Common use of Corporate Debt Securities Clause in Contracts

Corporate Debt Securities. Bonds issued by a private corporation rated A2/A/A or better by Xxxxx’x, S&P, Fitch or other NRSRO or, if not rated by any such service, are given a rating comparable to or better than the aforementioned ratings by the investment manager engaged by a Party to manage the investments in its Trust.

Appears in 3 contracts

Samples: Mine Reclamation and Trust Funds Agreement, Mine Reclamation and Trust Funds Agreement, Mine Reclamation and Trust Funds Agreement

AutoNDA by SimpleDocs

Corporate Debt Securities. Bonds issued by a private corporation rated A2/A/A or better by Xxxxx’x, S&P, Fitch or other NRSRO or, if not rated by any such service, are given a rating comparable to or better than the aforementioned ratings by the investment manager engaged by a Party Participant to manage the investments in its Trust.

Appears in 1 contract

Samples: Mine Reclamation and Trust Funds Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!