Money Market Option Sample Clauses

Money Market Option notify Us to allocate the Contract Value into the Money Market or other fund as designated by Us. All Beneficiaries must authorize the allocation to Money Market.
Sample 1Sample 2
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Money Market Option. The Borrower may, as set forth in this Section, at any time during the Commitment Period request the Administrative Agent to solicit offers from all the Lenders to make Money Market Loans to the Borrower. The Lenders may, but shall have no obligation to, make such offers, and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section. No Money Market Loan may be made if, after giving effect to such Loan and to any simultaneous repayment of outstanding Loans, the aggregate outstanding principal amount of Revolving Credit Loans and Money Market Loans would exceed the aggregate amount of the Commitments.
Sample 1
Money Market Option. In addition to Committed Borrowings pursuant to Section 2.1, the Borrower may, as set forth in this Section, request the Bank during the Term to make offers to make Money Market Loans to the Borrower, subject to the limitations set forth in Section 2.1. The Bank may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Sample 1
Money Market Option. The Participant’s DROP account is credited with the net investment yield received by the Fund from a money market mutual fund or bank or trust company short term investment fund (“STIF”) chosen by the Board based upon the recommendation of the Consultant. Each DROP participant shall select one of the options upon enrolling in the DROP and may change the election quarterly by giving notice to the Plan’s administrator at least 15 days before the beginning of any calendar quarter (i.e., notice must be given by March 15th, June 15th, September 15th and December 15th for change to take effect the first of the following quarter.) The initial election and any changes must apply to the Participant’s entire DROP account; DROP accounts cannot be split between the two options. Any expenses or fees charged to the Fund due to changes made by the DROP participant shall be paid by the DROP participant making the change. In addition, costs, fees, and other expenses of administration of the Fund shall be debited from all individual DROP accounts on a proportionate basis taking the cost, fees and expenses of administration of the Fund as a whole, multiplied by a fraction, the numerator of which is the total assets in all individual DROP accounts and the denominator of which is the total assets of the Fund.
Sample 1

Related to Money Market Option

  • Money Market Funds Federated Automated Government Cash Reserves Federated Capital Reserves Fund Federated Government Obligations Tax-Managed Fund Federated Government Reserves Fund Federated Municipal Trust Federated U.S. Treasury Cash Reserves Exhibit B Amended and Restated Section entitled “Funds” of the Non-Money Market Fund Fee Schedule (Exhibit D to Amendment dated November 8, 2007) Revised 12/31/12 FUNDS Federated Enhanced Treasury Income Fund Federated Global Equity Fund Federated InterContinental Fund Federated Intermediate Municipal Trust Federated International Bond Fund Federated International Bond Strategy Portfolio Federated Emerging Market Debt Fund Federated International Leaders Fund Federated International Small-Mid Company Fund Federated International Strategic Value Dividend Fund Federated Absolute Return Fund (formerly, Federated Prudent Absolute Return Fund) Federated MDT Stock Trust Federated Michigan Intermediate Municipal Trust Federated Muni and Stock Advantage Fund Federated Municipal High Yield Advantage Fund Federated Municipal Ultrashort Fund Federated Municipal Securities Fund, Inc. Federated New York Municipal Income Fund Federated Ohio Municipal Income Fund Federated Pennsylvania Municipal Income Fund Federated Premier Intermediate Municipal Income Fund Federated Premier Municipal Income Fund Federated Prudent DollarBear Fund Federated Short-Intermediate Duration Municipal Trust Federated Unconstrained Bond Fund THIRTEENTH AMENDMENT TO CUSTODY AGREEMENT THIS AMENDMENT TO CUSTODY AGREEMENT (“Amendment”) is by and between the registered investment companies listed on Schedule II to the Agreement, as may be amended from time to time, (each stand alone registered investment company and each Series a “Fund” and collectively the “Funds”) and The Bank of New York Mellon (the “Custodian”):

  • Invitation for Money Market Quotes Promptly upon receipt of a Money Market Quote Request, the Agent shall send to the Banks by telex or facsimile transmission an Invitation for Money Market Quotes substantially in the form of Exhibit C hereto, which shall constitute an invitation by the Borrower to each Bank to submit Money Market Quotes offering to make the Money Market Loans to which such Money Market Quote Request relates in accordance with this Section.

  • Money Market Quote Request When the Borrower wishes to request offers to make Money Market Loans under this Section, it shall transmit to the Administrative Agent by telex or facsimile transmission a Money Market Quote Request substantially in the form of Exhibit C hereto so as to be received no later than 10:00 A.M. (New York City time) on (x) the fourth Euro-Dollar Business Day prior to the date of Borrowing proposed therein, in the case of a LIBOR Auction or (y) the Domestic Business Day next preceding the date of Borrowing proposed therein, in the case of an Absolute Rate Auction (or, in either case, such other time or date as the Borrower and the Administrative Agent shall have mutually agreed and shall have notified to the Banks not later than the date of the Money Market Quote Request for the first LIBOR Auction or Absolute Rate Auction for which such change is to be effective) specifying:

  • Money Market Borrowings (a) In addition to Committed Borrowings pursuant to Section 2.01, the Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Money Market Loans to the Borrower. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.

  • Investment Securities and Commodities (a) Each of the Company and its Subsidiaries has good title in all material respects to all securities and commodities owned by it (except those sold under repurchase agreements), free and clear of any Lien, except as set forth in the financial statements included in the Company Reports or to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects.

  • Investment Securities Each of the Company and its subsidiaries has good and marketable title to all securities held by it (except securities sold under repurchase agreements or held in any fiduciary or agency capacity) free and clear of any lien, claim, charge, option, encumbrance, mortgage, pledge or security interest or other restriction of any kind, except to the extent such securities are pledged in the ordinary course of business consistent with prudent business practices to secure obligations of the Company or any of its subsidiaries and except for such defects in title or liens, claims, charges, options, encumbrances, mortgages, pledges or security interests or other restrictions of any kind that would not be material to the Company and its subsidiaries. Such securities are valued on the books of the Company and its subsidiaries in accordance with GAAP.

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