Examples of Investor Monies in a sentence
In the event of the insolvency of a Fund, there is no guarantee that such Fund will have sufficient monies to pay unsecured creditors (including the investors entitled to Investor Monies) in full.
Investor Monies will be held in a single Umbrella Cash Account in respect of each currency in which a Share Class is denominated.
Subscription, redemption and (where relevant) dividend payments ("Investor Monies") are held in a segregated account in the name of the Administrator/its nominees on behalf of investors and are subject to the provisions of the Investor Money Regulations, which protect Investor Monies from the insolvency of the Administrator and the relevant Fund.
An Umbrella Cash Account will operate at umbrella level in respect of the ICAV rather than a specific Fund and the segregation of Investor Monies from the liabilities of Funds other than the relevant Fund to which the Investor Monies relate is dependent upon, among other things, the correct recording of the assets and liabilities attributable to individual Funds by or on behalf of the ICAV.
On December 13, 2018, the Bankruptcy Court entered the Order Authorizing the Debtors to Return Certain Investor Monies Received After the Petition Date [Docket No. 387], granting the relief sought in the Motion to Return Investor Monies and authorizing the Debtors to return the Investor Monies to each applicable investor.