`Preferred Client definition

`Preferred Client means (a) any person or entity that is a member of the `DB Group,' i.e., Deutsche Bank AG and its affiliates, or a client of any member of the DB Group, for which the Subadviser begins to provide passive equity, passive fixed income or enhanced equity investment management services after January 31, 2003 and (b) any person who receives passive equity, passive fixed income or enhanced equity investment management services from the Subadviser pursuant to a subadvisory agreement substantially similar to this Agreement and to which a member of the DB Group is a party; provided that `Preferred Client' shall not include a client of the DB Group (except a person or entity to the extent a party to, or otherwise covered by, a subadvisory agreement of the type described in clause (b)) whose annualized revenues are included in the purchase price paid by the Subadviser to Deutsche Bank AG in accordance with the Amended and Restated Sale and Purchase Agreement dated as of January 31, 2003.

Examples of `Preferred Client in a sentence

  • Phoenix agrees to include in the Phoenix Preferred Client Account Documentation appropriate disclosures regarding PFPC’s monitoring of Customers’ telephone conversations and electronic communications.

  • Phoenix will, at no cost to PFPC, design, print, and distribute the Phoenix Preferred Client Account Documentation.

  • This Agreement states the entire agreement between the Parties with respect to the Phoenix Preferred Client Program, and all prior or contemporaneous written or oral agreements and understandings are merged herein and superseded hereby.

  • Phoenix will not amend the Phoenix Preferred Client Account Documentation in any respect that affects PFPC’s or its Agent’s rights and duties hereunder or PFPC’s services rendered hereunder, without first obtaining PFPC’s written consent to such amendment, such consent not to be unreasonably withheld or delayed.

  • The fees for providing the event planning services summarized above for the 2004 event year will be (i) $88,000 annually or $7,333 per month for the annual franchisee convention and (ii) $5,000 annually or $417 per month for the Preferred Client Group event.

  • The Phoenix Preferred Client Account Documentation, among other things, explains to Customers that Phoenix will arrange to have payment made with respect to Customers’ Transactions, and that Phoenix debits Customers’ Phoenix Preferred Client Account in payment of such Transactions.

  • Phoenix will deliver to PFPC copies of the Phoenix Preferred Client Account Documentation and any other publicly distributed forms, notices, advertising, or promotional materials relating to the Phoenix Preferred Client.

  • Phoenix will obtain PFPC’s prior written consent before using PFPC’s or Agent’s name in the Phoenix Preferred Client Account Documentation and other publicly distributed forms, notices, advertising, or promotional materials, such consent not to be unreasonably withheld or delayed.

  • The parties intend that there be no intended or incidental third party beneficiaries of this Agreement, and that the relationship between Phoenix and Customers be governed solely by the terms of the Phoenix Preferred Client Account Documentation.

  • A Customer’s privilege to engage in Transactions will be canceled effective with termination of the Customer’s Phoenix Preferred Client Account or of this Agreement.

Related to `Preferred Client

  • Preferred claim means a claim with respect to which the terms of this chapter accord priority of payment from the general assets of the insurer.

  • Investment Client means (i) any investment company registered as such under the Investment Company Act, any series thereof, or any component of such series for which the Adviser acts as investment adviser; or (ii) any private account for which the Adviser acts as investment adviser.

  • Preferred Equity as applied to the Equity Interests of any Person, means Equity Interests of such Person of any class or classes (however designated) that ranks prior, as to the payment of dividends or as to the distribution of assets upon any voluntary or involuntary liquidation, dissolution or winding up of such Person, to any shares (or other interests) of other Equity Interests of such Person, and shall include, without limitation, cumulative preferred, non-cumulative preferred, participating preferred and convertible preferred Equity Interests.

  • Preferred Proponent(s) means the Proponent(s) selected by the Evaluation Team to enter into negotiations for a Contract;

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.