Cash Investments means (i) marketable direct obligations (x) issued or unconditionally guaranteed by the United States of America or (y) issued by any agency thereof having a rating of A or higher by Standard & Poor's or A-2 or higher by Moodx'x Xxxestors Service, Inc., in each case maturing within one year from the date of acquisition thereof; (ii) marketable direct obligations issued by any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof maturing within one year from the date of acquisition thereof and, at the time of acquisition, having the highest rating obtainable from either Standard & Poor's Rating Services or Moodx'x Xxxestors Service, Inc.; (iii) marketable commercial paper maturing no more than one year from the date of creation thereof and, at the time of acquisition, having a rating of at least A-1 or the equivalent thereof by Standard & Poor's Rating Services or at least P-1 or the equivalent thereof by Moodx'x Xxxestors Service, Inc.; (iv) demand deposits, time deposits and certificates of deposit maturing within one (1) year from the date of issuance thereof and issued by a Lender or a bank or trust company organized under the laws of the United States of America or any state thereof and having a long term debt rating by Standard & Poor's Rating Services of A or higher; (v) repurchase agreements with a term not exceeding seven days with respect to underlying securities of the types described in clause (I) above entered into with a bank or trust company meeting the qualifications specified in clause (IV) above; and (vi) mutual funds that invest solely in any of the items described above.
Cash Investments means (i) marketable direct obligations issued or unconditionally guaranteed by the United States of America or issued by any agency thereof and backed by the full faith and credit of the United States of America, in each case maturing within one year from the date of acquisition thereof; (ii) marketable direct obligations issued by any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof maturing within one year from the date of acquisition thereof and, at the time of acquisition, having the highest rating obtainable from either Standard & Poor's Ratings Services or Xxxxx'x Investors Service, Inc.; (iii) marketable commercial paper maturing no more than one year from the date of creation thereof and, at the time of acquisition, having a rating of at least A-1 or the equivalent thereof by Standard & Poor's Ratings Services or at least P-1 or the equivalent thereof by Xxxxx'x Investors Service, Inc.; (iv) demand deposits, time deposits and certificates of deposit maturing within one (1) year from the date of issuance thereof and issued by a bank or trust company organized under the laws of the United States of America or any state thereof and having a long term debt rating by Standard & Poor's Ratings Services of A or higher and (v) any mutual fund that invests solely in any of the items described in clauses (i), (ii), (iii) and (iv) of this paragraph.
Cash Investments means (i) investments rated at least A-1 by S&P and P-1 by Moody's and which have a maturity of 183 days or less, (ii) short-term government securities having a rating not lower than AAA from S&P or Aaa from Moody's and which have a maturity of 183 days or less and (iii) money-market funds or time deposits with a leading bank in London (in either case not longer than three months in maturity), having a rating not lower than AA from S&P or Aa2 from Moody's;
Examples of Cash Investments in a sentence
The Fund has discontinued the acceptance of subscription applications with payment mode as ‘Cash’ (Cash Investments) in all schemes(s) with effect from September 17, 2019.
On such date, the Company shall also irrevocably deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust) in Temporary Cash Investments, maturing on the last day prior to the Purchase Date or on the Purchase Date if funds are immediately available by open of business, an amount equal to the Offer Amount to be held for payment in accordance with the provisions of this Section.
Pending application of Net Available Cash pursuant to this Section 4.06(a), such Net Available Cash shall be invested in Temporary Cash Investments or applied to temporarily reduce revolving credit indebtedness.
Except for funds or securities deposited with the Trustee pursuant to Article Four, the Trustee may invest all moneys received by the Trustee, until used or applied as herein provided, in Temporary Cash Investments in accordance with the written directions of the Company.
Pending application of Net Available Cash pursuant to this Section 4.06, such Net Available Cash shall be invested in Temporary Cash Investments or applied to temporarily reduce revolving credit Indebtedness.
More Definitions of Cash Investments
Cash Investments means the Cash (including any earnings thereon or proceeds therefrom) the Liquidating Trustee may invest; provided, however, that such investments are investments permitted to be made by a “liquidating trust” within the meaning of Treasury Regulation section 301.7701-4(d), as reflected therein, or under applicable Internal Revenue Service guidelines, rulings or other controlling authorities.
Cash Investments means (i) marketable direct obligations (x) issued or unconditionally guaranteed by the United States of America, including, without limitation, U.S. Treasury bills, notes, bonds and strips or (y) issued by any agency thereof having a rating of A or higher by Standard & Poor's or A-2 or higher by Xxxxx'x Investors Service, Inc., in each case maturing within one year from the date of acquisition thereof; (ii) marketable direct obligations issued by any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof maturing within one year from the date of acquisition thereof and, at the time of acquisition, having the highest rating obtainable from either Standard & Poor's Rating Services or Xxxxx'x Investors Service, Inc.; (iii) marketable commercial paper (including corporate bonds and medium term notes) maturing no more than one year from the date of creation thereof and, at the time of acquisition, having a rating of at least A-1 or the equivalent thereof by Standard & Poor's Rating Services or at least P-1 or the equivalent thereof by Xxxxx'x Investors Service, Inc.; (iv) demand deposits, time deposits and certificates of deposit maturing within one (1) year from the date of issuance thereof and issued by a Lender or a bank or trust company organized under the laws of the United States of America or any state thereof and having a long term debt rating by Standard & Poor's Rating Services of A or higher; (v) repurchase agreements with a term not exceeding seven days with respect to underlying securities of the types described in clause (I) above entered into with a bank or trust company meeting the qualifications specified in clause (IV) above; (vi) money market instruments constituting securities having a rating of at least X-0, X-0, X-0, X-0 or the equivalent thereof by Standard & Poor's Rating Services and/or Xxxxx'x Investors Service, Inc. and/or any other nationally recognized credit rating organizations at the time of purchase, (vii) asset-backed securities with an assumed average life of no more than one year from the date of purchase and having a rating of at least AA or the equivalent thereof by Standard & Poor's Rating Services and/or Xxxxx'x Investors Service, Inc., (viii) mortgage-backed pass-through securities having a rating of at least AAA or the equivalent thereof by Standard & Poor's Rating Services and/or Xxxxx'x Investors Service, Inc., (ix) mutual funds that invest solely in...
Cash Investments means (i) marketable direct obligations issued or unconditionally guaranteed by the United States of America or issued by any agency thereof and backed by the
Cash Investments means: (a) in case of Specified Equity Securities, all payments made by an Investor or any Affiliate of the Investor, for subscription to or acquisition of such Specified Equity Securities held by such Investor / its Affiliate as of the date such term is reckoned, and (b) in case of Non Specified Equity Securities, (i) the primary subscription price paid to the Company for the original issuance of such Equity Securities; or (ii) where the acquisition of such Equity Securities was preceded by an acquisition of Equity Securities that qualified as a Specified Secondary Acquisition, the purchase price paid to the Specified Secondary Seller for purchase of such Equity Securities in such Specified Secondary Acquisition, as the case may be;
Cash Investments has the meaning assigned to such term in the definition of "Liquidity Ratio".
Cash Investments means "Permitted Investments" which are held at a Bank or an affiliate thereof, and managed pursuant to the Borrower's direction and investment policy, plus (without duplication), to the extent the aggregate amount of Cash Investments exceeds $50,000,000, all other Permitted Investments in excess thereof, whether or held at a Bank or affiliate.
Cash Investments means (a) marketable direct obligations issued or unconditionally guaranteed by the United States or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within one (1) year from the date of acquisition thereof, (b) marketable direct obligations issued by any state of the United States or any political subdivision of any such state or any public instrumentality thereof maturing within one (1) year from the date of acquisition thereof and, at the time of acquisition, having one of the two highest ratings obtainable from either S&P or Mxxxx'x, (c) commercial paper maturing no more than two hundred seventy (270) days from the date of creation thereof and, at the time of acquisition, having a rating of at least A-l from S&P or at least P-l from Mxxxx'x, (d) certificates of deposit or bankers' acceptances maturing within one (1) year from the date of acquisition thereof issued by any bank organized under the laws of the United States or any state hereof having at the date of acquisition thereof combined capital and surplus of not less than $250,000,000, (e) demand deposit accounts maintained with any bank organized under the laws of the United States or any state thereof so long as such bank is insured by the Federal Deposit Insurance Corporation, and (f) investments in money market funds substantially all of whose assets are invested in the types of assets described in clauses (a) through (e) above.