Authorized Investments definition

Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.
Authorized Investments means short term interest-bearing or discount debt obligations issued or guaranteed by the Government of Canada or any province thereof or a Canadian chartered bank (which may include an affiliate or related party of the Trustee), maturing not more than one year from the date of investment, provided that each such obligation is rated at least RI (middle) by DBRS Inc. or any equivalent rating by Canadian Bond Rating Service.
Authorized Investments has the meaning given to such term in Section 5.7;

Examples of Authorized Investments in a sentence

  • Upon receipt of a direction from the Company, the Trustee shall invest the funds in Authorized Investments in its name in accordance with such direction.


More Definitions of Authorized Investments

Authorized Investments means those investments authorized by K.S.A. 10-131, as amended and supplemented, and by other provisions of State law applicable to the City.
Authorized Investments means any investments that are at the time legal for investment of the County’s funds under the laws of the State and of the United States.
Authorized Investments means investments, whether listed or otherwise, transacted, issued or traded inside or outside Pakistan and as permissible under the Rules or under the Investment Policy prescribed by the Commission;
Authorized Investments means short term interest bearing or discount debt obligations issued or guaranteed by the Government of Canada or a Province or a Canadian chartered bank (which may include an Affiliate or related party of the Security Trustee) provided that such obligation is rated at least R1 (middle) by DBRS Limited or an equivalent rating service. In the event that the Security Trustee does not receive a direction or only a partial direction, the Security Trustee may hold cash balances constituting part or all of the funds and may, but need not, invest same in its deposit department, the deposit department of one of its Affiliates, or the deposit department of a Canadian chartered bank; but the Security Trustee, its Affiliates or a Canadian chartered bank shall not be liable to account for any profit to any parties to this Guarantee or to any other person or entity other than at a rate, if any, established from time to time by the Security Trustee, its Affiliates or a Canadian chartered bank. For the purpose of this Section, “Affiliate” means affiliated companies within the meaning of the CBCA, and includes Computershare Investor Services Inc. and each of their affiliates within the meaning of the Business Corporations Act (Ontario).
Authorized Investments means authorized obligations as permitted by the County Investment Policy and the Public Funds Investment Act, Chapter 2256, Texas Government Code, as may be amended from time to time.
Authorized Investments means Authorized Investments as defined in the clause 2.2.3 of this Offering Document
Authorized Investments means any of the following: