Externally Managed Funds definition
Externally Managed Funds shall have the meaning set forth in Section 3.17 hereof.
Externally Managed Funds means funds included in the scope of this Investment Policy that are managed pursuant to an Investment Management Agreement.
Examples of Externally Managed Funds in a sentence
All participation agreements relating to funds supporting the Seller Separate Accounts that are not managed by an Affiliate of Seller or CLIC (the "Externally Managed Funds") are in full force and effect and, to the knowledge of the Seller Key People, no notice has been given from any Externally Managed Fund that it intends to terminate any such participation agreement.