Intermediary definition

Intermediary means “a person who actively participates in the facilitation of the contract or negotiating the contract, including a broker, adviser, attorney, or representative of or agent for the business entity who:
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Intermediary means a “financial institution” as defined in SEC Rule 22c-2.
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Intermediary means a person who:
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Examples of Intermediary in a sentence

  • Financial Intermediary also expressly acknowledges and agrees that, in the event one or more of its customers cancel their order for Shares after confirmation, such Shares may not be repurchased, remarketed or otherwise disposed of by or through JPMII.

  • Financial Intermediary expressly acknowledges and agrees that Shares will not be repurchased by either the Fund (other than through Repurchase Offers, or other tender offers from time to time, if any) or JPMII, and that no secondary market for the Shares exists currently or is expected to develop, and therefore that the Shares have very limited liquidity and are appropriate only as a long-term investment.

  • Financial Intermediary agrees to cooperate with JPMII to satisfy JPMII’s AML due diligence policies, which may include annual AML compliance certifications, periodic AML due diligence reviews and/or other requests deemed necessary to ensure its compliance with the AML regulations.

  • Neither JPMII nor Financial Intermediary shall be liable for special, consequential or incidental damages.

  • Financial Intermediary acknowledges that the Fund has adopted, pursuant to Rule 23c-3 under the Investment Company Act, a fundamental policy, which cannot be changed without shareholder approval, requiring the Fund to offer to repurchase at least 5% and up to 25% of its Shares at net asset value on a quarterly basis (“Repurchase Offers”).


More Definitions of Intermediary

Intermediary means OpenDeal Portal LLC, a registered securities crowdfunding portal CRD#283874, or a qualified successor.
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Intermediary for purposes of this rule, means a person:
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Intermediary means a person who: (i) carries on a business which consists of, or includes, the receipt of payments from an investment undertaking on behalf of other persons; or (ii) holds Participating Shares in an investment undertaking on behalf of other persons;
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Intermediary means a broker, an agent or any other person, by whatever name called, who arranges or facilitates the supply of goods or services or both, or securities, between two or more persons, but does not include a person who supplies such goods or services or both or securities on his own account;
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Intermediary means any entity that in the ordinary course of its business maintains securities accounts for others and is acting in that capacity.
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Intermediary means an insurance company separate account.
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Intermediary. ’ means a person through whom an interest is acquired, and includes—
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