Wrap Program Participants definition

Wrap Program Participants means customers of Clients to whom Wrap Programs are offered. In the event of a conflict between (i) the specific terms of this Section 14(p) and/or Exhibit C and (ii) the remaining provisions of this Agreement, the terms of this Section 14(p) and Exhibit C control as to the services set forth in this Section 14(p) and Exhibit C.
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Wrap Program Participants means customers of Clients to whom Wrap Programs are offered. The Fund’s obligation to pay PFPC for Wrap Processing Services shall survive the termination of this Agreement and continue for so long as there are assets in the Omnibus Accounts (i.e., the Omnibus Accounts referenced in Exhibit C attached hereto) attributable to Shares. In the event of a conflict between (i) the specific terms of this Section 14(p) and/or Exhibit C and (ii) the remaining provisions of this Agreement, the terms of this Section 14(p) and Exhibit C control as to the services set forth in this Section 14(p) and Exhibit C.
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Examples of Wrap Program Participants in a sentence

  • On each day the New York Stock Exchange (the “Exchange”) is open for business (each, a “Business Day”), PFPC or its agents may receive trade instructions with respect to the Wrap Programs and/or Wrap Program Participants for the purchase or redemption of shares of the Portfolios (“Trade Instructions”).

  • If the TIN is not known, the instructions must include an equivalent identifying number of the Wrap Program Participant(s) or account(s) or other agreed upon information to which the instruction relates.

  • The Trust hereby appoints PFPC as its agent to perform the services specified herein and in the attached Schedule A (the "Services") for the benefit of the Wrap Program Participants who maintain Shares through Wrap Programs, and PFPC accepts such appointment.

  • Shares of the Funds will be held on behalf of Wrap Program Participants through accounts established with the Fund by PFPC (the "Omnibus Accounts") at the net asset value applicable to each order.

  • Wrap Program Participants and prospective Wrap Program Participants should be aware that the Advisor generally will not effect any transactions in fixed income securities for their accounts through the Wrap Sponsor or an affiliated broker of that firm.

  • Finally, either the Advisor or a Wrap Sponsor may terminate their Master Contract as provided in that document, in which case the Advisor will cease to provide advisory services to all Wrap Program Participants of the Wrap Sponsor as provided in the Master Contract.

  • For purposes of this Section 14(p) and Exhibit C, the following terms have the following meanings: "Clients" means financial institutions which offer Wrap Programs; "Wrap Programs" means mutual funds-only asset allocation, supermarket and/or other similar products offered by Clients which require sub-transfer agent and sub-accounting services; "Wrap Program Participants" means customers of Clients to whom Wrap Programs are offered.

  • Because it is unlikely that Wrap Program Participants would become direct clients of the Advisor other than through a Wrap Program, the Advisor is subject to conflicts of interest in determining whether it is a suitable manager for a particular potential Wrap Program Participant.

  • On each day the New York Stock Exchange (the “Exchange”) is open for business (each, a “Business Day”), PNC or its agents may receive trade instructions with respect to the Wrap Programs and/or Wrap Program Participants for the purchase or redemption of shares of the Portfolios (“Trade Instructions”).

  • As a result, brokerage transaction costs (e.g., commissions, mark- ups and mark-downs), if any, paid for fixed-income securities transactions effected for Wrap Program Participants by the Advisor have not been offset or reduced by Wrap Fees paid, and will be costs paid by the Wrap Program Participant in addition to the Wrap Fee.

Related to Wrap Program Participants

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • Participants is defined in Section 12.2.1.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Participating Retail Store means any one of the Australian retail stores trading under the following trading names that is authorised by Breville to sell Participating Products and has been invited by the Promoter to participate in the Promotion:

  • Pension program means the defined benefit pension program of the Oregon Public Service

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).