Shell Fund definition

Shell Fund means AIM Disciplined Equity Fund, a separate series of Buyer.
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Shell Fund has no earnings or profits accumulated in any taxable year in which the provisions of Subchapter M of the Code did not apply to it.
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Examples of Shell Fund in a sentence

  • Any interest earned on funds deposited in the fund control account shall be added to the Building Shell Fund.

  • No consideration other than Shell Fund Shares (and Shell Fund's assumption of the Liabilities) will be given in exchange for the Assets of Selling Fund acquired by Shell Fund in connection with the Reorganization.

  • Shell Fund will satisfy the requirements of Part I of Subchapter M of the Code to maintain qualification as a regulated investment company for its current taxable year.

  • Seller may, but shall not be required to, make any contributions which Buyer fails to make, subject to immediate reimbursement by Buyer for the amount paid or Seller may halt construction if, at any time during the course of construction, the remaining balance of the Building Shell Fund is insufficient to pay the actual hard costs of construction expected to become due within the following thirty (30) days because of Buyer's failure to contribute the necessary funds.

  • Such records shall be prepared in accordance with the requirements for specific identification tax lot accounting and clearly reflect the bases used for determination of gain and loss realized on the sale of any security or other investment transferred to Shell Fund hereunder.

  • Shell Fund is in compliance in all material respects with all applicable laws, rules and regulations, including, without limitation, the Investment Company Act, the Securities Act, the Exchange Act and all applicable state securities laws.

  • Shell Fund is in compliance in all material respects with the applicable investment policies and restrictions set forth in the Buyer Registration Statement.

  • Redemption requests thereafter received by Selling Fund shall be deemed to be redemption requests for the Class Y shares of the Shell Fund Shares (assuming that the transactions contemplated by this Agreement have been consummated), to be distributed to Selling Fund Shareholders under this Agreement.

  • Finally, Seller acknowledges and agrees that the liabilities and obligations of Shell Fund pursuant to this Agreement shall be enforceable against the assets of Shell Fund only and not against the assets of Buyer generally or assets belonging to any other series of Buyer.

  • Upon delivery of such Assets, Shell Fund will receive good and marketable title to such Assets free and clear of all Liens.

Related to Shell Fund

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • General Partner Interest means a Partnership Interest held by the General Partner, in its capacity as general partner. A General Partner Interest may be expressed as a number of Partnership Units.

  • Feeder Fund A Limited Partner that is formed by the General Partner or its Affiliates to serve as a vehicle which will invest all or substantially all of its investable assets in the Partnership.

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • SLP means Silver Lake Management Company III, L.L.C., Silver Lake Management Company IV, L.L.C. and their respective affiliated management companies and investment vehicles.