Cash and Investments. All cash and cash equivalents on hand or in bank accounts and other cash items and investment securities of Seller on the Closing Date.
Cash and Investments. The carrying value of cash and investments held by the QSA JPA as of June 30 consisted of the following: 2021 2020 Deposits $ 10,300 $ 10,327 Investments 32,113,637 45,167,388 Total cash and investments $ 32,123,937 $ 45,177,715 The QSA JPA uses the investment policy of the SDCWA for purposes of investments. The following table identifies the investment types that are authorized for the QSA JPA by the California Government Code (Gov’t Code), Sections 53600 et seq, and the QSA JPA’s Investment Policy (Inv. Policy). The table also identifies certain provisions of the California Government Code (or the QSA JPA’s investment policy, if more restrictive) that address interest rate risk, credit risk, and concentration of credit risk. Maximum Maturity Maximum Percentage of Portfolio Maximum Investment in One Issuer Minimum Rating Municipal Securities None None None 30% None 5% None "A" U.S. Treasury securities None None None None None None None None Federal agency securities None None None None None None None None Bankers' acceptances 180 days 180 days 40% 40% 30% 5% None "A-1" Commercial paper 270 days 270 days 40% (6) 30% 10% (7) 5% "A-1" "A-1" Non-Negotiable Certificates of Deposit 5 years 5 years None 30% (1) None None None None Placement service deposits 5 years 5 years 50% 30% (1) None None None None Negotiable Certificates of Deposit 5 years 5 years 30% 30% (1) None 5% None "A-1" or "A" Repurchase agreements 1 year 1 year None 20% None None None "A" Medium-term notes 5 years 5 years 30% 30% None 5% "A" "A" Mutual funds n/a n/a 20% 20% 10% 10% AAA (2) AAA (2) Money market mutual funds n/a n/a 20% 20% None 20% AAA (2) AAA (2) Mortgage pass-through and asset backed securities (3) 5 years 5 years 20% 20% None 5% "AA" "AA" County pooled investment funds n/a (4) None (4) None (4) None (4) JPA pools (other investment pools) n/a n/a None 25% None 25% None AAA Supranationals 5 years 5 years 30% 15% None 5% "AA" "AA" Local agency investment fund (LAIF) n/a n/a None (5) None None None None Notes:
Cash and Investments. All cash on hand or in bank accounts, and any and all other cash equivalents, including without limitation certificates of deposit, commercial paper, treasury bills, asset or money market accounts and all such similar accounts or investments, or notes or other entitlements evidencing loans receivable and any securities owned or held by Seller;
Cash and Investments. All cash on hand or in bank accounts and all cash equivalents and similar investments of Seller, such as certificates of deposit.
Cash and Investments. 1. All monies received by the Product Provider in respect of your Platform Products will be held by the Product Provider in a Client Money Bank Account. Client Money Bank Accounts are designated as trust accounts and are segregated from the Product Provider’s own funds in accordance with the FCA Rules on Client Money. Client Money Bank Accounts are pooled accounts with one or more banks. In the event of a bank’s failure, your claim will be for a share of the cash held in all pooled accounts at the bank.
2. When considering where a Client Money Bank Account should be held, the Product Provider will exercise all due skill, care and diligence and will periodically review the adequacy and appropriateness of any bank or credit institution where Client Money is deposited and of the arrangements for holding Client Money. It is important to note that the Product Provider is not responsible for any acts, omissions or default of a credit institution or bank chosen by it, only for taking care in its choice and monitoring of such banks or credit institutions.
3. Interest may be paid to the Product Provider by banks with which it holds deposit accounts on your behalf. Currently no interest will be paid to your Platform Product(s). If Interest becomes payable on any of your Platform Products, the rates of Interest will be disclosed to you and the Product Provider will (and you authorise the Product Provider to) deduct such charges as HMRC imposes from time to time on interest payments. The Product Provider will retain any differences between the interest received from the banks and the amounts paid to your Platform Product.
4. Dividends or other income received will be credited to your Platform Product on the day of receipt wherever practicable but no later than 10 Business Days after receipt. Any income received in the form of cash will be credited to your Platform Product.
5. Title to all investments, other than cash, are held by the Product Provider in a pooled investment (omnibus) account registered in the name of the Product Provider’s nominee or by an approved third party custodian. This means that individual client entitlements may not be identified by individual entries in the records of the nominee. If there is a shortfall following default by the nominee all client accounts will share proportionally in that shortfall. The Product Provider accepts no responsibility for the default or failure of a custodian or nominee. However, this does not limit the Product Pr...
Cash and Investments. All cash on hand or in bank accounts.
Cash and Investments. All cash on hand or in bank accounts and other cash items, cash equivalents, and short-term investments;
Cash and Investments. All cash (including checks received prior to the close of business on the Closing Date, whether or not deposited or cleared prior to the Closing Date), including, without limitation, cage cash, drop boxes, valet register, commercial paper, certificates of deposit and other bank deposits and other cash equivalents, except for Cash on Hand, insurance proceeds and condemnation awards with respect to Assets;
Cash and Investments. All cash items, securities and financial instruments of the Seller, not included in Net Working Capital as of the Closing Date;
Cash and Investments. The cash and investments (if any) of the Howlong Country Golf Club will be transferred (in accordance with clause 16) to the general reserves of the Amalgamated Club.
