Common Funds definition

Common Funds means the Xxxxxx Class Common Fund and the Property Class Common Fund.
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Common Funds means those funds provided by the Parties, according to the ANNEX-E, included in the common budget, and only used to meet common expenditure.
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Common Funds means the Revenue Fund, Bond Fund (exclusive of the Sections 5.07 Account and moneys in the Prepayment Account held pursuant to Section 9.02 of the Indenture), Primary Reserve Fund, Program Reserve Fund (including the Authority Account and the Letter of Credit Account therein), Collateral Fund and Program Development Fund.
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Examples of Common Funds in a sentence

  • A substantial portion of the variable remuneration of the staff of the Fund Management Company, to which the remunera- tion policy of the Fund Management Company shall be applied in accordance with the Act on Common Funds or the Act on Alternative Investment Fund Managers, must be paid in fund units of the relevant investment fund or alternative investment fund or in other equivalent financial instruments, which func- tion as equally effective incentives as fund units.

  • An amendment to the general fund regulations and fund-specific regulations of investment funds prescribed in the Act on Common Funds will become ef- fective one month after the Finnish Financial Supervisory Au- thority has approved the amendment and information about the amendments has been given to fund unit holders, unless otherwise prescribed by the Finnish Financial Supervisory Au- thority.

  • Amendments to the general fund regulations and fund-specific regulations of investment funds prescribed in the Act on Common Funds must be approved by the Finnish Financial Supervisory Authority.

  • The prospectus contains the information required by the Finnish Ministry of Finance decree on fund prospectuses, and the Key Investor Information Document contains the information re- quired by the Act on Common Funds.

  • A significant portion of the salary and the variable portions of salary of persons in the service of the Management Company to which the Management Company’s incentive system must be applied un- der the Act on Common Funds must be paid as fund units of the mutual fund in question, or as other financial instruments that provide an equally effective incentive as fund units.

  • When calculating investment restrictions, the Fund Management Company does not include the assets of other mutual funds, UCITS or alternative investment funds referred to in chapter 13, section 6, subsections 1–3 of the Act on Common Funds in which the Fund's assets have been invested.

  • The Fund conforms to the portfolio diversification requirements and investment restrictions referred to in the Act on Common Funds, most of which are listed below.

  • Fund prospectus and key investor infor- mation document The Management Company will maintain a fund prospectus and key investor information document referred to in the Act on Common Funds.

  • The Management Company will maintain a fund prospectus and key investor information document referred to in the Act on Common Funds.

  • A significant part of the variable remuneration to the Fund Management Company’s employees to whom the Fund Management Company’s incentive scheme under the Act on Common Funds is applied shall be paid in fund units of the fund in question or in equivalent financial instruments that are as effective inducements as fund units.


More Definitions of Common Funds

Common Funds means those funds held by the Association and collected from Owners by means of regular or special assessments, for the payment of Common Expenses.
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Common Funds means common funds where trustee companies are empowered to pool money, notwithstanding that the money may be held on individual trust, by virtue of one or more of the following State or Territory Acts:
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Common Funds is defined in the recitals to this Agreement.
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Related to Common Funds

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.

  • Levy reduction funds means increases in state funds from

  • Project Funds means funds disbursed by the State Water Board to the Recipient for purposes of this Agreement.

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • the Skipton Fund means the ex-gratia payment scheme administered by the Skipton Fund Limited, incorporated on 25th March 2004, for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with the scheme’s provisions;

  • State funds means any funds appropriated by the North Carolina General Assembly or collected by the State of North Carolina. State funds include federal financial assistance received by the State and transferred or disbursed to non-State entities. Both Federal and State funds maintain their identity as they are disbursed as financial assistance to other organizations.

  • Trust Funds means, in the aggregate, all of the Funds and Accounts.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Fresh Funds means funds that:

  • Project Fund means the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Interest Funds With respect to each Mortgage Group and any Payment Date, (a) the sum of, without duplication, (1) all interest collected (other than the interest portion of Payaheads and Prepayment Premiums) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Mortgage Group during the related Due Period by the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor Master Servicer), minus, (x) to the extent provided under Sections 4.02(e)(3) and (4) and Sections 5.08(i) and (ii) herein, previously unreimbursed Advances and Nonrecoverable Advances due to the Servicer, the Subservicer, the Master Servicer or the Indenture Trustee (solely in its capacity as successor master servicer) to the extent allocable to interest and the allocable portion of previously unreimbursed Servicing Advances with respect to the Mortgage Loans in such Mortgage Group, (y) the Servicing Administration Fee and Master Servicing Fee with respect to such Mortgage Loans in such Mortgage Group and (z) any fees and expenses of any Custodian with respect to the Mortgage Loans in such Mortgage Group to the extent not paid by the Seller or its Affiliates, (2) any Compensating Interest Payments or payments in respect of Prepayment Interest Shortfalls paid by the Master Servicer pursuant to Section 5.21 with respect to the related Prepayment Period with respect to the Mortgage Loans in such Mortgage Group, (3) the portion of any Purchase Price or Substitution Amount paid with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period allocable to interest, and (4) all Net Liquidation Proceeds, Insurance Proceeds and any other recoveries collected with respect to the Mortgage Loans in such Mortgage Group during the related Prepayment Period, to the extent allocable to interest, as reduced by (b) such Mortgage Group’s pro rata share of: (i) the Owner Trustee Fee, (ii) any costs, expenses or liabilities reimbursable or otherwise due to the Master Servicer, Servicer, the Subservicer, the Indenture Trustee, any Custodian, the Owner Trustee or the Trust Administrator to the extent provided in this Agreement, the Trust Agreement, the Indenture and any Custodial Agreement and (iii) any Net Swap Payment.

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Buydown Funds Any amount contributed by the seller of a Mortgaged Property, the Company or other source in order to enable the Mortgagor to reduce the payments required to be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.

  • Reserve Funds means the Tax and Insurance Reserve Funds, the FF&E Reserve Funds, the Required Repair Funds, the PIP Reserve Funds, the Excess Cash Reserve Funds or any other escrow funds established by the Loan Documents.

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

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.