Fund Accountant means U.S. Bancorp Fund Services LLC
Fund Accountant represents and warrants that: (1) the various procedures and systems which Fund Accountant has implemented with regard to safeguarding from loss or damage attributable to fire, theft, or any other cause the records, and other data of the Company and Fund Accountant's records, data, equipment facilities and other property used in the performance of its obligations hereunder are adequate and that it will make such changes therein from time to time as are required for the secure performance of its obligations hereunder, and (2) this Agreement has been duly authorized by Fund Accountant and, when executed and delivered by Fund Accountant, will constitute a legal, valid and binding obligation of Fund Accountant, enforceable against Fund Accountant in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties.
Fund Accountant means the person appointed by the Company who performs the daily calculations of the net asset values of each of the Portfolios and determines the amount of cash available in each portfolio on a daily basis for investment. The Fund Accountant shall be identified to the Custodian in writing.
Examples of Fund Accountant in a sentence
The undersigned understands that in the course of its employment as Fund Accountant to each fund listed on Appendix A (as amended from time to time) to that certain Custodian Agreement dated as of January 28, 1998 (the “Fund”), it will have access to State Street Bank and Trust Company’s Multicurrency HORIZON Accounting System and other information systems (collectively, the “System”).
All computer programs and procedures developed to perform services required to be provided by Fund Accountant under this Agreement are the property of Fund Accountant.
The Trustees also appreciate the service provided by the Registrar and Transfer Agent, Fund Accountant, Custodian, Bankers, Distributors and Brokers.
Fund Accountant assumes no responsibility hereunder, and shall not be liable, for any damage, loss of data, delay or any other loss whatsoever caused by events beyond its reasonable control.
Sub-Adviser will provide to the Custodian and Fund Accountant on each business day, information relating to all transactions in the Managed Assets and will provide such information to Fund Parties upon request.
More Definitions of Fund Accountant
Fund Accountant shall include directors, officers, employees and other agents of Fund Accountant as well as Fund Accountant itself.). Without limiting the generality of the foregoing or of any other provision of this Agreement, (i) Fund Accountant shall not be liable for losses beyond its reasonable control, provided that Fund Accountant has acted in accordance with the standard of care set forth above; and (ii) Fund Accountant shall not be liable for the validity or invalidity or authority or lack thereof of any instruction, notice or other instrument that Fund Accountant reasonably believes to be genuine and to have been signed or presented by a duly authorized representative of the Trust (other than an employee or other affiliated person of Fund Accountant who may otherwise be named as an authorized representative of the Trust for certain purposes). The Trust agrees to indemnify and hold harmless Fund Accountant from and against any and all actions, suits, claims, losses, damages, costs, charges, reasonable counsel fees and disbursements, payments, expenses and liabilities (including reasonable investigation expenses) (collectively, "Losses") arising directly or indirectly out of any action or omission to act which Fund Accountant takes (i) at the request or on the direction of or in reliance on the reasonable advice of the Trust or (ii) upon any instruction, notice or other instrument that Fund Accountant reasonably believes to be genuine and to have been signed or presented by a duly authorized representative of the Trust (other than an employee or other affiliated person of Fund Accountant who may otherwise be named as an authorized representative of the Trust for certain purposes) or (iii) on its own initiative, in good faith and in accordance with the standard of care set forth herein, in connection with the performance of its duties or obligations hereunder. Fund Accountant shall not be indemnified against or held harmless from any Losses arising directly or indirectly out of Fund Accountant's own willful misfeasance, bad faith, negligence in the performance of its duties, or reckless disregard of its obligations and duties hereunder; provided, however, that the Trust shall have no obligation to indemnify or reimburse Fund Accountant under this Section 7 to the extend that Fund Accountant is entitled to reimbursement or indemnification for such Losses under any liability insurance policy described in this Agreement or otherwise.
Fund Accountant. The term "Fund Accountant" shall mean FFC or any successor thereto that is responsible for calculating each Funds' net asset value and maintaining its accounting books and records.
Fund Accountant assumes no responsibility hereunder, and shall not be liable, for any damage, loss of data, delay or any other loss whatsoever caused by events beyond its reasonable control, including acts of civil or military authority, national emergencies, fire, flood, catastrophe, acts of God, insurrection, war, riots or failure of the mails, transportation, communication or power supply.
Fund Accountant has furnished to BISYS the following:
Fund Accountant has furnished to the Trust copies of corporate actions covering the following matters:
Fund Accountant means Atlantic in its capacity as fund accountant to the Fund.
Fund Accountant means BNP Paribas, acting through its Singapore Branch."Global Custodian"means BNP Paribas, acting through its Singapore Branch."Government and other Public Securities"has the meaning as set out in the Code."Hong Kong"means the Hong Kong Special Administrative Region of the PRC."Hong Kong Dollars" or "HKD"means the lawful currency for the time being and from time to time of Hong Kong."Hong Kong Stock Exchange"means The Stock Exchange of Hong Kong Limited."IFRS"means International Financial Reporting Standards issued by the International Accounting Standards Board."Initial Offer Period"means, in respect of a Sub-Fund, the period during which Units in that Sub-Fund will be offered for subscription at a fixed price, as specified in the relevant Appendix."Investment"means any share, stock, debenture, loan stock, bond, unit, share or other interest in a Collective Investment Scheme, Commodity, share price index futures contract, derivative instrument, credit derivative transaction, Sale and Repurchase Transaction, Reverse Repurchase Transaction, Securities Lending Transaction, swap, spot or forward transaction (whether in relation to currency or any other property), security, commercial paper, acceptance, trade bill, treasury bill, instrument or note of or issued by or under the guarantee of any body, whether incorporated or unincorporated, or of any government or local governmental authority or supranational body, whether paying interest or dividends or not, and whether fully paid, partly paid or nil paid and includes (without prejudice to the generality of the foregoing): (a) any right, option or interest (howsoever described) in or in respect of any of the foregoing; (b) any certificate of interest or participation in, or temporary or interim certificate for, or receipt for or warrant to subscribe for or purchase, any of the foregoing; (c) any instrument commonly known or recognised as a security; (d) any receipt or other certificate or document evidencing the deposit of a sum of money, or any rights or interests arising under any such receipt, certificate or document; (e) any mortgage-backed security or other securitised receivable; and (f) any bill of exchange and any promissory note."Manager"means Phillip Capital Management (HK) Limited.