Fund Status definition

Fund Status means the status of a person who is or was or has agreed to become a director of a Fund, or is or was an officer, employee, agent or fiduciary of a Fund or any other corporation, trust, partnership, joint venture, employee benefit plan or other enterprise that such person is or was serving at the request of the Fund or Golden West.
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Examples of Fund Status in a sentence

  • Subject to the provisions of Section 3, Golden West shall defend and indemnify Director with respect to any Proceeding to which Director is a party, or is threatened to be made a party, by reason of his or her Fund Status (as such terms are defined in Section 4).

  • Subject to the provisions of Section 3, Golden West shall defend and indemnify Trustee with respect to any Proceeding to which Trustee is a party, or is threatened to be made a party, by reason of his or her Fund Status (as such terms are defined in Section 4).

  • Indemnitee shall be entitled to the rights of indemnification provided in this Section 2 if, wholly or partly by reason of his Fund Status (as defined in Section 14), he is, or is threatened to be made, a party to any threatened, pending or completed Proceeding (as defined in Section 14) other than a Proceeding by or on behalf of the Fund.

  • To the extent that Indemnitee is, by reason of his Fund Status, a party to and is successful, on the merits or otherwise, in defense of any Proceeding referred to in Section 2 or Section 3 or in defense of any particular claim, issue or matter therein, the Fund shall indemnify him against all Expenses actually and reasonably incurred by him or on his behalf in connection with such claims, issues or matters.

  • Effective 5/1/99 Amendment No. 8 Schedule B Investment Funds Fund Status Gartmore GVIT Total Return Fund (replaced Total Return Fund January 25.

  • Throughout the period covered by the Performance Bonus Fund, RPO shall receive monthly Performance Bonus Fund Status Reports demonstrating the number and amount of claims paid during the previous calendar month.

  • Except as set forth on SCHEDULE 15, none of the Companies incorporated outside the United States is, or have been, a Passive Foreign Investment Company or have Qualifying Election Fund Status within the meaning of the Code.

  • Indemnitee shall be entitled to the rights of indemnification provided in this Section 3 if, by reason of his Fund Status, he is, or is threatened to be made, a party to any threatened, pending or completed Proceeding brought by or on behalf of the Fund to procure a judgment or decree in the Fund's favor.

Related to Fund Status

  • Level VI Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status.

  • Domain Status clientDeleteProhibited Domain Status: clientRenewProhibited Domain Status: clientTransferProhibited Domain Status: serverUpdateProhibited Registrant ID: 5372808-ERL Registrant Name: EXAMPLE REGISTRANT Registrant Organization: EXAMPLE ORGANIZATION Registrant Street: 000 XXXXXXX XXXXXX Xxxxxxxxxx Xxxx: ANYTOWN Registrant State/Province: AP Registrant Postal Code: A1A1A1 Registrant Country: EX

  • Level V Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status or Level IV Status.

  • Level I Status exists at any date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, the Leverage Ratio is less than 1.00 to 1.00.

  • REIT Status means, with respect to any Person, (a) the qualification of such Person as a real estate investment trust under the provisions of Sections 856 et seq. of the Code and (b) the applicability to such Person and its shareholders of the method of taxation provided for in Sections 857 et seq. of the Code.

  • Level III Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Borrower's Xxxxx'x Rating is Baa2 or better or the Borrower's S&P Rating is BBB or better.

  • Level II Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status and (ii) the Borrower's Xxxxx'x Rating is Baa1 or better or the Borrower's S&P Rating is BBB+ or better.

  • Level IV Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status, Level II Status or Level III Status and (ii) the Borrower's Xxxxx'x Rating is Baa3 or better or the Borrower's S&P Rating is BBB- or better.

  • B-BBEE status level of contributor” means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad- Based Black Economic Empowerment Act;

  • Change in Status means any of the events described below, as well as any other events included under subsequent changes to Code section 125 or regulations issued thereunder, which the Plan Administrator, in its sole discretion and on a uniform and consistent basis, determines are permitted under IRS regulations and under this Plan.

  • Health status-related factor means any of the following factors:

  • Investment Company Event means the receipt by the Debenture Issuer and the Trust of an opinion of counsel experienced in such matters to the effect that, as a result of the occurrence of a change in law or regulation or written change (including any announced prospective change) in interpretation or application of law or regulation by any legislative body, court, governmental agency or regulatory authority, there is more than an insubstantial risk that the Trust is or, within 90 days of the date of such opinion, will be considered an Investment Company that is required to be registered under the Investment Company Act which change or prospective change becomes effective or would become effective, as the case may be, on or after the date of the issuance of the Debentures.

  • Capital Disqualification Event has the meaning specified in Section 1.1 of the Indenture.

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

  • Active status means (i) for employees, the absence of any interruption or termination of service as an employee, (ii) for Directors, that the Director has not been removed from the Board for cause (as determined by the Company’s shareholders), and (iii) for Consultants, the absence of any interruption, expiration, or termination of such person’s consulting or advisory relationship with the Company or any Subsidiary or the occurrence of any termination event as set forth in such person’s Award Agreement. Active Status shall not be considered interrupted (A) for an employee in the case of sick leave, maternity leave, infant care leave, medical emergency leave, military leave, or any other leave of absence properly taken in accordance with the policies of the Company or any applicable Subsidiary as may be in effect from time to time, and (B) for a Consultant, in the case of any temporary interruption in such person’s availability to provide services to the Company or any Subsidiary which has been granted in writing by an authorized officer of the Company. Whenever a mandatory severance period applies under applicable law with respect to a termination of service as an employee, Active Status shall be considered terminated upon such Employee’s receipt of notice of termination in whatever form prescribed by applicable law.

  • Tax-Free Status means the qualification of a Distribution or any other transaction contemplated by the IRS Ruling or any Tax Opinion as a transaction in which gain or loss is not recognized, in whole or in part, and no amount is included in income, including by reason of Distribution Taxes, for U.S. federal, state, and local income tax purposes (other than intercompany items, excess loss accounts or other items required to be taken into account pursuant to Treasury Regulations promulgated under Section 1502 of the Code).

  • Disqualification Event shall have the meaning ascribed to such term in Section 3.1(rr).