Liquid Investment definition

Liquid Investment means a Permitted Investment (other than commercial paper) that matures within 30 days after it is first included in the Collateral.

Liquid Investment means (i) direct obligations of the United States or any agency thereof, (ii) obligations guaranteed by the United States or any agency thereof, (iii) money market funds that invest solely in obligations described in clauses (i) and (ii) of this definition, (iv) time deposits and money market deposit accounts issued by or guaranteed by or placed with a Lender, and (v) fully collateralized repurchase agreements for securities described in clause (i) or (ii) entered into with a Lender, provided in each case that such Liquid Investment (x) matures within 30 days after it is first included in the Collateral and (y) is in a form, and is issued and held in a manner, that in the reasonable judgment of the Collateral Agent permits appropriate measures to have been taken to perfect security interests therein.

Liquid Investment means (i) direct obligations of the United States or any agency thereof, (ii) obligations guaranteed by the United States or any agency thereof, (iii) time deposits and money market deposit accounts issued by or guaranteed by or placed with a Lender, and (iv) fully collateralized repurchase agreements for securities described in clause (i) or (ii) above entered into with a Lender, provided in each case that such Liquid Investment (x) matures within 30 days after it is first included in the Collateral and (y) is in a form, and is issued and held in a manner, that in the reasonable judgment of the Collateral Agent permits appropriate measures to have been taken to perfect security interests therein.

Examples of Liquid Investment in a sentence

• At the Meeting, the Committee, on behalf of BlackRock, provided the Board with a report that addressed the operation of the Program and assessed its adequacy and effectiveness of implementation, including the management of each Fund’s Highly Liquid Investment Minimum (“HLIM”) where applicable, and any material changes to the Program (the “Report”).

• At the Meeting, the Committee, on behalf of BlackRock, provided the Board with a report that addressed the operation of the Program and assessed its adequacy and effectiveness of implementation, including the management of the Fund’s Highly Liquid Investment Minimum (“HLIM”) where applicable, and any material changes to the Program (the “Report”).

• At the Meeting, the Committee, on behalf of BlackRock, provided the Board with a report that addressed the operation of the Program and assessed its adequacy and effectiveness of implementation, including the operation of each Fund’s Highly Liquid Investment Minimum (“HLIM”) where applicable, and any material changes to the Program (the “Report”).

• Additionally, in accordance with the Trust’s Liquidity Risk Management Program, the Adviser shall be responsible for classifying assets of the Fund into at least one of four liquidity categories on a daily basis, and notify the Trust immediately if the Fund exceeds the 15% limit in Illiquid Investments or falls below its Highly Liquid Investment Minimum, if any.

• PERA retains the services of external legal counsel for investment-related advice and to review and negotiate terms and provisions of Liquid Investment and Illiquid Investment documents.

More Definitions of Liquid Investment

Liquid Investment means any investment in the name of Secured Party (and, in the opinion of counsel to Secured Party, appropriately subject to a perfected security interest in favor of Secured Party) which matures within one month after it is acquired by Secured Party and is either (A) a certificate of deposit or time deposit issued by Secured Party or (B) an obligation entitled to the full faith and credit of the United States which is in book-entry form and subject to pledge under applicable state law and Treasury regulations.

Liquid Investment at any date means an investment in or on the security of Canadian dollar obligations:

Liquid Investment means an investment in securities and other assets that are typically traded on public exchanges and can be converted into cash quickly and with minimal impact to the price

Liquid Investment means (i) direct obligations of the United States or any agency thereof, (ii) obligations guaranteed by the United States or any agency thereof, (iii) time deposits and money market deposit accounts issued by or guaranteed by or placed with a financial institution reasonably acceptable to the Administrative Agent, and (iv) fully collateralized repurchase agreements for securities described in clause (i) or (ii) above entered into with a financial institution reasonably acceptable to the Administrative Agent, provided in each case that such Liquid Investment (x) matures within 30 days after it is first included in the Collateral and (y) is in a form, and is issued and held in a manner, that in the reasonable judgment of the Administrative Agent permits appropriate measures to have been taken to perfect security interests therein.

Liquid Investment means a Permitted Investment that matures within 30 days after it is first included in the Collateral.

Liquid Investment means an investment in securities and other assets that are typically traded on public exchanges and can be converted into cash quickly and with minimal impact to the price received. These assets are identified in the Investment Policy. As explained in the Investment Policy, Liquid Investments include global equities (public and low volatility equities), risk reduction and mitigation strategies (public domestic and global core bonds), credit (public high yield and emerging market debt), and real assets (liquid real estate and liquid real assets). Liquid Investments were typically referred to as traditional assets in prior versions of this Policy.

Liquid Investment is defined in the Security Agreement.