Permitted Fund definition

Permitted Fund means, in respect of an investment by a Portfolio, an investment in a UCITS, a Permitted Alternative Fund, a Permitted Fund managed by the Investment Adviser or other UCI or such other eligible or permitted fund as may be allowed under the Law of 17 December 2010;
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Permitted Fund any money market fund that qualifies as an investment company under the Investment Company Act of 1940 and (i) invests solely in securities issued or guaranteed as to principal and interest by the U.S. government and (ii) continues to be rated AAAm by S&P and Aaa-mf by Moody's.
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Permitted Fund means (I) any successor Entity to an existing Foundation Fund or (II) any other Entity with an investment program all of which is within the same or a substantially related strategy as an existing Foundation Fund or a subset of an existing Foundation Fund.
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Examples of Permitted Fund in a sentence

  • The Portfolio may invest up to 10% of its net assets in Permitted Funds to the extent that such investment is consistent with its investment policy and restrictions and may not invest in Permitted Funds that allow leverage, as this may result in losses exceeding the Net Asset Valuation (NAV) of the portfolio of the Permitted Fund.

  • However, such Goldman Sachs Permitted Funds and their investment advisers will be entitled to charge fees and expenses at the level of such Goldman Sachs Permitted Funds in accordance with the offering documents of the relevant Goldman Sachs Permitted Fund.

  • There is no assurance that an investment in any Permitted Fund may be successful and a Portfolio may lose all or part of the total amount invested.

  • Where the Board of Directors believes such investment provides access to a specialised investment area or economic sector which a Portfolio would not necessarily be able to access on its own accord, such Permitted Fund and/or its investment adviser will be entitled to remuneration in accordance with the offering documents of the Permitted Fund in which the Portfolio invests.

  • In addition, in respect of certain closed-ended Permitted Funds, the price of such unit or share may diverge from its net asset value for prolonged periods of time.Reliance on service providers: Shareholders will have no right or power to participate in the day to day management or control of a Permitted Fund or its investment adviser or other service providers which the Permitted Fund relies on.

  • These ESG characteristics are met by investing in Permitted Funds that seek to limit the Portfolio's exposure to companies that generate significant revenues from the aforementioned activities, and/or which make investments based on the ESG themes promoted by the Permitted Fund.

  • In furtherance of the foregoing, the Employee agrees that during the Term and following the termination of this Agreement, except for the disclosures permitted in Sections 6 and 7 above in connection with the marketing of a Permitted Fund, the sole and only disclosure or statement he will make about or concerning any or all of the Employer, High River, Mr. Icahn, his family members, or any of the respective Affiliates of any of the foregoing, is to acknowledge that he is or was employed with Employer.

  • The investment policies of these Portfolios will be updated to provide additional clarification in relation to the fact that the Portfolios may not invest in Permitted Funds that allow leverage, as this may result in losses exceeding the Net Asset Valuation (NAV) of the portfolio of the Permitted Fund.

  • The sum of U.S. $1,630,000,000 to be used for the Funded Class Benefits and the Additional Permitted Fund Uses as described in this Article III (such amount being the “Settlement Fund Amount”).

  • Reliance on service providers: Shareholders will have no right or power to participate in the day to day management or control of an underlying Permitted Fund or its investment manager or other service providers which the Permitted Fund relies on.


More Definitions of Permitted Fund

Permitted Fund has the meaning given to it in Schedule 1;
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Permitted Fund means the private fund assets specified in Exhibit E (Investment Guidelines and Portfolio Requirements) that are credited to the Custody Account from time to time. For the avoidance of doubt, a Permitted Fund will not be credited toward the Adjusted Net Asset Value unless and until the Permitted Fund has issued a contract note or similar confirmation to the Custodian evidencing the registration of the pledged Permitted Fund interests in the name of the Custodian for the benefit of the Issuer, and the Custodian has provided a statement to the Secured Party showing the pledged Permitted Fund interests as held in the Custody Account.
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Permitted Fund must satisfy all of the following criteria, as determined by the Calculation Agent from time to time:
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Permitted Fund. (a) money market mutual funds whose investment -------------- criteria limits them to (i) U.S. Government Treasury obligations, and (ii) repurchase agreements collateralized by U.S. Government Treasury obligations, provided that such agreements are entered into with government securities dealers whose parents have a minimum credit rating of A1 or better or P1 by Standard & Poor's Ratings Services, a Division of The XxXxxx-Xxxx Companies, Inc. ("S&P"), or Xxxxx'x Investors Services, Inc. ("MOODY'S"), respectively, and (b) money market mutual funds rated AAAm by Standard S&P.
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Permitted Fund means an investment fund or investment entity whose general partner (or, in the case of a limited liability company, the general manager) is (i) an Apollo Person, (ii) an Affiliate of an Apollo Person, or (iii) an officer, director, general partner or manager of an Apollo Person or an Affiliate of an Apollo Person.
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Related to Permitted Fund

  • Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. Restricted fund does not include a fund over which the owner has complete control. The owner is deemed to have complete control over a fund that is to be used for general operating or building purposes.

  • Related Fund means, with respect to any Lender that is an investment fund, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • excepted fund means any: (1) money market fund; (2) fund that issues securities that are listed on a national exchange; and (3) fund that affirmatively permits short-term trading of its securities, if its prospectus clearly and prominently discloses that the fund permits short-term trading of its securities and that such trading may result in additional costs for the fund.

  • Regulated Funds means the Existing Regulated Fund, the Future Regulated Funds and the BDC Downstream Funds.

  • Related Funds means with respect to any Lender that is an Approved Fund, any other Approved Fund that is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Affiliated Fund means with respect to any Investors, each corporation, trust, limited liability company, general or limited partnership or other entity under common control with that Investor (including any such entity with the same general partner or principal investment advisor as that Investor or with a general partner or principal investment advisor that is an Affiliate of the general partner or principal investment advisor of that Investor).

  • Affiliated Funds are any fund of Xxxx Xxxxxxx Trust (“JHVIT”), Xxxx Xxxxxxx Funds II (“JHF II”) or Xxxx Xxxxxxx Funds III (“JHF III”), excluding the following funds of JHVIT: the Money Market Trust B, 500 Index Trust B, International Equity Index Trust B and Total Bond Market Trust B.

  • Permitted Fund Manager means any Person that on the date of determination is (i) one of the entities on Exhibit C attached hereto and made a part hereof or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (ii) investing through a fund with committed capital of at least $250,000,000 and (iii) not subject to a proceeding relating to the bankruptcy, insolvency, reorganization or relief of debtors.

  • Permitted Investor means collectively, Energy Capital Partners III, LP, Energy Capital Partners III-A, LP, Energy Capital Partners III-B, LP, Energy Capital Partners III-C, LP and Energy Capital Partners-D, LP, Quantum Strategic Partners, and each of their Permitted Transferees (as defined in the Investors Agreement, dated as of March 29, 2018, by and among the Parent and the other signatories thereto).

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Consolidated Fund means the Consolidated Fund established by this Constitution;

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Provider means a provider of any Services commissioned under the arrangements set out in this Agreement.

  • Permitted Affiliate means with respect to any Person (a) any Person that directly or indirectly controls such Person, and (b) any Person which is controlled by or is under common control with such controlling Person. As used in this definition, the term “control” of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Permitted Group means any group of investors that is deemed to be a “person” (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.

  • Permitted Debt means any Financial Indebtedness:

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Permitted Investors the collective reference to the Sponsor and its Control Investment Affiliates.

  • Approved Fund means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender.

  • Segregated funds means the amount of benefits that would

  • Managed Fund means those Funds, individually and collectively, for which the Portfolio Manager makes buy and sell decisions.

  • Permitted Joint Venture Investment means, with respect to any specified Person, Investments in any other Person engaged in a Permitted Business of which at least 40% of the outstanding Capital Stock of such other Person is at the time owned directly or indirectly by the specified Person.

  • Permitted Joint Ventures means one or more joint ventures formed (a) by the contribution of some or all of the assets of the Company’s or a Permitted Affiliate Parent’s business solutions division pursuant to a Business Division Transaction to a joint venture formed by the Company, a Permitted Affiliate Parent or any of the Restricted Subsidiaries with one or more joint venturers and/or (b) for the purposes of network and/or infrastructure sharing with one or more joint venturers.

  • Permitted Entity means with respect to a Qualified Stockholder (a) a Permitted Trust (as defined below) solely for the benefit of (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder, or (b) any general partnership, limited partnership, limited liability company, corporation or other entity exclusively owned by (i) such Qualified Stockholder, (ii) one or more Family Members of such Qualified Stockholder and/or (iii) any other Permitted Entity of such Qualified Stockholder.

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).