Ancillary Liquid Assets definition

Ancillary Liquid Assets means bank deposits at sight, such as cash held in current accounts with a bank accessible at any time.
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Ancillary Liquid Assets means (i) cash deposits; and (ii) money market instruments,
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Ancillary Liquid Assets. : means (i) cash deposits; and (ii) money market instruments, such as short term debt securities (i.e., debt securities with less than one year to maturity), treasury bills, commercial paper, certificates of deposit and bankers acceptances;
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Examples of Ancillary Liquid Assets in a sentence

  • Ancillary Liquid Assets and Cash Management The Sub-Fund may also hold ancillary liquid assets in accordance with the limits subscribed under Applicable law.

  • Furthermore, Waverton Absolute Return Fund may hold Ancillary Liquid Assets where in view of market circumstances the Investment Manager believes that it would not be in the interests of Shareholders for the Fund to be fully invested or where the Fund needs to maintain liquidity to meet repurchase requests.

  • The Sub-Fund may hold Ancillary Liquid Assets (up to 20% of its net assets) in order to cover current or exceptional payments or for the time necessary to reinvest those Ancillary Liquid Assets in eligible assets provided under Chapter 9 “Investment Restrictions” or for a time strictly necessary in case of unfavourable market conditions to preserve the Shareholders’ capital and invest such Ancillary Liquid Assets when better investment opportunities arise.

  • A Feeder UCITS may hold up to 15% of its assets in one or more of the following: • Ancillary Liquid Assets in accordance with article 41 (2) of the 2010 Act; • financial derivative instruments, which may be used only for hedging purposes; • movable and immovable property which is essential for the direct pursuit of its business, if the Feeder UCITS is an investment company.

  • Ancillary Liquid Assets held are limited to 20% of the net assets of the Sub-Fund.

  • The Sub-Fund may invest up to 100% of net assets in Ancillary Liquid Assets for defensive purposes on a temporary basis, if justified by exceptionally unfavourable market conditions.

  • The Sub-Fund may invest up to 20% of net assets in Ancillary Liquid Assets and up to 20% of assets in Deposits with Credit Institutions, money market instruments and money market funds for managing cash subscriptions and redemptions as well as current and exceptional payments.

  • Up to 100% of net assets in Ancillary Liquid Assets for defensive purposes on a temporary basis, if justified by exceptionally unfavourable market conditions.Derivatives Used for: efficient portfolio management; hedging.

  • The holding of Ancillary Liquid Assets is limited to 20% of the net assets of the Sub-fund.

  • The Fund will invest at least 70 % of its assets (excluding Ancillary Liquid Assets) in Equity Securities of companies which are incorporated in the Republic of Korea.

Related to Ancillary Liquid Assets

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • Consolidated Net Tangible Assets means the total assets of the Company and its Restricted Subsidiaries (less applicable depreciation, amortization, and other valuation reserves), less all current liabilities (excluding intercompany liabilities) and all intangible assets of the Company and its Restricted Subsidiaries, all as set forth on the most recent consolidated balance sheet of the Company and its Restricted Subsidiaries, prepared in accordance with GAAP.

  • Current Assets of any Person means all assets of such Person that would, in accordance with GAAP, be classified as current assets of a company conducting a business the same as or similar to that of such Person, after deducting adequate reserves in each case in which a reserve is proper in accordance with GAAP.

  • Unrestricted Cash and Cash Equivalents means, with respect to any Person, cash and Cash Equivalents of such Person that are free and clear of all Liens and not subject to any restrictions on the use thereof to pay Indebtedness and other obligations of such Person.

  • Excess valuation assets for a valuation period means, with

  • Consolidated Tangible Assets means, for any Person, total assets of such Person and its consolidated Subsidiaries, determined on a consolidated basis, less goodwill, patents, trademarks and other assets classified as intangible assets in accordance with GAAP.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Restricted Cash means cash and cash equivalents, within the meaning of the AAS, that are not available for use other than for a purpose for which it is restricted, and includes cash to be used to fund capital works expenditure from the previous financial year

  • Adjusted Consolidated Net Tangible Assets means (without duplication), as of the date of determination, the remainder of:

  • Permitted Cash Equivalent Investments means (i) marketable direct obligations issued or unconditionally guaranteed by the United States or any agency or any State thereof having maturities of not more than two (2) years from the date of acquisition and (ii) commercial paper maturing no more than one (1) year after its creation and having the highest rating from either Standard & Poor’s Ratings Group or Xxxxx’x Investors Service, Inc.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated Fixed Charges means, with respect to any Person for any period, the sum, without duplication, of:

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.