Segregated funds definition

Segregated funds means the amount of benefits that would
Segregated funds shall have the meaning as set out in clause 6.1.
Segregated funds means the amount of benefits that would currently be payable to an alternate payee pursuant to a domestic relations order under review by the system, or a domestic relations order submitted to the system that failed to qualify as a plan approved domestic relations order, if the domestic relations order were determined to be a plan approved domestic relations order.

Examples of Segregated funds in a sentence

  • Segregated funds forming part of the Property will be held in nominee name.

  • Segregated funds liabilities are measured based on the value of the segregated funds net assets.

  • Segregated funds are similar to variable annuities, except that they include a capital protection guarantee for mortality and maturity benefits (guaranteed minimum accumulation benefits).

  • Segregated funds net liabilities are measured based on the value of the segregated funds net assets.

  • Segregated funds represent funds maintained in accounts to meet specific investment objectives of policyholders who bear the investment risk.


More Definitions of Segregated funds

Segregated funds means money, se- curities, or other property held by a fu- tures commission merchant in separate accounts pursuant to § 1.20 for futures customers, pursuant to § 22.2 of this chapter for Cleared Swaps Customers, and pursuant to § 30.7 of this chapter for 30.7 customers.
Segregated funds means, with respect to each ACS Group Lease, (a) all security deposits provided for under such ACS Group Lease that have been received from the relevant Lessee or pursuant to the relevant ACS Group Purchase Agreement with respect to such ACS Group Lease, (b) any security deposit pledged to the relevant Lessee by an ACS Group Member and (c) all other funds, including any Maintenance Reserves, received from the relevant Lessee or pursuant to the relevant ACS Group Purchase Agreement with respect to such ACS Group Lease and in each case of clause (a), (b) and (c) not permitted, pursuant to the terms of such ACS Group Lease, to be commingled with the funds of the ACS Group.
Segregated funds means, with respect to each Lease, (a) all Security Deposits provided for under such Lease that have been received from the relevant Lessee or pursuant to the relevant Acquisition Agreement with respect to such Lease, (b) any security deposit pledged to the relevant Lessee by an Issuer Group Member and (c) all other funds, including any Usage Fee payments, received from the relevant Lessee or pursuant to the relevant Acquisition Agreement with respect to such Lease and in each case of clause (a), (b) and (c) not permitted, pursuant to the terms of such Lease, to be commingled with the funds of the Issuer Group.
Segregated funds means funds deposited by customers relating to futures and option contracts in regulated commodities which funds must be carried in separate accounts which are designated as segregated customers’ accounts and funds held in separate accounts for the exclusive benefit of securities clients and proprietary accounts of broker-dealers. The deposits in these segregated accounts are not commingled with the funds of the Borrower or its Subsidiaries.
Segregated funds has the meaning set forth in the defined term Other Refinancing Condition.
Segregated funds means cash and Cash Equivalents of the Corporation and/or its Subsidiaries which (i) are specifically designated by the Corporation for use solely to repay Defeased Debt pursuant to an officer’s certificate from an Authorized Officer of the Corporation delivered to the Administrative Agent and identifying the initial amount of the cash and Cash Equivalents to be so designated as “Segregated Funds” and (ii) if cash, are at all times held in one or more segregated accounts or trusts (and are not commingled with any other funds of the Corporation or its Subsidiaries) until utilized to repay in full the respective Defeased Debt for which such funds were so designated.