Permitted Fixed Income Investments. The Fixed Income Component of the Fund shall consist of a portfolio of Permitted Fixed Income Securities, Permitted Fixed Income Futures, Permitted Fixed Income Derivatives, and/or Cash (collectively, "Permitted Fixed Income Investments"). A Permitted Fixed Income Investment held by the Fund is a "Fixed Income Investment"; Fixed Income Investments are collectively referred to herein as the "Fixed Income Portfolio." For the avoidance of doubt, any requirement that an investment satisfy a credit rating criteria shall be applicable at any time and from time to time and shall not be limited to whether the investment satisfied such credit rating criteria as of the date of acquisition thereof.
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Samples: Financial Guarantee Agreement (Merrill Lynch Principal Protected Trust), Financial Guarantee Agreement (Smith Barney Trust Ii), Financial Guarantee Agreement (Smith Barney Trust Ii)
Permitted Fixed Income Investments. The Fixed Income Component of the Fund shall consist of a portfolio of Permitted Fixed Income Securities, Permitted Fixed Income Futures, Permitted Fixed Income Derivatives, and/or Cash (collectively, "Permitted Fixed Income InvestmentsPERMITTED FIXED INCOME INVESTMENTS"). A Permitted Fixed Income Investment held by the Fund is a "Fixed Income InvestmentFIXED INCOME INVESTMENT"; Fixed Income Investments are collectively referred to herein as the "Fixed Income PortfolioFIXED INCOME PORTFOLIO." For the avoidance of doubt, any requirement that an investment satisfy a credit rating criteria shall be applicable at any time and from time to time and shall not be limited to whether the investment satisfied such credit rating criteria as of the date of acquisition thereof.
Appears in 1 contract
Samples: Financial Guarantee Agreement (Pioneer Protected Principal Trust)