Mutual Fund Only XXX definition

Mutual Fund Only XXX means an XXX Account, established hereunder for the benefit of the Depositor and/or his or her Beneficiary or Beneficiaries, in which the Participant shall limit all direction of the investments in his or her Account to shares issued by a domestic Regulated Investment Company. Unless otherwise indicated or distinguished within this Agreement, the terms “Account,” “Custodial Account,” or “XXX,” when used in this Agreement shall include Mutual Fund Only IRAs.
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Examples of Mutual Fund Only XXX in a sentence

  • However, funds in a Mutual Fund Only XXX can be held temporarily in a cash or money market account while awaiting investment.

  • In the event the Participant elects a Mutual Fund Only XXX Custodial Account and does not limit all direction of investments to mutual funds only, the Custodian in the Custodian’s sole discretion and without prior consent of the Participant may convert the Custodial Account from a Mutual Fund Only XXX to the appropriate Custodial Account type.

  • Notwithstanding the foregoing, the Custodian may review the investments in a Mutual Fund Only XXX Custodial Account in order to confirm the Participant’s compliance with Article VIII, Section 4(a), of this Agreement, which limits all direction of investments in the Mutual Fund Only XXX to shares issued by a domestic Regulated Investment Company.

  • If a Participant selects a Mutual Fund Only XXX, the Participant shall limit all direction of investments in the Custodial Account to shares issued by a domestic Regulated Investment Company.

  • Notwithstanding the foregoing, the Custodian may review the investments in a Mutual Fund Only XXX Custodial Account in order to confirm the Participant’s compliance with subsection (a) above.

  • Notwithstanding the foregoing, the Custodian may review the investments in a Mutual Fund Only XXX in order to confirm the Participant’s compliance with Article VIII, section 4(a), of this Agreement, which limits investments in the Mutual Fund Only XXX to shares issued by a domestic Regulated Investment Company.

  • In the event the Participant elects a Mutual Fund Only XXX and does not limit investments to mutual funds only, the Custodian in the Custodian’s sole discretion and without prior consent of the Participant may convert the Account from a Mutual Fund Only XXX to the appropriate Account type.

  • However, funds in a Mutual Fund Only XXX can be held in a cash or money market account while awaiting investment.

  • Notwithstanding the foregoing, the Custodian may review the investments in a Mutual Fund Only XXX in order to confirm the Participant’s compliance with subsection (a) above.

  • If a Participant selects a Mutual Fund Only XXX, the Participant shall limit investments in the Account to shares issued by a domestic Regulated Investment Company.

Related to Mutual Fund Only XXX

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • Name of Public Employer means “Board of Regents of the University System of Georgia, Owner, for the use and benefit of Georgia Institute of Technology, Using Agency”

  • Looked After Child means any child who is in the care of a local authority in accordance with Section 22 (1) of the Children Act 1989. A child who was “a previously Looked After Child” means a child who after being Looked After became subject to an Adoption Order under Section 46 of the Adoption and Children Act 2002, a Residence Order under Section 8 of the Children Act 1989 or Special Guardianship Order under Section 14A of the Children Act 1989.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Looked after means all those currently in the care of a Local Authority or accommodated by a Local Authority under the terms of the Children Act 1989 and children who were previously in the care of or accommodated by a Local Authority but immediately after being looked after, became subject to an adoption, a child arrangements order or special guardianship order.

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.

  • Proprietary or Sub-advised Mutual Fund means any open-end Mutual Fund for which MSIM acts as investment adviser or sub-adviser.

  • Qualified nonprofit organization means, with respect to a Project, an organization exempt from federal income tax under Section 501(c) (3) or (4) of the Internal Revenue Code, which is not and during the Compliance Period will not be affiliated with or controlled by a for-profit organization, whose exempt purposes include the fostering of low income housing, which owns an interest in the Project, which will materially participate in the development and operation of the Project throughout the Compliance Period, and which is not affiliated with or controlled by a for-profit organization.

  • Money market mutual fund means an open-end managed investment fund:

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • the London Bombings Relief Charitable Fund means the company limited by guarantee (number 5505072), and registered charity of that name established on 11th July 2005 for the purpose of (amongst other things) relieving sickness, disability or financial need of victims (including families or dependants of victims) of the terrorist attacks carried out in London on 7th July 2005;

  • Trial Period means a working test period after promotion, voluntary demotion, or intra-agency lateral transfer during which a classified employee is required to demonstrate satisfactory performance in the job to which promoted, voluntarily demoted, or transferred before acquiring permanent status in the job.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Religious holy day means a holy day observed by a religion whose places of worship are exempt from property taxation under Section 11.20, Tax Code.

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Investment Decisions Investment, trading, lending or other financial decisions, strategies or recommendations with respect to Investments, whether on behalf of the Master Servicer or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate thereof, the Certificate Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, or any Person on whose behalf the Master Servicer or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate thereof, the Certificate Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, has discretion in connection with Investments.

  • A.M. Best A.M. Best Company, Inc. or its successors in interest. If neither A.M. Best nor any successor remains in existence, “A.M. Best” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of A.M. Best herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Member contributions means all amounts paid to ASRS by a member.

  • Practice of public accounting means the performance or the offering to perform, by a person holding oneself out to the public as a certified public accountant or a licensed public accountant, one or more kinds of professional services involving the use of accounting, attest, or auditing skills, including the issuance of reports on financial statements, or of one or more kinds of management advisory, financial advisory, or consulting services, or the preparation of tax returns or the furnishing of advice on tax matters. However, with respect to licensed public accountants, the “practice of public accounting” shall not include attest or auditing services or the rendering of an opinion attesting to the reliability of any representation embracing financial information.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarially equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or qualified joint and survivor annuity) to which the Member would be entitled under the terms of the plan assuming: