Transition Party definition
Transition Party means the Custodian and the Legacy Portfolio and Target Portfolio managers.
Examples of Transition Party in a sentence
For each Transition, IPOPIF will instruct each Transition Party to comply with any instructions given by or on behalf of the Transition Manager.
Upon acceptance of the Transition Work Order, the IPOPIF will provide the Transition Manager a list of the appropriate contact persons and persons with authority to deal in the Transition assets at each Transition Party and a statement of investment objectives, policies, and restrictions, together with the specific investment management functions required for the Transition (the “Investment Objectives”) as agreed upon between the Transition Manager and IPOPIF.