related fund

related fund
USA
approved fund, {{}}Also known as related fund or fund.
A term used to describe a certain type of eligible assignee under a loan agreement. Typically defined as an entity that is engaged in making, purchasing, holding or investing in bank or commercial loans and similar extensions of credit in the ordinary course of its business and that is administered, advised or managed by:
• A lender under the loan agreement.
• An affiliate of a lender under the loan agreement.
• An entity or an affiliate of an entity that administers, advises or manages a lender under the loan agreement.
Approved funds are typically affiliates of term B lenders and other institutional investors (rather than commercial banks) and loans are often allocated among several related approved funds of a lender.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • fund — 1 n 1: a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund: a fund established by each state to compensate clients for losses suffered due to their attorneys misappropriation… …   Law dictionary

  • Fund Accounting — is an accounting system often used by nonprofit organizations and by the public sector. OverviewBecause there is no personal profit motive for owners or members of nonprofit organizations and organizations in the public sector, such as… …   Wikipedia

  • Fund for Reconciliation and Development — non profit organization supporting efforts for reconciliation of the USA with Vietnam, Cambodia, Laos and Cuba and development of these countries. Established in 1985 as US Indochina Reconciliation Project (USIRP), which developed from the… …   Wikipedia

  • fund — A fiscal and accounting entity with a self balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific… …   Financial and business terms

  • Fund derivative — A fund derivative is a financial structured product related to a fund, normally using the underlying fund to determine the payoff. This may be a mutual fund or a hedge fund. Purchasers might want exposure to a fund to get exposure to a star fund… …   Wikipedia

  • Fund for Assistance to Private Education — with the mandate of providing assistance to private education institutions in the Philippines.HistoryFAPE was established in the sixties from the confluence of two factors, namely: the recognition of the crucial role of private education in… …   Wikipedia

  • fund — {{11}}fund (n.) 1660s, from Fr. fond a bottom, floor, ground (12c.), also a merchant s basic stock or capital, from L. fundus bottom, foundation, piece of land, from PIE root *bhudh bottom, base (Cf. Skt. budhnah, Gk. pythmen foundation, bottom,… …   Etymology dictionary

  • fund management company — The party that sets up the fund, decides on the investment strategy, appoints the agents, and is responsible for the promotion and the marketing of the fund. It makes all of the important decisions related to the fund. Euroclear Clearing and… …   Financial and business terms

  • fund management company — The party that sets up the fund, decides on the investment strategy, appoints the agents, and is responsible for the promotion and the marketing of the fund. It makes all of the important decisions related to the fund …   Euroclear glossary

  • Fund for UFO Research — Infobox Company company name = Fund for UFO Research (FUFOR) company company type = foundation = 1979 location = Alexandria, Virginia key people = industry = products = revenue = operating income = net income = num employees = parent = subsid =… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”