Transferee Fund definition

Transferee Fund means, as the case may be, either a Relevant Securitisation Fund or Relevant Origination Fund.
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Transferee Fund has the meaning given in clause 6.1.
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Transferee Fund means the subplan of the fund of which the Transferee Trustee referred to in Clause 27(3) is the trustee.
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Examples of Transferee Fund in a sentence

  • A novation of a Transaction or proportion of a Transaction under this Annex becomes binding when Party A accepts (in its absolute discretion) in accordance with Section 5.2 a Novation Confirmation from Party C which sets out the Novation Date for that Transaction or proportion of a Transaction and the Transferee Fund to which it will be novated and is otherwise in the form of the Schedule to this Master Novation Annex.

  • Further the liquidator may with like authority transfer the whole or part of the assets of the Fund to a company or collective investment scheme (the "Transferee Fund") on terms that Shareholders in the Fund shall receive from the Transferee Fund shares or units in the Transferee Fund of equivalent value to their shareholdings in the Fund.

  • The Trust Manager must give a notice under clause 6.1 where to do so will ensure continuing compliance by the Trust Manager of its obligations under clause 7 in relation to the Transferor Fund and the Transferee Fund.

  • Directors Following the implementation of the Proposals, it is proposed that the entire Board will be invited to join the board of directors of the Transferee Fund.

  • FORM E an application for an ‘Agterskot’ TRANSFER in respect of the previously approved transfer OF BUSINESS FROM …………… (Transferor Fund) (12/8/........) to ……………… (Transferee Fund) (12/8/........) [This form is to be completed by the valuator of the transferor fund, the principal officers of both Funds as well as the chairpersons or duly authorized members of the boards of both Funds] Case number of previous approval: ……………….

  • Shareholders who do not wish to participate in the Proposals are given the option (the “Redemption Option”) of redeeming their holding of Shares (for value calculated on the Valuation Date) on the same date on which the assets are transferred to the Transferee Fund (the “Completion Date”) in consideration for cash, payable on the Redemption Option Payment Date.

  • Mr Ayre also holds 545,107.6588 shares in the Spearpoint All Weather Bond Fund, a sub-fund of the Transferee Fund.

  • At the Meetings of the Cells an ordinary resolution will be proposed to approve: (i) the Proposals; (ii) the transfer of assets from the relevant Cell to the Transferee Fund in consideration for the issue of New Sub-Fund Shares on the basis described above; and (iii) the redemption of Shares in consideration for the issue of New Sub-Fund Shares on the basis described above.

  • Dealings in the New Sub-Fund Shares, through the administrator of the Transferee Fund (the “Transferee Administrator”), may take place following their issue on the next dealing day of the relevant Sub-Fund.

  • We would therefore expect the implementation of the Proposals to have no tax implications for Guernsey or Jersey resident Shareholders in the Transferee Fund.


More Definitions of Transferee Fund

Transferee Fund means a fund to which liabilities, and assets to provide for those liabilities, are transferred from another fund as contemplated in section 14 of the PFA;
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Transferee Fund means a Complying Superannuation Fund of which the Transferee Trustee is trustee.
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Transferee Fund means the sub-plan of the fund of which the Transferee Trustee referred to in Clause 47(3) is the trustee;
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Transferee Fund means the retirement fund to which accrued benefits and corresponding assets and liabilities are transferred from another retirement fund pursuant to the rules of the transferee fund;
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Related to Transferee Fund

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Transferee Letter The meaning specified in Section 12.16.

  • Transferee is a qualified institutional buyer" as defined in Rule 144A because (i) the Transferee is an investment company registered under the Investment Company Act of 1940, and (ii) as marked below, the Transferee alone owned and/or invested on a discretionary basis, or the Transferee's Family of Investment Companies owned, at least $100,000,000 in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year. For purposes of determining the amount of securities owned by the Transferee or the Transferee's Family of Investment Companies, the cost of such securities was used, unless the Transferee or any member of the Transferee's Family of Investment Companies, as the case may be, reports its securities holdings in its financial statements on the basis of their market value, and no current information with respect to the cost of those securities has been published, in which case the securities of such entity were valued at market. ____ The Transferee owned and/or invested on a discretionary basis $____________________ in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year (such amount being calculated in accordance with Rule 144A). ____ The Transferee is part of a Family of Investment Companies which owned in the aggregate $__________________ in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year (such amount being calculated in accordance with Rule 144A).

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • Private Fund means an issuer that would be an investment company as defined in section 3 of the Investment Company Act of 1940 but for Section 3(c)(1) or 3(c)(7) of that Act.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Member Interest means an equity interest of a Member in the Company and includes any and all benefits to which such Member is entitled as provided in this Agreement, together with all obligations of such Member pursuant to the terms and provisions of this Agreement.

  • Special Limited Partner Interest means the interest of the Special Limited Partner in the Partnership representing its right as the holder of an interest in distributions described in Sections 5.1(b)(iii)(A), (c), (d) and (e) (and any corresponding allocations of income, gain, loss and deduction under this Agreement).

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Provider means a provider of any Services commissioned under the arrangements set out in this Agreement.

  • Limited Partner Interest means a Partnership Interest of a Limited Partner in the Partnership representing a fractional part of the Partnership Interests of all Limited Partners and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement. A Limited Partner Interest may be expressed as a number of Partnership Common Units, Partnership Preferred Units or other Partnership Units.

  • Prospective Transferee means any person to whom a Key Holder proposes to make a Proposed Key Holder Transfer.

  • Permitted Trust means a bona fide trust where each trustee is (i) a Qualified Stockholder, (ii) a Family Member, or (iii) a professional in the business of providing trustee services, including private professional fiduciaries, trust companies and bank trust departments.

  • Partnership Interest means an interest in the Partnership, which shall include the General Partner Interest and Limited Partner Interests.

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Purported Record Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 7(b)(ii) of these Articles Supplementary, the record holder of the Series A Preferred Stock if such Transfer had been valid under Section 7(b)(i) of these Articles Supplementary.

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Sub-Investment Manager means for each Fund the sub-investment manager or sub-investment managers indicated in the tables on page x, and in addition for each Fund any other sub-investment manager that the Investment Manager may appoint in the future to manage the Fund, provided that disclosure of any such sub-investment managers appointed by the Investment Manager will be provided to Shareholders upon request and details thereof will be disclosed in the periodic reports to Shareholders, and provided further that each Sub-Investment Manager may appoint a sub-investment manager/advisor to manage/advise any portion of the assets of the Fund in accordance with the requirements of the Central Bank Rules;

  • Plan Investor As defined in Section 5.03(n) of this Agreement.