Initial Corpus definition
Initial Corpus means the value of the funds and the value of readily realizable securities brought in by the client at the time of registering as a client with the Portfolio Manager and accepted by the Portfolio Manager.
Initial Corpus means the value of the funds and / or the market value of securities brought in by the Client at the time of subscribing to Portfolio Management Services.
Initial Corpus means the value of the Funds and the market value of Securities brought in by the Client and accepted by the Portfolio Manager at the time of entering into an agreement with the Portfolio Manager to avail its portfolio management services.
Examples of Initial Corpus in a sentence
The Client shall place with the Portfolio Manager, an Initial Corpus comprising of cash (Funds) and/ or securities of total value (in the format specified in Schedule ‘A’ to this Agreement), which shall not be less than the minimum acceptable portfolio value as may be defined by the Portfolio Manager from time to time.
More Definitions of Initial Corpus
Initial Corpus means the value of the Funds and the market value of readily realizable Securities brought in by the Client at the time of commencing of his relationship as a Client with the Portfolio Manager and accepted by the Portfolio Manager. The Securities brought in by the Client in the form of Securities shall be taken at the last available closing price on the day of transfer of Securities in the Depository Account. The Portfolio Manager shall not accept from client, funds or securities worth less than fifty lakhs rupees.
Initial Corpus means the value of the funds and the market value of securities brought in by the client and accepted by the Portfolio Manager at the time of registering with the Portfolio Manager for the portfolio management services. The Initial corpus brought in by the Client in the form of securities shall be valued at the closing market price of such securities, prevailing on recognised stock exchange [NSE/ BSE (only if security is not listed on NSE)] on the previous working date of activation of client’s portfolio management account by the Portfolio Manager or of the previous working day of the transfer of such securities from client’s account to the Depository account whichever is later. The Portfolio Manager shall not accept from the client, funds or securities worth less than Twenty five lakh rupees.
Initial Corpus means the value of the funds and the value of readily realizable investments brought in by the client at the
Initial Corpus means the value of the funds and/ or the market value of securities brought in by the client at the time of registering as a client with the Portfolio Manager and accepted by the Portfolio Manager. Securities so bought in by clients will be values as per valuation policy of Portfolio Manager at the closing price of immediately preceding working day of the date of activating the client’s account.
Initial Corpus means the sum total of the cash and the market value or realizable securities which the client shall set aside at the time of registering as a client with the Portfolio Manager on which the Portfolio Manager shall offer portfolio management services.
Initial Corpus means the value of the funds and the market value of securities brought in by the client and accepted by the Portfolio Manager at the time of registering with the Portfolio Manager for the portfolio management services. The Initial corpus brought in by the Client in the form of securities shall be valued in the manner as agreed by the Portfolio Manager and Clients.
Initial Corpus means the value of the Funds brought in by the Client at the time of registering him as a Client with the Portfolio Manager and acceptance of the same by the Portfolio Manager. The Portfolio Manager in its sole discretion may accept such proportion of the total capital commitment as the Initial corpus as agreed between the client and the Portfolio manager subject to the same not being less than Rupees Fifty Lakhs.