Access Person Clause Samples

The 'Access Person' clause defines who qualifies as an individual with access to sensitive or confidential information within an organization, typically for compliance or regulatory purposes. This designation often includes employees, contractors, or affiliates who have the ability to influence investment decisions or access non-public information. By clearly identifying Access Persons, the clause ensures that appropriate monitoring, reporting, and ethical standards are applied to those individuals, thereby helping to prevent conflicts of interest and insider trading.
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Access Person a. any director, officer or general partner of SEI Investments Distribution Co. ("SIDC") who, in the ordinary course of business, makes, participates in or obtains information regarding, the purchases or sales of securities by an Investment Vehicle for which SIDC acts as principal underwriter, or whose functions or duties in the ordinary course of business relate to the making of any recommendations to the Investment Vehicles regarding the purchase or sale of securities; b. any director, officer, general partner or employee of SEI Investments Mutual Fund Services who, in connection with his or her regular functions or duties, participates in the selection of an Investment Vehicle's portfolio securities, or who has access to information regarding an Investment Vehicles' purchases or sales of portfolio securities; c. any natural person in a "control" relationship to an Investment Vehicle or SEI Investments Management Company ("SIMC") who obtains information concerning recommendations made to an Investment Vehicle with regard to the purchase or sale of securities by the Investment Vehicle.
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Access Person. Any director, officer, or partner of Destra or an Investment Company Client or any employee of Destra or an Investment Company Client who (a) has access to nonpublic information regarding any clients’ purchase or sale of securities, or nonpublic information regarding the portfolio holdings of an Investment Company Client or (b) is
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Access Person. The term "Access Person" shall have the meaning set forth in Section 17j-1(a)(1) of the Investment Company Act of 1940 and rules thereunder (the "Act"). Accordingly, Access Person means any director, officer, general partner, or Advisory Person (as defined below) of the Fund or HALP, but shall not include any trustee of the Trust who is not an "interested person" of the Trust.
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Access Person. Any director, officer, or partner of Destra or an Investment Company Client or any employee of Destra or an Investment Company Client who (a) has access to nonpublic information regarding any clients’ purchase or sale of securities, or nonpublic information regarding the portfolio holdings of an Investment Company Client or (b) is [1] Federal Securities Laws means the Securities Act of 1933( 15 U.S.C. 771-aa), the Securities Exchange Act of 1934 (15 U.S.C. 78a-mm), the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 (Pub. L. 107-204, 116 Stat. 745 (2002)), the Investment Company Act of 1940 (15 U.S.C. 80a), the Investment Advisers Act of 1940 (15 U.S.C. 80b), Title V of the ▇▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Act (Pub. L. No. 106-102) 113 Stat 1338 (1999), any rules adopted by the SEC under any of these statutes, the Bank Secrecy Act (31 U.S.C. 5311-5314; 5316-5332) as it applies to funds and investment advisers, and any rules adopted thereunder by the SEC or the Department of the Treasury. involved in making securities recommendations to clients, or who has access to such recommendations that are nonpublic. Currently all Destra employees are deemed access persons. See Exhibit A.
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Access Person. An Access Person is an Employee/Supervised Person who has access to nonpublic information regarding any Client’s trading or any Reportable Fund’s holdings, who is involved in making securities recommendations to Clients, or who has access to non-public securities recommendations.
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Related to Access Person

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  • Transactions with Affiliates and Insiders Enter into or permit to exist any transaction or series of transactions with any officer, director or Affiliate of such Person other than (a) advances of working capital to any Loan Party, (b) transfers of cash and assets to any Loan Party, (c) intercompany transactions expressly permitted by Section 8.02, Section 8.03, Section 8.04, Section 8.05 or Section 8.06, (d) normal and reasonable compensation and reimbursement of expenses of officers and directors in the ordinary course of business and (e) except as otherwise specifically limited in this Agreement, other transactions which are entered into in the ordinary course of such Person’s business on terms and conditions substantially as favorable to such Person as would be obtainable by it in a comparable arms-length transaction with a Person other than an officer, director or Affiliate.