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Investment types Sample Clauses

Investment types. For the purposes of this agreement, AIMS may from time to time manage investments for the Investor consisting of financial products, as defined in the FAIS Act, specifically securities and instruments, and participatory interests in collective investment schemes. Such investments may from time to time be managed in the form of individual financial products, or in the form of managed portfolios consisting of combinations of such financial products, as selected by the Investor in writing below. AIMS shall not invest in any foreign investments as part of the managed portfolios set out in clause 3 below, but shall only make use of South African investments.
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Investment types. Both Parties shall determine and stipulate the terms and conditions for the Investment Commitment in writing prior to the release of funds to the Company.
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Investment types. The Partnership shall not acquire Investments in any Portfolio Company that, at the time of acquisition of such Investment, operates in any of the sensitive sectors set out in the UK Subsidiary Control Regime: Statutory Guidance (as amended or replaced) as at the time of such acquisition (as is currently available xxxxx://xxx.xxx.xx/government/publications/uk-subsidy-control-statutory-guidance) or is expected to operate in any of such sensitive sectors in the future: Investments by the Partnership shall be in businesses: whose principal place of business is in the UK; and whose registered address is in the UK; and where the Investment by the Partnership is predominantly related to the economy of the UK; and where at least [66] per cent of the Executive Management Team are tax residents in the UK; and the above is part of the core plan for the business and no immediate changes are anticipated to the above post-investment. Notwithstanding the above, the Partnership may not acquire any Investment in any Portfolio Company which: at the time of acquisition of such Investment, contravenes the law or accepted standards of moral or ethical behaviour, or is associated with such activities. In the case of doubt, the Manager may consult with the Preferred Partner as to the type of Investment proposed to be made, and the Manager and the Partnership shall not be considered to be in breach of this restriction when following the guidance subsequently provided by the Preferred Partner; or at the time of initial Investment operates in a business or sector that could reasonably be expected to cause embarrassment to the Preferred Partner in view of its status as a governmental body or entity owned or controlled by a governmental body. In the case of doubt regarding the application of these restrictions, the Manager may consult with the Preferred Partner as to the type of Investment proposed to be made and the Manager and the Fund shall not be considered to be in breach of this restriction where they follow the guidance subsequently provided by the Preferred Partner. Investments acquired by the Partnership shall take the form of the subscription, commitment or advance of additional funds to a Portfolio Company ("Fresh Capital") and not the purchase of securities from existing shareholders, creditors or other investors, including but not limited to the buy-out of a Portfolio Company by an existing management team or the buy-in of a Portfolio Company by an external management t...
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Investment types. Consistent with the GFOA Policy Statement State Statutes Concerning Investment Practices, the following investments will be permitted by this policy and are those defined by state law where applicable: 1. U.S. government obligations, U.S. government agency obligations, and U.S. government instrumentality obligations, which have a liquid market with a readily determinable market value; 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. Short term obligations of corporations organized in the United States with assets exceeding $500,000,000 if (i) such obligations are rated at the time of purchase at the highest classification established by at least 2 standard rating services and which mature not later than 270 days from the date of purchase, (ii) such purchases do not exceed 10% of the corporation's outstanding obligations and (iii) no more than one-third of the public agency's funds may be invested in short term obligations of corporations; [AC4] 4. Repurchase agreements whose underlying purchased securities consist of paragraph (1) of this subsection;[AC5] 5. Money market mutual funds registered under the Investment Company Act of 1940, provided that the portfolio of any such money market mutual fund is limited to obligations described in paragraph (1) of this subsection and to agreements to repurchase such obligations[AC6] 6. Local government investment pools; 7. Municipal bonds issued by a county, township, city, village, incorporated town, school district, park district, sanitary district, or other municipal corporation, or bonds and other interest bearing obligations of the State of Illinois, or of any political subdivision or agency of the State of Illinois or of any other state, whether the interest earned thereon is taxable or tax-exempt under federal law. The bonds shall be registered in the name of the District, or held under a custodial agreement at a bank. The bonds shall be rated at the time of purchase within the 3 highest general classifications established by a rating service of nationally recognized expertise in rating bonds of states and their political subdivisions.[AC7] 8. Any other investment allowed by Illinois Compiled Statutes.
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Investment types. The Fund’s target investment types are preferred equity, mezzanine debt, and B-Notes. For clarity, a first mortgage originated with the intent of creating preferred equity, mezzanine and B-Notes are included in this target.
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Investment types. (choose one)
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Investment types. Listed below are available investment opportunities currently permitted by banking regulations and their current risk weight under the FDIC Risk-Based Capital Guidelines: FEDERAL FUNDS (OVERNIGHT) These are very short-term (less than 7 days) sales to other banks of available balances in excess of requirements. They are defined by regulatory authorities as “sales of assets” and are therefore not subject to lending limitations other than those self-imposed by the Bank within its Limitations on Interbank Liabilities compliance statement. Current risk weight: 20%. FEDERAL FUNDS (TERM) These are essentially fixed-rate advances made to other banks for terms beyond one business day. The market generally specifies maturities of one, two, three, six and twelve months. They are treated as loans (although not evidenced by notes) and are subject to lending limitations as well as those imposed by the Bank’s Limitations on Interbank Liabilities statement. Current risk weight: 20%. BANKER’S ACCEPTANCES Notes, which have been accepted and discounted by a bank. The primary obligor is the accepting bank. In the event of default by the bank, recourse to the maker of the note is available. There is an organized secondary market wherein these obligations may be bought and sold. Legal lending limits apply. Current risk weight 20%. RESELL AGREEMENTS These are short term investments were Oriental buys a security with an agreement to sell back. The difference between the buy and sell prices is the yield of the investment. The type of security bought with agreement to resell sets the credit risk of the transaction. When the transaction is shorter than a week, there might not be delivery of the security. PURCHASE/PUT BACK TRANSACTIONS From time to time the Bank can take advantage of opportunities in the markets by purchasing securities with a put back to the broker/dealer at a guaranteed price in the future. The put eliminates the market risk from the transaction and the Bank is guaranteed the spread during the period it owns the security. This transaction is very similar to a repurchase agreement since the broker/dealer is committed to purchasing the security at a pre-arranged price. Therefore, purchase put back transactions will be subject to the same credit limits as resell agreements, if the following conditions are met: 1. The put price must be negotiated the same day the security is purchased. 2. The security purchased must comply with the credit policy of these guidelines. 3....
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Investment types. 3.1 The Partnership shall not acquire Investments in any Portfolio Company that, at the time of acquisition of such Investment, operates in any of the restricted sectors referred to below or is expected to operate in any of such restricted sectors in the future: (a) synthetic fibres and yarns; (b) motor vehicles; (c) ship building; (d) steel (European Community) products; (e) steel (non-European Community) products; (f) coal; (g) transport; and (h) the production (including the relevant means of productions in fisheries and aquaculture sectors), processing or marketing of products listed in [Annex I referred to in Article 32 of the EC Treaty.] 2 To be converted to a Sterling amount on the date investors are first admitted to the partnership. 3.2 Investments by the Partnership shall be in businesses whose principal place of business is in the United Kingdom, or where the Investment by the Partnership is predominantly related to, or demonstrably for the benefit of, the economy of the United Kingdom in each case at the time of the acquisition of the first Investment by the Partnership. 3.3 Notwithstanding the above, the Partnership may not acquire any Investment in any Portfolio Company which, at the time of acquisition of such Investment, contravenes the law or accepted standards of moral or ethical behaviour, or is associated with such activities. In the case of doubt, the Manager may consult with the Investor Committee as to the type of Investment proposed to be made, and the Manager and the Partnership shall not be considered to be in breach of this restriction when following the guidance subsequently provided by the Investor Committee. 3.4 Investments acquired by the Partnership shall take the form of the subscription, commitment or advance of additional funds to a Portfolio Company (“Fresh Capital”) and not the purchase of securities from existing shareholders, creditors, or other investors, except: (a) where [an investment is to support either the buy-out of a Portfolio Company by an existing management team or the buy-in of a Portfolio Company by an external management team and] an amount equal to at least half of the amount being invested by the Partnership is in Fresh Capital and following such investment at least 65% of the issued share capital of the Portfolio Company is held by persons who were not, directly or indirectly, shareholders, creditors or other investors of the Portfolio Company [or its Associates] immediately prior to such investment;...
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Related to Investment types

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • Investment Options You may direct the investment of your funds within this IRA into any investment instrument offered by or through the Custodian. The Custodian will not exercise any investment discretion regarding your IRA, as this is solely your responsibility. There are certain fees and charges connected with your IRA investments. These fees and charges may include the following. • Sales Commissions • Set Up Fees • Investment Management Fees • Annual Maintenance Fees • Distribution Fees • Surrender or Termination Fees To find out what fees apply, refer to the investment prospectus or contract. There may be certain fees and charges connected with the IRA itself. (Select and complete as applicable.) Annual Custodial Service Fee* $ No Charge Overnight Distribution $ 16.50 Wire Fee $ 12.50 Transfer Out Fee $ The greater of $100.00 or $25.00 per position Other (Explain) We reserve the right to change any of the above fees after notice to you, as provided in your IRA agreement. *The annual custodial fee will be borne by your Investment Advisor.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Portfolios The Target Portfolio and Acquiring Portfolio covenant and agree to dispose of certain assets prior to the Closing Date, but only if and to the extent necessary, so that at Closing, when the Assets are added to the Acquiring Portfolio’s portfolio, the resulting portfolio will meet the Acquiring Portfolio’s investment objective, policies and restrictions, as set forth in the Acquiring Portfolio’s Prospectus, a copy of which has been delivered to the Target Portfolio. Notwithstanding the foregoing, nothing herein will require the Target Portfolio to dispose of any portion of the Assets if, in the reasonable judgment of the Target Portfolio’s Directors or investment adviser, such disposition would create more than an insignificant risk that the Reorganization would not be treated as a “reorganization” described in Section 368(a) of the Code.

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing: (i) Scheduled installments of principal and interest on the Mortgage Loans received or advanced by the applicable Servicers which were due on the related Due Date, net of the Servicing Fees due the applicable Servicers and less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; (ii) Payoffs and the proceeds of other types of liquidations of the Mortgage Loans received by the applicable Servicer for such Mortgage Loans during the applicable Payoff Period, with interest to the date of Payoff or liquidation less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; and (iii) Curtailments received by the applicable Servicers in the Prior Period. At its option, the Master Servicer may invest funds withdrawn from the Custodial Accounts for P&I, as well as any Buydown Funds, Insurance Proceeds and Liquidation Proceeds previously received by the Master Servicer (including amounts paid by the Company in respect of any Purchase Obligation or its substitution obligations set forth in Section 2.07 or Section 2.08 or in connection with the exercise of the option to terminate this Agreement pursuant to Section 9.01) for its own account and at its own risk, during any period prior to their deposit in the Certificate Account. Such funds, as well as any funds which were withdrawn from the Custodial Accounts for P&I on or before the Withdrawal Date, but not yet deposited into the Certificate Account, shall immediately be deposited by the Master Servicer with the Investment Depository in an Investment Account in the name of the Master Servicer and the Trust for investment only as set forth in this Section 3.03. The Master Servicer shall bear any and all losses incurred on any investments made with such funds and shall be entitled to retain all gains realized on such investments as additional servicing compensation. Not later than the Business Day prior to the Distribution Date, the Master Servicer shall deposit such funds, net of any gains (except Payoff Earnings) earned thereon, in the Certificate Account. (b) Funds held in the Investment Account shall be invested in (i) one or more Eligible Investments which shall in no event mature later than the Business Day prior to the related Distribution Date (except if such Eligible Investments are obligations of the Trustee, such Eligible Investments may mature on the Distribution Date), or (ii) such other instruments as shall be required to maintain the Ratings.

  • Investment Risk Buyer understands that its investment in the securities constitutes high risk investment, its investment in the Securities involves a high degree of risk, including the risk of loss of the Buyer’s entire investment.

  • Investment Risks Purchaser understands that purchasing Securities in the Offering will subject Purchaser to certain risks, including, but not limited to, each of the following: (i) The offering price of the Securities offered hereby has been determined solely by the Company and does not necessarily bear any relationship to the value of the Company’s assets, current or potential earnings of the Company, or any other recognized criteria used for measuring value, and therefore, there can be no assurance that the offering price of the Shares is representative of the actual value of the underlying Securities. (ii) In order to fund its operations, attract and retain employees, consultants and other service providers, pursue business opportunities as they arise, which may include the acquisition of businesses or assets, and satisfy other obligations, the Company may be required to issue additional shares of Common Stock, securities exercisable or convertible into shares of Common Stock, or debt. Such securities may be issued for a purchase price consisting of cash, services or other consideration that may be materially different than the purchase price of the Shares. The issuance of any such securities may result in substantial dilution to the relative ownership interests of the Company’s existing shareholders and substantial reduction in net book value per share. Additional equity securities may have rights, preferences and privileges senior to those of the holders of Common Stock, and any debt financing may involve restrictive covenants that may limit the Company’s operating flexibility. (iii) The Company has provided herein that it intends to use the net proceeds from the Offering for general working capital purposes and other general corporate purposes which may include the acquisition of businesses or assets. Thus, Purchaser is making its investment in the Securities based in part upon very limited information regarding the specific uses to which the net proceeds will be applied. (iv) An investment in the Securities may involve certain material legal, accounting and federal and state tax consequences. Purchaser should consult with its legal counsel, accountant and/or business adviser as to the legal, accounting, tax and related matters accompanying such an investment.

  • Investment Program The Subadviser is hereby authorized and directed and hereby agrees, subject to the stated investment objective and policies of the Fund as set forth in the Trust’s current Registration Statement and subject to the supervision of the Adviser and the Board of Trustees of the Trust, to (i) develop and furnish continuously an investment program and strategy for the Fund in compliance with the Fund’s investment objective and policies as set forth in the Trust’s current Registration Statement, (ii) provide research and analysis relative to the investment program and investments of the Fund, (iii) determine (subject to the overall supervision of the Board of Trustees of the Trust) what investments shall be purchased, held, sold or exchanged by the Fund and what portion, if any, of the assets of the Fund shall be held in cash or cash equivalents, and (iv) make changes on behalf of the Trust in the investments of the Fund. In accordance with paragraph 2(ii)(b), the Subadviser shall arrange for the placing of all orders for the purchase and sale of securities and other investments for the Fund’s account and will exercise full discretion and act for the Trust in the same manner and with the same force and effect as the Trust might or could do with respect to such purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or transactions. The Subadviser will make its officers and employees available to meet with the Adviser’s officers and directors on due notice at reasonable times to review the investments and investment program of the Fund in light of current and prospective economic and market conditions. The Subadviser is authorized on behalf of the Fund to enter into agreements and execute any documents required to make investments pursuant to the Prospectus as may be amended from time to time. The Subadviser’s responsibility for providing portfolio management services hereunder shall be limited to only those assets of the Fund which the Adviser determines to allocate to the Subadviser (those assets being referred to as the “Fund Account”), and the Subadviser agrees that it shall not consult with any investment advisor(s) (within the meaning of the 0000 Xxx) to the Fund or any other registered investment company or portfolio series thereof under common control with the Fund concerning transactions for the Fund Account in securities or other assets such that the exemptions under Rule 10f-3, Rule 12d-3 and/or Rule 17a-10 under the 1940 Act would not be available with respect to the Fund. The Subadviser shall exercise voting authority with respect to proxies that the Fund is entitled to vote by virtue of the ownership of assets attributable to that portion of the Fund for which the Subadviser has investment management responsibility; provided that the exercise of such authority shall be subject to periodic review by the Adviser and the Trustees of the Trust; provided, further that such authority may be revoked in whole or in part by the Adviser if required by applicable law. The Subadviser shall exercise its proxy voting authority hereunder in accordance with such proxy voting policies and procedures as the Trust may designate from time to time. The Subadviser shall provide such information relating to its exercise of proxy voting authority hereunder (including the manner in which it has voted proxies and its resolution of conflicts of interest) as reasonably requested by the Adviser from time to time. In the performance of its duties hereunder, the Subadviser is and shall be an independent contractor and except as expressly provided for herein or otherwise expressly provided or authorized shall have no authority to act for or represent the Fund or the Trust in any way or otherwise be deemed to be an agent of the Fund, the Trust or of the Adviser. If any occasion should arise in which the Subadviser gives any advice to its clients concerning the shares of a Fund, the Subadviser will act solely as investment counsel for such clients and not in any way on behalf of the Trust or the Fund.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto, except for, subject to the relevant Control Agreement, the account bank party to such Control Agreement; (a) Schedule 2 sets forth under the heading “Deposit Accounts” all of the Deposit Accounts in which such Grantor has an interest and, except as otherwise disclosed to the Administrative Agent, such Grantor is the sole account holder of each such Deposit Account and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having either sole dominion and control (within the meaning of common law) or “control” (within the meaning of Section 9-104 of the UCC) over, or any other interest in, any such Deposit Account or any money or other property deposited therein, except for, subject to the relevant Control Agreement, the account bank party to such Control Agreement; and (b) Except as otherwise permitted under Section 5.6 and Section 5.7, such Grantor has taken all actions necessary or desirable to: (i) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any Certificated Securities (as defined in Section 9-102 of the UCC); (ii) establish the Administrative Agent’s “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over any portion of the Investment Accounts constituting Securities Accounts, Commodity Accounts, Securities Entitlements or Uncertificated Securities (each as defined in Section 9-102 of the UCC); (iii) establish the Administrative Agent’s “control” (within the meaning of Section 9-104 of the UCC) over all Deposit Accounts other than Exempt Accounts; and (iv) deliver all Instruments (as defined in Section 9-102 of the UCC) to the Administrative Agent to the extent required hereunder, provided, that the Administrative Agent shall not send a notice of sole control or similar notice unless an Event of Default has occurred and is continuing.

  • Investment Limits In the performance of its duties and obligations under this Agreement, Subadviser shall act in conformity with applicable limits and requirements, as amended from time to time, as set forth in the (A) Fund's Prospectus and Statement of Additional Information ("SAI"); (B) instructions and directions of AEFC and of the Board; (C) requirements of the 1940 Act, the Internal Revenue Code of 1986, as amended, as applicable to the Fund, and all other applicable federal and state laws and regulations; and (D) the procedures and standards set forth in, or established in accordance with, the Advisory Agreement.

Most Referenced Clauses

Most Referenced Definitions