Allowable Investments. Sub-Adviser Assets should consist primarily of small-capitalization common or preferred equity securities traded on one of the major US exchanges. The following instruments are allowed:
Allowable Investments. If any Affiliated Insurer shall make any loans to, investments in, or purchase any stock, securities or evidence of indebtedness of, a Person other than Allowable Investments.
Allowable Investments. Sub-Advisor assets should consist primarily of U.S. real estate equity securities. The following instruments are allowed: o Real Estate Equity Securities (REITs) o Preferred Shares of real estate companies o Convertible Debt securities of real estate companies
Allowable Investments o The Sub-Advisor assets should be invested 100% in ADR's and in U.S. listed equity securities of non-U.S. companies.
Allowable Investments. Fund Assets should consist primarily of small-capitalization common or preferred equity securities traded on one of the major US exchanges. The following instruments are allowed:
Allowable Investments. The Company shall from time to time invest funds not required currently for its operations or for distribution to the Members in any money market, checking or savings account at any of JPMorgan Chase, Bank of America, National Association, Citibank, N.A. or any other financial institution approved by the Members.
Allowable Investments. The Partnership shall from time to time invest funds not required currently for its operations or for distribution to the Partners in (i) short term marketable direct obligations of the United States of America or any of its agencies, (ii) short term marketable obligations fully guaranteed by the United States of America or any of its agencies, or (iii) overnight demand deposits issued by commercial banks the commercial paper and/or long-term unsecured debt obligations of which are rated not less than "A" by Fitch Investors Service, Inc. and Standard & Poor's Corporation.
Allowable Investments. Sub-Advisor assets should consist primarily of common stocks issued by U.S. corporations. The following instruments are allowed: o U.S. dollar denominated common stock o Convertible securities (in one of the top three ratings categories of a NRSRO) o Preferred stock o Rule 144A securities o American Depository Receipts (ADRs)
Allowable Investments. Allowable investments are as follows: - Cash - Money market funds - Registered under the Investment Company Act of 1940, as amended - In compliance with the Securities and Exchange Rule 2a-7 - With a maximum ninety day average maturity Background: ---------- The assets may be required for distribution as follows: ------------------------------------------------------------------------------------------------------ POTENTIAL DISTRIBUTION ------------------------------------------------------------------------------------------------------ Appr. % of Total No. of Months from Trust Assets Dates Inception of Trust (3/31/00) ------------ ----- ---------------------------- ------------------------------------------------------------------------------------------------------ 7 6/30/01 3 ------------------------------------------------------------------------------------------------------ 7 1/1/02 9 ------------------------------------------------------------------------------------------------------ 6/30/02 3* - 15 7 or earlier ------------------------------------------------------------------------------------------------------ 1/1/03 3* - 33 79 or earlier ------------------------------------------------------------------------------------------------------ 100 ------------------------------------------------------------------------------------------------------ *Assuming not needed before 6/30/01 ------------------------------------------------------------------------------------------------------ The majority of the assets could be required for disbursement in as little as three months, or a most thirty-three months from inception of the trust. Payment Schedule under Trust Agreement dated April 3, 2001 between The LTV Corporation ("LTV"), Copperweld Corporation ("Copperweld") (collectively, and jointly and severally, the "Company") and Mellon Bank, N.A. ("Trustee") f/b/o John X. Xxxxxx ("Xxecutive"), established pursuant to the Employment Agreement dated April 3, 2001 among LTV, Copperweld and the Executive
Allowable Investments. Portfolios should consist primarily of common stock issued by U.S. based corporations. The following instruments are allowed: o U.S. dollar denominated common stock o American Depository Receipts (ADRs) o Convertible securities (in one of the top three ratings categories of an NRSRO) o Nonconvertible preferred stock o Warrants and rights that can be exercised to obtain stock o Real estate investment trusts (REITs) (this was not provided for in the Pro/SAI- if you intend to invest in REITS, we need to know immediately and need to add a disclosure) o Securities of non-U.S. issuers
