Asset Investment Sample Clauses

Asset Investment. When the University deposits funds with the Alumni Foundation for investment purposes, the Alumni Foundation may comingle those funds with the Alumni Foundation’s funds and other funds held by the Alumni Foundation in a pooled investment portfolio (“pooled investments”). In doing so, it is mutually understood that: A. the University retains ownership of University funds; B. the Alumni Foundation is authorized to invest the University funds in the same manner as other Alumni Foundation funds; C. University funds are subject to the Alumni Foundation’s administrative fees in accordance with the Alumni Foundation’s fund administration policies; D. University funds may be pooled with the Alumni Foundation’s institutional funds and other funds for the purpose of participating in the pooled investments; E. there is no trust relationship between the University and the Alumni Foundation, express or implied; F. pooled investments are invested in accordance with the Alumni Foundation’s investment policy; G. there is an inherent risk involved with investing that is beyond the control of the Alumni Foundation, including the potential for loss of the University’s principal in the initial investment, loss of subsequent deposits, loss of interest or appreciation, and loss of other financial gains; H. neither party is obligated to offer or accept investment advice to or from the other party; I. the Alumni Foundation has not and does not hold itself out as an investment advisor or as a professional investment corporation; and J. the University representative for all matters relating to the investment of University funds by the Alumni Foundation is the University President or his or her designee. For all University funds invested by the Alumni Foundation, the Alumni Foundation shall provide periodic summaries and confirmations of balances of University funds as may be requested or required. The Alumni Foundation shall make its fund administration and investment policies publicly available and provide the University an opportunity to provide feedback on any proposed policy change. Upon written notice from an authorized University administrator requesting withdrawal of University funds from the pooled investments, the Alumni Foundation will withdraw the funds within a reasonable length of time such that removal of the funds may be completed without adversely affecting the remaining investment portfolio.
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Asset Investment. When Tech deposits funds with the Foundation for investment purposes, the Foundation may comingle those funds with the Foundation’s funds and other funds held by the Foundation in a pooled investment portfolio (“Pooled Investments”). In doing so, it is mutually understood that:
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Asset Investment. When the University deposits funds with the Foundation for investment purposes, the Foundation may comingle those funds with Foundation’s funds and other funds held by the Foundation in a pooled investment portfolio (“Pooled Investments”). In doing so, it is mutually understood that:
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Asset Investment. When the University deposits funds with the Foundation for investment purposes, the Foundation may comingle those funds with Foundation’s funds and other funds held by the Foundation in a pooled investment portfolio (“Pooled Investments”). In doing so, it is mutually understood that: 1. The University retains ownership of University funds; 2. The Foundation is authorized to invest the University funds in the same manner as other Foundation funds; 3. University funds are subject to the Foundation’s administrative fees in accordance with the Foundation’s Fund Administration Policies; 4. University funds may be pooled with the Foundation’s institutional funds and other funds for the purpose of participating in the Pooled Investments; 5. There is no trust relationship between the University and the Foundation express or implied; 6. Pooled Investments are invested in accordance with the Foundation’s investment policy; 7. There is an inherent risk involved with investing that is beyond the control of the Foundation, including the potential for loss of the University’s principal in the initial investment, loss of subsequent deposits, loss of interest or appreciation, and loss of other financial gains; 8. Neither party is obligated to offer or accept investment advice to or from the other party; 9. The Foundation has not and does not hold itself out as an investment advisor or as a professional investment corporation; and 10. The University representative for all matters relating to the investment of University funds by Foundation is the President of the University or his or her designee. For all University funds invested by the Foundation, the Foundation shall provide periodic summaries and confirmations of balances of University funds as may be requested or required. The Foundation shall provide the University with a copy of the most recent investment policy. Upon written notice from an authorized University administrator requesting withdrawal of University funds from the Pooled Investments, the Foundation shall withdraw the funds within a reasonable length of time such that removal of the funds may be completed without adversely affecting the remaining investment portfolio.
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Asset Investment. If LCCC deposits gifts with the Foundation for investment purposes, the Foundation may pool those funds with the Foundation’s funds and other funds held by the Foundation in a pooled investment portfolio (“Pooled Investments”). In doing so, it is mutually understood that:  LCCC retains ownership of LCCC funds;  The Foundation is authorized to invest LCCC funds in the same manner as other Foundation funds;  LCCC funds are subject to the Foundation’s administrative fees in accordance with the Foundation’s policies;  LCCC funds may be pooled with the Foundation’s institutional funds and other funds for the purpose of participating in the Pooled Investments;  There is no trust relationship between the Foundation and LCCC express or implied;  Pooled Investments shall be invested in accordance with the Foundation’s investment policy;  There is an inherent risk involved with investing that is beyond the control of the Foundation, including the potential for loss of LCCC’s principal in the initial investment, loss of subsequent deposits, loss of interest or appreciation, and loss of other financial gains;  Neither party is obligated to offer or accept investment advice to or from the other party;  The Foundation has not and does not hold itself out as an investment advisor or as a professional investment corporation;  LCCC’s representative for all matters relating to the investment of LCCC funds by the Foundation is the LCCC President or his/her designee. For all LCCC funds invested by the Foundation, the Foundation shall provide periodic summaries and confirmations of balances of LCCC funds as may be requested or required. Additionally, the Foundation shall provide LCCC with a copy of the most recent investment policy. Upon written notice from LCCC requesting withdrawal of LCCC funds from the Pooled Investments, the Foundation will withdraw the funds within a reasonable length of time such that removal of the funds may be completed without adversely affecting the remaining investment portfolio.
Sample 1
Asset Investment. When GFC deposits funds with the Alumni Foundation for investment purposes, the Alumni Foundation may comingle those funds with the Alumni Foundation’s funds and other funds held by the Alumni Foundation in a pooled investment portfolio (“Pooled Investments”). In doing so, it is mutually understood that: (a) GFC retains ownership of GFC funds; (b) the Alumni Foundation is authorized to invest GFC funds in the same manner as other the Alumni Foundation funds; (c) GFC funds are subject to the Alumni Foundation’s administrative fees in accordance with the Alumni Foundation’s Fund Administration Policies; (d) GFC funds may be pooled with the Alumni Foundation’s institutional funds and other funds for the purpose of participating in the Pooled Investments; (e) there is no trust relationship between the GFC and the Alumni Foundation express or implied; (f) Pooled Investments are invested in accordance with the Alumni Foundation’s investment policy; (g) there is an inherent risk involved with investing that is beyond the control of the Alumni Foundation, including the potential for loss of the GFC’s principal in the initial investment, loss of subsequent deposits, loss of interest or appreciation, and loss of other financial gains; (h) neither party is obligated to offer or accept investment advice to or from the other party; (i) the Alumni Foundation has not and does not hold itself out as an investment advisor or as a professional investment corporation; (j) the GFC representative for all matters relating to the investment of GFC funds by the Alumni Foundation is the GFC CEO/Xxxx or his or her designee. For all GFC funds invested by the Alumni Foundation, the Alumni Foundation shall provide periodic summaries and confirmations of balances of GFC funds as may be requested or required. The GFC CEO/Xxxx may attend any Alumni Foundation Board of Governors meeting where decision or discussion regarding the investment policy may be held. Additionally, the Alumni Foundation shall provide GFC with a copy of the most recent investment policy. Upon written notice from an authorized GFC administrator requesting withdrawal of GFC funds from the Pooled Investments, the Alumni Foundation will withdraw the funds within a reasonable length of time such that removal of the funds may be completed without adversely affecting the remaining investment portfolio.
Sample 1
Asset Investment. When the University deposits funds with the Foundation for investment 1. The University retains ownership of University funds; 2. The Foundation is authorized to invest the University funds in the same manner as other Foundation funds; 3. ees in accordance with 4. for the purpose of participating in the Pooled Investments; 5. There is no trust relationship between the University and the Foundation express or implied; 6. statement; 7. There is an inherent risk involved with investing that is beyond the control of the Foundation, includi investment, loss of subsequent deposits, loss of interest or appreciation, and loss of other financial gains; 8. Neither party is obligated to offer or accept investment advice to or from the other party; 9. The Foundation has not and does not hold itself out as an investment advisor or as a professional investment corporation; and 10. The University representative for all matters relating to the investment of University funds by Foundation is the President of the University or his or her designee. For all University funds invested by the Foundation, the Foundation shall provide periodic summaries and confirmations of balances of University funds as may be requested or required. The Foundation shall provide the University with a copy of the most recent investment policy statement. Upon written notice from an authorized University administrator requesting withdrawal of University funds from the Pooled Investments, the Foundation shall withdraw the funds within a reasonable length of time such that removal of the funds may be completed without adversely affecting the remaining investment portfolio.
Sample 1
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Related to Asset Investment

  • PIPE Investment (a) Following the Original Agreement Date and until the date of the mailing of the Proxy Statement to the stockholders of Acquiror may enter into subscription agreements (each, a “Subscription Agreement”) with investors (a “PIPE Investor”) relating to an investment in convertible preferred stock of Acquiror (“PIPE Securities”) pursuant to a private placement to be consummated immediately prior to the consummation of the Business Combination (the “PIPE”), in either case, on terms mutually agreeable to Acquiror and the Company acting reasonably and in good faith (a “PIPE Investment”), provided that, unless otherwise agreed by Acquiror and the Company, the aggregate gross proceeds under the Subscription Agreements shall not exceed $100,000,000 (the “PIPE Investment Amount”), provided further that, such PIPE Investment Amount shall be increased to account for any fees paid by the Company in connection with the negotiation, execution and/or consummation of the PIPE Investment Amount. In connection with Acquiror seeking a PIPE Investment, Acquiror and the Company shall, and shall cause their respective Representatives to, cooperate with each other and their respective Representatives in connection with such PIPE Investment and use their respective commercially reasonable efforts to cause such PIPE Investment to occur (including having the Company’s senior management participate in any investor meetings and roadshows as reasonably requested by Acquiror). In connection with a PIPE Investment, to the extent necessary to address the treatment of the PIPE Securities underlying such PIPE Investment hereunder, Acquiror and the Company shall negotiate in good faith to amend or otherwise modify this Agreement to reflect such PIPE Securities. (b) Acquiror shall not reduce the PIPE Investment Amount or the subscription amount under any Subscription Agreement or reduce or impair the rights of Acquiror under any Subscription Agreement, permit any amendment or modification to be made to, any waiver (in whole or in part) of, or provide consent to modify (including consent to terminate), any provision or remedy under, or any replacements of, any of the Subscription Agreements, in each case, other than any assignment or transfer contemplated therein or expressly permitted thereby (without any further amendment, modification or waiver to such assignment or transfer provision); provided, that, in the case of any such assignment or transfer, the initial party to such Subscription Agreement remains bound by its obligations with respect thereto in the event that the transferee or assignee, as applicable, does not comply with its obligations to consummate the purchase of the PIPE Securities contemplated thereby, unless otherwise approved in writing by the other Party (which approval shall not be unreasonably withheld, conditioned or delayed), and except for any of the foregoing actions that would not increase conditionality or impose any new obligation on Acquiror. (c) Acquiror shall use its reasonable best efforts to take, or cause to be taken, all actions and do, or cause to be done, all things necessary, proper or advisable to consummate the transactions contemplated by any Subscription Agreement to which it is a party on the terms and conditions described therein, including maintaining in effect such Subscription Agreement and to use its reasonable best efforts to: (i) satisfy in all material respects on a timely basis all conditions and covenants applicable to Acquiror in such Subscription Agreement and otherwise comply with its obligations thereunder, (ii) confer with the Company regarding timing for delivery of any closing notice pursuant to such Subscription Agreement, and (iii) enforce its rights under such Subscription Agreement in the event that all conditions in such Subscription Agreement (other than conditions that Acquiror, the Company or any of their respective Affiliates control the satisfaction of and other than those conditions that by their nature are to be satisfied at the Closing) have been satisfied, to cause the applicable PIPE Investor to pay to (or as directed by) Acquiror the consideration set forth in such Subscription Agreement and consummate the transactions contemplated by such Subscription Agreement at or prior to Closing, in accordance with its terms. (d) Without limiting the generality of the foregoing, Acquiror shall give the Company prompt written notice: (i) of any breach or default (or any event or circumstance that, with or without notice, lapse of time or both, could give rise to any breach or default) by any party to any Subscription Agreement known to Acquiror; (ii) of the receipt of any written notice or other written communication from any party to any Subscription Agreement with respect to any actual, potential, threatened or claimed expiration, lapse, withdrawal, breach, default, termination or repudiation by any party to any Subscription Agreement or any provisions of any Subscription Agreement; (iii) of any amendment, waiver or modification to any Subscription Agreement entered into by Acquiror that such Party was permitted to make without the prior written consent of the Company in accordance with this Section 8.04(d), it being understood that such amendment, waiver or modification is not conditioned on delivery of such notice and (iv) if Acquiror does not expect to receive all or any portion of financing proceeds on the terms, in the manner or from the applicable PIPE Investors as contemplated by the Subscription Agreements.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Minimum Investment Prior to the Rent Commencement Date, Tenant, at Tenant’s sole cost and expense, shall refurbish, redecorate and modernize the interiors and exteriors of the Premises, and otherwise complete the initial improvements necessary and appropriate to commence operations in the Premises (the “Initial Improvements”), at a minimum cost of the Minimum Investment Amount or less than said amount provided Tenant complies with the Concessions Design Guidelines and receives Design Review Committee approval. As-Built drawings of fire sprinkler and fire alarm systems must be submitted to Building Inspection and Code Enforcement (“XXXX”) in AUTOCAD “.DWG” format within 30 days of issuance of a Temporary Certificate of Occupancy (TCO). Within ninety (90) days after substantial completion of the Initial Improvements, Tenant must provide to City an AUTOCAD file and an electronic PDF file in accordance with the requirements as specified in the Tenant Improvement Guide and an affidavit, signed under penalty of perjury by both Tenant and Tenant’s general contractor, architect or construction manager, stating the hard construction costs paid by Tenant to complete the Initial Improvements, together with copies of paid invoices and lien waivers substantiating the costs stated in the affidavit. Such “hard construction costs,” which must equal or exceed the Minimum Investment Amount, may include architectural and engineering fees, provided the credit for such costs against the Minimum Investment Amount shall not exceed fifteen percent (15%) of the Minimum Investment Amount. The minimum investment may not include financial costs, interest, inventory, pre-opening expenses, inter-company charges related to construction, business interruption, overhead, or debt service on any construction loan, or any charges paid by Tenant to an affiliate. If Director disputes the amount of investment claimed by Tenant, Director may, at City’s expense, hire an independent appraiser to determine the cost of the investment. If the independent appraiser determines that the investment is less than the Minimum Investment Amount, the deficiency, as well as City’s costs of hiring such independent appraiser, will be paid to City by Tenant within sixty (60) days of City’s written notice of the appraiser’s determination. At any time, upon three (3) business days’ notice, City or its representatives may audit all of Tenant’s books, records and source documents related to the hard construction costs paid by Tenant to complete the Initial Improvements. If the audit reveals that the hard construction costs paid by Tenant were less than those stated in Tenant’s affidavit, then Tenant must pay City for the costs incurred by City in connection with the audit plus any additional deficiency discovered between the hard construction costs paid by Tenant and the Minimum Investment Amount. City, at City’s sole discretion, may require that Tenant comply with the terms of a Tenant Work Letter setting forth additional terms relating to Tenant’s construction of the Initial Improvements, and Tenant hereby agrees to comply with any such Tenant Work Letter.

  • Real Estate Investment Trust Commencing with its taxable year ended December 31, 2009, the Company has been organized and operated in conformity with the requirements for qualification and taxation as a real estate investment trust (“REIT”) under the Code, and its proposed method of operation will enable it to continue to meet the requirements for qualification and taxation as a REIT under the Code.

  • Acceptable Investment The Company has no knowledge of any circumstances or conditions with respect to the Mortgage Loan, the Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that can reasonably be expected to cause private institutional investors to regard the Mortgage Loan as an unacceptable investment, cause the Mortgage Loan to become delinquent, or adversely affect the value or marketability of the Mortgage Loan;

  • Investment Portfolio All investment securities held by Seller or its Subsidiaries, as reflected in the consolidated balance sheets of Seller included in the Seller Financial Statements, are carried in accordance with GAAP, specifically including but not limited to, FAS 115.

  • Equity Investment “Equity Investment” shall mean pursuant to IRC § 45D(b)(6) and 26

  • Average Invested Assets For a specified period, the average of the aggregate book value of the Assets invested, directly or indirectly, in equity interests in and loans secured by or related to real estate (including, without limitation, equity interests in REITs, mortgage pools, commercial mortgage-backed securities, mezzanine loans and residential mortgage-backed securities), before deducting depreciation, bad debts or other non-cash reserves, computed by taking the average of such values at the end of each month during such period.

  • Independent Investment No Purchaser has agreed to act with any other Purchaser for the purpose of acquiring, holding, voting or disposing of the Securities purchased hereunder for purposes of Section 13(d) under the Exchange Act, and each Purchaser is acting independently with respect to its investment in the Securities.

  • Special Purpose Funding Vehicles Notwithstanding anything to the contrary contained herein, any Lender (a “Granting Lender”) may grant to a special purpose funding vehicle identified as such in writing from time to time by the Granting Lender to the Administrative Agent and the Borrower (an “SPC”) the option to provide all or any part of any Committed Loan that such Granting Lender would otherwise be obligated to make pursuant to this Agreement; provided that (i) nothing herein shall constitute a commitment by any SPC to fund any Committed Loan, and (ii) if an SPC elects not to exercise such option or otherwise fails to make all or any part of such Committed Loan, the Granting Lender shall be obligated to make such Committed Loan pursuant to the terms hereof or, if it fails to do so, to make such payment to the Administrative Agent as is required under Section 2.12(b)(ii). Each party hereto hereby agrees that (i) neither the grant to any SPC nor the exercise by any SPC of such option shall increase the costs or expenses or otherwise increase or change the obligations of the Borrower under this Agreement (including its obligations under Section 3.04), (ii) no SPC shall be liable for any indemnity or similar payment obligation under this Agreement for which a Lender would be liable, and (iii) the Granting Lender shall for all purposes, including the approval of any amendment, waiver or other modification of any provision of any Loan Document, remain the lender of record hereunder. The making of a Committed Loan by an SPC hereunder shall utilize the Commitment of the Granting Lender to the same extent, and as if, such Committed Loan were made by such Granting Lender. In furtherance of the foregoing, each party hereto hereby agrees (which agreement shall survive the termination of this Agreement) that, prior to the date that is one year and one day after the payment in full of all outstanding commercial paper or other senior debt of any SPC, it will not institute against, or join any other Person in instituting against, such SPC any bankruptcy, reorganization, arrangement, insolvency, or liquidation proceeding under the laws of the United States or any State thereof. Notwithstanding anything to the contrary contained herein, any SPC may (i) with notice to, but without prior consent of the Borrower and the Administrative Agent and with the payment of a processing fee in the amount of $3,500 (which processing fee may be waived by the Administrative Agent in its sole discretion), assign all or any portion of its right to receive payment with respect to any Committed Loan to the Granting Lender and (ii) disclose on a confidential basis any non-public information relating to its funding of Committed Loans to any rating agency, commercial paper dealer or provider of any surety or Guarantee or credit or liquidity enhancement to such SPC.

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