Side fund definition

Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other mechanism which accumulates premium or deposits with interest or by other means. The term does not include:
Side fund means a fund or reserve that is part of or otherwise
Side fund means an account or reserve that is part of or otherwise attached to a life insurance policy, excluding individually issued annuities by rider, endorsement, or other means. The term "side fund" does not include:

Examples of Side fund in a sentence

  • As the sole managing member of Side Fund, Elevation Management may be deemed to be the indirect beneficial owner of such shares under Rule 16a-1(a)(2) promulgated under the Exchange Act.

  • PURCHASERS: Versant Affiliates Fund 1-A, L.P. Versant Affiliates Fund1-B, L.P. Versant Side Fund I, L.P. Versant Venture Capital I, L.P. By: Versant Ventures I, LLC its General Partner By: /s/ Xxxxxx X.

  • Silver Lake Investors, L.P. Silver Lake Technology Investors, L.L.C. Integral Capital Partners V, L.P. Integral Capital Partners V-MS Side Fund, L.P.

  • Decisions with respect to Side Fund securities are made automatically in conjunction with decisions by Fund VI.

  • Versant Venture Capital I, L.P. Versant Affiliates Fund I-A, L.P. Versant Affiliates Fund I-B, L.P. Versant Side Fund I, L.P. By: Versant Ventures I, LLC Its: General Partner By: /s/ Robin L.


More Definitions of Side fund

Side fund means a fund or reserve that is part of or is attached to a life insurance policy or certificate (except for indi- vidually issued annuities) by rider, endorsement, or other mechanism which accumulates premium or deposits with interest or by other means. The term does not include:
Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other mechanism which accumulates premium or deposits at interest or by other means. The term does not include accumulated or cash value or secondary guarantees provided by a universal life policy nor does it include cash values provided by a whole life policy which are subject to standard nonforfeiture law for life insurance.
Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other mechanism which accumulates premium or deposits at interest or by other means. The term does not include (A) accumulated or cash value or secondary guarantees provided by a universal life policy; (B) cash values provided by a whole life policy which are subject to standard nonforfeiture law for life insurance; (C) or a premium deposit fund which (i) contains only premiums paid in advance which accumulate at interest; (ii) imposes no penalty for withdrawal; (iii) does not permit funding beyond future required premiums; (iv) is not marketed or intended as an investment; and (v) does not carry a commission, either paid or calculated.
Side fund means a fund or reserve that is part of or other- wise attached to a life insurance policy (excluding individu- ally issued annuities) by rider, endorsement or other mecha- nism which accumulates premium or deposits with interest or by other means. The term does not include:
Side fund means a fund or reserve that is part of or otherwise attached to a life insurance policy (excluding individually issued annuities) by rider, endorsement or other
Side fund shall have the meaning set forth in the Preamble. Software shall mean the software and related items listed on the attached Schedule D.
Side fund means a fund or reserve that is part of or otherwise attached to a life in- surance policy by rider, endorsement, or other mechanism which accumulates premium or de- posits with interest or by other means.