BLIC definition
Examples of BLIC in a sentence
On January 1, 2017, MLIA entered into investment management agreements with each of BLIC, BLICNY, NELICO, BHF, Services and BHS to provide investment management services with respect to all of the general account and separate account assets of those Companies (the “Legacy Agreements”).
All notices, notifications, instructions and other communications relating to the movement of Bullion in relation to your Unallocated Account shall be by way of authenticated electronic transmission (including tested telex and authenticated SWIFT), and shall be addressed to: Precious Metals Operations HSBC Bank USA, National Association ▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇ Tested Telex: 889217 RNB SWIFT: BLIC GB2L 13.
On January 1, 2017, MIM entered into investment management agreements with each of BLIC, BLICNY, NELICO, BHF, Services and BHS to provide investment management services with respect to all of the general account and separate account assets of those Companies (the “Legacy Agreements”).
BLIC shall prepare, file (or cause to be prepared and filed) with the Internal Revenue Service and with the appropriate state agencies, if required, mail to shareholders such returns for reporting dividends and distributions paid as are required to be so filed and mailed, and shall withhold such sums, if any, as are required to be withheld under applicable federal and state income tax laws, rules and regulations.
Each Fund certifies to BLIC that as of the close of business on the date of this Agreement, it has authorized an unlimited number shares of beneficial interest, as set forth in its Agreement and Declaration of Trust.
From and after the effective time of the Policy Novation (the “Policy Novation Effective Time”), the Company shall and shall cause BLIC to pay and remit, or cause to be paid or remitted, to MLIC, promptly, all money, rights and other consideration received by it or any member of the Company Group in respect of the Novated Policy, and shall, at MetLife’s sole expense, use its reasonable best efforts to collect any such money, rights or other consideration.
As between the Funds and BLIC in its capacity as transfer agent, each Fund assumes full responsibility for the preparation, contents and distribution of each prospectus of the Fund and for complying with all applicable requirements of the Securities Act of 1933, as amended, the 1940 Act, and any laws, rules and regulations of governmental authorities having jurisdiction over the Fund, except as may be specifically provided herein.
Except as specifically agreed in writing between BLIC and the Funds, BLIC shall have no obligation when crediting shares to take cognizance of any other laws relating to the sale of such shares.
The Funds shall promptly inform BLIC of the declaration of any dividend or distribution on account of shares of a Portfolio, including the amount per share, record date and date payable.
In connection with the appointment of BLIC as transfer agent, each Fund shall furnish BLIC with such certificates, documents or opinions which BLIC may, in its discretion, reasonably deem necessary or appropriate in the proper performance of its duties.