Common use of Commodities Clause in Contracts

Commodities. Investments may be made in commodities and commodity-backed liquid securities as listed on a U.S. based exchange, provided that such investments in the aggregate shall not exceed 5% of Trust Assets and meet the applicable quality and maturity standards set forth in Section I and II.

Appears in 7 contracts

Sources: Indemnification & Liability, Indemnity Reinsurance Agreement, Indemnity Reinsurance Agreement (CNO Financial Group, Inc.)