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Nonfiduciary definition

Nonfiduciary means, with respect to a power of appointment, that the power of appointment is not held by a trustee in a fiduciary capacity.
Nonfiduciary means, with respect to a power of appointment, that the power is not held in a fiduciary capacity.16

Examples of Nonfiduciary in a sentence

  • Non-fiduciary fund investments can be made in securities issued by or unconditionally guaranteed by theU.

  • Non-fiduciary fund investments can be made in securities issued by or unconditionally guaranteed by the U.S. Govern- ment or agencies that have a maturity of one year or less from the date of pur- chase and repurchase agreements guaranteed by such securities with maturity dates of no more than 90 days from the date of purchase.

  • Non-fiduciary fund investments can be made in securities issued or unconditionally guar- anteed by the U.S. Government or agencies that have a maturity of one year or less from the date of purchase and repurchase agreements guaran- teed by such securities with maturity dates of no more than 90 days from date of purchase.

  • Non-fiduciary service providers, however, are making every effort to stay away from any situation that could be construed or misconstrued as a fiduciary action.

  • Non-fiduciary costs can also be substantial; for example, if certain proposals for reform are abandoned for fear of legal action.

  • The letter must bear the signatures of the faculty member's department chair and dean, indicating their approval as well as the VP for Research and the President.

  • Budgetary Entry N/A Proprietary Entry 240000 (N) Liability for Nonfiduciary Deposit Funds and Undeposited Collections 101000 (G) Fund Balance With Treasury 101000 (G) Fund Balance With Treasury 232000 (N) Other Deferred Revenue 500 500 500 500 3b.

  • Deference to a Nonfiduciary Soon after the Supreme Court decided Firestone, the issue arose in the Eleventh Circuit of whether courts should grant deferential treatment to a nonfiduciary administrator’s decision to deny benefits.

  • Humphreys, Com- ment, Assessing the Viability and Virtues of Respondeat Superior for Nonfiduciary Responsi- bility in ERISA Actions, 75 U.

  • Non-fiduciary fund investments can be made in securities issued by or unconditionally guaranteed by the U.S. Govern- ment or agencies that have a maturity of one year or less from the date of pur- chase and repurchase agreements guaranteed by such securities with maturity dates of no more than 90 days from the date of purchase.Investments for the Trust Funds consist of marketable securities, bonds, and short-term money market investments.

Related to Nonfiduciary

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Fiduciaries means professional firms such as auditors, accountancy firms, law firms, analysts, insolvency professional entities, consultants, banks etc., assisting or advising the Company.

  • Plan Fiduciary As defined in Section 5.3(o).

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Fiduciary has the meaning set forth in ERISA Section 3(21).

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Non-bank fiduciary or agent means a fiduciary or agent other than (a) a bank, as defined in Section 3(a)(2) of the Securities Act, or (b) a savings and loan association, as defined in Section 3(a)(5)(A) of the Securities Act.

  • Agent Professionals means attorneys, accountants, appraisers, auditors, business valuation experts, liquidation agents, collection agencies, auctioneers, environmental engineers or consultants, turnaround consultants, and other professionals and experts retained by Agent.

  • Delegates means those persons elected or appointed to vote in a representative assembly for the election of a director or directors or on other matters.

  • Delegate means any delegate, agent, attorney or co-trustee appointed by the Security Trustee.

  • Adviser/Subadviser means the Adviser or a Subadviser, if any, of the Fund or both as the context may require.

  • Costs directly related means expenditures that are incurred for acquisition, demolition, disposal, redevelopment, or rehabilitation of a project to the extent that they are attributable directly to the remediation or redevelopment of the property or its improvements. “Costs directly related” includes expenditures for site preparation work, surveying, construction materials, construction labor, architectural services, engineering services, building permits, building inspection fees, and interest accrued on a construction loan during the time period allowed for project completion under an agreement entered into pursuant to the program. “Costs directly related” does not include expenditures for furnishings, appliances, accounting services, legal services, loan origination and other financing costs, syndication fees and related costs, developer fees, or the costs associated with selling or renting the dwelling units whether incurred before or after completion of the housing project.

  • Expert Advisor means a mechanical online trading system designed to automate trading activities on an electronic trading platform such as the Company’s Trading Platform. It can be programmed to alert the Client of a trading opportunity and can also trade his Trading Account automatically managing all aspects of trading operations from sending orders directly to the Trading Platform to automatically adjusting stop loss, Trailing Stops and take profit levels.

  • Academic Misconduct means an act described in s. UWS 14.03.

  • Experts means, collectively, Key Experts, Non-Key Experts, or any other personnel of the Consultant, Sub-consultant or Joint Venture member(s).

  • Other Representatives the Syndication Agents, and the Lead Arrangers.

  • Delegatee means, with respect to an eNote, the party designated in the MERS eRegistry as the “Delegatee” or “Delegatee for Transfers”, who in such capacity is authorized by the Controller to perform certain MERS eRegistry transactions on behalf of the Controller such as Transfers of Control and Transfers of Control and Location.

  • Non-Administrator Coordinated Home Care Program means a Coordinated Home Care Program which does not have an agreement with the Claim Administrator or a Blue Cross Plan but has been certified as a home health agency in accordance with the guidelines established by Medicare.

  • Advisers means a party or parties furnishing services to the Trust pursuant to any investment advisory or investment management contract described in Article IV, Section 6(a) hereof;

  • Agents means, collectively, the Administrative Agent, the Syndication Agent and the Documentation Agent.

  • Professional Persons means all Persons retained by order of the Bankruptcy Court in connection with the Reorganization Cases, pursuant to sections 327, 328, 330 or 1103 of the Bankruptcy Code, excluding any ordinary course professionals retained pursuant to order of the Bankruptcy Court.

  • Consultants means employees and third party contractors which SAP utilizes to provide Services to Customer.

  • legal personal representative means the personal or other legal representative of the shareholder;

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

  • Observer means a person who is not enrolled in an Iowa medical school or osteopathic medical school, who observes care to patients in Iowa for a defined period of time and for a noncredit experience, and who is supervised and accompanied by an Iowa-licensed physician as defined in 9.2(3). An observer shall not provide or direct hands-on patient care, regardless of the observer’s level of training or supervision. The supervising physician may authorize an observer to read a chart, observe a patient interview or examination, or witness procedures, including surgery. An observer shall not chart; touch a patient as part of an examination; conduct an interview; order, prescribe or administer medications; make decisions that affect patient care; direct others in providing patient care; or conduct procedures, including surgery. Any of these activities requires licensure to practice in Iowa. An unlicensed physician observer or a medical student observer may touch a patient to verify a physical finding in the immediate presence of a physician but shall not conduct a more inclusive physical examination.

  • Adviser/Subadviser means the Adviser or a Subadviser, if any, of the Fund or both as the context may require.