Subscriptions/Redemptions Account definition
Subscriptions/Redemptions Account means the account in the name of the Company through which
Subscriptions/Redemptions Account means a singular cash account designated in a particular
Subscriptions/Redemptions Account means the account in the name of the Company through which subscription monies and redemption proceeds and
Examples of Subscriptions/Redemptions Account in a sentence
In respect of any claim by an investor in relation to monies held in the Subscriptions/Redemptions Account, the investor shall rank as an unsecured creditor of the Company.
Upon receipt into the Subscriptions/Redemptions Account, subscription monies will become the property of the relevant Fund and accordingly an investor will be treated as a general creditor of the relevant Fund during the period between receipt of subscription monies into the Subscriptions/Redemptions Account and the issue of Shares.
There is a risk for investors to the extent that monies are held by the Company in the Subscriptions/Redemptions Account for the account of a Fund at a point where such Fund (or another Fund of the Company) becomes insolvent.
Monies in the Subscriptions/Redemptions Account are deemed assets of the respective Funds and shall not have the protection of the Investor Money Regulations.
Investors should note that any redemption proceeds being paid out by a Fund and held for any time in the Subscriptions/Redemptions Account shall remain an asset of the relevant Fund until such time as the proceeds are released to the investor.
More Definitions of Subscriptions/Redemptions Account
Subscriptions/Redemptions Account means the account in the name of the Company through which subscription monies and redemption proceeds and dividend income (if any) for each Fund are channelled, the details of which are specified in the Application Form;
Subscriptions/Redemptions Account means the account in the name of the Company through which subscription monies and redemption proceeds and dividend income (if any) for each Fund are channelled, the details of which are specified in the Application Form.
Subscriptions/Redemptions Account means the account in the name of the relevant Fund through which subscription monies, redemption proceeds and dividend income (if any) for that Fund are channelled, the details of which are specified in the Application Form; "Supplement" means any supplement to the Prospectus issued on behalf of the Company in respect of a particular Fund from time to time; "TCA" means the Taxes Consolidation Act 1997, as amended; "Total Return Swap" means an OTC derivative (and a transaction within the scope of SFTR) whereby the total economic performance of a reference obligation is transferred from one counterparty to another counterparty; "transferable securities" means:
Subscriptions/Redemptions Account means the account in the name of the relevant Fund
Subscriptions/Redemptions Account means the account in the name of the ICAV through which subscription monies and redemption proceeds and dividend income (if any) for each Fund are channelled, the details of which are specified in the Application Form; "Supplement" means any supplement to the Prospectus issued on behalf of the ICAV specifying certain information in relation to a Fund and/or one or more Classes from time to time, noting that any such supplement may be issued with an SFDR Annex or addendum containing supplemental information on the relevant Fund or Class; "Sustainable Investment" means an investment in an economic activity that contributes to an environmental objective, as measured by key resource efficiency indicators on (i) the use of energy,(ii) renewable energy, (iii) raw materials, (iv) water and land, (v) the production of waste, (vi) greenhouse gas emissions, or (vii) its impact on biodiversity and the circular economy, or an investment in an economic activity that contributes to a social objective (in particular an investment that contributes to tackling inequality or that fosters social cohesion, social integration and labour relations), or an investment in human capital or economically or socially disadvantaged communities, provided that such investments do not significantly harm any of those objectives and that the investee companies follow good governance practices;
Subscriptions/Redemptions Account means the account in the name of the Company through which subscription monies and redemption proceeds and dividend income (if any) for each Fund are channelled, the details of which are specified in the relevant application form; "Supplement" any supplement to the Prospectus issued by the Company in connection with a Fund from time to time in accordance with the requirements of the Central Bank; "Supranational Organisation" an entity established or financially supported by the national governments of one or more countries to promote reconstruction or development. Examples of Supranational Organisations include, among others, the International Bank for Reconstruction and Development (more commonly known as The World Bank), the European Economic Community, the European Investment Bank, the Inter-American Development Bank and the Asian Development Bank; "TCA" the Taxes Consolidation Act, 1997, as amended; "Trade Cut-Off Time" in relation to any application for subscription, redemption or exchange of Shares of a Fund, the day and time specified in the Supplement for the relevant Fund by which such application must be received by the Administrator on behalf of the Company in order for the subscription, redemption or exchange of Shares of the Fund to be made by the Company on the relevant Dealing Day; "UCITS" an undertaking for collective investment in transferable securities established pursuant to the Regulations or, in the case of UCITS established in a Member State other than Ireland, UCITS IV or the relevant national legislation implementing UCITS IV; "UCITS Requirements" means the legislative and regulatory framework for the authorisation and supervision of UCITS, pursuant to the Regulations, in place in Ireland from time to time, whether under the terms of UCITS IV, UCITS V or otherwise; "UCITS IV" means Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as amended, supplemented, consolidated or otherwise modified including any supplementing European Commission delegated regulations in force from time to time; "UCITS V" means Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014 amending Directive 2009/65/EC on the coordination of laws, regulations and administrative
Subscriptions/Redemptions Account means a subscriptions and redemptions account at umbrella level in the name of the Company.