ICON Funds definition

ICON Funds means and refers to the Trustees from time to time serving under the Master Trust Agreement of the Trust dated September 19, 1996, as amended from time to time. It is expressly agreed that obligations of the Trust hereunder shall not be binding upon any Trustee, Shareholder, nominees, officers, agents or employees of the Trust, personally, but bind only the assets and property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Trust and signed by an authorized officer of the Trust, acting as such, and neither such authorization nor such execution and delivery shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Trust.
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ICON Funds means, refers to and includes the Trustees from time to time serving under the Master Trust Agreement of the Trust dated September 19, 1996, as the same may subsequently thereto have been, or subsequently hereto be amended. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but bind only the assets and property of the Trust, as provided in the Master Trust Agreement of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees and shareholders of the Trust and signed by an authorized officer of the Trust, acting as such, and neither such authorization by such Trustees and shareholders not such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Trust as provided in the Master Trust Agreement.
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ICON Funds means and refers to the Trustees from time to time serving under the Trust's Agreement and Declaration of Trust as amended from time to time. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agent or employees of the Trust, personally, but bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Trust and signed by an officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust.
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Examples of ICON Funds in a sentence

  • Pre-clearance is NOT required for any transaction in the ICON Funds.

  • Use of conventional priority or exhibition (each priority) 50 15.

  • I further agree that ICON Funds will not be held accountable for any loss, liability, or expense for acting upon my instructions.

  • The termination request will be effective as soon as ICON Funds has had reasonable time to act upon it.

  • However, Access Persons are still required to report all transactions in the ICON Funds and abide by the 60 Day Rule (defined on page 11).

  • The 60 day hold period for the ICON Funds will only apply to transactions initiated by the employee.

  • It is understood that this authorization may be terminated by me at any time by written notification to ICON Funds.

  • Access Persons (except Outside Trustees and External Officers who do not require pre-clearance and Investment Personnel who require pre-clearance on all trades) must obtain pre-clearance, for any trade in a Covered Security that is greater than $5,000, prior to engaging in any personal transaction in Covered Securities, excluding the ICON Funds and transactions of less than 500 shares of any large cap security as defined by Standard & Poor’s.

  • ICON Funds will not be liable for acting upon instructions believed genuine and in accordance with the procedures described in the prospectus or the rules of the Automated ClearingHouse.

  • This application for the purchase of shares complies with the terms of the applicable agreement with ICON Distributors, Inc., and with the current ICON Funds prospectus.


More Definitions of ICON Funds

ICON Funds means and refers to the Trustees from time to time serving under the Master Trust Agreement of the Fund dated September 19, 1996, as the same may subsequently thereto have been, or subsequently hereto be, amended. It is expressly agreed that obligations of the Fund hereunder shall not be binding upon any Trustee, Shareholder, nominees, officers, agents or employees of the Fund, personally, but bind only the assets and property of the Fund, as provided in the Master Trust Agreement. The execution and delivery of this Agreement have been authorized by the Trustees and signed by an authorized officer of the Fund, acting as such, and neither such authorization nor such execution and delivery shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Fund as provided in the Master Trust Agreement. The Master Trust Agreement is on file with the Secretary of the Commonwealth of Massachusetts.
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ICON Funds. On behalf of Meridian Investment Management Corporation: By: /s/ Erik L. Jonson By: /x/ Xxxx X. Xxxson Title: Vice Presidexx & XXX Title: Secretary/Treasurer Date: February 7, 2001 Date: February 7, 2001 For Firstar Mutual Fund Services, LLC: By: James R. Tiegs Title: Assistant Vixx Xxxxxxxxx Xate: February 13, 2001 AMENDED SCHEDULE A FULFILLMENT SERVICING AGREEMENT
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ICON Funds means and refers to the Trustees from time to time serving under the Trust's Agreement and Declaration of Trust as the same may subsequently thereto have been, or subsequently hereto may be, amended. It is expressly agreed that the obligations of the Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agent or employees of the Trust, personally, but bind only the trust property of the Trust. The execution and delivery of this Agreement have been authorized by the Trustees of the Trust and signed by an officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the trust property of the Trust.
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Related to ICON Funds

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

  • own funds means the sum of Tier 1 capital and Tier 2 capital;

  • Levy reduction funds means increases in state funds from

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

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

  • 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.

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

  • 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.

  • Fresh Funds means funds that:

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

  • 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;

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • 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.

  • 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.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • 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.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • 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.

  • 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.

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

  • 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.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Pension Fund means any person that: