Investment Contracts definition
Examples of Investment Contracts in a sentence
The Named Fiduciary hereby directs the Trustee to continue to hold such Existing Investment Contracts until the Named Fiduciary directs otherwise, it being expressly understood that such direction is given in accordance with Section 403(a) of ERISA.
The Named Fiduciary may determine to offer as investment options only (i) Mutual Funds, (ii) Sponsor Stock, (iii) notes evidencing loans to Participants in accordance with the terms of the Plan, (iv) Existing Investment Contracts, and (v) collective investment funds maintained by the Trustee for qualified plans.
Such administrative reasons shall include, but are not limited to, the transfer of monies from another plan to this Plan, the liquidation of an investment option, the delivery of monies to the Trust upon the maturity of bonds or Guaranteed Investment Contracts or other such instruments, and upon the termination or partial termination of the Plan.
No Advisory Client or investor in any Advisory Client is in material default of any obligation (including any economic obligation) under any of its Company Group Investment Contracts or any Company Group Investment Contract in respect of the Company Group.
The IIF is a diversified book value fund comprised of the following investments types (described below in more detail): Guaranteed Investment Contracts ("GICs"), individual fixed-income securities, and units in commingled pools managed by Fidelity Management Trust Company in its capacity as Investment Manager (hereafter "FMTC").