Asset Segregation Sample Clauses

The Asset Segregation clause requires that a party keep certain assets separate from other property, ensuring they are not commingled with unrelated assets. In practice, this often means maintaining distinct accounts or records for client funds, trust property, or collateral, so these assets can be easily identified and protected. The core function of this clause is to safeguard the interests of asset owners by preventing misuse or confusion, and to facilitate clear ownership and recovery in the event of insolvency or dispute.
Asset Segregation. Sub-Advisor will review each Fund’s Sub-Advisor Assets for which Sub-Advisor has information and determine, through use of its policies, procedures and interpretations of applicable rules and standards, the amounts Sub-Advisor believes should be segregated against the instruments Sub-Advisor is aware of the Fund holding that Sub-Advisor believes cause a requirement for segregation. Sub-Advisor will then determine that Fund holdings Sub-Advisor believes to be liquid securities (based on Sub-Advisor’s internal practices and interpretations) exist in sufficient quantity to at least equal the amounts required for segregation. Sub-Advisor is not required to communicate such determinations to the Funds’ custodian or administrator or to Advisor, though Sub-Advisor may make quarterly reports to Advisor that Sub-Advisor has performed the actions described in this paragraph.
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Asset Segregation. The Sub-Adviser’s actions with respect to the Fund’s asset segregation are limited to the following: (i) reviewing the portfolio holdings of the Fund for which the Sub-Adviser has information and responsibility and determining, through use of the Sub-Adviser’s and its affiliates’ policies, procedures and interpretations of applicable rules and standards, and agreements, the amounts the Sub-Adviser believes should be segregated against the instruments the Sub-Adviser is aware of the Fund holding that the Sub-Adviser believes cause a requirement for segregation; and (ii) determining that Fund holdings the Sub-Adviser believes to be liquid securities (based on the Sub-Adviser’s and its affiliates’ internal practices, interpretations and agreements) exist in sufficient quantity to at least equal the amounts required for segregation.
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Asset Segregation. No Relevant Obligor shall (and the Company shall ensure that no member of the Group will) commingle any assets of such Relevant Obligor or other member of the Group comprised in any Excluded Project with any assets comprised in any Project or the Mocha Slot Business.
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Asset Segregation. (a) The Company shall not permit and Cubic Louisiana Holding, LLC and Cubic Louisiana, LLC shall not (i) form or acquire any Subsidiaries, or (ii) acquire assets (other than cash received in respect of production from the Legacy Assets). (b) The Company shall cause Cubic Louisiana, LLC and Cubic Louisiana Holding, LLC to, and each of Cubic Louisiana, LLC and Cubic Louisiana Holding, LLC shall deposit all cash or other property or payments received in respect of or relating to Legacy Assets in a Legacy Asset Account. (c) The Non-▇▇▇▇▇ Loan Parties shall deposit all cash, cash equivalents, securities or other property or payments received by them or in respect of or relating to assets acquired by any Non-▇▇▇▇▇ Loan Party in an Acquired Asset Account. (d) The Non-▇▇▇▇▇ Loan Parties shall not transfer, lease, sublease, license, sublicense, convey, distribute or otherwise dispose of (including by way of merger, consolidation, amalgamation or otherwise) any assets to any ▇▇▇▇▇ Loan Party.
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Asset Segregation 
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Related to Asset Segregation

  • Data Segregation a. DSHS Data must be segregated or otherwise distinguishable from non-DSHS data. This is to ensure that when no longer needed by the Contractor, all DSHS Data can be identified for return or destruction. It also aids in determining whether DSHS Data has or may have been compromised in the event of a security breach. As such, one or more of the following methods will be used for data segregation. (1) DSHS Data will be kept on media (e.g. hard disk, optical disc, tape, etc.) which will contain no non-DSHS Data. And/or, (2) DSHS Data will be stored in a logical container on electronic media, such as a partition or folder dedicated to DSHS Data. And/or, (3) DSHS Data will be stored in a database which will contain no non-DSHS data. And/or, (4) DSHS Data will be stored within a database and will be distinguishable from non-DSHS data by the value of a specific field or fields within database records. (5) When stored as physical paper documents, DSHS Data will be physically segregated from non- DSHS data in a drawer, folder, or other container. b. When it is not feasible or practical to segregate DSHS Data from non-DSHS data, then both the DSHS Data and the non-DSHS data with which it is commingled must be protected as described in this exhibit.

  • Segregation All Securities and non-cash property held by the Custodian for the account of the Fund (other than Securities maintained in a Securities Depository, Eligible Securities Depository or Book-Entry System) shall be physically segregated from other Securities and non-cash property in the possession of the Custodian (including the Securities and non-cash property of the other series of the Trust, if applicable) and shall be identified as subject to this Agreement.

  • Segregation of Funds Contractor shall comply with federal requirements relating to the required segregation of funds received for abortion services in accordance with the Affordable Care Act Section 1303 and 45 C.F.R. § 156.280.

  • Permitted Withdrawals and Transfers from the Master Servicer Collection Account (a) The Master Servicer will, from time to time on demand of a Servicer or the Securities Administrator, make or cause to be made such withdrawals or transfers from the Master Servicer Collection Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the related Servicing Agreement. The Master Servicer may clear and terminate the Master Servicer Collection Account pursuant to Section 10.01 and remove amounts from time to time deposited in error. (b) On an ongoing basis, the Master Servicer shall withdraw from the Master Servicer Collection Account (i) any expenses recoverable by the Trustee, the Master Servicer or the Securities Administrator or the Custodian pursuant to Sections 3.03, 7.04 and 9.05 and (ii) any amounts payable to the Master Servicer as set forth in Section 3.14. (c) In addition, on or before each Distribution Account Deposit Date, the Master Servicer shall deposit in the Distribution Account (or remit to the Trustee for deposit therein) any Monthly Advances required to be made by the Master Servicer with respect to the Mortgage Loans. (d) No later than 3:00 p.m. New York time on each Distribution Account Deposit Date, the Master Servicer will transfer all Available Funds on deposit in the Master Servicer Collection Account with respect to the related Distribution Date to the Trustee for deposit in the Distribution Account.

  • Segregation of Assets The Borrower’s assets will be maintained in a manner that facilitates their identification and segregation from those of the Servicer, the Parent, the Performance Guarantor, the Originators or any Affiliates thereof.