Program Distributor definition

Program Distributor means BlackRock Investments, LLC or any successor distributor of Units of the Portfolios of the Program. The term “Program Manager” means Sumday Administration, LLC or any successor program manager appointed by FAME. The term “Investment Manager” means BlackRock Advisors, LLC or any successor investment manager appointed by FAME. The term “Recordkeeping Agent” means ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated or any successor recordkeeping agent appointed with FAME’s consent. The term “Act” means Chapter 417-E of Title 20-A of the Maine Revised Statutes Annotated of 1964, as amended. The term “Rule” means Chapter 611 of the Rules of FAME, as amended from time to time. Other capitalized terms used but not defined in this Participation Agreement shall have the same meaning as in the NextGen 529 Client Direct Series Program Description, as amended from time to time (the “Program Description”). Unless the context otherwise requires, the term “Agreement” shall include the Program Description, to the extent not inconsistent with this Participation Agreement.
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Examples of Program Distributor in a sentence

  • Each series may be offered through additional or different distribution channels, as determined by FAME and the Program Distributor.

  • None of FAME, the Program, the Program Distributor, the Investment Manager or the Program Manager guarantee the principal, accumulated interest or the future interest rate.

  • A Participant whose Accounts are established as a result of an offer by FAME will be considered a broker-dealer customer of the Program Distributor to the extent required by law.

  • As an adjunct to the Atossa's Compliance Program, Distributor will also provide consultation on the implementation of mechanisms to ensure the medical necessity and appropriateness of all testing, including without limitation Distributor Customer in-service and education.

  • The Program Manager, Program Distributor, Investment Manager and FAME do not currently charge any fees for the NextGen Savings Portfolio, but reserve the right to charge such fees in the future.

  • Each party will bear its own costs in connection with the Services Provided in Section 4 and the exploitation of the UV-DC Fulfillment Rights, subject to the following: For each Included Program for which Distributor has already paid Servicing Fees in accordance with Section 9.2 of the Agreement (i.e., with respect to non-UV exploitation of such Included Program), Distributor shall not be obligated to pay additional Servicing Fees if such Included Program becomes a UV Title.

  • Under certain circumstances, none of FAME, the Program Distributor or the Program Manager are required to continue the Program.

  • An investment in the Cash Allocation Account is not insured or guaranteed by any government agency, the Program Distributor, the Investment Manager, the Program Manager or FAME and involves credit and interest rate risks.

  • A new Program Manager, Program Distributor and/or Investment Manager may be appointed either upon expiration of the current term of the Program Services Agreement or earlier in the event Sumday, BlackRock Investments, LLC, BlackRock Advisors, LLC or FAME terminates the Program Services Agreement prior to its current term.

  • Whole or fractional Units in your Account may be liquidated to pay any fees, expenses or liabilities owed to the Investment Manager, Program Distributor or FAME.