Equivalent Investments definition

Equivalent Investments. Investments or securities are “equivalent” to other Investments or securities if they are of the same issuer, and “Equivalent Securities” part of the same issue and of an identical type, nominal value, description and amount and have the same rights as those other Investments or securities: PROVIDED THAT, where any Investment or securities are subject to any Corporate Action, Xxxxxx Xxxxxxx may reasonably determine what Investments, securities or other assets (which may consist of or include money or other property) are to be treated as “equivalent” for this purpose; and the expressions “Equivalent Investment” and “Equivalent Securities” are to be construed accordingly

Equivalent Investments means at any time:

Equivalent Investments means an amount calculated as follows: Where: A is the Cash and Cash Equivalent Investments in the relevant Non-Wholly Owned Entity which is freely and unconditionally available for distribution to the shareholders of the applicable entity; B is the number of shares in the Non-Wholly Owned Entity held by a member of the Group as at each date this calculation is made; and C is the total number of issued shares in the Non-Wholly Owned Entity as at each date this calculation is made.

Examples of Equivalent Investments in a sentence

• Where a Morgan Stanley Company makes use of the Client's Investments, pursuant to paragraph I.1, and where such investments are South African Securities, MSI plc will deliver or procure the delivery by the relevant Morgan Stanley Company of Equivalent Investments, in accordance with paragraph I.2, within a period of twelve months from the date on which such South African Securities became the property of the relevant Morgan Stanley Company.

• Upon any such use, the Client will have a right against the Morgan Stanley Company (and to the extent that such Morgan Stanley Company fails to deliver Equivalent Investments, to MSI plc) for the delivery of Equivalent Investments in accordance with paragraph I.2. No Morgan Stanley Company will be permitted to exercise its right of use in relation to any additional Client Investments at any time following the occurrence of a MSI plc Act of Insolvency.

• Pending the use of the net proceeds to finance or refinance Allowable Project Spend, the Company shall maintain net proceeds in cash or Cash Equivalent Investments (as permitted under the CTA).

• Any and all funds held by the Collateral Agent in its capacity as Collateral Agent, whether pursuant to any provision of any of the Security Documents or otherwise, shall to the extent the Collateral Agent deems it feasible within a reasonable time be invested by the Collateral Agent in Cash Equivalent Investments.

• Hence(VD + ΔVD)/ (V + ΔV) = VD/V which can be simplified to ΔVD/ΔV = VD/V (2.5) However, since the gearing ratio, VD/V, is always less than unity, it follows that ΔVD/ΔV <1 which implies that ΔVD < ΔV.

• The Collateral Agent shall have no duty to place funds held pursuant to this Section 5.11 in investments which provide a maximum return; provided, however, that the Collateral Agent shall to the extent the Collateral Agent deems it feasible invest funds in Cash Equivalent Investments with reasonable promptness.

• Figure 1 illustrates how transcription-based discourse comments (<spanGrp type="DK">)20 and timeline-based speech-rate information (<spanGrp type ="speech-rate">) are represented in our corpora.

• Cash and Cash Equivalent Investments are relevant to the definition of Total [Net] Debt and thus a fundamental component of the Gearing ratio.

• Note the investment income for May 2017 is $372,802 bringing the total interest earned on Cash and Cash Equivalent Investments for the 2016/17 Financial Year to $4,470,735 which is $835,893 above the year to date budget.

• This evaluation plan will be reviewed and revised, as needed, with the Ministry of Health and USAID.

More Definitions of Equivalent Investments

Equivalent Investments means: 1. direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the government of Canada or the United States of America (or by any agency thereof to the extent such obligations are backed by the credit of Canada or the United States of America, as the case may be), in each case maturing within one year of the date such Investment is made; 2. marketable general obligations issued by any state of the United States of America or any Province or territory of Canada or any political subdivision of any such state, Province or territory or any public instrumentality thereof maturing within one year of the date such Investment is made and, at the time of such Investment, having a credit rating of A-1 from S&P or its equivalent from Xxxxx'x or its equivalent from DBRS; 3. investments in Canadian certificates of deposit, banker's acceptance and time deposits maturing within twelve (12) months of the date such Investment is made, issued, 104822.00280/115572577.6305585250.30