Maintenance trade definition

Maintenance trade means a regular, day-to-day transaction in a security currently in a Nuveen Subsidiary’s model portfolio (or an alternative for such security) made for a new client account or pursuant to the deposit or withdrawal of money from an existing client account or a trade that is directed by a client account. A maintenance trade also includes the sale of existing securities from a new client account for the purpose of acquiring securities currently in a Nuveen Subsidiary’s model portfolio (or an alternative for such securities). A maintenance trade relates solely to rebalancing an existing client account or investing a new client account in a passive manner to track a model portfolio and is deemed not to involve the exercise of investment discretion.
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Maintenance trade means a trade that is part of client-specific or client-directed account activity. Such trades include, but are not necessarily limited to, orders related to new account investing, capital additions or withdrawals by clients, account liquidations, or tax loss trading. Note: Orders executed as part of a portfolio management decision for an entire investment strategy (or across several strategies) are NOT Maintenance Trades.
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Examples of Maintenance trade in a sentence

  • Must be or have been classified as an Aircraft, Avionics, or Sheetmetal Mechanic, be a graduate of an Aircraft Maintenance Trade School, or equivalent experience outside the Company in an Aircraft Maintenance trade.

  • This will be an Maintenance trade crew with four (4) or more employees in their crew.

  • Foremenwho possessa valid Housing Maintenance Journeyman Trades Certificate will be paid in accordance with the rates provided Schedule Foremen, who are apprenticing in the Housing Maintenance Serviceman Trade be as follows: Year of level level Year of Year of Foremenwho possess a valid Journeyman Trades Certificate, in a trade other than the Housing Maintenance trade, will receive and above their designated trade, an additional per year for each full-time employee he supervises.

  • An employee as Maintenance who applies for a Maintenance trade position must have a valid Ontario certificate of qualification.

  • Maintenance trade or craft jobs will be paid one hundred (100%) of the rate of the job to which they are assigned.

Related to Maintenance trade

  • Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

  • Maintenance Adder means an adder that may be included to account for variable operation and maintenance expenses in a Market Seller’s Fuel Cost Policy. The Maintenance Adder is calculated in accordance with the applicable provisions of PJM Manual 15, and may only include expenses incurred as a result of electric production.

  • Maintenance Program means LESSEE's maintenance program as approved by the Aviation Authority or such other maintenance program as LESSOR may, in its discretion, accept in writing.

  • Planned Maintenance means any Maintenance BT has planned to do in advance.

  • Maintenance work means the repair of existing facilities when the size, type or extent of such facilities is not thereby changed or increased. While “maintenance” includes painting and decorating and is covered under the law, it does not include work such as routine landscape maintenance or janitorial services.