Common use of Detecting Red Flags Clause in Contracts

Detecting Red Flags. The Federal Trade Commission has adopted rules requiring certain financial institutions to implement an Identity Theft Prevention Program and to detect “Red Flags”(as defined in this section) to prevent identity theft. (a) PNC will provide the Fund with its “Red Flag Services”, which are hereby defined to mean the following services: (i) PNC will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (A) account opening and other account activities and transactions conducted directly through PNC with respect to Direct Accounts (as defined below), and (B) transactions effected directly through PNC by Covered Persons (as defined below) in Covered Accounts (as defined below). Such controls, as they may be revised from time to time hereunder, are referred to herein as the “Controls”. Solely for purposes of the Red Flag Section, the capitalized terms below will have the respective meaning ascribed to each below or, to the extent that the definition of any such term under the Rule is, at any time, different from the definition set forth below, such term will have the meaning ascribed thereto in the then-effective version of the Rule:

Detecting Red Flags. The Federal Trade Commission has adopted rules requiring certain financial institutions to implement an Identity Theft Prevention Program and to detect “Red Flags”(as Flags” (as defined in this section) to prevent identity theft. (a) PNC will provide the Fund with its “Red Flag Services”, which are hereby defined to mean the following services: (i) PNC will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (A) account opening and other account activities and transactions conducted directly through PNC with respect to Direct Accounts (as defined below), and (B) transactions effected directly through PNC by Covered Persons (as defined below) in Covered Accounts (as defined below). Such controls, as they may be revised from time to time hereunder, are referred to herein as the “Controls”. Solely for purposes of the Red Flag Section, the capitalized terms below will have the respective meaning ascribed to each below or, to the extent that the definition of any such term under the Rule is, at any time, different from the definition set forth below, such term will have the meaning ascribed thereto in the then-effective version of the Rule:

Detecting Red Flags. The Federal Trade Commission has adopted rules requiring certain financial institutions to implement an Identity Theft Prevention Program and to detect “"Red Flags”(as Flags"(as defined in this section) to prevent identity theft. (a) PNC will provide the Fund with its “"Red Flag Services”", which are hereby defined to mean the following services: (i) PNC will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (A) account opening and other account activities and transactions conducted directly through PNC with respect to Direct Accounts (as defined below), and (B) transactions effected directly through PNC by Covered Persons (as defined below) in Covered Accounts (as defined below). Such controls, as they may be revised from time to time hereunder, are referred to herein as the “"Controls”". Solely for purposes of the Red Flag Section, the capitalized terms below will have the respective meaning ascribed to each below or, to the extent that the definition of any such term under the Rule is, at any time, different from the definition set forth below, such term will have the meaning ascribed thereto in the then-effective version of the Rule: