New Central Fund definition

New Central Fund means the fund held, managed and applied by the Society pursuant to the New Central Fund Byelaw (No. 23 of 1996);
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No 23 of 1996)
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No. 23 of 1996) and any other assets expressed to be held as part of the New Central Fund; ‘‘New Central Fund contribution’’ means any contribution to the New Central Fund made under any general or special levy pursuant to the New Central Fund Byelaw (No. 23 of 1996) (but not including any special contributions under any such agreement as is referred to in paragraph 4 of the Membership, Central Fund and Subscriptions (Miscellaneous Provisions) Byelaw (No. 16 of 1993)); ‘‘overall premium limit’’ has the meaning given to it in the Definitions Byelaw (No. 7 of 2005); ‘‘Overseas Direction’’ has the meaning given in the Premiums Trust Deed; ‘‘Overseas Fund’’ means a Premiums Trust Fund constituted or regulated or to be constituted or regulated by an Overseas Direction; ‘‘Premiums Trust Deed’’ means a trust deed (other than a Special Trust Direction or an Overseas Direction) executed or to be executed by the Name, in a form for the time being required by the Council and constituting the Premiums Trust Fund; ‘‘Premiums Trust Fund’’ means the trust fund or funds to which all premiums received by or on behalf of the Name in respect of the Underwriting are required to be transferred under the Financial Services Authority’s requirements; ‘‘Provisional Insurer’’ has the meaning given to it in clause 8.2;
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Examples of New Central Fund in a sentence

  • Members’ standard personal expenses include Lloyd’s subscriptions, New Central Fund contributions, managing agent’s fees and profit commission.

  • In the event of a particular member of Lloyd’s being unable to meet its liabilities arising out of insurance business written in Malta by such member, the Lloyd’s New Central Fund may be made available, at the discretion of the Council of Lloyd’s, for that purpose.

  • Three levels of security were established for the Lloyd’s syndicates comprising: Premium Trust Funds (PTF); Funds at Lloyd’s (FAL) and The New Central Fund (NCF): 1.

  • Central Fundmeans the Central Fund established under Lloyd's Central Fund Byelaw (No 4 of 1986) and the New Central Fund established under Lloyd's New Central Fund Byelaw (No 23 of 1996).

  • Management of New Central Fund The proceeds of all NCF syndicate loans shall be held, managed, invested and applied as assets of the New Central Fund.

  • The activities of authorised insurance company subsidiary undertakings (primarily Lloyd’s Insurance Company S.A. and Lloyd’s Insurance Company (China) Limited) are included within this business segment; and— Lloyd’s Central Fund: these funds, comprising the New Central Fund and Old Central Fund, are assets of the Society and are held and administered at the discretion of the Council, primarily as funds available for the protection of policyholders.

  • Unless the approval of members is obtained, the New Central Fund may not be used for the purposes of extinguishing or reducing liabilities which have been reinsured by Equitas.

  • Member's standard personal expenses include Lloyd's subscriptions, New Central Fund contributions, managing agent fees and profit commission.

  • Lloyd’s Central Fund: these funds comprising the New Central Fund and Old Central Fund are assets of the Society and are held and administered at the discretion of the Council, primarily as funds available for the protection of the policyholders.

  • These conditions and requirements may be cited as the New Central Fund Syndicate Loan Requirements.


More Definitions of New Central Fund

New Central Fund means the fund established under the Lloyd’s New Central Fund Byelaw (No. 23 of 1996);
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No. 23 of 1996) and any other assets expressed to be held as part of the New Central Fund; ‘‘New Central Fund contribution’’ means any contribution to the New Central Fund made under any general or special levy pursuant to the New Central Fund Byelaw (No. 23 of 1996) (but not including any special contributions under any such agreement as is referred to in paragraph 4 of the Membership, Central Fund and Subscriptions (Miscellaneous Provisions) Byelaw (No. 16 of 1993)); ‘‘overall premium limit’’ has the meaning given to it in the Definitions Byelaw (No. 7 of 2005);
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New Central Fund means the fund held, managed and applied by Lloyd’s pursuant to Lloyd’s New Central Fund Byelaw (No. 23 of 1996).
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New Central Fund means the New Central Fund referred to in the New Central Fund Byelaw (No. 23 of 1996) and any other assets expressed to be held as part of the New Central Fund;
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New Central Fund means the fund so designated in and constituted under the New Central Fund Byelaw (No. 23 of 1996) as amended;
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New Central Fund means the fund held, managed and applied by the Society
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Related to New Central Fund

  • General Fund means the Fund so designated and established by Article V hereof.

  • Local fund means any of the local retirement funds for

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Special Fund means any fund other than the city general fund.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Collateral Fund The fund established and maintained pursuant to Section 3.01 hereof.

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

  • Program fund means the program fund established under section 12D.4.

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Money market mutual fund means an open-end managed investment fund:

  • Online Banking is the internet-based service providing access to your Bank account(s);

  • Federal Funds means federal or other immediately available funds which at the time of payment are legal tender for the payment of public and private debts in the United States of America.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Infrastructure fund means the renewable fuel infrastructure fund created in section 159A.16.

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • London Inter-Bank Offered Rate means, for any applicable interest period, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as selected by the Bank from time to time) at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period, for U.S. Dollar deposits (for delivery on the first day of such interest period) with a term equivalent to such interest period. If such rate is not available at such time for any reason, then the rate for that interest period will be determined by such alternate method as reasonably selected by the Bank. A “London Banking Day” is a day on which banks in London are open for business and dealing in offshore dollars.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.

  • Mutual Funds means (i) all open-end mutual funds; and (ii) similar pooled investment vehicles established in non-U.S. jurisdictions, such as registered investment trusts in Japan. For purposes of the Code, Mutual Fund does not include shares of open-end money market mutual funds (unless otherwise advised by Compliance).

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.