QPAM Exemption definition

QPAM Exemption is defined in Section 6.2(d).

QPAM Exemption means Prohibited Transaction Class Exemption 84-14 issued by the United States Department of Labor.

QPAM Exemption means Prohibited Transaction Class Exemption 84-14 issued on March 13, 1984 by the United States Department of Labor.

Examples of QPAM Exemption in a sentence

• QPAM Exemption The DOL adopted an amendment to ERISA prohibited transaction exemption 84-14 (the "QPAM Exemption"), expanding the coverage of the exemption to include in-house pension and other employee benefit plans maintained by investment advisers for their own employees.

• Neither the Company nor any of its affiliates (as defined in Section VI(d) of Prohibited Transaction Class Exemption 84-14 issued by the Department of Labor (the “QPAM Exemption”)) fails to satisfy the conditions set forth in Part I(g) of the QPAM Exemption.

• The Company and its Subsidiaries are not disqualified from relying on the QPAM Exemption with respect to transactions managed by the Company and its Subsidiaries due to the application of Section I(g) of the QPAM Exemption.

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• This includes not just the cost of finding a new manager, but the cost of prohibiting the plan’s current manager from engaging in any new transactions during the wind-down, and investment losses while the QPAM Exemption is not available.20 But this process is very likely to provide no benefits to the plan, as the disqualifying event had nothing to do with the management of the plan’s assets.

More Definitions of QPAM Exemption

QPAM Exemption shall have the meaning set forth in paragraph 9B.

QPAM Exemption means PTE 84-14 (issued December 21, 1982, as subsequently amended).

QPAM Exemption is defined in Section 6.2(c).

QPAM Exemption means PTE 84-14 (issued March 13, 1984).

QPAM Exemption is defined in Section 6.2(d). “Related Fund” means, with respect to any holder of any Bond, any fund or entity that (a) invests in securities (as defined in Section 2(a)(1) of the Securities Act) or bank loans, and (b) is advised or managed by such holder, the same investment advisor as such holder or by an affiliate of such holder or such investment advisor. “Reporting Controls” is defined in Section 5.19(a)(iii). B-4

QPAM Exemption means ERISA Prohibited Transaction Class Exemption 84-14, as amended, and “QPAM” means a “qualified professional asset manager” within the meaning of the QPAM Exemption.

QPAM Exemption has the meaning specified in Section 10.10(b)(iv).