EQ Financial definition

EQ Financial s sole shareholder, has adopted a written plan (the "Plan"), for Year 2000 compliance for the correct operation of its computer systems and the computer systems, if any, of its subsidiaries, including EQ Financial (the "Equitable Computer Systems"), that the Plan provides for the identification, testing and, where appropriate, upgrading of the Equitable Computer Systems in accordance with reasonable industry standards, so that both the Equitable Computer Systems and their interfaces with third party computer systems will function accurately and without interruption before, during and after December 31, 1999, that Equitable is actively in the process of implementing the Plan and that EQ Financial presently has no reason to believe that the Equitable Computer Systems and their interfaces with third party computer systems will not be able to function accurately and without interruption before, during and after such date. EQ Financial covenants that Equitable will continue to implement the Plan and take such other steps as may be necessary and appropriate to be Year 2000 compliant in a timely and efficient manner and will promptly notify the Board of Trustees of the Trust of any Year 2000 compliance problems and the nature thereof on or before September 1, 1999 if EQ Financial determines that the Equitable Computer Systems are not or is not likely to be Year 2000 compliant in a timely and efficient manner. EQ Financial further represents and warrants that it will provide the Board of Trustees at each Board meeting held during calendar year 1999 and as appropriate in calendar year 2000 with detailed reports as to the Year 2000 preparedness of the Equitable Computer Systems. The failure of the Equitable Computer Systems to be Year 2000 compliant shall not be deemed to be a force majeure event or provide a defense to performance hereunder. Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.
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EQ Financial or the "Manager"). The Trust and EQ Financial agree as follows:
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EQ Financial or the "Manager"), and Warburg Pincus Counsellors, Inc., a Delaware corporation (the "Adviser").
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Examples of EQ Financial in a sentence

  • EQ Advisors Trust, on behalf of each of its Portfolios, and EQ Financial Consultants, Inc., have caused this Agreement to be executed as of the day and year first written.

  • Premiums due and payable under the Bond (as defined in the Agreement) shall be paid 90% by the Trust and 10% by EQ Financial.

  • As a result of the transfer of the Investment Management Agreement between the Trust and EQ Financial Consultants, Inc.

  • EQ Advisors Trust, on behalf of each of its Portfolios EQ Financial Consultants, Inc.

  • Appendix A to the Agreement, setting forth the Portfolios of the Trust for which EQ Financial is appointed as the investment manager, is hereby replaced in its entirety by Appendix A attached hereto.

  • EQ Financial further represents and warrants that it will provide the Board of Trustees at each Board meeting held during calendar year 1999 and as appropriate in calendar year 2000 with detailed reports as to the Year 2000 preparedness of the Equitable Computer Systems.

  • EQ Financial covenants that Equitable will continue to implement the Plan and take such other steps as may be necessary and appropriate to be Year 2000 compliant in a timely and efficient manner and will promptly notify the Board of Trustees of the Trust of any Year 2000 compliance problems and the nature thereof on or before September 1, 1999 if EQ Financial determines that the Equitable Computer Systems are not or is not likely to be Year 2000 compliant in a timely and efficient manner.

  • The Trust hereby appoints Chase to provide administrative, accounting and compliance services for the Trust, as described hereinafter, subject to the supervision of the Board of Trustees of the Trust (the "Board")and EQ Financial Consultants, Inc., the Trust's manager ("Manager"), for the period and on the terms set forth in this Agreement.

  • The Trust hereby appoints EQ Financial as the investment manager for each of the portfolios of the Trust specified in Appendix A to this Agreement, as such Appendix A may be amended by the Manager and the Trust from time to time (the "Portfolios"), subject to the supervision of the Trustees of the Trust and in the manner and under the terms and conditions set forth in this Agreement.

  • EQ Financial is registered as a broker-dealer under the Securities Exchange Act of 1934, as amended, ("Securities Exchange Act"), and is a member of the National Association of Securities Dealers, Inc.


More Definitions of EQ Financial

EQ Financial or the "Manager"), and Bankers Trust Company, a New York banking corporation (the "Adviser").
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EQ Financial or the "Manager"), and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Asset Management, Inc., a Delaware corporation (the "Adviser").
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