Eligible Investments definition

Eligible Investments. Any one or more of the following obligations or securities:

Eligible Investments mean book-entry securities, negotiable instruments or securities represented by instruments in bearer or registered form which evidence:

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:

Examples of Eligible Investments in a sentence

• Pending its use under this Indenture, money in the Accounts may be invested by the Trustee in Eligible Investments maturing or redeemable at the option of the holder at or before the time when such money is expected to be needed and shall be so invested pursuant to written direction of the Authority if there is not then an Event of Default actually known to an Authorized Officer of the Trustee.

• Trustee shall not have any liability for any interest or losses incurred in holding funds uninvested or for the investment of any funds in Eligible Investments or for the investment of funds pursuant to the direction of any Person authorized pursuant to the terms hereof to direct the investment of such funds held by Trustee.

• Notwithstanding anything herein to the contrary, (i) earnings received by the Trustee with respect to Eligible Investments purchased for the purpose of paying Bond Service Charges shall be held uninvested and (ii) Bond proceeds and the Negative Arbitrage Deposit shall be held uninvested until the Trustee has purchased, sold or exchanged Eligible Investments.

• Following the Closing Date, at the direction of the Borrower, the Trustee is permitted to purchase, sell or exchange Eligible Investments with a Cash Flow Projection.

• Except as otherwise set forth in this Section 4.10, money in the Special Funds shall be invested and reinvested by the Trustee in Eligible Investments at the written direction of an Authorized Borrower Representative, and money in the Rebate Fund shall be invested and reinvested by the Trustee as provided in the Tax Exemption Agreement.

More Definitions of Eligible Investments

Eligible Investments means any one or more of the following types of investments:

Eligible Investments. One or more of the following:

Eligible Investments. At any time, any one or more of the following obligations and securities which shall mature not later than the Business Day preceding the Distribution Date next succeeding the date of such investment, provided that such investments continue to qualify as "cash flow investments" as defined in Code Section 860G(a)(6):

Eligible Investments means book-entry securities, negotiable instruments or securities represented by instruments in bearer or registered form which evidence:

Eligible Investments means instruments or investment property that evidence:

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

Eligible Investments. Any direct obligations of, and obligations fully guaranteed by, the United States of America, Xxxxxx Mae, the Federal Home Loan Banks, or any agency or instrumentality of the United States of America the obligations of which are backed by the full faith and credit of the United States of America.