Financial Intermediary. A broker, dealer, bank or other financial institution or other Person that clears through or maintains a custodial relationship with a Clearing Agency Participant. Fitch: Fitch, Inc., or any successor in interest.

Financial Intermediary means each brokerage firm, bank, thrift institution or other financial intermediary that maintains the account for each Person who owns a beneficial ownership interest in the Book-Entry Notes.

Examples of Financial Intermediary in a sentence

In addition, the Shares of any class of the Fund offered for sale by the Placement Agent may be subject to a contingent deferred sales charge (“CDSC”) or a separate placement fee to be determined as between a Financial Intermediary and its customer and not charged by either the Fund or the Placement Agent.
Neither the Placement Agent nor any Financial Intermediary having an agreement to offer and sell Shares pursuant to Section 5 hereof nor any other person is authorized by the Fund to give any information or to make any representations, other than those contained in its Memorandum and any advertising materials and sales literature specifically approved by the Fund for use with prospective investors (“Authorized Sales Materials”).
The Dealer Manager further acknowledges that the use of Financial Intermediaries in this manner is inconsistent with a private placement under Rule 506(b) of Regulation D, and the Dealer Manager covenants that it shall not initiate contact with a Financial Intermediary, other than a registered representative of a registered broker dealer or registered investment adviser, for the purpose of soliciting, directly or indirectly, an offer to participate in the Offering.
Each such Financial Intermediary will reimburse each Financial Intermediary Indemnified Person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such Loss, expense or action.
Any and all upfront commissions on sales of Shares notified by the Fund in writing to the Distributor in respect of a particular Financial Intermediary up to the maximum such upfront commission rate set forth in the Registration Statement, including the Prospectus, filed with the SEC and in effect at the time of sale of such Shares.

More Definitions of Financial Intermediary

Financial Intermediary. A broker, dealer, bank or other financial institution or other Person that clears through or maintains a custodial relationship with a Clearing Agency Participant.

Financial Intermediary means any financial institution regardless of its form and ownership, including fund-of-funds, private equity investment funds, public investment funds, banks, micro-finance institutions and guarantee societies;

Financial Intermediary means a bank, broker, clearing corporation or the Person (or the nominee of any of them) that in the ordinary course of its business maintains security accounts for its customers and is acting in that capacity.

Financial Intermediary. Each brokerage firm, bank, thrift institution or other financial intermediary that maintains the account for each person who owns a beneficial ownership interest in the Notes issued in global form. Fitch: Fitch Ratings, Inc., and its successors. ▇▇▇▇▇▇▇ Mac: Federal Home Loan Mortgage Corporation, a stockholder-owned company chartered by Congress pursuant to the ▇▇▇▇▇▇▇ Mac Act.

Financial Intermediary is defined in SEC Rule 22c-2(c)(1) as: “

Financial Intermediary means : (i) any broker, dealer, bank, or other person that holds securities issued by the Trust, in nominee name; (ii) a unit investment trust or fund that invests in the Trust in reliance on section 12(d)(1)(E) of the 1940 Act; and (iii) in the case of a participant-directed employee benefit plan that owns the securities issued by the Trust, a retirement plan’s administrator under section 3(16)(A) of ERISA or any person that maintains the plan’s participant records.

Financial Intermediary means a regulated firm that is authorised by the Central Bank of Ireland to give investment advice and which is an appointed agent of the Bank.