MATURITY STRUCTURE Sample Clauses

MATURITY STRUCTURE. The targeted average life for the The maturity distribution of the portfolio is a range of 6-13 years. portfolio will be a function of expected liability cash flows, and the term structure of interest rates.
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MATURITY STRUCTURE. The maximum final maturity of any one security will be 13 months; at least 20% of the portfolio will have a maturity of 1 day. Commercial paper will have a maximum maturity of 270 days; repurchase agreements will have a maximum maturity of 7 days. PERMISSIBLE INVESTMENTS Maximum % of Portfolio Special Instructions ------------ -------------------- Asset-Backeds 2(a)7 eligible 50% bond funds only Bankers Acceptances 25% Certificates of Deposit 50% Commercial Paper 100% Euro Time Deposits 50% Funding Agreements - 7 day put 35% Repurchase Agreements (Treasury only) 100% 101% minimum collateralization U.S. Corporate Debt Securities 50% U.S. Treasuries and Agencies 100% Money Market Funds 100% Yankee Debt 25% bond funds only Securities with maturities greater than one year must have a minimum credit rating of "AA" or its equivalent as rated by any nationally recognized statistical rating organizations ("NRSROs") from which it receives a rating. Securities with maturities less than one year must have a minimum credit rating of "A1," "P1" or its equivalent as rated by any NRSROs from which it receives a rating. List of eligible issuers (or, for Asset Backed securities, sponsors) of each type of investment described above must be approved in advance by Denver Investment Advisors ("DIA"). DIVERSIFICATION The maximum amount that any portfolio can invest or hold in the securities of any single issuer, other than U.S. Treasuries and Agencies, is 1.5% of the value of the total assets of the related Fund. All securities must be U.S. dollar denominated. All securities domestic only, except that Euro Time Deposits, Yankee Bankers' Acceptances, Yankee Certificates of Deposit and Yankee Debt (including commercial paper) are permitted for Funds other than Blue Chip Fund but will not aggregate more than 50% of any portfolio. Unless PaineWebber is otherwise notified by DIA, all foreign securities must be held in custody by the relevant Fund's U.S. custodian without the use of a foreign sub-custodian or securities depository. SCHEDULE A (FORM(S) OF BORROWING AGREEMENT) SECURITIES LOAN AGREEMENT (BORROWER) SECURITIES LOAN AGREEMENT dated as of _____________, 199_, by and between PAINEWEBBER INCORPORATED, as agent for the Accounts (in such capacity and not in its individual capacity, PaineWebber Incorporated is hereinafter referred to as "Lender"), and ______________ ("Borrower") setting forth the terms and conditions under which Lender, on behalf of one or more Accounts identifi...
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MATURITY STRUCTURE. All securities shall mature within 24 months from original settlement date - All auction rate securities must reset within 24 months from original settlement date - Average life of the portfolio shall not exceed 12 months - All securities shall be held to maturity VII Safekeeping- all securities firms with whom the company does business must be qualified to safekeep securities on the company's behalf at no charge. The CFO will authorize these firms to hold securities. VIII Investment Policy Review - This policy will be reviewed annually by the CFO to ensure that it remains consistent with the financial objectives of the company and current market conditions. SCHEDULE 5.1 LISTS OF JURISDICTIONS IN WHICH BORROWER AND/GUARANTOR ARE ORGANIZED
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Related to MATURITY STRUCTURE

  • Credit Structure If the PTD Service Level Standard is not met, it is a Service Issue and is considered a Service Restoration Priority 2. If the PTD metric for a pair of Customer Connections or Customer Sites is not being met, Customer may be eligible for a credit. To obtain a credit, a trouble ticket must be opened with Verizon when a PTD Service Level Standard is not being met or if a Service Issue is identified. Verizon will work with Customer to confirm that a PTD issue exists and repair the problem(s), as applicable. Once Verizon confirms that the PTD Service Level Standard is not being met, Verizon will have 30 calendar days to repair the Service to meet the PTD Service Level Standard and close the applicable trouble ticket, and in such an event, Customer will not be eligible for a credit. If, after 30 calendar days of opening the trouble ticket, the PTD Service Level Standard continues to not be met, Customer will qualify for a credit. Customer’s measurement of PTD prior to opening a trouble ticket may be considered by Verizon in determining the need to repair the Service. Packet Transit Delay (PTD) 20% 5.4.4.1 Service Issues occur between pair Ports of the Private IP Network. Consequently, two Customer connections will be impacted by each Service Issue. For Service Issue Service Level Standard credit purposes, the MRC will be defined as the average of the MRCs for each of the two impacted Customer Connections.

  • Fee Structure In consideration of Consultant providing services, Municipality shall pay Consultant for Services performed in accordance with Exhibit A – List of Services and Fee Schedule.

  • PRICING STRUCTURES Licenses and Support Services for the Licensed Programs to which this OST applies are granted according to the pricing structures mentioned in the related Transaction Document. Standard pricing structures are defined in the section “DEFINITIONS” of this OST, even though those pricing structures may not be applicable to the DS Offerings to which this OST applies. Other pricing structures may be made available on a case by case basis.

  • Master Feeder Structure If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

  • FIRM DISCOUNT AND PRICING STRUCTURE Contractor guarantees that prices quoted are equal to or less than prices quoted to any other local, State or Federal government entity for services of equal or lesser scope. Contractor agrees that no price increases shall be passed along to the County du ring the term of this Contract not otherwise specified and provided for within this Contract.

  • Payment Structure You must pay the fees listed on the relevant Services Order. Subscription payments will be structured differently based on the term you select from the three options below and the payment structure will be set forth in the Services Order. The fees identified in the Services Order are exclusive of shipping fees, and you will pay the shipping fees (if applicable) identified in the invoice.

  • Emergency Schedule Changes The Employer may adjust an overtime-eligible employee’s workweek and work schedule without prior notice in emergencies or unforeseen operational needs.

  • Changes to Fee Structure In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity.

  • Refinancings The First Lien Obligations of any Series may be Refinanced, in whole or in part, in each case, without notice to, or the consent (except to the extent a consent is otherwise required to permit the Refinancing transaction under any Secured Credit Document) of any First Lien Secured Party of any other Series, all without affecting the priorities provided for herein or the other provisions hereof; provided that the Authorized Representative of the holders of any such Refinancing indebtedness shall have executed a Joinder Agreement on behalf of the holders of such Refinancing indebtedness.

  • Refinancing Substantially concurrently with the Borrowing of 2015 Term Loans hereunder, the Refinancing shall be consummated in full to the satisfaction of the Lenders with all Liens in favor of the existing lenders being unconditionally released; the Administrative Agent shall have received a “pay-off” letter in form and substance reasonably satisfactory to the Administrative Agent with respect to all Indebtedness being refinanced in the Refinancing; and the Administrative Agent shall have received from any person holding any Lien securing any such Indebtedness, such UCC (or equivalent) termination statements, mortgage releases, releases of assignments of leases and rents, releases of security interests in Intellectual Property and other instruments, in each case in proper form for recording or filing, as the Administrative Agent shall have reasonably requested to release and terminate of record the Liens securing such Indebtedness. After giving effect to the Transactions, Irish Holdco and its Subsidiaries (including, without limitation, the Target and its Subsidiaries) shall have no outstanding preferred equity (unless owned by a direct parent thereof which is a Loan Party) or Indebtedness for borrowed money, except for Indebtedness incurred pursuant to (i) the Loan Documents, (ii) indebtedness expressly permitted to remain outstanding after the Closing Date pursuant to the Acquisition Agreement (as in effect on the date thereof), (iii) the Existing Notes, (iv) the Horizon Convertible Notes, (iv) working capital leases, capital leases and Indebtedness incurred in the ordinary course, (v) intercompany debt among Irish Holdco and its Subsidiaries, (vi) the New Horizon Unsecured Notes and (vii) such other existing indebtedness identified to, and expressly permitted to remain outstanding after the Closing Date by, the Lead Arrangers as “surviving debt” prior to the date hereof.

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