WP Fund definition

WP Fund means the Warburg Pincus parties to the Shareholders Agreement.
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WP Fund means the NPI WP Fund and any other with-profits sub-fund of the Phoenix Long-Term Insurance Fund established or maintained in accordance with the Existing Phoenix Schemes;
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WP Fund means the fund established in accordance with Article 62(a);
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Examples of WP Fund in a sentence

  • The manner and timing of the distribution of such surplus shall be determined by the PLAE Board in accordance with, and subject to, paragraph 16 where applicable and shall be as fair and equitable as is practicable, subject to the need to ensure a prudent amount is retained in respect of any amounts which may be charged to the relevant PLAE WP Fund in accordance with this Scheme.

  • This paragraph 27 applies to any Transferred Policy that is, immediately prior to the Effective Date, written in or allocated to the Non-Profit Fund of Phoenix if and to the extent that the WP Investment Element is transferred or allocated to, or reinsured by, the Phoenix SPI WP Fund.

  • Except as expressly permitted or required by this Scheme, no part of any surplus in any PLAE WP Fund shall be applied over time other than as bonus on, or reduction, rebate or suspension of premiums to, or otherwise applied for the benefit of, any Policy which is written in, reinsured or allocated to the relevant PLAE WP Fund (including to meet liabilities of the same).

  • For the avoidance of doubt, neither Phoenix nor PLAE may allocate any such costs to a Phoenix WP Fund or, as the case may be, a PLAE WP Fund.

  • For the purposes of this paragraph 20, the " Relevant With-Profits Fund Closure Date" shall be the date determined by the PLAE Board on which the relevant PLAE WP Fund shall cease to be maintained.

  • The PLAL Board shall (save to the extent that such practice is inconsistent with the provisions of this Scheme) manage the NPL WP Fund having regard to the established practices of NPLL as set out, from time to time, in its PPFM prior to the Transfer Date, as they applied in respect of the National Provident Life Fund or the Transferred Policies comprised therein.

  • Any allocation of property or attribution of liabilities, and any re-allocation or re-attribution of the same, which is made under the terms of this Scheme for the purpose of the maintenance of a WP Fund or the Non-Profit Fund or the PLAL Shareholders' Fund is for the purpose of establishing policyholder entitlements from time to time and shall not be taken to limit the availability of all the property from time to time of PLAL to meet the liabilities which it is obliged by law to meet.

  • The PLAL 2012 Scheme shall, except as otherwise set out in this Scheme, continue in full force and effect on the basis that the NPL WP Fund shall be an additional WP Fund for the purposes of the PLAL 2012 Scheme.

  • Amounts in respect of maintenance and termination expenses (excluding investment management fees) allocated to the NPL WP Fund in respect of Policies allocated to the NPL WP Fund and Excluded Policies shall be calculated as the aggregate of the amounts determined by multiplying the annual per policy charge applicable at the time (determined as referred to below) by the number of policies in force on 1 July in each calendar year and shall, so far as practicable, be so allocated monthly in advance.

  • PLAL shall manage its affairs in accordance with applicable laws and regulatory requirements from time to time and in particular shall manage the NPL WP Fund in accordance with applicable principles and practices of financial management, as amended from time to time, as required pursuant to COBS 20.3.1 R or any successor provision, and the Scheme Principles for the Financial Management of the NPL WP Fund.


More Definitions of WP Fund

WP Fund means the NPL WP Fund and any with-profits sub-fund of the PLAL Long- Term Insurance Fund established or maintained in accordance with the PLAL 2012 Scheme.
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WP Fund means the with-profits sub-funds of the Phoenix Long-Term Insurance Fund established or maintained in accordance with the Existing Phoenix Schemes.
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WP Fund means [ ].
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WP Fund means each of the LL WP Fund, the SERP Fund, the Pearl WP Fund and any other with-profits sub-fund of the Pearl Long-Term Insurance Fund established pursuant to paragraph 20.3; and
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Related to WP 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.

  • New Fund means each of the series portfolios of the Trust, one of which shall correspond to one of the Current Funds as shown on Schedule A.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Provident Fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Special Fund means any fund other than the city general fund.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Program fund means the program fund established under section 12D.4.

  • Private Fund means an issuer that would be an investment company as defined in section 3 of the Investment Company Act of 1940 but for Section 3(c)(1) or 3(c)(7) of that Act.

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • State Fund means a component of the Settlement Fund described in subsection VIII.D.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations Pooled Fund Manager means such officer of the Host Partner which includes a Section 113 Officer for the relevant Pooled Fund established under an Individual Scheme as is nominated by the Host Partner from time to time to manage the Pooled Fund in accordance with Clause 8.2. Provider means a provider of any Services commissioned under the arrangements set out in this Agreement.

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • General Partner Interest means the ownership interest of the General Partner in the Partnership (in its capacity as a general partner without reference to any Limited Partner Interest held by it) which may be evidenced by Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which the General Partner is entitled as provided in this Agreement, together with all obligations of the General Partner to comply with the terms and provisions of this Agreement.

  • Member Account means the regular account and the variable account.

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

  • Feeder Fund means a Sub-Fund which invests all or substantially all of its assets in securities which are units or sub-units in a unit trust scheme or participations in a mutual fund or other interests in a collective investment scheme which is managed or advised by the Managers or any Associate of the Managers and whose investment policy is the same or substantially the same as such Sub-Fund.

  • Retirement fund means the "Washington law enforcement

  • Public fund means the state treasurer or a retirement system.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • default fund means a default fund held by a CCP in accordance with Article 42 of Regulation (EU) No 648/2012;

  • Infrastructure fund means the renewable fuel infrastructure fund created in section 159A.16.