Portfolio Prospectus definition
Examples of Portfolio Prospectus in a sentence
The Acquiring Portfolio is in compliance with all material agreements, rules, laws, statutes, regulations and administrative orders affecting its operations or its assets; and, except as referred to in the Acquiring Portfolio Prospectus there are no material agreements outstanding relating to the Acquiring Portfolio to which the Acquiring Portfolio is a party.
The expenses of such printing will be apportioned between Insurance Company, on the one hand, and the Fund (with respect to existing Contract owners) or Lazard (with respect to prospective Contract owners) in proportion to the number of pages of the Contract Prospectus (borne by Insurance Company) and the Portfolio Prospectus (borne by the Fund).
In addition, the Fund will bear the cost of printing and delivering the Portfolio Prospectus to existing Participants who have directed LIFE COMPANY to purchase Shares of the Portfolio, and will bear the cost of preparing and printing any supplements or amendments to the Portfolio Prospectus to the extent that such supplements or amendments were not required by LIFE COMPANY.
The value of the Assets and Liabilities of the Acquired Portfolio to be transferred and assumed, respectively, by the Acquiring Portfolio shall be computed as of the Closing Date, in the manner set forth in the most recent Prospectus and Statement of Additional Information of the Acquiring Portfolio (collectively, the "Acquiring Portfolio Prospectus"), copies of which have been delivered to the Acquired Portfolio.
The Fund's share of printing costs for such materials shall be determined by assigning the Fund a pro-rata share of such expenses, the calculation of which shall be determined by applying the following formula: A/B x C where "A" equals the number of pages of the Multifund Prospectus attributable to the Portfolio Prospectus, "B" equals the total number of pages of the Multifund Prospectus and "C" represents the total costs for printing the Multifund Prospectus.
If requested by Insurer in lieu thereof, Fund or its designee shall provide such documentation (including a "camera ready" copy of each Portfolio Prospectus as set in type or, at the request of Insurer, as a diskette in the form sent to the financial printer or other medium agreed to by the parties) and other assistance as is reasonably necessary in order for the Parties once a year (or more frequently if the Portfolio Prospectuses are supplemented or amended) to have the Portfolio Prospectuses printed.
The Acquiring Portfolio is in compliance with all material agreements, rules, laws, statutes, regulations and administrative orders affecting its operations or its assets; and except as referred to in the Acquiring Portfolio Prospectus and Statement of Additional Information there are no material agreements outstanding to which the Acquiring Portfolio is a party.
Ivy Funds VIP will bear, or arrange for others to bear, the usual, customary and reasonable costs of preparing and filing with the SEC the Portfolio Prospectus, periodic reports to shareholders and other shareholder communications required to be produced and distributed as determined by the Company as a result of periodic disclosure requirements to which the Portfolio is subject (collectively, “Periodic Portfolio Disclosure Materials”).
The Company has determined that the investment restrictions set forth in the current Portfolio Prospectus are sufficient to comply with all investment restrictions under state insurance laws that are currently applicable to the Portfolios as a result of the Accounts’ investment therein.
The charge to each Portfolio for all of its expenses and costs, including but not limited to management fees, administrative expenses and legal and regulatory costs, will be made in the determination of the applicable Portfolio’s daily net asset value per Share so as to accumulate to an annual charge at the rate set forth in the Portfolio Prospectus.