Asset Categories Sample Clauses

Asset Categories. The Portfolio Manager will have full discretion subject to compliance with all applicable LNL policies, Risk Management Committee guidelines, and reinsurance treaty limitations to invest and reinvest the funds in assets in a manner necessary to achieve the investment objective. Such assets may include, but are not limited to, cash and cash equivalents; U.S. and foreign Government obligations; public, U.S. and foreign corporate fixed income securities; private placements (including Rule 144A securities); structured products (i.e., ABS, MBS, CMBS, etc.); and mortgage loans; and derivative instruments. All purchases are subject to the limitations imposed in this investment policy. Exposure limits are based on the GAAP book value of invested assets. Asset Categories Maximum % of Invested Assets Cash and Cash Equivalents [REDACTED] U.S. Treasury/Agency Securities [REDACTED] Public Corporate Bonds (including 144 securities) [REDACTED] Derivative Instruments [REDACTED] Less Liquid Investments Traditional Private Placements [REDACTED] Commercial Mortgage Loans [REDACTED] Real Estate (including real estate contingent Acquisition program) [REDACTED] Total Less Liquid Investments [REDACTED] Asset Backed Securities Agency Residential Mortgage Backed Securities [REDACTED] Non-Agency Residential Mortgage Backed Securities [REDACTED] Commercial Mortgage Backed Securities [REDACTED] Total Asset Backed Securities** [REDACTED] * Includes Residential Whole Loans ** Includes other asset backed securities Foreign Investments Investments in Developing Countries [REDACTED] Total Foreign Investments*** [REDACTED] *** For further details see the LNL Statement of Investment Policy for Foreign Investments. Foreign risk is defined by the “underlying sovereign” referring to the actual sovereign exposure inherent in the security (i.e .the “country of risk”). LNL will not purchase securities with less-than investment grade credit quality ratings when such ratings are lower than the long term foreign currency ratings of the underlying sovereign. Equity Related Securities: Common stock [REDACTED] Preferred stock [REDACTED] Mutual Funds [REDACTED] Total Equity-Related Securities [REDACTED] Diversification: Per Industry [REDACTED] Per Non-Government Issuer [REDACTED] Below Investment Grade Securities NAIC Grade 3-4-5-6 [REDACTED] NAIC Grade 4-5-6 [REDACTED] NAIC Grade 5-6 [REDACTED]
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Asset Categories. The Portfolio Manager will have full discretion subject to compliance with all applicable LNL policies, Risk Management Committee guidelines, and reinsurance treaty limitations to invest and reinvest the funds in assets in a manner necessary to achieve the investment objective. Such assets may include, but are not limited to, cash and cash equivalents; U.S. and foreign Government obligations; public, U.S. and foreign corporate fixed income securities; private placements (including Rule 144A securities); structured products (i.e., ABS, MBS, CMBS, etc.); mortgage loans; and derivative instruments. All purchases are subject to the limitations imposed in this investment policy. Exposure limits are based on the market value of invested assets as of the most recent statutory financial statement. MAXIMUM % OF ASSETS Cash and Cash Equivalents 100% U.S. Treasury/Agency Securities 100% Public Corporate Bonds (including 144 securities) 100% Derivative Instruments 100% LESS LIQUID INVESTMENTS Traditional Private Placements 20% Commercial Mortgage Loans 20% Real Estate 0% Total Less Liquid Investments 35% ASSET BACKED SECURITIES Agency Residential Mortgage Backed Securities 100% Non-Agency Residential Mortgage Backed Securities 10% Commercial Mortgage Backed Securities 10% Total Asset Backed Securities 100% FOREIGN INVESTMENTS Investments in Developing Countries 5% Total Foreign Investments* 25%* * Excludes ownership of subsidiaries and securities issued or guaranteed by a Canadian governmental unit or business entity EQUITY RELATED SECURITIES: Common stock 0% Preferred stock 0% Total Equity-Related Securities 0% 28
Sample 1
Asset Categories. As of the Commencement Date, the categories which shall apply to the Assets are as follows: Category Basis of consent to transfer Assets within category Category 1 Eligible Investment Asset Proceeds Reclaim Fund's consent provided pursuant to clause 1.4 of Part B [TBC] Category 2 Eligible Investment Asset Proceeds Reclaim Fund's prior consent is required pursuant to clause 1.6 of Part B [TBC] Category 3 Eligible Investment Asset Proceeds Reclaim Fund's prior consent is required pursuant to clause 1.6 of Part B [TBC]
Sample 1

Related to Asset Categories

  • Entity-Level Taxation If legislation is enacted or the official interpretation of existing legislation is modified by a governmental authority, which after giving effect to such enactment or modification, results in a Group Member becoming subject to federal, state or local or non-U.S. income or withholding taxes in excess of the amount of such taxes due from the Group Member prior to such enactment or modification (including, for the avoidance of doubt, any increase in the rate of such taxation applicable to the Group Member), then the General Partner may, at its option, reduce the Minimum Quarterly Distribution and the Target Distributions by the amount of income or withholding taxes that are payable by reason of any such new legislation or interpretation (the “Incremental Income Taxes”), or any portion thereof selected by the General Partner, in the manner provided in this Section 6.9. If the General Partner elects to reduce the Minimum Quarterly Distribution and the Target Distributions for any Quarter with respect to all or a portion of any Incremental Income Taxes, the General Partner shall estimate for such Quarter the Partnership Group’s aggregate liability (the “Estimated Incremental Quarterly Tax Amount”) for all (or the relevant portion of) such Incremental Income Taxes; provided that any difference between such estimate and the actual liability for Incremental Income Taxes (or the relevant portion thereof) for such Quarter may, to the extent determined by the General Partner, be taken into account in determining the Estimated Incremental Quarterly Tax Amount with respect to each Quarter in which any such difference can be determined. For each such Quarter, the Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be the product obtained by multiplying (a) the amounts therefor that are set out herein prior to the application of this Section 6.9 times (b) the quotient obtained by dividing (i) Available Cash with respect to such Quarter by (ii) the sum of Available Cash with respect to such Quarter and the Estimated Incremental Quarterly Tax Amount for such Quarter, as determined by the General Partner. For purposes of the foregoing, Available Cash with respect to a Quarter will be deemed reduced by the Estimated Incremental Quarterly Tax Amount for that Quarter.

  • Thresholds The threshold of a sample to constitute a positive result alcohol, drugs, or their metabolites is contained in the standards of one of the programs listed in MN Statute §181.953, subd 1. The employer shall, not less than annually, provide the unions with a list or access to a list of substances tested for under this LOA and the threshold limits for each substance. In addition, the employer shall notify the unions of any changes to the substances being tested for and of any changes to the thresholds at least thirty (30) days prior to implementation.

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