Participant Recordkeeping Sample Clauses

Participant Recordkeeping. Recordkeeping and other administrative services provided with respect to participants in the Plans shall be the responsibility of Recordkeeper and shall not be the responsibility of the Trusts or Company. Company will either (i) recognize each Plan as a single shareholder and as an unallocated account in the applicable Fund or (ii) recognize each Plan as one or more omnibus account(s) in the name of a Plan trustee, and will not in either case maintain separate accounts for Plan participants.
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Participant Recordkeeping. Recordkeeping and other administrative services provided to participants in the Programs shall be the responsibility of Servicer and shall not be the responsibility of the Trust or the Administrator. The Administrator will cause the Trust to establish one omnibus account per Program per Fund, and will not maintain separate accounts for Program participants. Any account established pursuant to this Section shall be an “Eligible Account.”
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Participant Recordkeeping. Recordkeeping and other administrative services to a Plan and Plan Participants shall be the responsibility of FASCorp and shall not be the responsibility of BFDS. BFDS will recognize, as determined by FASCorp, each Plan or all Plans, as the case may be, as a single shareholder and as an unallocated account in the Funds, and, in any event, BFDS will not maintain separate accounts for Plan Participants.
Sample 1
Participant Recordkeeping. Recordkeeping and other administrative services to a Plan and Plan Participants shall be the responsibility of JMS and shall not be the responsibility of the Fund Company. The Fund Company will recognize, as determined by JMS, each Plan or all Plans, as the case may be, as a single shareholder and as an unallocated account in the Funds, and, in any event, the Fund Company will not maintain separate accounts for Plan Participants.
Sample 1
Participant Recordkeeping. Recordkeeping and other administrative services to a Plan and Plan Participants shall be the responsibility of First American Bank and shall not be the responsibility of the Fund Company. The Fund Company will recognize, as determined by First American Bank, each Plan or all Plans, as the case may be, as a single shareholder and as an unallocated account in the Funds, and, in any event, the Fund Company will not maintain separate accounts for Plan Participants.
Sample 1
Participant Recordkeeping. Recordkeeping and other administrative services provided to Contract owners shall be the responsibility of the Service Provider and shall not be the responsibility of Janus Service. Janus Service will recognize one omnibus account in the Service Provider's name in each of the Janus Funds, and will not maintain separate accounts for individual Plans, Plan participants, Separate Accounts or Contracts. Upon the reasonable request of Janus Service, the Service Provider shall provide copies of all reports and records relating to the Janus Funds deemed necessary by Janus Service for it to carry out this Agreement or for the Janus Funds or their representatives to comply with applicable legal requirements. In addition, the Service Provider shall provide to Janus Service monthly summaries of the names of Plan sponsors and the numbers of underlying Plan participants.
Sample 1
Participant Recordkeeping. Recordkeeping and other administrative services to Plan participants shall be the responsibility of XXXXX and shall not be the responsibility of the Company or Distributor or Administrator. The Company will recognize XXXXX as a single shareholder and as an unallocated account in the Funds and will not maintain separate accounts for Plans or Plan participants. Upon the request of the Company or Distributor or Administrator, XXXXX shall provide copies of all records relating to the Funds as may reasonably be requested to enable the Funds or their representatives to comply with any request of a governmental body or self-regulatory organization.
Sample 1
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Participant Recordkeeping. PFTC will maintain records of participant account balances under the Plan by source of contribution and will update accounts to reflect contributions and allocations, with- drawals, investment allocations, and earnings and changes in market value affecting the accounts. Account updates will be performed on a daily basis.
Sample 1

Related to Participant Recordkeeping

  • Recordkeeping A. To maintain its accounting records in accordance with generally accepted accounting principles (“GAAP”). GAAP are established by the Financial Accounting Standards Board (“FASB”).

  • Participant Information My address is: My Social Security Number is:

  • Reporting and Recordkeeping The ownership of the property whether securities, cash and/or other property, and whether held by the Custodian or a subcustodian or in a depository, clearing agency or clearing system, shall be clearly recorded on the Custodian's books as belonging to the Series and not for the Custodian's own interest. Where certificates are legended or otherwise not fungible with publicly traded certificates (and in other cases where the Custodian and the Series may agree), the Series reserves the right to instruct the Custodian as to the name only in which such securities shall be registered and the Custodian, to the extent reasonably practicable, shall comply with such Instructions; provided, however, if the Custodian reasonably determines that compliance with such Instructions is not reasonably practicable or otherwise may conflict with applicable law, rule or regulation, the Custodian shall promptly notify the Series and shall comply with reasonable alternatives as to which the parties may agree. The Custodian shall keep accurate and detailed accounts of all investments, receipts, disbursements and other transactions for the Series. All accounts, books and records of the Custodian relating thereto shall be open to inspection and audit at all reasonable times during normal business hours of the Custodian by any person designated by the Series. All such books, records and accounts shall be maintained and preserved in the form reasonably requested by the Series and in accordance with the Act and the Rules and Regulations thereunder, including, without limitation, Section 31 thereof and Rule 31a-1 and 31a-2 thereunder. All books, records and accounts pertaining to the Series, which are in the possession of the Custodian, shall be the property of the Fund and such materials or (unless the delivery of original materials is required pursuant to applicable law) legible copies thereof in a format reasonably acceptable to the Fund, shall be surrendered promptly upon request; provided, however, that the Custodian shall be entitled to retain a copy or the original of any such books, records and accounts as may be required or permitted by applicable law and the Custodian's own policies and procedures. The Custodian will supply to the Series from time to time, as mutually agreed upon, a statement in respect to any property of the Series held by the Custodian or by a subcustodian.

  • Participant Register Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register.

  • Participant Representations (a) The Participant represents, warrants and agrees that it will not make any representations concerning the Funds, the Creation Units or the Shares other than those consistent with the then current Prospectus or any promotional or sales literature furnished to the Participant by the Distributor or the Trust, or any such materials permitted by clause (b) of this Section 6.

  • Participant Loans This Section 10.03[E] specifically authorizes the Trustee to make loans on a nondiscriminatory basis to a Participant or to a Beneficiary in accordance with the loan policy established by the Advisory Committee, provided: (1) the loan policy satisfies the requirements of Section 9.04; (2) loans are available to all Participants and Beneficiaries on a reasonably equivalent basis and are not available in a greater amount for Highly Compensated Employees than for other Employees; (3) any loan is adequately secured and bears a reasonable rate of interest; (4) the loan provides for repayment within a specified time; (5) the default provisions of the note prohibit offset of the Participant's Nonforfeitable Accrued Benefit prior to the time the Trustee otherwise would distribute the Participant's Nonforfeitable Accrued Benefit; (6) the amount of the loan does not exceed (at the time the Plan extends the loan) the present value of the Participant's Nonforfeitable Accrued Benefit; and (7) the loan otherwise conforms to the exemption provided by Code Section 4975(d)(1). If the joint and survivor requirements of Article VI apply to the Participant, the Participant may not pledge any portion of his Accrued Benefit as security for a loan made after August 18, 1985, unless, within the 90 day period ending on the date the pledge becomes effective, the Participant's spouse, if any, consents (in a manner described in Section 6.05 other than the requirement relating to the consent of a subsequent spouse) to the security or, by separate consent, to an increase in the amount of security. If the Employer is an unincorporated trade or business, a Participant who is an Owner-Employee may not receive a loan from the Plan, unless he has obtained a prohibited transaction exemption from the Department of Labor. If the Employer is an "S Corporation," a Participant who is a shareholder-employee (an employee or an officer) who, at any time during the Employer's taxable year, owns more than 5%, either directly or by attribution under Code Section 318(a)(1), of the Employer's outstanding stock may not receive a loan from the Plan, unless he has obtained a prohibited transaction exemption from the Department of Labor. If the Employer is not an unincorporated trade or business nor an "S Corporation," this Section 10.03[E] does not impose any restrictions on the class of Participants eligible for a loan from the Plan. [F] INVESTMENT IN QUALIFYING EMPLOYER SECURITIES AND QUALIFYING EMPLOYER REAL PROPERTY. The investment options in this Section 10.03[F] include the ability to invest in qualifying Employer securities or qualifying Employer real property, as defined in and as limited by ERISA. If the Employer's Plan is a Nonstandardized profit sharing plan, it may elect in its Adoption Agreement to permit the aggregate investments in qualifying Employer securities and in qualifying Employer real property to exceed 10% of the value of Plan assets.

  • Sharing of Participant Information 20 7.4 REPORTING AND DISCLOSURE AND COMMUNICATIONS TO PARTICIPANTS..................................................20 7.5 NON-TERMINATION OF EMPLOYMENT; NO THIRD-PARTY BENEFICIARIES.................................................20 7.6

  • Recordkeeping and Reporting The Subadvisor shall maintain the records and information required by Rule 31a-1 under the 1940 Act described in Schedule B attached hereto, with respect to the Assets of the Series. In addition, the Subadvisor shall maintain such other records relating to the services the Subadvisor provides under this Agreement as may be required in the future by applicable SEC and other applicable rules, and shall retain such information for such times and in such manner as required by applicable rules, including but not limited to Rule 31a-2 under the 1940 Act. The records maintained by the Subadvisor hereunder shall be the property of the Fund and shall be surrendered promptly upon request; subject, however, to the Subadvisor's right to retain all such records as the Subadvisor is required to maintain under the Advisers Act and the rules and regulations promulgated thereunder; provided, further, that the Fund shall be entitled to make and maintain copies of any records so retained by request.

  • Selection of Eligible Foreign Custodian and Contract Administration The Delegate shall perform the following duties with respect to the selection of Eligible Foreign Custodians and administration of certain contracts governing the Fund's foreign custodial arrangements:

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