Dollar Permitted Investments definition

Dollar Permitted Investments means investments which are denominated and payable in U.S. Dollars (a) with respect to funds in the On-Shore Accounts, deposits denominated in U.S. Dollars maintained at, or certificates of deposit insured, or obligations insured or guaranteed by, the Bank of China, The China Construction Bank, the Communication Bank, the China Farmers Bank or China International Trust and Investment Corporation, or any branch of a commercial bank organized under the laws of the United States or any political subdivision thereof having a combined capital and surplus of at least $500,000,000 and having long-term unsecured debt securities having a rating assigned by each of Standard & Poor's and Moody's equal to the highest rating assigned thereby to long-term unsecured debt securities; and (b) means any of the following securities: (i) direct obligations of the Department of the Treasury of the United States of America; (ii) obligations of any of the following federal agencies which obligations represent full faith and credit of the United States of America, including: Export-Import Bank, Farmers Home Administration, General Services Administration, U.S. Maritime Administration, Small Business Administration, Government National Mortgage Associate (GNMA), U.S. Department of Housing & Urban Development (PHA's) and Federal Housing Administration; (iii) bonds, notes or other evidences of indebtedness rated "AAA" by Standard & Poor's and "Aaa" by Moody's issued by the Federal Home Loan Bank, the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; (iv) commercial paper rated in any one of the two highest rating categories by Moody's or Standard & Poor's; (v) investment agreements with banks (foreign & domestic), broker/dealers, and other financial institutions rated at the time of bid in any one of the three highest rating categories by Moody's and Standard & Poor's; (vi) repurchase agreements with banks (foreign & domestic), broker/dealers, and other financial institutions rated at the time of bid in any one of the three highest rating categories by each of Standard & Poor's and Moody's, provided: (1) collateral is limited to (i), (ii) and (iii) above, (2) the margin levels for collateral must be maintained at a minimum of 102% including principal and interest, (3) the Lender shall have a first perfected security interest in the collateral, (4) the collateral will be delivered to a third party custodian, designated by the Lender and all fees an...
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Dollar Permitted Investments means U.S. Dollar-denominated investments that are:
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Dollar Permitted Investments means any of the following securities: (i) direct obligations of the Department of the Treasury of the United States of America; (ii) obligations of any of the following federal agencies, which obligations represent the full faith and credit of the United States of America, including: Export-Import Bank, Farmers Home Administration, General Services Administration, U.S. Maritime Administration, Small Business Administration, Government National Mortgage Association (GNMA), U.S. Department of Housing & Urban Development (PHA's) and Federal Housing Administration; (iii) bonds, notes or other evidences of indebtedness rated "AAA" by Standard & Poor's and "Aaa" by Xxxxx'x and issued by the Federal Home Loan Bank, the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; (iv) commercial paper rated in any one of the two highest rating categories by Xxxxx'x or Standard & Poor's; (v) investment agreements with banks (foreign and domestic), broker/dealers, and other financial institutions rated at the time of bid in any one of the three highest rating categories by Xxxxx'x and Standard & Poor's; (vi) repurchase agreements with banks (foreign and domestic), broker/dealers, and other financial institutions rated at the time of bid in any one of the three highest rating categories by Xxxxx'x and Standard & Poor's, provided: (1) collateral is limited to (i), (ii) and (iii) above, (2) the margin levels for collateral must be maintained at a minimum of 102% including principal and interest, (3) the Trustees shall have a first perfected security interest in the collateral, (4) the collateral will be delivered to a third party custodian, designated by the Company, acting for the benefit of the Trustees and all fees and expenses related to collateral custody will be the responsibility of the Company, (5) the collateral must have been or will be acquired at the market price and marked to market weekly and collateral level shortfalls cured within 24 hours, (6) unlimited right of substitution of collateral is allowed provided that substitution collateral must be permitted collateral substituted at a current market price and substitution fees of the custodian shall be paid by the Company; (vii) forward purchase agreements delivering securities outlined in (i) and (iv) above with banks (foreign and domestic), broker/dealers, and other financial institutions maintaining a long-term rating on the day of bid no lower than investment grade by both Sta...
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Examples of Dollar Permitted Investments in a sentence

  • Make or permit to remain outstanding any loans, extensions of credit or advances to or investments in (whether by acquisition of any stocks, notes or other securities or obligations) any Person except RMB Permitted Investments with respect to the On-Shore Accounts denominated in Renminbi or Dollar Permitted Investments with respect to the On- Shore Accounts denominated in the U.S. Dollars or as expressly provided in the Project Documents.

  • These along with details of external alterations would be minimal and would form part of a separate application.

  • Thereafter, the Collateral Agent shall deposit in the Debt Service Reserve Account all interest, principal and premium payments from Dollar Permitted Investments made by the Collateral Agent with respect to the Collateral held in the Debt Service Reserve Account.

  • Such funds will, prior to being lent to Pan-Western in accordance with the terms of the Issuer Loan, be invested in Dollar Permitted Investments pursuant to Section 4.13.

  • Except as specified in the Common Agreement, or with respect to the proceeds of Dollar Permitted Investments, no amount shall be withdrawn from any Noteholder Account in order to make payment of any Make-Whole Premium.

  • If any Default or Event of Default shall have occurred and be continuing, the Trustee shall direct the Account Collateral Securities Intermediary to invest and reinvest the funds in the Debt Service Reserve Account in Dollar Permitted Investments of the type specified in clause (D) of the definition thereof.

  • Any such Dollar Permitted Investments shall be credited by the Offshore Depositary Bank to the corresponding Offshore Securities Account.

  • The Issuer shall select Dollar Permitted Investments having such maturities as shall cause each Noteholder Account to have a cash balance as of any day sufficient to cover the transfers to be made from such Noteholder Account on such day in accordance with this Agreement.

  • Lilly may, at its option and expense, have its own counsel participate in any proceeding that is under the direction of Antares and will cooperate with Antares or its insurer in the disposition of any such matter.

  • These are the game-theory models, which determine the terms when the innovative strategy will have the prevailing nature, the guaranteeing nature, or, finally, when the innovative strategy will be inexpedient (dominated) for the party involved in the high-tech product creation process.


More Definitions of Dollar Permitted Investments

Dollar Permitted Investments means investments which are denominated and payable in US dollars in any one or more of the following: (i)(a) direct, interest-bearing obligations of the United States in certificated form; (b) direct, interest-bearing obligations of, and guaranteed as to timely payment of principal and interest by, the United States, but only if such obligations are issued in the form of any entry made on the records of the Federal Reserve Bank of New York; and (c) direct interest bearing obligations of, and interest bearing obligations guaranteed as to timely payment of principal and interest by, the Federal National Mortgage Association, the Government National Mortgage Association, the Federal Home Loan Mortgage Corporation or the Student Loan Marketing Association, but only if (A) at the time of investment, such obligations are assigned the highest credit rating by the Rating Agency and (B) such obligations have been deposited with The Depository Trust Company and its successors, or are issued in the form of an entry made on the records of the Federal Reserve Bank of New York; (ii) certificates of deposit with an original term to maturity (x) of not more than 180 days or (y) with respect to the amounts representing the interest payment amounts due on [__________], 1997 or [_____________], 1997, not exceeding the second Business Day prior to such date, issued by any U.S. depositary institution or trust company whose principal offices are located in the Borough of Manhattan, City and State of New York, New York (including the Trustee acting in its individual capacity); provided that the short-term unsecured debt obligations of such depositary institution or trust company at the time of such investment are assigned a rating of "A-1" by S&P and "P1" by Moody's or the long-term unsecured debt obligations of such depositary institution or trust company at the time of such investment, are assigned a rating of "A-" or higher by S&P and "A3" or higher by Moody's; (iii) repurchase obligations pursuant to a written agreement (a) with respect to any obligation described in clause (i) above, where (in each case) the Trustee has taken delivery of such obligation and (b) by a U.S. depositary institution or trust company whose principal offices are located in the Borough of Manhattan, City and State of New York, New York the short-term unsecured debt obligations of which are rated "A-1" by S&P and "P-1" by Moody's at the time of such investment or the long-term unsecured debt obligat...
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Dollar Permitted Investments means any of the following types of Investments, to the extent owned by or held for the benefit of the Security Trust, free and clear of all Liens (other than Liens created under the Collateral Documents):
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Dollar Permitted Investments means investments free and clear of all Liens (other than Liens created under the Security Documents):
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Dollar Permitted Investments means any of the following investments, to the extent not having a maturity of greater than 180 days from the date of acquisition thereof: (a) readily marketable direct obligations of, or obligations of any other Person the principal and interest of which are unconditionally guaranteed or insured by, the United States of America or an instrumentality or agency thereof; (b) interest bearing deposit accounts (which may be represented by short-term certificates of deposit, time deposits, open account agreements or other short-term deposit instruments) in national or state banks having (i) a combined capital and surplus of not less than $500 million (ii) whose deposits are insured by the Federal Deposit Insurance Corporation, and (iii) whose senior unsecured debt is rated "A2" or better (or the equivalent thereof) by Moody's or "A" or better (or the equivalent thereof) by S&P; (c) prime dollar-denominated commercial paper of a foreign or domestic issuer rated "P-2" or better (or the equivalent thereof) by Moody's or "A-2" or better (or the equivalent thereof) by S&P; (d) dollar denominated certificates of deposit of a foreign or domestic bank with a rating of "A-2" or better (or the equivalent thereof) by Moody's or "A" or better (or the equivalent thereof) by S&P; (e) dollar-denominated bankers' acceptances issued by foreign or domestic banks with a rating of "A-2" or better (or the equivalent thereof) by Moody's or "A" or better (or the equivalent thereof) by S&P; (f) money market or mutual funds sponsored by any securities broker-dealer of recognized national standing having an investment policy that requires substantially all of the invested assets of such fund to be invested in investment described in any one or more of the foregoing clauses (including those for which the Trustee or an affiliate of the Trustee is investment manager or advisor, administrator, shareholder servicing agent, custodian or subcustodian, notwithstanding that (A) the Trustee or an affiliate of the Trustee charges and collects fees and expenses from such funds for services rendered (provided that such charges, fees and expenses are on terms consistent with terms negotiated at arm's length) and (B) the Trustee charges and collects fees and expenses for services rendered, pursuant to this Indenture).
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Related to Dollar Permitted Investments

  • Permitted Investments means:

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Permitted Investors the collective reference to the Sponsor and its Control Investment Affiliates.

  • Restricted Investments means all Investments except the following:

  • Other Permitted Indebtedness means (a) accrued expenses and current trade accounts payable incurred in the ordinary course of the Borrower’s business which are not overdue for a period of more than 90 days or which are being contested in good faith by appropriate proceedings, (b) Indebtedness (other than Indebtedness for borrowed money) arising in connection with transactions in the ordinary course of the Borrower’s business in connection with its securities transactions, derivatives transactions, reverse repurchase agreements or dollar rolls to the extent such transactions are permitted under the Investment Company Act and the Borrower’s Investment Policies (after giving effect to any Permitted Policy Amendments), provided that such Indebtedness does not arise in connection with the purchase of Portfolio Investments other than Cash Equivalents and U.S. Government Securities and (c) Indebtedness in respect of judgments or awards that have been in force for less than the applicable period for taking an appeal so long as such judgments or awards do not constitute an Event of Default under clause (l) of Article VII.

  • Quoted Investments has the meaning set forth in Section 5.12(b)(ii)(A).

  • Permitted Investor means collectively, Energy Capital Partners III, LP, Energy Capital Partners III-A, LP, Energy Capital Partners III-B, LP, Energy Capital Partners III-C, LP and Energy Capital Partners-D, LP, Quantum Strategic Partners, and each of their Permitted Transferees (as defined in the Investors Agreement, dated as of March 29, 2018, by and among the Parent and the other signatories thereto).

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party, (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance, the parties thereto are party to the Intercompany Subordination Agreement, and (d) a Loan Party to or in a Subsidiary that is not a Loan Party so long as (i) the aggregate amount of all such Investments made by the Loan Parties to or in Subsidiaries that are not Loan Parties does not exceed $1,000,000 at any time outstanding, (ii) no Default or Event of Default has occurred and is continuing either before or after giving effect to such Investment, and (iii) the Borrowers have Excess Availability plus Qualified Cash of not less than $10,000,000 after giving effect to such Investment.

  • Qualified Investments means any and all securities, obligations or accounts in which municipalities may invest their funds under applicable Maine law.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company or any Subsidiary.

  • Eligible Investments Any one or more of the obligations and securities listed below which investment provides for a date of maturity not later than the Determination Date in each month:

  • Liquid Investments means:

  • Restricted Investment means an Investment other than a Permitted Investment.

  • 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.

  • Investments as defined in Section 7.8.

  • Specified Investments means (a) direct obligations of the United States of America or obligations fully guaranteed by the United States of America; (b) commercial paper rated A-1/P-1 by S&P and Moody's, respectively or, if such ratings are unavailable, rated by any nationally recognized rating organization in the United States equal to the highest rating assigned by such rating organization; (c) investments in negotiable certificates of deposit, time deposits, banker's acceptances, commercial paper or other direct obligations of, or obligations guaranteed by, commercial banks organized under the laws of the United States or of any political subdivision thereof (or any U.S. branch of a foreign bank) with issuer ratings of at least B/C by Thomson Bankwatch, having maturities no later than 90 days following the date of such investment; (d) overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers; or (e) overnight repurchase agreements with respect to the securities described in clause (a) above entered into with an office of a bank or trust company which is located in the United States of America or any bank or trust company which is organized under the laws of the United States or any state thereof and has capital, surplus and undivided profits aggregating at least $500 million. SSB. State Street Bank and Trust Company of Connecticut, National Association, a national banking association or any successor Owner Trustee in its individual capacity.

  • Permitted Existing Investments means the Investments of the Borrower and its Subsidiaries identified as such on Schedule 1.1.2 to this Agreement.

  • Investment Obligations means and include, except as otherwise provided in the Supplemental Indenture providing for the authorization of Bonds, any of the following securities, if and to the extent that such securities are legal investments for funds of the Issuer;

  • Unquoted Investments has the meaning set forth in Section 5.12(b)(ii)(B).

  • 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.

  • Permitted Indebtedness means, without duplication, each of the following:

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Permitted Loans means: