Investment Obligation definition

Investment Obligation means any security or investment authorized by Section 159-30 of the General Statutes of North Carolina, as may be amended from time to time, or any substitute or successor statute.
Investment Obligation means any of the following which at the time are legal investments for moneys of the Trust:
Investment Obligation means any of the following:

Examples of Investment Obligation in a sentence

  • Failure to fulfill the investment obligations, in full or in part, shall give the right to the Agency to claim penalties in the amount of 120% (hundred and twenty percent) of the amount that the Buyer has failed to invest, in accordance with the provisions on the Investment Obligation.

  • Investment of Funds Moneys on deposit to the credit of the Funds and Accounts under the General Bond Resolution shall be invested by the Authority in Investment Obligations permitted under the General Bond Resolution and the Act; provided, that no Investment Obligation shall have a maturity date beyond the date upon which the moneys in the respective Fund or Account are required or are likely to be needed for the purposes of the respective Fund or Account to which such Investment Obligation is credited.

  • A default by the Company of the Company's obligations to the Finders shall be deemed a default under the Agreement and shall terminate the Investment Obligation.

  • In such circumstances the Issuer would seek to recover the original Collateral Debt Obligation and the Special Situation Investment Obligation representing the further capital investment from the relevant Obligors in accordance with applicable insolvency, bankruptcy or analogous laws.

  • The Buyer shall ensure every year to the Seller a valid proof on the actual investments as determined in the Investment Obligation provision.


More Definitions of Investment Obligation

Investment Obligation means any investment that the Issuer is authorized to acquire pursuant to the Kentucky Revised Statutes, as amended from time to time, and to the extent, if any, that the funds then proposed for investment are governed by an applicable formal investment policy of the Issuer, which complies with such investment policy.
Investment Obligation means any of the investments listed in Exhibit A hereto; “Investment Obligor” means the issuer or other obligor on an Investment Obligation in which moneys held for the credit of any Fund or Account hereunder have been invested or deposited in accordance herewith;
Investment Obligation means any security or investment authorized by the law governing the School District, as may be amended from time to time, or any substitute or successor laws.
Investment Obligation means any of the following which at the time is a legal investment for fiduciaries under the laws of the State for the money held under the Indenture and for the Corporation under the Act which is then proposed to be invested therein: (i) obligations to which the faith and credit of the United States of America are pledged (including receipts evidencing ownership of future interest and principal payments on obligations of the United States of America), (ii) obligations the payment of the principal of and interest on which are unconditionally guaranteed by the United States of America,
Investment Obligation means any of the investments listed in Exhibit A hereto;
Investment Obligation means any of the following which at the time are lawful investments under the laws of the State for the moneys held hereunder then proposed to be invested therein:
Investment Obligation means any of the following which at the time are lawful investments under the laws of the State for the moneys held hereunder then proposed to be invested therein: (1) direct general obligations of the United States of America or of the State, or obligations the payment of the principal of and interest on which are unconditionally guaranteed by the United States of America, any federal agency of the United States of America, or the State; (2) bonds, consolidated bonds, collateral trust debentures, consolidated debentures, or other obligations issued by Federal Land Banks or Federal Intermediate Credit Banks established under the Federal Farm Loan Act, as amended, debentures and consolidated debentures issued by the Central Bank for Cooperatives and Banks for Cooperatives established under the Farm Credit Act of 1933, as amended, bonds or debentures of the Federal Home Loan Bank Board established under the Federal Home Loan Bank Act, bonds, debentures and other obligations of Fannie Mae or of the Government National Mortgage Association, established under the National Housing Act, as amended, bonds of any Federal Home Loan Bank established under said act, bonds, debentures and other obligations of the Federal Home Loan Mortgage Corporation guaranteeing timely payment of principal and interest, bonds, notes, and other obligations issued by the Tennessee Valley Authority under the Tennessee Valley Authority Act, as amended, except, in each case, securities evidencing ownership interests in specified portions of the interest on or principal of such obligations; (3) commercial paper rated within the highest short-term Rating Category of each Rating Agency and issued by corporations (a) organized and operating within the United States; and (b) having total assets in excess of five hundred million dollars ($500,000,000); (4) bills of exchange or time drafts drawn on and accepted by a commercial bank the general obligations of which are rated within the highest short-term rating and the highest two Rating Categories by each Rating Agency, otherwise known as bankers acceptances, which are eligible for purchase by the Federal Reserve System, and negotiable certificates of deposits issued by a nationally or state chartered bank or savings and loan association which are insured by federal deposit insurance, or which are issued by an institution the general obligations of which are rated within the highest short-term rating and the highest two Rating Categories by each...