Directed Investment by the Company or any of its Restricted Subsidiaries means any Investment for which the cash or property used for such Investment is received by the Company from the issuance and sale (other than to a Restricted Subsidiary) on or after June 1, 1997 of shares of its Capital Stock (other than Redeemable Stock), or any options, warrants or other rights to purchase such Capital Stock (other than Redeemable Stock) designated by the Board of Directors as a "Directed Investment" to be used for one or more specified investments in the telecommunications business (including related activities and services) and is so designated and used at any time within 365 days after the receipt thereof; provided that the aggregate amount of any such Directed Investments may not at any time exceed fifty percent (50%) of the aggregate amount of such cash or property received by the Company on or after June 1, 1997 from any such issuance and sale or capital contribution; and provided further that any proceeds from any such issuance or sale may not be used for such an Investment if such proceeds were, prior to being designated for use as a Directed Investment, (x) used to make a Restricted Payment or (y) used as the basis for the Incurrence of Debt under clause (i) of Section 1008 unless and until the amount of any such Debt (I) is treated as newly issued Debt and could be Incurred in accordance with Section 1008 (other than under clause (i) thereof) or (II) has been repaid or refinanced with the proceeds of Debt Incurred in accordance with Section 1008 (other than under clause (i) thereof) or (III) has otherwise been repaid and, in the circumstances described in clauses (I) and (II), the Company delivers to the Trustee a certificate confirming that the requirements of such clauses have been met.
Directed Investment by the Company or any of its Restricted Subsidiaries means any Investment for which the cash or property used for such Investment is received by the Company from the issuance and sale (other than to a Restricted Subsidiary) on or after June 1, 1997 of shares of its Capital Stock (other than the Exchangeable Preferred Stock or Redeemable Stock), or any options, warrants or other rights to purchase such Capital Stock (other than Redeemable Stock) designated by the Board of Directors as a "Directed Investment" to be used for one or more specified investments in the telecommunications business (including related activities and services) and is so designated and used at any time within 365 days after the receipt thereof; provided that the aggregate amount of any such Directed Investments may not at any time exceed fifty percent (50%) of the aggregate amount of such cash or property received by the Company on or after June 1, 1997 from any such issuance and sale or capital contribution; and provided further that any proceeds from any such issuance or sale may not be used for such an Investment if such proceeds were, prior to being designated for use as a Directed Investment, (x) used to make a Restricted Payment or (y) used as the basis for the Incurrence of Debt under clause (i) of Section 1008 unless and until the amount of any such Debt (I) is treated as newly issued Debt and could be Incurred in accordance with Section 1008 (other than under clause (i) thereof) or (II) has been repaid or refinanced with the proceeds of Debt Incurred in accordance with Section 1008 (other than under clause (i) thereof) or (III) has otherwise been repaid and, in the circumstances described in clauses (I) and (II), the Company delivers to the Trustee a certificate confirming that the requirements of such clauses have been met.
Directed Investment by the Company or any of its Restricted Subsidiaries means any Investment for which the cash or property used for such Investment is received by the Company from the issuance and sale (other than to a Restricted Subsidiary) on or after February 24, 2000 of shares of its Capital Stock (other than any of the Preferred Stock), or any options, warrants or other rights to purchase such Capital Stock (other than any of the Preferred Stock) designated by the Board of Directors as a "Directed Investment" to be used for one or more specified investments in the telecommunications business (including related activities and services) and is so designated and used at any time within 365 days after the receipt thereof; PROVIDED that the aggregate amount of any such Directed Investments may not at any time exceed fifty percent (50%) of the aggregate amount of such cash or property received by the Company on or after the date hereof from any such issuance and sale or capital contribution; and PROVIDED FURTHER that any proceeds from any such issuance or sale may not be used for such an Investment if such proceeds were, prior to being designated for use as a Directed Investment, used to make a Restricted Payment.
Examples of Directed Investment in a sentence
If the Trustee does not thereafter receive written instructions from the Collateral Manager within five (5) Business Days after transfer of such funds to such accounts, it shall invest and reinvest the funds held in such accounts, as fully as practicable, in the Standby Directed Investment.
Any costs and expenses related to compliance with the Participant's directions shall be borne by the Participant's Directed Investment Account.
Such written instruction must explicitly state that it is the intention of Services to treat such investment as a Client Directed Investment hereunder.
With respect to each Client Directed Investment, Services shall bear the sole responsibility, and Investment Adviser shall bear no liability, for (x) conducting due diligence on and underwriting on such Client Directed Investment, (y) ensuring that, at the time of investment, such Client Directed Investment is in compliance with the Investment Guidelines and (z) the review, and negotiation of all legal and other documentation related to such Client Directed Investment.
If after the occurrence of an Event of Default, the Issuer shall not have given such investment directions to the Trustee for three consecutive days, the Trustee shall invest and reinvest such Cash as fully as practicable in the Standby Directed Investment.
More Definitions of Directed Investment
Directed Investment means an investment, underwriting or other support in relation to a listed credit institution made by the NPRF Commission pursuant to a direction from the Minister under section 19(A) of the NPRF Act.
Directed Investment means— 35
Directed Investment means, until the coming into force of the 2014 Act, an investment, underwriting or other support in relation to a listed credit institution made by the NPRF Commission pursuant to a direction from the Minister under section 19(A) of the NPRF Act, and following thecoming into force of the 2014 Act, has the meaning given to “directed investment” in Section 37 of the 2014 Act as amended by Section 22 of the Finance (Miscellaneous Provisions) Act 2015.
Directed Investment means any Investment in a Telecommunications Business that is made by investing the net proceeds of the issuance of Capital Stock (other than Redeemable Stock) by the Company (or options, warrants or other rights to purchase such Capital Stock) after the Issue Date; PROVIDED that such Investment shall be made with such net proceeds in the form received by the Company and shall be limited to an amount equal to (A) 50% of such net proceeds to the extent that such net proceeds consist of cash, and (B) 100% of such net proceeds to the extent such net proceeds consist of Capital Stock or Telecommunications Assets; PROVIDED FURTHER that such Investment is made within 180 days of such issuance of Capital Stock.
Directed Investment by the Company or any of its Restricted Subsidiaries means any Investment for which the cash or property used for such Investment is received by the Company from the issuance and sale (other than to a Restricted Subsidiary) on or after June 1, 1997 of shares of its Capital Stock (other than Redeemable Stock), or any options,
Directed Investment means— 10
Directed Investment means any Investment in a Telecommunications Business that is made by investing the non-cash proceeds of the issuance of Qualified Capital Stock by the Company (or options, warrants or other rights to purchase such Qualified Capital Stock) after the Issue Date; provided that such Investment shall be made with such proceeds in the form received by the Company; and provided further that such Investment is made within 180 days of such issuance of Qualified Capital Stock; and provided further that such proceeds shall not have been used to Incur Indebtedness pursuant to clause (x) of Section 4.09(b) hereof.