Omnibus Accounts means that the Clients’ funds are pooled with monies (or funds) belonging to other Clients in a segregated account which is kept separate from the Company’s corporate account.
Omnibus Accounts means accounts on the books and records of Transfer Agent in which all Cleared Customers’ Shares are held unsegregated in nominee name by Intermediary. “Level 3 networked accounts” shall mean accounts of Cleared Customers holding Shares and subject to the National Securities Clearing Corporation (“NSCC”) Networking service Level 3.
Omnibus Accounts accounts established in the name of the Custodian on behalf of its customers in which assets on deposit with the Custodian by one or several customers may be deposited. Omnibus Accounts may be established for the purpose of holding cash or securities.
Examples of Omnibus Accounts in a sentence
The Transfer Agent shall maintain on a daily basis in respect of each Shareholder Account (other than Omnibus Accounts) a Cost Accumulation Amount representing the total of the Original Purchase Amounts paid by such Shareholder Account for all Commission Shares reflected in such Shareholder Account as of the close of business on each day.
Each Shareholder Account (other than Omnibus Accounts) will represent a record owner of Shares of such Fund, the records of which will be kept in accordance with this Schedule I.
The Asset Based Sales Charges and CDSCs accruing in respect of Shareholder Accounts other than Omnibus Accounts and allocable to Post-distributor Shares in accordance with the preceding rules shall be paid in accordance with direction received from any future distributor of Shares of the Instant Fund.
All transactions in Account shares shall be executed through the Omnibus Accounts of Company's affiliate Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx, Inc.
Omnibus Accounts Represents sub-accounting service fees assessed by various Dealers (e.g., Xxxxxxx Xxxxx, Xxxxxxx Xxxxxx etc.
More Definitions of Omnibus Accounts
Omnibus Accounts means accounts on the books and records of Transfer Agent in which all Platform Investors’ Shares are held unsegregated in nominee name by Servicer.
Omnibus Accounts means the Futures Account(s) from time to time opened with and maintained by CPYF in the name of the Client in respect of which CPYF is notified by the Client that the Futures Account(s) is/are to be operated for a customer, or a number of customers of the Client and not the Client. 1.3 The Client acknowledges that CPYF is required upon the request of the Futures Exchange, other relevant exchanges, the SFC or other relevant regulators, to disclose the name, Beneficial Identity and such other information concerning the Client as the Futures Exchange, other relevant exchanges, the SFC or other relevant regulators may require. The Client agrees to provide such information concerning the Client as CPYF may require in order for CPYF to comply with such requirement. 1.4 All transactions related to Exchange Contracts shall be subject to the Futures Rules and rules of any other relevant markets or exchanges. All transactions under this Section relating to the business of dealing in Futures/Options Contracts executed in markets other than those operated by the Futures Exchange will be subject to the laws, rules and regulations of those markets from time to time in force. The Client may have a varying level and type of protection in relation to transactions on different markets and exchanges.
Omnibus Accounts means accounts on the books and records of Transfer Agent in which all of Intermediary’s or an Indirect Intermediary’s customers’ Shares are held unsegregated in nominee name by Intermediary.
Omnibus Accounts mean the futures accounts from time to time opened with and maintained by Evergrande Futures (Hong Kong) in the name of the Client in respect of which Evergrande Futures (Hong Kong) is notified by the Client that the futures account(s) is/are to be operated for a customer or a number of customers of the Client and not the Client.
Omnibus Accounts means accounts on the books and records of Transfer Agent in which all of Bank’s or an Indirect Intermediary’s customers’ Shares are held unsegregated in nominee name by Bank.
Omnibus Accounts means that the Clients’ funds are pooled with monies (or funds) belonging to other Clients in a segregated Account which is kept separate from our corporate Account.
Omnibus Accounts subject to this fee shall include (i) all institutional accounts coded with a social code of "12" and a nominee flag of "yes"; (ii) all benefit plan omnibus accounts listed under a "B" number and linked for "Qualified Plan Only"; and (iii) such other accounts as the parties may mutually agree. The Annual Per-Account Fee for a closed account will be $1.20; there is no fee for a purged account. If, for any given month, the average monthly total number of open accounts of Dreyfus-affiliated funds exceeds 1,871,469 (the sum of the Base Number plus 50,000), then an aggregate monthly reduction in per-account fees will be calculated by multiplying the quotient of $.26/12 (such amount to be increased in proportion to any fee increases the Transfer Agent has received pursuant to the provisions of this Agreement) times the number of average monthly open accounts in excess of 1,821,469. The total amount of this aggregate monthly reduction will be reported by the Transfer Agent to Dreyfus' Mutual Fund Accounting Department for allocation to the Fund. C(1)-1 DAILY ACTIVITY -------------- Maintain the following shareholder information on disc or in such other manner as the Transfer Agent shall reasonably determine: o Name and Address, including Zip Code, in such format as the parties mutually agree upon o Balance of Uncertificated Shares o Balance of Shares in Certificate form o Certificate number, number of shares, issuance date of each certificate outstanding and cancellation date for each certificate no longer outstanding o Balance of shares having paid a commission, and the rate of commission charged ("Privileged") o Balance of dollars available for redemption (excludes certain purchases within a specified number of prior business days) o Dividend code (daily accrual, daily reinvest, dividend sweep, dividend ACH, monthly reinvest, monthly cash or quarterly cash) o Type of account code (regular account, Automatic Withdrawal Plans)