Examples of Income Accounts in a sentence
In the event of a termination, the Trustee shall proceed to liquidate the Securities then held and make the payments and distributions provided for hereinafter in this Section 9.02 based on such Unitholder's pro rata interest in the balance of the Capital and Income Accounts after the deductions herein provided.
In the event of any termination of the Trust prior to the Mandatory Termination Date, the Trustee shall proceed to liquidate the Securities then held and make the payments and distributions provided for hereinafter in this Section 9.02, except that in such event, the distribution to each Unitholder shall be made in cash and shall be such Unitholder's pro rata interest in the balance of the Capital and Income Accounts after the deductions herein provided.
Our minimum account size for accounts other than Managed Account Program accounts generally is $500 million for Money Market/Liquidity Accounts, $100 million for Active Cash Fixed Income Accounts and $25 million for all other strategies.
For Fixed Term Guaranteed Income Accounts with a RCV between 0 and 99, the administration fee is based on the reducing initial investment.
Therefore, an Access Person is made aware of securities that are related to client portfolios by reviewing the Model Growth and Model Income Accounts, made accessible to all employees through an Intranet system, which are representative of the large cap securities held broadly in client portfolios.
Our minimum account size for accounts other than Managed Account Program accounts generally is $500 million for Money Market/Liquidity Accounts, $100 million for Active Cash Fixed Income Accounts, $50 million for Short- Intermediate Duration Fixed Income Accounts, $10 million for Small Cap Accounts, and $25 million for all other strategies.
The Trustee does not guarantee the performance of Guaranteed Income Accounts, the repayment of capital, or the payment of any income.
When directed by the Depositor, the Trustee shall invest funds held in the Capital or Income Accounts, pending distribution, in money market mutual funds or U.S. Treasury obligations which mature on or before the next applicable distribution date.
Neither Challenger Limited nor any other company within the Challenger group of companies guarantees the performance of Challenger Life’s obligations or assumes any liability in connection with the life policy issued to the Trustee.For more information on the guarantee, please refer to ‘Your guarantee’ on page 8.Information about the Guaranteed Income Accounts is based on information contained in the policy documents issued by Challenger Life.
Guaranteed Income Accounts offer a number of options, so you can tailor your account to meet your needs.