Institutional Account definition
Institutional Account means the account of: (1) a bank, savings and loan association, insurance company or registered investment company; (2) an investment adviser registered either with the SEC under Section 203 of the Investment Advisers Act or with a state securities commission (or any agency or office performing like functions); or (3) any other person (whether a natural person, corporation, partnership, trust or otherwise) with total assets of at least $50 million as of the date of execution of this Certificate whether such assets are invested for such person’s own account or under management for the account of others.
Institutional Account means the account of:
Institutional Account is defined in Section 6.1(b).
Examples of Institutional Account in a sentence
The provisions of this Agreement shall amend and restate and supersede any prior Institutional Account Agreement or Professional Account Agreement entered into by and between you and ▇▇ ▇▇▇▇▇▇.
Parties organized under the laws of the Cayman Islands hereby execute this Institutional Account Agreement as a deed.
Institutional Account Agreement, dated as of September 15, 2017, between Columbia Global Opportunities Fund, a series of Columbia Funds Series Trust II and J.▇.
Institutional Account Agreement, dated as of September 29, 2016, between Active Portfolios Multi-Manager Directional Alternatives Fund (now known as Multi-Manager Directional Alternative Strategies Fund), a series of Columbia Funds Series Trust I and J.▇.
Client is an Institutional Account as defined in FINRA Rule 4512(c) and is capable of evaluating investment risks independently, both in general and with regard to all transactions and investment strategies involving a security or securities and shall exercise such independent judgment in connection with the purchase or sale of any security or when engaging in any investment or financing strategy.
More Definitions of Institutional Account
Institutional Account means the account of: (a) a bank, savings and loan association, insurance company or registered investment company; (b) an investment adviser registered either with the U.S. Securities and Exchange Commission under Section 203 of the U.S. Investment Advisers Act of 1940, as amended, or with a state securities commission (or any agency or office performing like functions); or (c) any other person (whether an individual / natural person, corporation, partnership, trust or otherwise) with total assets of at least $5 million as of the date the subscriber executes this Subscription Agreement (whether such assets are invested for such person’s own account or under management for the account of others). Immediate Family Member” means (1) an employee’s spouse; (2) any of the following persons sharing the same household with the employee (which does not include temporary house guests): a person’s child, stepchild, grandchild, parent, stepparent, grandparent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, sister-in-law, legal guardian, adoptive relative, or domestic partner; (3) any person sharing the same household with the employee (which does not include temporary house guests) that holds an account in which the employee is a joint owner or listed as a beneficiary; or (4) any person sharing the same household with the employee in which the employee contributes to the maintenance of the household and material financial support of such person.
Institutional Account means any pension plan, including an ERISA qualified plan, for which TIM acts as investment adviser or investment company for which TIM acts as sub-adviser.
Institutional Account means the account of: (1) a bank, savings and loan association, insurance company or registered investment company; (2) an investment adviser registered either with the SEC under Section 203 of the Investment Advisers Act or with a state securities commission (or any agency or office performing like functions); or (3) any other person (whether a natural person, corporation, partnership, trust or otherwise) with total assets of at least $50 million as of the date of this Certificate (whether such assets are invested for such person’s own account or under management for the account of others). 4 “Family offices” that meet these criteria are not considered “retail customers” for the purposes of the SEC’s Regulation Best Interest and Form CRS under the Exchange Act, as amended.
Institutional Account means any person who comes within any of the below listed categories. The Shareholder has indicated, by marking and initialing the appropriate box below, the provision(s) below which apply to the Shareholder and under which the Shareholder accordingly qualifies as an “institutional account.” THE SHAREHOLDER is: ☐ a bank, savings and loan association, insurance company or registered investment company ☐ an investment adviser registered either with the Commission under Section 203 of the Investment Advisers Act or with a state securities commission (or any agency or office performing like functions); or ☐ any other person (whether a natural person, corporation, partnership, trust or otherwise) with total assets of at least $50 million. Rule 501(a), in relevant part, states that an “accredited investor” shall mean any person who comes within any of the below listed categories, or who SPAC or Kyivstar Group reasonably believes comes within any of the below listed categories, at the time of the sale of the securities to that person. Subscriber has indicated, by marking and initialing the appropriate box below, the provision(s) below that apply to Subscriber and under which Subscriber accordingly qualifies as an “accredited investor.” ☐ Any bank as defined in section 3(a)(2) of the Securities Act, or any savings and loan association or other institution as defined in section 3(a)(5)(A) of the Securities Act whether acting in its individual or fiduciary capacity; ☐ Any broker or dealer registered pursuant to section 15 of the Exchange Act; ☐ An investment adviser registered pursuant to section 203 of the Investment Advisers Act of 1940 or registered pursuant to the laws of a state; ☐ An investment adviser relying on the exemption from registering with the Securities and Exchange Commission under section 203(l) or (m) of the Investment Advisers Act of 1940; ☐ Any insurance company as defined in section 2(a)(13) of the Securities Act; ☐ Any investment company registered under the Investment Company Act of 1940 or a business development company as defined in section 2(a)(48) of the Securities Act; ☐ Any Small Business Investment Company licensed by the U.S. Small Business Administration under section 301(c) or (d) of the Small Business Investment Act of 1958; ☐ A Rural Business Investment Company as defined in section 384A of the Consolidated Farm and Rural Development Act; ☐ Any plan established and maintained by a state, its political subdivisions, or any agency o...
Institutional Account means the account of: (1) a bank, savings and loan association, insurance company or registered investment company; (2) an investment adviser registered either with the SEC under Section 203 of the Investment Advisers Act or with a state securities commission (or any agency or office performing like functions); or (3) any other person (whether a natural person, corporation, partnership, trust or otherwise) with total assets of at least $50 million as of the date hereof (whether such assets are invested for such person’s own account or under management for the account of others). unless subsequently registered under the 1933 Act and applicable state securities laws or an exemption from such registration is available. The undersigned further understands and agrees that the Trust is under no obligation to register such Shares and that any exemptions are extremely limited.
Institutional Account as defined in the Financial Industry Regulatory Authority (“FINRA”) Rule 4512(c), and (C) by reason of its business and financial experience it has such knowledge, sophistication and experience in making similar investments in private equity transactions and in business and financial matters generally so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Units, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment. Such Purchaser represents that it has determined based on its own independent review and such professional advice as it deems appropriate that its purchase of the Purchased Units and participation in the transactions set forth hereunder (i) are fully consistent with its financial needs, objectives and condition, (ii) comply and are fully consistent with all investment policies, guidelines and other restrictions applicable to such Purchaser and (iii) are a fit, proper and suitable investment for such Purchaser, notwithstanding the substantial risks inherent in investing or holding the Purchased Units.
Institutional Account means the account of: (1) a bank, savings and loan association, insurance company or registered investment company; (2) an investment adviser registered either with the SEC under section 203 of the Investment Advisers Act or with a state securities commission (or any agency or office performing like functions); or (3) any other person (whether a natural person, corporation, partnership, trust or otherwise) with total assets of at least U .S.$50 million as of the date of the signing of this Subscription Agreement (whether such assets are invested for such person's own account or under management for the account of others). (B2) INVESTOR PROFILE QUESTIONNAIRE (pursuant to FINRA Rule 2111i4 Please complete the following questions for the Subscriber.