Phoenix Preferred Client Account Program definition

Phoenix Preferred Client Account Program means the retained asset account program of the same name established by Phoenix for its Customers. Phoenix may, under the terms of this Agreement, make available one or more retained asset accounts to its Customers which utilize all or less than all banking and financial recordkeeping services made available hereunder, provided PFPC is aware of such variation and agreed in writing to provide such services. In any such latter case, the terms of this Agreement shall be read with separate reference to each such retained asset account program, as applicable.