Utah fund of funds definition

Utah fund of funds means a limited partnership or limited liability company
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Utah fund of funds means a limited partnership or limited liability company established under Section 63N-6-401 in which a designated investor purchases an equity interest.
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Utah fund of funds means any limited partnership or limited liability company established in accordance with U.C.A. Section 63N-6-401 in which a Designated Investor makes a Private Investment. There may be more than one Utah Fund of Funds.
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Examples of Utah fund of funds in a sentence

  • Funds invested by a designated investor for a certificate shall be paid to the corporation for placement in the Utah fund of funds.

  • The corporation may charge a management fee on assets under management in the Utah fund of funds.

  • Compensation from the Utah fund of funds to the corporation -- Redemption reserve.

  • No more than 50% of the funds invested by the Utah fund of funds may be made with venture capital entities with offices in the state established prior to July 1, 2002.

  • The Utah fund of funds may invest funds in a newly created venture capital fund only if the managers or management team of the fund have the experience, expertise, and a successful history in the investment of venture capital funds as described in Subsection (1)(c).

  • An investment or investments by the Utah fund of funds in any venture capital fund may comprise no more than 20% of the total committed capital in the venture capital fund.

  • The manager of the Utah fund of funds may waive the priorities under Subsection (2)(a) only if necessary to achieve the targeted investment returns required to attract designated investors.

  • The restriction under Subsection (4)(b)(i) shall remain in place until three additional venture capital entities open new offices in the state.Renumbered and Amended by Chapter 283, 2015 General Session 63N-6-404 Powers of Utah fund of funds.

  • Each calendar year, an audit of the activities of the Utah fund of funds shall be made as described in this section.

  • The Employee shall maintain a permanent residence and reside within the City limits by December 31, 2011 and throughout the subsequent duration of employment as Director of Human Services.


More Definitions of Utah fund of funds

Utah fund of funds means a limited partnership or limited liability company established under Section 63M-1-1213 in which a designated investor purchases an equity interest.
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Utah fund of funds means a [private, for-profit] limited partnership or limited
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Utah fund of funds means a [private, for-profit] limited partnership or limited liability company established under Section 9-2-1913 in which a designated investor purchases an equity interest.
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Related to Utah fund of funds

  • Fund of Funds means a registered investment company or series of a Fund which is managed and administered by Service Company and which invests substantially all of its assets in shares of two or more Funds (or series thereof).

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

  • Fresh Funds means funds that:

  • 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.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Sinking Fund Account means the sinking fund account established and held by the Treasurer of Charleston County designed to provide for the payment of the principal of, premium, if any, and interest on the Bonds, as the same respectively fall due.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • freezing of funds means preventing any move, transfer, alteration, use of, access to, or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would enable the funds to be used, including portfolio management;

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Sinking Fund Provisions [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire $ principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [non-cumulative] redemptions at the option of the Company to retire an additional $ principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest.] [If Designated Securities are Extendable Debt Securities, insert-- Extendable Provisions: The Designated Securities are repayable on , at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , , and to a rate not less than % of the effective annual interest rate on obligations with year maturities as of the [interest date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert-- Floating Rate Provisions: The initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [-month] [securities] [certificates of deposit] by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of the Interest Differential (the excess, if any, of (i) the then-current weekly average per annum secondary market yield for -month certificates of deposit over (ii) the then-current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then-current interest yield equivalent plus % of the Interest Differential].] 23

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Pooled fund group means an internally created fund of a district in which one or more institutional accounts of a district are in- vested.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.