Investment Instruments Sample Clauses

Investment Instruments. The District may invest its funds only in those instruments listed below: 1. Bonds, notes, certificates of indebtedness, treasury bills or other securities now or hereafter issued by the United States of America, its agencies and allowable instrumentalities: a. Investments in Federal National Mortgage Association issues are limited to short-term discount notes. 2. Interest bearing savings accounts, interest bearing certificates of deposit or interest bearing time deposits, or any other investments constituting direct obligations of any bank as defined by the Illinois Banking Act; 3. Certificates of deposit with federally insured institutions that are collateralized or insured at levels acceptable to the District in excess of the $100,000 provided by the Federal Deposit Insurance Corporation coverage limit; 4. Collateralized repurchase agreements which conform to the requirements stated in paragraph 2(g) or 2(h) of the Act; 5. Interest-bearing bonds of any county, township, city, village, incorporated town, municipal corporation, school district, the State of Illinois, any other state, or any political subdivision or agency of the State of Illinois or any other state, whether the interest earned is taxable or tax-exempt under federal law. The bonds shall be (a) registered in the name of the municipality, county, or other governmental unit, or held under a custodial agreement at a bank, and (b) rated at the time of purchase within the 4 highest general classifications established by a rating service of nationally recognized expertise in rating bonds of states and their political subdivisions. 6. Commercial paper meeting the following requirements: a. The corporation must be organized in the United States; b. The corporation's assets must exceed $500,000,000. c. The obligations at the time of purchase must be rated within the two highest classifications by at least two standard rating services. d. The obligations cannot have a maturity longer than 180 days. e. Not more than 33% of the total investment fund can be invested in commercial paper at any time. f. The total investment in any one corporation cannot exceed 10% of the corporation's outstanding obligations.
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Investment Instruments. The following investment instruments are approved for use with the knowledge that the "Prudent Investor Rule" suggests that no particular kind of property or type of investment is inherently imprudent. It is the trustee's task to invest at a risk level that is suitable to the purposes of the trust. • Direct obligations of the U.S. Government; • Obligations backed by the full faith and credit of the United States Government; • Obligations of agencies and instrumentalities of the United States Government rated in the highest rating category by a nationally recognized rating agency; • Federally insured Certificates of Deposit, money market accounts, and/or other interest bearing accounts at commercial banks or savings & loan institutions whose Standard & Poors (S&P) long term issuer credit rating is ‘A’ or better. The amount invested in any one institution will be limited to 95% of the FDIC (if applicable) insurance coverage; • Bankers’ acceptances rated in the highest rating tier by a nationally recognized rating agency; • Commercial paper rated in the highest rating tier by a nationally recognized rating agency with not more than 5% with any one issuer and not more than 35% total. In the event the commercial paper is secured with assets, only those backed by the full faith of the US Government are permitted; • Obligations of state and local governments and public authorities rated in the two highest rating tiers by a nationally recognized rating agency; • Money market mutual funds regulated by the Securities and Exchange Commission and whose portfolios consist only of dollar-denominated securities with not more than 20% in any one fund; • Repurchase agreements collateralized daily at 102% whose underlying purchased securities consist only of the instruments listed in the categories above; • Without limiting the foregoing, any investments authorized under Section 218.415(16), Florida Statutes. The Trust may participate in a securities lending program approved by the Board of Trustees. Investment activity in the following are prohibited: • Short sales; • Margin transactions; • Commodity or future contracts; • Venture capital, private placements or initial public offerings; • Option trading; and, • Derivative transactions.
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Investment Instruments. Party B has the right to choose from among all the pension funds registered under Article 30 of Law No. 7/2017 by Party A as the investment instruments for the contributions of the non-mandatory central provident fund system in order to allocate the contributions for investment.
Sample 1
Investment Instruments the Quad-C Investment Agreement and all ----------------------------- other documents, instruments and agreements executed and delivered pursuant to the terms thereof. Quad-C Management: Quad-C Management, Inc., a Delaware corporation. ----------------- Qualified Depository: a member bank of the Federal Reserve System -------------------- having a combined capital and surplus of at least $500,000,000. Ratable Share: as to any Lender at any time, the proportion which the ------------- Principal Balance held by such Lender bears to the total Principal Balance. Real Estate: each parcel of real estate owned by any Borrower. ----------- Real Estate Held for Sale: the Real Estate identified on Schedule ------------------------- 5.5.6 as the "Real Estate Held for Sale." Red Xxxxx: as defined in the Preamble to this Loan Agreement. --------- Red Xxxxx Capital Stock: all of the issued and outstanding capital ----------------------- stock and options, warrants and other rights to acquire capital stock of Red Xxxxx.
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Investment Instruments. The Sub-Adviser may use any of the types of investments described in the Global Real Return Fund’s Prospectus and Statement of Additional Information (and any Side Letter) to implement the investment strategy.
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Investment Instruments. At the time of purchase of the investment instrument the investment Instrument must meet or exceed all of the published short term investment criteria listed below. These investment criteria assess the credit risk of the investment instrument.- They do not assess the interest rate risk and reinvestment risk of the investment instrument. The currently approved investment instruments are listed below. The maturities of these investment instruments must meet the maturity guidelines listed in Section III - PORTFOLIO STRUCTURE AND MATURITY PARAMETERS. The maturities of any investment can be based on a reset of the interest rate if there is a put within the maturity guidelines that maintains the par value of the investment. Any additions, deletions or modifications to this list must be approved in writing by Vice President, Finance and Treasurer. A. U.S. TREASURY SECURITIES - may invest in bills, notes, and bonds that are direct obligations of the United States Treasury, or those for which the full faith and credit of the United States is pledged for the payment of principal and interest thereon. B. U.S. GOVERNMENT AGENCY SECURITIES - may invest in bonds, notes, debentures, or other obligations or securities issued by a specified U.S. Federal Government Agency or a government-sponsored agency that have a line of credit with the United States Treasury The specified Agencies are FNMA, FHLB, FHLMC, and SLMC. C. REPURCHASE AGREEMENTS - may invest in repurchase agreements that are at least 100% collateralized by securities listed in Sections III.A. or III. B. The securities collateralizing the repurchase agreement must be indicated a the time of purchase as well as on the confirmation.
Sample 1
Investment Instruments. “Investment Instruments” means, without limitation, any publicly traded or non-publicly traded, U.S. or non-U.S., exchange traded or over- the-counter: (i) share of capital stock, including common stock, preferred stock, convertible stock, American Depository Receipt or Global Depository Receipt or the equivalent; (ii) general partnership, limited partnership or limited liability company interest; (iii) share of beneficial interest; (iv) investment contract, preorganization certificate or subscription; (v) bond, note, debenture (whether subordinated, convertible or otherwise), trust receipt or certificate, loan, participation, account or note receivable, trade acceptance, contract or other claim, executory contract (including any notional principal contract), instrument or evidence of indebtedness; (vi) warrant; (vii) fixed and/or variable annuity; (viii) U.S. Government security; (ix) money market instrument, commercial paper, certificate of deposit, bankers’ acceptance or other cash- equivalent instrument; (x) futures contract, forward contract or security futures contract; (xi) cash commodity instrument, swap contract or any other derivative contract; (xii) share or other beneficial interest in any entity registered as an investment company under the Investment Company Act of 1940, as amended, or share in any collective investment entity otherwise known as a “mutual fund” or the equivalent; (xiii) share or other beneficial interest in any privately offered collective investment vehicle; or (xiv) right or option to purchase or sell any of the foregoing or any securities index, including a put or call option written by the Partnership or by another.
Sample 1
Investment Instruments. Only U.S. dollar denominated fixed income and money market instruments may be utilised, provided that up to 30% of the portfolio may be invested in non-U.S. dollar denominated foreign government bonds. Use of these instruments would be restricted as follows: (A) No investment may be held at a domestic branch of a U.S. bank, however, deposits may be held at foreign branches or subsidiaries of U.S. banks. (B) No investment may be made in issues which have been registered with the S.E.C. (C) No investment may be made in instruments which, at the time of purchase, will prospectively be subject to non-reclaimable withholding tax. (D) No investment may be convertible in nature nor have warrants attaching thereto. (E) Time deposits and CD's held at any one bank may not exceed 15 percent of the portfolio at any point in time. (F) No investment may be in General Motors Corporation or any of its affiliates or subsidiaries. (G) All non-U.S. dollar denominated investments must be fully currency-hedged into U.S. dollars.
Sample 1

Related to Investment Instruments

  • Investment Instructions (a) Any investment instructions required to be given to the Trustee pursuant to the terms hereof must be given to the Trustee no later than 10:30 a.m. (New York City time) on the date such investment is to be made. In the event the Trustee receives such investment instruction later than such time, the Trustee may, but shall have no obligation to, make such investment. In the event the Trustee is unable to make an investment required in an investment instruction received by the Trustee after 10:30 a.m. (New York City time) on such day, such investment shall be made by the Trustee on the next succeeding Business Day. In no event shall the Trustee be liable for any investment not made pursuant to investment instructions received after 10:30 a.m. (New York City time) on the day such investment is requested to be made. (b) The Trustee shall hold each Eligible Investment that constitutes investment property through a securities intermediary, which securities intermediary shall agree with the Trustee that (i) such investment property at all times shall be credited to a securities account of the Trustee, (ii) all property credited to such securities account shall be treated as a financial asset, (iii) such securities intermediary shall treat the Trustee as entitled to exercise the rights that comprise each financial asset credited to such securities account, (iv) such securities intermediary shall comply with entitlement orders originated by the Trustee without the further consent of any other person or entity, (v) such securities intermediary shall not agree with any person or entity other than the Trustee to comply with entitlement orders originated by any person or entity other than the Trustee, (vi) such securities account and all property credited thereto shall not be subject to any lien, security interest, right of set-off, or encumbrance in favor of such securities intermediary or anyone claiming through such securities intermediary (other than the Trustee), (vii) such agreement between such securities intermediary and the Trustee shall be governed by the laws of the State of New York, and (viii) such securities intermediary’s jurisdiction for purposes of the Uniform Commercial Code shall be the State of New York. The Trustee shall maintain possession of each other Eligible Investment in the State of New York, separate and apart from all other property held by the Trustee. Notwithstanding any other provision of this Supplement, the Trustee shall not hold any Eligible Investment through an agent except as expressly permitted by this Section 4.13(b). Each term used in this Section 4.13(b) and defined in the New York Uniform Commercial Code shall have the meaning set forth in the New York Uniform Commercial Code. (c) With respect to investments made by the Trustee pursuant to the terms hereof, the Servicer may appoint as its agent under a separate agreement a registered investment advisor and authorize such agent to give instructions, which may be provided to the Trustee through S.W.I.F.T., on behalf of the Servicer to the Trustee for funds to be invested and reinvested in one or more Eligible Investments. The Servicer shall provide the Trustee with a written direction certifying any such appointment. The Trustee shall be entitled to conclusively rely on, and shall be protected in acting upon, instructions, which may be provided to the Trustee through S.W.I.F.T., received from such agent on behalf of the Servicer. Section 4.14. [Reserved].

  • Risk Management Instruments Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, all derivative instruments, including, swaps, caps, floors and option agreements, whether entered into for the Company’s own account, or for the account of one or more of the Company Subsidiaries or its or their customers, were entered into (i) only in the ordinary course of business, (ii) in accordance with prudent practices and in all material respects with all applicable laws, rules, regulations and regulatory policies and (iii) with counterparties believed to be financially responsible at the time; and each of such instruments constitutes the valid and legally binding obligation of the Company or one of the Company Subsidiaries, enforceable in accordance with its terms, except as may be limited by the Bankruptcy Exceptions. Neither the Company or the Company Subsidiaries, nor, to the knowledge of the Company, any other party thereto, is in breach of any of its obligations under any such agreement or arrangement other than such breaches that would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect.

  • Investment Agreement OCTOBER.2012 10

  • SETTLEMENT INSTRUCTIONS Promptly after the execution of each Securities transaction, Customer will issue to BNY Mellon Instructions to settle such transaction. Unless otherwise agreed by BNY Mellon and subject to Section 8.1, Assets will be credited to the relevant Account only when actually received by BNY Mellon.

  • Interest Rate Risk Management Instruments All interest rate swaps, caps, floors and option agreements and other interest rate risk management arrangements, whether entered into for the account of CCB or for the account of a customer of CCB or one of its Subsidiaries, were entered into in the ordinary course of business and, to CCB's knowledge, in accordance with prudent banking practice and applicable rules, regulations and policies of any Regulatory Authority and with counterparties believed to be financially responsible at the time and are legal, valid and binding obligations of CCB or one of its Subsidiaries enforceable in accordance with their terms (except as may be limited by bankruptcy, insolvency, moratorium, reorganization or similar laws affecting the rights of creditors generally and the availability of equitable remedies), and are in full force and effect. CCB and each of its Subsidiaries have duly performed in all material respects all of their material obligations thereunder to the extent that such obligations to perform have accrued; and to CCB's knowledge, there are no material breaches, violations or defaults or allegations or assertions of such by any party thereunder.

  • Debt Instruments Attached hereto as Schedule 8 is a true and correct list of all promissory notes and other evidence of indebtedness held by Holdings, the Borrower and each Subsidiary that are required to be pledged under the Guarantee and Collateral Agreement, including all applicable intercompany notes between Holdings and each Subsidiary of Holdings and each Subsidiary of Holdings and each other such Subsidiary.

  • Disbursement Instructions Borrower understands that no loan proceeds will be disbursed until all of Bank's conditions for making the loan have been satisfied. Please disburse the loan proceeds as follows: Bridge Loan ------------ Amount paid to Borrower directly: $750,000 Undisbursed Funds $ ---------- Principal $ ---------- CHARGES PAID IN CASH. Borrower has paid or will pay in cash as agreed the following charges: Prepaid Finance Charges Paid in Cash: $ ---------- $10,000 Loan Fee $ Accounts Receivable Audit Fee -------- Other Charges Paid in Cash: $ ---------- $ TBD UCC Search Fees -------- $ TBD UCC Filing Fees -------- $ TBD Patent Filing Fees -------- $ TBD Trademark Filing Fees -------- $ TBD Copyright Filing Fees -------- $ TBD Outside Counsel Fees and Expenses (Estimate) -------- Total Charges Paid in Cash $ ---------- AUTOMATIC PAYMENTS. Borrower hereby authorizes Bank automatically to deduct from Borrower's account numbered _____________the amount of any loan payment. If the funds in the account are insufficient to cover any payment, Bank shall not be obligated to advance funds to cover the payment. FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND WARRANTS TO BANK THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND THAT THERE HAS BEEN NO ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO BANK. THIS AUTHORIZATION IS DATED AS OF JUNE 26, 1996.

  • Payment Instructions Agent shall have received written instructions from Borrowing Agent directing the application of proceeds of the initial Advances made pursuant to this Agreement;

  • Investment Letter Without limiting the generality of Section 4.1, unless the offer and sale of any shares of Warrant Stock shall have been effectively registered under the Securities Act, the Company shall be under no obligation to issue the Warrant Stock unless and until the Holder shall have executed an investment letter in form and substance satisfactory to the Company, including a warranty at the time of such exercise that the Holder is acquiring such shares for its own account, for investment and not with a view to, or for sale in connection with, the distribution of any such shares.

  • Investment Intent (a) The Holder of this Option, by acceptance hereof, acknowledges that this Option and the Shares to be issued upon exercise hereof (collectively, the "Securities") are being acquired for the Holder's own account for investment purposes only and not with a view to, or with any present intention of, distributing or reselling any of such Securities. The Holder acknowledges and agrees that the Securities have not been registered under the Securities Act or under any state securities laws, and that the Securities may not be, directly or indirectly, sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act and registration or qualification under applicable state securities laws, except pursuant to an available exemption from such registration. The Holder also acknowledges and agrees that neither the Securities Exchange Commission ("SEC") nor any securities commission or other governmental authority has: (i) approved the transfer of the Securities or passed upon or endorsed the merits of the transfer of the Securities; or (ii) confirmed the accuracy of, determined the adequacy of, or reviewed this Option. The Holder has such knowledge, sophistication and experience in financial, tax and business matters in general, and investments in securities in particular, that it is capable of evaluating the merits and risks of this investment in the Securities, and the Holder has made such investigations in connection herewith as it deemed necessary or desirable so as to make an informed investment decision without relying upon the Company for legal or tax advice related to this investment. (b) The certificates evidencing any Shares issued upon the exercise of this Option shall have endorsed thereon (except to the extent that the restrictions described in any such legend are no longer applicable) the following legend, appropriate notations thereof will be made in the Company's stock transfer books, and stop transfer instructions reflecting these restrictions on transfer will be placed with the transfer agent of the Shares. THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR APPLICABLE STATE SECURITIES LAWS. THESE SECURITIES MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO REGISTRATION UNDER THE SECURITIES ACT AND REGISTRATION OR QUALIFICATION UNDER APPLICABLE STATE SECURITIES LAWS, OR PURSUANT TO AN AVAILABLE EXEMPTION THEREFROM. NO TRANSFER OF THE SECURITIES REPRESENTED HEREBY MAY BE MADE IN THE ABSENCE OF SUCH REGISTRATION OR QUALIFICATION UNLESS THERE SHALL HAVE BEEN DELIVERED TO THE ISSUER A WRITTEN OPINION OF UNITED STATES COUNSEL OF RECOGNIZED STANDING, IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER, TO THE EFFECT THAT SUCH TRANSFER MAY BE MADE WITHOUT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND REGISTRATION OR QUALIFICATION UNDER APPLICABLE STATE SECURITIES LAWS.