Restricted Fund definition

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.
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Restricted Fund means those funds the principal
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Restricted Fund means those funds the principal and/or
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Examples of Restricted Fund in a sentence

  • A threshold is applied to the total Accumulation Value of each Restricted Fund.

  • Allocations from a Restricted Fund will be allowed even if the amount remaining in the Restricted Fund after an allocation exceeds the Allocation Threshold.

  • Thresholds may be changed by the Company for new premiums, transfers or withdrawals by Restricted Fund upon 30 day notice.

  • Should the effect of such withdrawals cause a Restricted Fund to exceed its threshold, the divisions from which the withdrawals are processed may be adjusted to assure that the percentage of Accumulation Value in the Restricted Funds does not increase.

  • Should a request for allocation to a Restricted Fund exceed the limit in effect for that division or for the Contract, any excess over that amount shall be allocated prorata to any non-Restricted Fund(s) in which the Contract is then invested.


More Definitions of Restricted Fund

Restricted Fund means those funds the principal and/or income of which is limited by agreement with or direction of the donor to a specific purpose.
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Restricted Fund means the fund a state or county political party must establish under division (A)(1) of section 3517.1012 of the Revised Code.
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Restricted Fund means any Fund or private fund that the Gemini Companies act as the principal underwriter, distributor, fund accountant, or fund administrator for or provide compliance services to (these Funds are flagged in the Schwab CT system).
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Restricted Fund means monetary sanctions received by the Corporation. “Rules” means the Rules made pursuant to Section 14.1.
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Restricted Fund means any Fund or private fund that NorthStar or an Affiliated Company acts as the investment adviser, principal underwriter, fund accountant, or fund underwriter for the Fund or provides compliance services to the Fund (these Funds are flagged in the Schwab CT system).
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Restricted Fund means fine and settlement monies received by IIROC.
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Restricted Fund means those funds in which either the principal ((and/or)) or income ((of which)), or both, is limited by agreement with or direction of the donor to a specific purpose.
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