PTCE 95-60 definition

PTCE 95-60. As defined in Section 5.02(b). PUD: A planned unit development.
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PTCE 95-60. As defined in Section 5.02(b).
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PTCE 95-60 means Prohibited Transaction Class Exemption 95-60.
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Examples of PTCE 95-60 in a sentence

  • OR (C) (I) THE TRANSFEREE IS AN INSURANCE COMPANY, (II) THE SOURCE OF FUNDS USED TO PURCHASE OR HOLD THIS CERTIFICATE IS AN “INSURANCE COMPANY GENERAL ACCOUNT” (AS DEFINED IN U.S. DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION (“PTCE”) 95-60), AND (III) THE CONDITIONS SET FORTH IN SECTIONS I AND III OF PTCE 95-60 HAVE BEEN SATISFIED (EACH ENTITY THAT SATISFIES THIS CLAUSE (C), A “COMPLYING INSURANCE COMPANY”).

  • OF ANY PLAN, (III) (1) IT IS AN INSURANCE COMPANY, (2) THE SOURCE OF FUNDS USED TO ACQUIRE OR HOLD THE CERTIFICATE OR INTEREST THEREIN IS AN "INSURANCE COMPANY GENERAL ACCOUNT," AS SUCH TERM IS DEFINED IN PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60, AND (3) THE CONDITIONS IN SECTIONS I AND III OF PTCE 95-60 HAVE BEEN SATISFIED.

  • Those exemptions include PTCE 96-23 (for certain transactions determined by in-house asset managers), PTCE 95-60 (for certain transactions involving insurance company general accounts), PTCE 91-38 (for certain transactions involving bank collective investment funds), PTCE 90-1 (for certain transactions involving insurance company separate accounts), and PTCE 84-14 (for certain transactions determined by independent qualified asset managers).

  • By acquiring an interest in this Class B Certificate, each Class B Certificateholder or Certificate Owner shall be deemed to have represented, either (i) that it is not a Plan Investor or (ii) that (1) it is an insurance company, (2) the source of funds used to acquire or hold an interest in such Certificate is an "insurance company general account" (as such term is defined in PTCE 95-60), and (3) the conditions set forth in Sections I and III of PTCE 95-60 have been satisfied.

  • Each purchaser or transferee of a Note that is a Benefit Plan shall be deemed to have represented that the relevant conditions for exemptive relief under Prohibited Transaction Class Exemption ("PTCE") 84-10, XXXX 00-0, XXXX 00-38, PTCE 95-60 or PTCE 96-23 or other applicable exemption providing substantially similar relief have been satisfied or has provided a written representation to the Issuer satisfactory to the Issuer in lieu thereof.


More Definitions of PTCE 95-60

PTCE 95-60 shall have the meaning specified in Section 3.4.
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PTCE 95-60. As defined in Section 5.02(b). Purchase Agreements: Collectively, the WMC Purchase Agreement and the Decision One Purchase Agreement.
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PTCE 95-60. As defined in Section 5.02(b). Purchase Agreements: Collectively, the Accredited Purchase Agreement and the NC Capital Purchase Agreement.
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PTCE 95-60. U.S. Department of Labor Prohibited Transaction Class Exemption 95-60.
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PTCE 95-60 shall have the meaning set forth in Section 13.6(a) hereof.
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PTCE 95-60. As defined in Section 5.02(b). Purchase Agreements: Collectively, the Aames Purchase Agreement, the Accredited Purchase Agreement, the Provident Purchase Agreement and the New Century Purchase Agreement.
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PTCE 95-60. As defined in Section 5.02(b). PUD: A planned unit development. Purchaser: Credit-Based Asset Servicing and Securitization LLC, a Delaware limited liability company, and its successors in interest.
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