Financial Investments. 56. The College shall not make any investments in traded financial instruments without the prior written approval of the Department and, where appropriate, DoF nor shall it build up cash balances or net assets in excess of what is required for operational purposes. Funds held in bank accounts or as financial investments may be a factor for consideration when grant-in-aid is determined. Equity shares in ventures which further the objectives of the College shall equally be subject to Departmental and DoF approval unless covered by a specific delegation. Unconventional Financing DRAFT
Financial Investments. 48. Unless covered by a specific delegated authority the RMA shall not make any financial investments without the prior approval of the SG. That would include equity shares in ventures which further the objectives of the RMA. The RMA shall not invest in any venture of a speculative nature. Borrowing
Financial Investments. 5.13.1 NHSCT shall not make any financial investment without the prior written approval of the sponsor Department and, where appropriate, DoF, nor should it build up cash balances or net assets in excess of what is required for operational purposes. Funds held in bank accounts or as financial investments may be a factor for consideration when GIA is determined. Equity shares in ventures which further the objectives of NHSCT shall equally be subject to DoH and DoF approval unless covered by a specific delegation.
Financial Investments. 55. Unless covered by a specific delegated authority the Commission shall not make any financial investments without the prior approval of the Scottish Government. That would include equity shares in ventures which further the objectives of the Commission. The Commission shall not invest in any venture of a speculative nature. Borrowing
Financial Investments. 60. The Council shall not make any investments in traded financial instruments without prior written approval from OST. Equity shares in ventures that further the objectives of the Council shall equally be subject to OST approval unless covered by a prior approval. Unconventional financing
Financial Investments. 8.1. The values frozen in the CENTRALIZING ACCOUNT will be invested in credit instruments, securities or fund quotas, considered low risk by BNDES (“Financial Investments”), acquired with the funds deposited and frozen in the CENTRALIZING ACCOUNT, as indicated by BRASIL TELECOM, below. If BRASIL TELECOM does not indicate the financial investments in 5 (five) days counted from the request by the CENTRALIZING BANK, the CENTRALIZING BANK is herewith authorized by BRASIL TELECOM to invest the values deposited in the CENTRALIZING ACCOUNT in Financial Investments.
Financial Investments. The Overfund Trust shall promptly invest, or cause the investment of, all amounts authorized or required to be invested by it under the terms of the Overfund Trust Agreement in such El Paso Debt Securities or other Financial Investments that amortize to generate payments to the Overfund Trust in amounts and at the times at least sufficient to pay on each Distribution Date the amounts described in clauses (b)(i) and (b)(iii) of the definition of Class A Member's Priority Return due and owing on such Distribution Date as El Paso shall direct from time to time by written notice to the Overfund Trust and the Indenture Trustee signed by a Responsible Officer of El Paso; provided, that in the event an El Paso Debt Obligation Repayment Event occurs, any El Paso Debt Securities or other loans to El Paso (other than loans constituting Financial Investments issued by El Paso) from the Overfund Trust shall by their terms become due and payable immediately, subject to any applicable grace period, or, in the case of demand loans, be deemed on the date such event occurs, to be subject to a demand for repayment. If any El Paso Debt Obligation Repayment Event occurs and El Paso is required to repay any El Paso Debt Obligations held by the Overfund Trust, subject to the provisions of the Indenture, the Indenture Trustee shall, as promptly as possible, invest such funds, or cause such funds to be invested, in Financial Investments described in clause (d) of the definition thereof that mature no later than the Maturity Date. The investment of any such amounts in Financial Investments by the Indenture Trustee in accordance with this Agreement and the Indenture shall be deemed to satisfy the obligations of the Overfund Trust under this Section 5.5(a).
Financial Investments. Subject to the Indenture Trustee's rights of control and rights as entitlement holder, the Indenture Trustee shall promptly invest all amounts authorized or required to be invested by it under the terms of the Indenture in such Financial Investments as El Paso shall direct from time to time by written direction to the Indenture Trustee signed by a Responsible Officer of El Paso; provided, that upon the occurrence of an El Paso Debt Obligation Repayment Event, the provisions of Section 5.5(a) hereof shall govern.
