New Central Fund definition

New Central Fund means the fund held, managed and applied by the Society pursuant to the New Central Fund Byelaw (No. 23 of 1996);
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No 23 of 1996)
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No. 23 of 1996) and any other assets expressed to be held as part of the New Central Fund; ‘‘New Central Fund contribution’’ means any contribution to the New Central Fund made under any general or special levy pursuant to the New Central Fund Byelaw (No. 23 of 1996) (but not including any special contributions under any such agreement as is referred to in paragraph 4 of the Membership, Central Fund and Subscriptions (Miscellaneous Provisions) Byelaw (No. 16 of 1993)); ‘‘overall premium limit’’ has the meaning given to it in the Definitions Byelaw (No. 7 of 2005); ‘‘Overseas Direction’’ has the meaning given in the Premiums Trust Deed; ‘‘Overseas Fund’’ means a Premiums Trust Fund constituted or regulated or to be constituted or regulated by an Overseas Direction; ‘‘Premiums Trust Deed’’ means a trust deed (other than a Special Trust Direction or an Overseas Direction) executed or to be executed by the Name, in a form for the time being required by the Council and constituting the Premiums Trust Fund; ‘‘Premiums Trust Fund’’ means the trust fund or funds to which all premiums received by or on behalf of the Name in respect of the Underwriting are required to be transferred under the Financial Services Authority’s requirements; ‘‘Provisional Insurer’’ has the meaning given to it in clause 8.2;
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Examples of New Central Fund in a sentence

  • In the event of a particular member of Lloyd’s being unable to meet its liabilities arising out of insurance business written in Malta by such member, the Lloyd’s New Central Fund may be made available, at the discretion of the Council of Lloyd’s, for that purpose.

  • Member's standard personal expenses include Lloyd's subscriptions, New Central Fund contributions, managing agent fees and profit commission.

  • The market pays a reputational price for the performance of the poorest businesses, as well as an economic price in higher New Central Fund contributions.

  • Lloyd’s market security ratings reflect the strength of the chain of security, including the New Central Fund.

  • Central Fundmeans the Central Fund established under Lloyd's Central Fund Byelaw (No 4 of 1986) and the New Central Fund established under Lloyd's New Central Fund Byelaw (No 23 of 1996).

  • Members’ standard personal expenses include Lloyd’s subscriptions, New Central Fund contributions, managing agent’s fees and profit commission.

  • Lloyd’s licenses to underwrite insurance in the UK and overseas and the security behind the Lloyd’s policy depend, to varying but critical degrees, on the existence of the New Central Fund.

  • Compensation for insolvency: In the event of a particular member of Xxxxx’x being unable to meet its liabilities arising out of insurance business written in Malta by such member, the Lloyd’s New Central Fund may be made available, at the discretion of the Council of Lloyd’s, for that purpose.

  • Council make, contributions to the Central Fund or the New Central Fund in such circumstances and in such amounts as may be specified in the agreement.

  • The member’s standard personal expenses are included within administrative expenses and include Lloyd’s subscriptions, New Central Fund contributions and Managing Agent’s fees.


More Definitions of New Central Fund

New Central Fund means the fund established under the Lloyd’s New Central Fund Byelaw (No. 23 of 1996);
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No. 23 of 1996) and any other assets expressed to be held as part of the New Central Fund; ‘‘New Central Fund contribution’’ means any contribution to the New Central Fund made under any general or special levy pursuant to the New Central Fund Byelaw (No. 23 of 1996) (but not including any special contributions under any such agreement as is referred to in paragraph 4 of the Membership, Central Fund and Subscriptions (Miscellaneous Provisions) Byelaw (No. 16 of 1993)); ‘‘overall premium limit’’ has the meaning given to it in the Definitions Byelaw (No. 7 of 2005);
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New Central Fund means the fund held, managed and applied by Lloyd’s pursuant to Lloyd’s New Central Fund Byelaw (No. 23 of 1996).
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New Central Fund means the fund so designated in and constituted under the New Central Fund Byelaw (No. 23 of 1996) as amended;
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No. 23 of 1996) and any other assets expressed to be held as part of the New Central Fund;
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New Central Fund means the fund held, managed and applied by the Society
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Related to New Central Fund

  • General Fund means the Fund so designated and established by Article V hereof.

  • Local fund means any of the local retirement funds for

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Special Fund means the fund by that name created in Section 7.1. “State” means the State of Nebraska.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Collateral Fund The fund established and maintained pursuant to Section 3.01 hereof.

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

  • Program fund means the program fund created under Section 53B-8a-107,

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

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

  • Online Banking is the internet-based service providing access to your Bank account(s);

  • Federal Funds means federal or other immediately available funds which at the time of payment are legal tender for the payment of public and private debts in the United States of America.

  • Neighborhood electric vehicle means a self-propelled

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Commercial Partners means any third party with whom a contract is lawfully concluded for the exploitation of the Commercial Rights;

  • Plug-in hybrid electric vehicle means a motor vehicle that:

  • 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).

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).