Investment Authorization. As of the Closing, all action on the part of Subscriber, and its officers, directors and partners, if applicable, necessary for the authorization, execution and delivery of this Agreement and the performance of all obligations of the Subscriber hereunder and thereunder shall have been taken, and this Agreement, assuming due execution by the parties hereto and thereto, constitute valid and legally binding obligations of the Subscriber, enforceable in accordance with their respective terms, subject to: (i) judicial principles limiting the availability of specific performance, injunctive relief, and other equitable remedies and (ii) bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect generally relating to or affecting creditors’ rights.
Investment Authorization. Client appoints Adviser as agent and attorney-in-fact with respect to investments on behalf of the Account. Adviser shall carry out such investing only upon written instructions received from Client. Pursuant to such instructions, Adviser shall direct the purchase, sale, exchange, conversion or other acquisition or disposition of shares of the Fund(s), as well as arrange for delivery and payment, and act on behalf of Client in all other matters incidental to the handling of Account investments as directed by Client. Client grants Adviser full authorization to issue such instructions, and engage in such transactions, as may be appropriate in connection with the management of the Account.
Investment Authorization. The undersigned corporation has all requisite authority to acquire the Shares hereby subscribed for, and to enter into the Subscription Agreement, the Stock Purchase Agreement, the Registration Rights Agreement, the Securityholders' Agreement and the Securities Restriction Agreement; and further, the undersigned officer of the subscribing entity has been duly authorized by all requisite action on the part of such entity to execute this Omnibus Signature Page and on its behalf.
Investment Authorization. The provisions of the Plan Service Agreement in which the Employer defines the investment options available to the person or entity with investment management authority.
Investment Authorization a. The Investment Officer may invest in repurchase agreements composed of only those investments based on the requirements set forth by the City's Master Repurchase Agreement. All firms entering into an agreement are required to execute a Master Repurchase Agreement prior to the execution of a repurchase agreement transaction.
b. A third party custodian with whom the City has a current custodial agreement shall hold the collateral for all repurchase agreements with a term longer than one (l) business day. A clearly marked receipt that shows evidence of ownership must be supplied tothe Investment Officer and retained.
c. Securities authorized for collateral are negotiable direct obligations of the United States Government, Government Agencies, and Federal Instrumentalities with maturities under five (5) years and must have a market value for the principal and accrued interest of I 02 percent of the value and for the term of the repurchase agreement. Immaterial short- term deviations from the 102 percent requirement are permissible only upon approval of the Investment Officer.
Investment Authorization. The Investment Officer may invest in money market accounts placed with financial institutions qualifying as public depositories as provided in Chapter 280, Florida Statutes.
Investment Authorization. The Investment Ofli.cer may invest in shares in open-end or no-load provided such funds are registered under the Federal Investment Company Act of 1940 and operated in accordance with 17 C.F.R. § 270.2a-7. In addition, the Investment Ofli.cer may invest in other types of mutual funds provided such funds are registered under the Federal Investment Company Act of 1940, invest exclusively in the securities specifically permitted under this investment policy, and are similarly diversified.
Investment Authorization. The Investment Officer may invest in commercial paper of any United States company that is rated, at the time of purchase, "Prime-I" by Moody's and "A- l" by Standard & Poor's (prime commercial paper). Ifthe commercial paper is backed by a letter of credit ("LOC"), the long-term debt of the LOC provider must be rated "A" or better by at least two nationally recognized rating agencies.
Investment Authorization. Any two “Authorized Officers” have the authority to retain investment advisers, open securities accounts, and transfer cash or securities between sub-portfolios, securities custodial accounts or the Company’s cash concentration account. Any one Authorized Officer may transfer cash between the Company’s cash concentration account and its money market account or other operating account utilized for meeting the Company’s immediate liquidity needs. Authorized Officers means the SVP & Chief Financial Officer and the Vice President Tax & Treasury. Investment authorization under this Policy may not be delegated to others by the Authorized Officers.
Investment Authorization. The undersigned retirement plans has all requisite authority to acquire the Shares hereby subscribed for and to enter into the Subscription Agreement and further, the undersigned Signatory of the subscribing entity has been duly authorized by all requisite action on the part of such entity to execute this Signature Page on its behalf.
