IC Act definition

IC Act means the U.S. Investment Company Act 1940 and any modifications or re-enactments thereof.

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IC Act means the Investment Company Act of 1940, as amended.

IC Act means the Investment Canada Act (Canada), as amended.

Examples of IC Act in a sentence

• In making purchases and sales of securities and other investment assets for the Fund, the Sub-Adviser will bear in mind the policies and procedures set from time to time by the Board as well as the limitations imposed by the Charter Documents and Registration Statement, the limitations in the IC Act, the Securities Act, the Internal Revenue Code of 1986, as amended, and other applicable laws and the investment objectives, policies and restrictions of the Fund.

• The Administrator shall create and maintain all necessary records in accordance with all applicable laws, rules and regulations, including but not limited to records required by Section 31(a) of the IC Act and the rules thereunder, as the same may be amended from time to time, pertaining to the various functions performed by it and not otherwise created and maintained by another party pursuant to contract with the Trust.

• Where applicable, such records shall be maintained by the Administrator for the periods and in the places required by Rule 31a-2 under the IC Act.

• Filing fees with respect to the notifications required under the IC Act and HSR Act shall be paid by the Company.

• Where applicable, such records shall be maintained by the Co-Administrators for the periods and in the places required by Rule 31a-2 under the IC Act.

• Notwithstanding the engagement of the Company to perform the services described in this Agreement, the Adviser and Trust have and retain responsibility for all compliance matters relating to the Adviser and Trust, including but not limited to compliance with all applicable provisions of the IC Act and IA Act, including Rule 38a-1 under IC Act, Rule 204-2 under IA Act, Section 15(c) under IC Act, and Rule 206(4)-7 under IA act.

• The Administrator shall at all times conform to: (i) all applicable provisions of the IC Act and any rules and regulations adopted thereunder, (ii) the provisions of the Registration Statement of the Trust under the ct of 1933, as amended from time to time, (iii) the provisions of the Agreement and Declaration of Trust and the By-Laws of the Trust, and (iv)any other applicable provisions of state and federal law.

• Parent is a “WTO investor” as that term is defined in the IC Act.

• The parties hereto acknowledge and agree that nothing contained in this Agreement shall be construed to require AmeriPrime to perform any services for the Trust which services could cause AmeriPrime to be deemed an "investment adviser" of the Trust within the meaning of Section 2(a)(20) of the IC Act or to supersede or contravene the Prospectus or Statement of Additional Information of any series of the Trust or any provisions of the Act and the rules thereunder.

• The Co-Administrators shall at all times conform to: (i) all applicable provisions of the IC Act and any rules and regulations adopted thereunder, (ii) the provisions of the Registration Statement of the Trust under the Securities Act of 1933, as amended from time to time, (iii) the provisions of the Agreement and Declaration of Trust and the By-Laws of the Trust, and (iv) any other applicable provisions of state and federal law.

More Definitions of IC Act

IC Act means the U.S. Investment Company Act 1940 of the United States of America.

IC Act means the Intergovernmental Cooperation Act, 5 ILCS 220/1 et seq., as amended from time to time.

IC Act means the U.S. Investment Company Act 1940 and any modifications or re-enactments thereof. “Initial Subscription Price” Means the initial price at which the Notes will be issued, as defined in section 13.2. “International AccountingStandards Board” and/or “IASB” is an independent privately-funded accounting standard setter based in London,United Kingdom. “Investment and BorrowingRestrictions” means the investment and borrowing restrictions that Cell E will adopt in the pursuitof its Investment Objective as further detailed in this PPM. “Investment Objective” means Cell Es investment objective as further detailed in this PPM. “Issuer” Means Altarius Index PPC Limited, on behalf of Cell E – META “IT Act” means the Income Tax Act 2010 and any modifications or re-enactments thereof. “KYC” means “know your client” procedures in accordance with the Proceeds of Crime Act2015. “Management Fees” means the fees payable by Cell E to the Directors from time to time. “Material Contracts” means the contracts between PCC and the Director, and the PCC and the Secretary. “Memorandum” means the Memorandum of Association of the PCC, as may be amended from timeto time. “NAV per Note” Means the net asset value calculated per Note as per Section 17 “Net Asset Value” and/or “NAV” means the value of the Collateral Assets calculated in accordance with this PPM(Section 17). “Noteholder” means a holder of one or more Notes. “Notes” means the Notes issued by the Issuer. “Ordinary Shareholder” means Altarius Capital Limited, a company incorporated in Gibraltar, with registeredaddress at 2 Irish Town, Gibraltar, GX11 1AA and with registration number 114825. “Ordinary Shares” means the ordinary Shares of the PCC with a par value of US $ 0.01 each. TheOrdinary Shares carry an entitlement to vote at General Meetings of the PCC. “Participating E Shares” Means the redeemable preference shares of the PCC apportioned for the use of CellE and having a par value of US $ 0.01 “PCC Act” means the Protected Cell Companies Act 2001 and any modifications or re-enactments thereof.