Investment Entity. any Entity that either: a) primarily conducts as a business one or more of the following activities or operations for or on behalf of a customer: i) trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instruments; transferable securities; or commodity futures trading; ii) individual and collective portfolio management; or iii) otherwise investing, administering, or managing financial assets or money on behalf of other persons; OR b) the gross income of which is primarily attributable to investing, reinvesting, or trading in financial assets, if the Entity is managed by a Financial Institution.
Appears in 2 contracts
Sources: Long Form Subscription Agreement, Long Form Subscription Agreement
Investment Entity. any Entity that either:
a) primarily conducts as a business one or more of the following activities or operations for or on behalf of a customer:
i) trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instruments; transferable securities; or commodity futures trading; ;
ii) individual and collective portfolio management; or or
iii) otherwise investing, administering, or managing financial assets or money on behalf of other persons; OR
b) the gross income of which is primarily attributable to investing, reinvesting, or trading in financial assets, if the Entity is managed by a Financial Institution.
Appears in 1 contract
Sources: Subscription Agreement