Resource Credit Income Fund definition

Resource Credit Income Fund means and refers to the Trustees from time to time serving under the Trust's Agreement and Declaration of Trust as the same may subsequently thereto have been, or subsequently hereto be, amended. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of Trustees, officers, employees, agents or nominees of the Trust, or any shareholders of any share of the Trust, personally, but bind only the trust property of the Trust (and only the property of the Fund), as provided in the Agreement and Declaration of Trust. The execution and delivery of this Agreement have been authorized by the Trustees and shareholders of the Fund and signed by officers of the Trust, acting as such, and neither such authorization by such Trustees and shareholders nor such execution and delivery by such officers shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust (and only the property of the Fund) as provided in its Agreement and Declaration of Trust.
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Resource Credit Income Fund and the Trustees shall conduct the business of the Trust under that name, or any other name as they may from time to time determine.
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Examples of Resource Credit Income Fund in a sentence

  • These By-Laws shall be subject to the Agreement and Declaration of Trust, as from time to time in effect (the "Declaration of Trust"), of Resource Credit Income Fund, the Delaware statutory trust established by the Declaration of Trust (the "Trust").

  • Resource Credit Income Fund (the “Trust” or the “Fund”) was organized as a Delaware statutory trust on December 11, 2014 and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a closed-end management investment company that operates as an interval fund with a continuous offering of Fund shares.

  • Resource Credit Income Fund (the “Trust” or the “Fund”) was organized as a Delaware statutory trust on December 11, 2014 and is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a closed‐end management investment company that operates as an interval fund with a continuous offering of Fund shares.

  • Inc., supra note 15, Calamos-Avenue Opportunities Fund and Calamos Avenue Management, LLC, supra note 15, First Eagle Credit Opportunities Fund, et al., supra note 15, 361 Social Infrastructure Fund and 361 Infrastructure Partners, LLC, supra note 15, and Resource Credit Income Fund and Sierra Crest Investment Management LLC, supra note 15.

  • As a Partnership, we are keen to stress the value of collaboration, because the best outcomes for children, young people and families can only be achieved when we work together, not when we try to do it alone.

  • The minimum initial investment by a shareholder for Class A shares is $2,500) Resource Credit Income Fund $ q Class A (5214) Investment Type:q Initial Investment q Additional Investment - Provide Existing Resource Credit Income Fund Account Number Payment will be made with:q Enclosed check (Make check payable to Resource Credit Income Fund) q Funds wired q Funds to followThird Party checks are not accepted.

  • The minimum initial investment by a shareholder for Class W shares is $2,500) Resource Credit Income Fund $ q Class W (5217) Investment Type:q Initial Investment q Additional Investment - Provide Existing Resource Credit Income Fund Account Number Payment will be made with:q Enclosed check (Make check payable to Resource Credit Income Fund) q Funds wired q Funds to followThird Party checks are not accepted.

  • The minimum initial investment by a shareholder for Class L shares is $2,500) Resource Credit Income Fund $ qInvestment Type:Class L (5239)qInitial Investment Payment will be made with:Additional Investment - Provide Existing Resource Credit Income Fund Account Number qEnclosed check (Make check payable to Resource Credit Income Fund)Funds wiredFunds to followqqThird Party checks are not accepted.

  • Upon the parties’ execution of this Agreement, Axxxxx shall designate a Director to serve in the capacity of Chief Compliance Officer (“CCO”) of Resource Credit Income Fund.

  • The minimum initial investment by a shareholder for Class C shares is $2,500) Resource Credit Income Fund $ q Class C (5215) Investment Type:q Initial Investment q Additional Investment - Provide Existing Resource Credit Income Fund Account Number Payment will be made with:q Enclosed check (Make check payable to Resource Credit Income Fund) q Funds wired q Funds to followThird Party checks are not accepted.

Related to Resource Credit Income Fund

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Moderate income housing means housing affordable,

  • Canadian Benchmark means the applicable Canadian Benchmark Replacement to the extent that such Canadian Benchmark Replacement has replaced such prior benchmark rate. Any reference to “Canadian Benchmark” shall include, as applicable, the published component used in the calculation thereof.

  • Per capita income means the average for the most recent three years for

  • Investment Income means dividends, capital gains, or interest income generated from:

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Utilization plan means a form and additional documentation included in all bids or proposals that demonstrates a vendor’s proposed utilization of vendors certified by the Business Enterprise Program to meet the targeted goal. The Utilization Plan shall demonstrate that the Vendor has either: (1) met the entire contract goal or (2) requested a full or partial waiver and made Good Faith Efforts towards meeting the goal.

  • Automatic Investment Plan/Dividend Reinvestment Plan means a program in which regular purchases or sales are made automatically in or from investment accounts in accordance with a predetermined schedule and allocation, including dividend reinvestment plans.

  • Moderate-income unit means a restricted unit that is affordable to a moderate-income household.

  • Moderate income means more than 50 percent but less than 80

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Plan for moderate income housing means a written document adopted by

  • Investment Percentage means a percentage established for each Partner on the Partnership’s books as of the first day of each Fiscal Period. The Investment Percentage of a Partner for a Fiscal Period will be determined by dividing the balance of the Partner’s Capital Account as of the commencement of the Fiscal Period by the sum of the Capital Accounts of all of the Partners as of the commencement of the Fiscal Period. The sum of the Investment Percentages of all Partners for each Fiscal Period will equal 100%.

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • Revolving L/C Exposure of any Class shall mean at any time the sum of (a) the aggregate undrawn amount of all Letters of Credit applicable to such Class outstanding at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof) and (b) the aggregate principal amount of all L/C Disbursements applicable to such Class that have not yet been reimbursed at such time (calculated, in the case of Alternate Currency Letters of Credit, based on the Dollar Equivalent thereof). The Revolving L/C Exposure of any Class of any Revolving Facility Lender at any time shall mean its applicable Revolving Facility Percentage of the aggregate Revolving L/C Exposure applicable to such Class at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the International Standby Practices, International Chamber of Commerce No. 590, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, that with respect to any Letter of Credit that, by its terms or the terms of any document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing material employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Borrower has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.

  • Administrative Plans means investment plans offered by the Management Company and approved by the Commission, where such plans allow investors a specific investment strategy in any one or a combination of Schemes managed by the Management Company in accordance with the conditions specified by SECP.

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Area Median Income means the most recent applicable county median family income published by the California Tax Credit Allocation Committee.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Credit Risk Management Fee The amount payable to the Credit Risk Manager on each Distribution Date as compensation for all services rendered by it in the exercise and performance of any and all powers and duties of the Credit Risk Manager under the Credit Risk Management Agreements, which amount shall equal one twelfth of the product of (i) the Credit Risk Management Fee Rate multiplied by (ii) the Stated Principal Balance of the Mortgage Loans and any related REO Properties as of the first day of the related Due Period.

  • Consumer account means an account established primarily for personal, family, or household use.

  • Total Open-End Mutual Fund Average Net Assets means the average of all of the determinations of the aggregate net assets of all open-end funds sponsored by Xxxxxx Management (excluding the net assets of such funds investing in, or invested in by, other such funds, such as Xxxxxx RetirementReady® Funds and Xxxxxx Money Market Liquidity Fund, to the extent necessary to avoid "double-counting" of such net assets) at the close of business on each business day during each month while the Management Contract is in effect.