Common use of Investment Plan Clause in Contracts

Investment Plan. ‌ (a) Without limiting the provisions of Section 3.01, ONE JIB acknowledges that the applicable Investment Plan, adopted and maintained by ONE JIB in respect of the Applicant Municipality, as a Participating Municipality, is required to deal with how ONE JIB will invest such municipality’s money consistent with such municipality’s IPS and is required to set out ONE JIB’s projections of the proportions of such municipality’s portfolio of investments to be invested at the end of the year in each type of security selected by ONE JIB and may include other requirements. The Investment Plan for the Applicant Municipality shall be delivered to the Applicant Municipality in the manner set out in Section 16.01. (b) Amendments to the Applicant Municipality’s Investment Plan shall only be made as set out in Sections 5.03 and 5.04.

Investment Plan. ‌ (a) Without limiting the provisions of Section 3.01, ONE JIB acknowledges that the applicable Investment Plan, adopted and maintained by ONE JIB in respect of the Applicant Municipality, as a Participating Municipality, is required to deal with how ONE JIB will invest such municipality’s money consistent with such municipality’s IPS and is required to set out ONE JIB’s projections of the proportions of such municipality’s portfolio of investments to be invested at the end of the year in each type of security selected by ONE JIB and may include other requirements. The Investment Plan for the Applicant Municipality shall be delivered to the Applicant Municipality in the manner set out in Section 16.01. (b) Amendments to the Applicant Municipality’s Investment Plan shall only be made as set out in Sections 5.03 and 5.04.