Seed Money definition
Examples of Seed Money in a sentence
The Distribution Trust Seed Money and the Distribution Trust Assets shall be used by the Distribution Trustee in a manner provided for in the Combined Plan and Disclosure Statement and in the Distribution Trust Agreement.
All compensation for the Distribution Trustee shall be paid from the Distribution Trust Seed Money and the Distribution Trust Assets in accordance with the Distribution Trust Agreement.
This section 1.2 shall survive the termination of the Agreement as provided for in Section 3 and shall continue in effect until the earlier of (a) the termination of the Advisory Agreement; or (b) 36 months after all of the Seed Money has been redeemed.
Additionally, program delivery may be used to pay off a HOME CHDO Predevelopment or CHDO Seed Money loan but may not exceed the twenty percent (20%) line item cap.
In the event any of the Seed Money was redeemed from a Fund, then the Adviser shall limit the expenses of the Fund as provided in Section 1 for a period of at least 12 months following any such redemption.