High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by Standard & Poor’s, a division of The McGraw-Hill Companies (A-1) or by DBRS Limited (R-1(high)), banker’s acceptances and government guaranteed obligations all with a term of one year or less, and interest-bearing deposits with Canadian banks, trust companies or other like institutions in the business of providing commercial loans, operating loans or lines of credit to companies.
High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“A-1”) or by DBRS Limited (“R-1”), Government of Canada treasury bills, banker’s acceptances, and government guaranteed obligations, all with a term of one year or less, and deposits with Canadian banks or trust companies.
High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by Standard & Poor’s, a division of The McGraw Hill Companies (A-1) or by DBRS Limited (R-1), banker’s acceptances and government guaranteed obligations all with a term of one year or less, and interest-bearing deposits with Canadian banks, trust companies or other like institutions in the business of providing commercial loans, operating loans or lines of credit to companies, but does not include bank-sponsored or non-bank sponsored asset backed commercial paper.
Examples of High Quality Money Market Instruments in a sentence
For purposes of this Agreement, "High Quality Money Market Instruments" are (i) U.S. dollar-denominated instruments that have a remaining maturity of 397 days or less and (ii) issued by an issuer that is rated in one of the two highest rating categories for short-term debt by any two nationally recognized statistical rating organizations ("NRSROs") or, if only one NRSRO has issued a rating, by that NRSRO, or if unrated, the investment advisor determines the issuer is of comparable quality.
Pending Distribution to the Partners of any net cash balance available for Distribution from time to time, and except for such portions thereof as the General Partner may, in its sole discretion, acting reasonably and in good faith, determine should be retained in cash to fund payment of the Partnership’s fees and expenses, such balances shall be invested by the General Partner in High Quality Money Market Instruments of suitable maturities.
More Definitions of High Quality Money Market Instruments
High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by Standard & Poor’s, a division of The McGraw-Hill Companies (A-1) or by DBRS Limited (R-1(high)), banker’s acceptances and government guaranteed obligations all with a term of one year or less, and interest-bearing
High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by Canadian Bond Rating Service ("A-1") or by Dominion Bond Rating Service ("R-1"), banker's acceptances and debt instruments issued or guaranteed by the Government of Canada or a province of Canada, all with a term of one year or less, and interest bearing deposits with Canadian chartered banks or trust companies;
High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by Standard & Poor’s Ratings Services, a Division of the McGraw-Hill Companies (Canada) Corporation (“AAA”) or by DBRS Limited (“R-1(high)”), Government of Canada treasury bills, banker’sacceptances, and government guaranteed obligations, all with a term of one year or less, deposits and guaranteed investment certificates with Schedule I Canadian banks or trust companies.
High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by Standard & Poor’s, a division of The XxXxxx-Xxxx Companies (A-1) or by DBRS Limited (R-1), banker’s acceptances and government guaranteed obligations all with a term of one year or less, and interest-bearing deposits with Canadian banks, trust companies or other like institutions in the business of providing commercial loans, operating loans or lines of credit to companies;
High Quality Money Market Instruments means money market instruments which are accorded the highest rating category by a Canadian Bond Rating Service (A-1) or by Dominion Bond Rating Service (R-1), banker’s acceptances and government guaranteed obligations all with a term of one year or less, and interest-bearing deposits with Canadian banks, trust companies or other like institutions in the business of providing commercial loans, operating loans or lines of credit to companies.