Separate Investment Funds Sample Clauses

The Separate Investment Funds clause establishes that certain funds or assets are to be maintained independently from other financial resources, typically within the context of a larger investment or business arrangement. In practice, this means that the specified funds are segregated in dedicated accounts or portfolios, and their use is restricted to particular purposes, such as funding a specific project or meeting defined obligations. This separation ensures transparency, prevents commingling of assets, and protects the interests of stakeholders by clearly delineating which funds are available for which uses.
Separate Investment Funds. The Trust shall consist of a separate and distinct investment fund program to be known as the Trust Fund. The Trust Fund shall be held, managed, administered, valued, invested, reinvested, distributed, accounted for and otherwise dealt with, in accordance with the provisions in this Agreement. References to the Trust assets shall generally be deemed to refer to the Trust Fund. (a) The assets belonging to the Trust Fund shall be charged with the liabilities in respect of the Trust and all expenses, costs, charges and reserves to the Trust. Any general liabilities, expenses, costs, charges or reserves of the Trust shall be allocated and charged by the Trustee to the Trust Fund. Each allocation of liabilities, expenses, costs, charges and reserves by the Trustee shall be conclusive and binding for all purposes. (b) Employer may establish a separate Trust Fund for the obligations of Employer under each Plan, or may provide a single Trust Fund for all obligations of Employer under all Plans adopted by Employer. Employer may, by written direction from time to time to the Trustee, add additional separate Trust Funds or combine two or more separate Trust Funds, provided that the Plan Administrator for each Plan funded by the Trust Fund(s) shall provide its written consent to any such direction provided by Employer, with applicable liabilities, expenses, costs, charges or other reserves being allocated in the manner set forth in subsection (a) above. (c) A Default Fund shall be established within the Trust Fund under conditions set forth under Article III above and based on investment guidelines established within the Investment Policy Statement.
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Separate Investment Funds. (A) The assets of the Trust Fund shall be held in such number of Investment Funds as the Employer and the Trustee may agree, plus an Employer Stock Fund if selected by the Employer in the Adoption Agreement, as the Employer shall designate in writing on the Investment Fund Designation form affixed to the Adoption Agreement. Such Investment Funds shall be selected by the Employer from among the funds offered by the Trustee for use as Investment Funds in the PRISM(R) PROTOTYPE RETIREMENT PLAN & TRUST. The Trustee reserves the right to change the funds available for use as Investment Funds in the PRISM(R) PROTOTYPE RETIREMENT PLAN & TRUST, from time to time, and the Employer agrees to execute an amended Investment Fund Designation form to reflect any such changes as may impact the Investment Funds available to the Employer's Plan. The Employer hereby acknowledges that, available as Investment Funds are interests in registered investment companies (i.e. mutual funds) for which the sponsoring organization, its parent, affiliates or successors may serve as investment advisor and receive compensation from the registered investment company for its services as investment advisor. The Employer acknowledges that it, as Named Fiduciary, has the sole responsibility for selection of the Investment Funds offered under the Plan, and it has done so on the basis of the Employer's determination, after due inquiry, of the appropriateness of the selected Investment Funds as vehicles for the investment of Plan assets pursuant to the terms of the Plan, considering all relevant facts and circumstances, including but not limited to (i) the investment policy and philosophy of the Employer developed pursuant to ERISA Section 402(b)(1); (ii) the Participants, including average level of investment experience and sophistication; (iii) the ability of Participants, using an appropriate mix of Investment Funds, to diversify the investment of Plan assets held for their benefit; (iv) the ability of Participants to, utilizing an appropriate mix of Investment Funds, to structure an investment portfolio within their account in the Plan with risk and return characteristics within the normal range of risk and return characteristics for individuals with similar investment backgrounds, experience and expectations; and, (v) in making the selection of Investment Funds, the Employer did not rely on any representations or recommendations from the Trustee or any of its employees, except as may have bee...
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Separate Investment Funds. (a) The Plan Committee will select the Investment Funds available under the Plan in a separate written Investment Policy and is delegated the authority to direct the Trustee to invest Trust assets in one or more of such Investment Funds. The Committee shall maintain such Investment Funds in accordance with the Employer's written Investment Policy. The Investment Funds selected by the Committee shall be communicated to Participants in writing. The number and composition of the Investment Funds may be changed from time to time. The Trustee may establish reasonable limits on the number of Investment Funds as well as the acceptable assets for any such Investment Fund. Each of the Investment Funds may be comprised of any of the following: (i) shares of a registered investment company, whether or not the Trustee or any of its affiliates is an advisor to, or other service provider to, such company; (ii) collective investment funds maintained by the Trustee, or any other fiduciary to the Plan, which are available for investment by trusts which are qualified under Code Sections 401(a) and 501(a); (iii) individual equity and fixed income securities which are readily tradeable on the open market; (iv) guaranteed investment contracts issued by a bank or insurance company;
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Separate Investment Funds. The Trust Fund shall consist of two investment funds, to be known as the “Capital Fund” and the “Cash Fund.” Each of these Funds shall be separately held, managed, administered, valued, invested, reinvested, distributed, accounted for and otherwise dealt with. References to the “Trust Fund” shall be deemed to refer to both the Capital Fund and the Cash Fund, and each of them.
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Separate Investment Funds. The Trust Assets will be kept in the common Funds that the Company may designate from time to time, and may include a Fund primarily invested in Company Stock. The respective assets of each Fund will be accounted for separately from those of each other Fund and will be invested in accordance with the investment guidelines established for the Fund by the Company. The Trustee's discretion in investing the assets of the Funds will be subject only to the foregoing provisions of this Section, the Trust Agreement, and EMS A. The Trustee may invest the assets of any Fund and commingle funds to the extent that the investment is consistent with the purposes of the Fund.
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Separate Investment Funds. Except as provided in the following provisions of this Section 3.1, the Trustee shall maintain the Trust Fund as a single fund for investment purposes. At any time and from time to time, the Trustee may in its discretion establish within the Trust Fund one or more investment funds, each of which shall be invested and reinvested in accordance with the Investment Guidelines and the following provisions of this Article III. As hereinafter used in this Agreement, the term “Fund” shall refer to the Trust Fund or, if one or more separate investment funds has or have been established in accordance with the foregoing provisions of this Section 3.1, shall refer to the separate investment fund to which the provision using such term is being applied.
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Separate Investment Funds 
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Related to Separate Investment Funds

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing: (i) Scheduled installments of principal and interest on the Mortgage Loans received or advanced by the applicable Servicers which were due on the related Due Date, net of the Servicing Fees due the applicable Servicers and less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; (ii) Payoffs and the proceeds of other types of liquidations of the Mortgage Loans received by the applicable Servicer for such Mortgage Loans during the applicable Payoff Period, with interest to the date of Payoff or liquidation less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; and (iii) Curtailments received by the applicable Servicers in the Prior Period. At its option, the Master Servicer may invest funds withdrawn from the Custodial Accounts for P&I, as well as any Buydown Funds, Insurance Proceeds and Liquidation Proceeds previously received by the Master Servicer (including amounts paid by the Company in respect of any Purchase Obligation or its substitution obligations set forth in Section 2.07 or Section 2.08 or in connection with the exercise of the option to terminate this Agreement pursuant to Section 9.01) for its own account and at its own risk, during any period prior to their deposit in the Certificate Account. Such funds, as well as any funds which were withdrawn from the Custodial Accounts for P&I on or before the Withdrawal Date, but not yet deposited into the Certificate Account, shall immediately be deposited by the Master Servicer with the Investment Depository in an Investment Account in the name of the Master Servicer and the Trust for investment only as set forth in this Section 3.03. The Master Servicer shall bear any and all losses incurred on any investments made with such funds and shall be entitled to retain all gains realized on such investments as additional servicing compensation. Not later than the Business Day prior to the Distribution Date, the Master Servicer shall deposit such funds, net of any gains (except Payoff Earnings) earned thereon, in the Certificate Account. (b) Funds held in the Investment Account shall be invested in (i) one or more Eligible Investments which shall in no event mature later than the Business Day prior to the related Distribution Date (except if such Eligible Investments are obligations of the Trustee, such Eligible Investments may mature on the Distribution Date), or (ii) such other instruments as shall be required to maintain the Ratings.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto, except for, subject to the relevant Control Agreement, the account bank party to such Control Agreement; (a) Schedule 2 sets forth under the heading “Deposit Accounts” all of the Deposit Accounts in which such Grantor has an interest and, except as otherwise disclosed to the Administrative Agent, such Grantor is the sole account holder of each such Deposit Account and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having either sole dominion and control (within the meaning of common law) or “control” (within the meaning of Section 9-104 of the UCC) over, or any other interest in, any such Deposit Account or any money or other property deposited therein, except for, subject to the relevant Control Agreement, the account bank party to such Control Agreement; and (b) Except as otherwise permitted under Section 5.6 and Section 5.7, such Grantor has taken all actions necessary or desirable to: (i) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any Certificated Securities (as defined in Section 9-102 of the UCC); (ii) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any portion of the Investment Accounts constituting Securities Accounts, Commodity Accounts, Securities Entitlements or Uncertificated Securities (each as defined in Section 9-102 of the UCC); (iii) establish the Administrative Agent’s “control” (within the meaning of Section 9-104 of the UCC) over all Deposit Accounts other than Exempt Accounts; and (iv) deliver all Instruments (as defined in Section 9-102 of the UCC) to the Administrative Agent to the extent required hereunder, provided, that the Administrative Agent shall not send a notice of sole control or similar notice unless an Event of Default has occurred and is continuing.

  • Settlement Funds For the purpose of settling a Securities transaction, Customer will provide BNY Mellon with sufficient immediately available funds or Securities, as applicable, in the relevant Account by such time and date as is required to enable BNY Mellon to settle such transaction in the country of settlement and in the currency to be used to settle such transaction.

  • Income Funds Rowe Price Multi-Sector Account Portfolios, Inc. on behalf of: