Money Market Investments means an investment by the Fund in (i) securities issued by any government or governmental authority, (ii) bank certificates of deposit, (iii) time deposits, (iv) commercial paper or (v) money market instruments, including money market mutual funds.
Money Market Investments means (a) any security issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality thereof or having a remaining maturity of not more than 270 days, (b) any certificate of deposit, eurodollar time deposit and banker’s acceptance with remaining maturity of not more than 270 days, any overnight bank deposit, any demand deposit account, in each case with Lender or with any United States commercial bank having capital and surplus in excess of $500,000,000 and rated B or better by Thomson Bankwatch Inc., (c) any repurchase obligation with a term of not more than seven days for underlying securities of the types described in clauses (a) and (b) above entered into with any financial institution meeting the qualifications specified in clause (b) above, and (d) any commercial paper issued by Lender and any other commercial paper rated A-1 by Standard & Poor’s Rating Group of Prime-1 by Xxxxx’x Investors Service, Inc. and in any case having a remaining maturity of not more than 270 days.
Money Market Investments means (a) direct obligations of the United States of America, or of any agency thereof, or obligations guaranteed as to principal and interest by the United States of America, or of any agency thereof, in either case maturing not more than one year from the date of acquisition thereof; (b) certificates of deposit issued by any bank or trust company organized under the laws of the United States of America or any state thereof and having capital, surplus and undivided profits of at least $500,000,000, maturing not more than 90 days from the date of acquisition thereof; (c) commercial paper rated A-1 or better P-1 or better by Standard & Poor's Ratings Group or Xxxxx'x Investors Services, Inc., respectively, maturing not more than 90 days from the date of acquisition thereof; and (d) shares in an open-end management investment company with U.S. dollar denominated investments in fixed income obligations, including repurchase agreements, fixed time deposits and other obligations, with a dollar weighted average maturity of not more than one year, and for the calculation of this dollar weighted average maturity, certain instruments which have a variable rate of interest readjusted no less frequently than annually are deemed to have a maturity equal to the period remaining until the next readjustment of the interest rate.
Examples of Money Market Investments in a sentence
AND BE IT FURTHER RESOLVED that the Board Secretary be authorized on behalf of the Board of Education to change existing account types and establish new Statement Savings, NOW, Special Checking and/or Money Market Investments Accounts in the above depository when in the best interests of the Board of Education.
The following Securities are not subject to this prohibition: • Registered open-end investment companies (but not Restricted Exchange Traded Funds); • Unrestricted Exchange Traded Funds (including short sales thereof); • Financial Futures and short sales of Financial Futures; • U.S. Government Securities and other Exempted Government Securities; • Money Market Investments; • Securities held or to be acquired by a Discretionary Account; and • Currencies and forward contracts on currencies.
Any money deposited in the Proceeds Escrow Account may be invested by the Escrow Agent at the direction of the Issuer in Short-Term Money Market Investments and/or Government Securities having maturities no greater than thirty (30) days and subject to redemption at the option of the holder thereof at any time, provided that any risk of loss on such investments shall be borne by the Issuer.
The Trust recognizes that in some cases this procedure may adversely affect the results obtained for UBS PACE Money Market Investments.
Any money deposited in the Proceeds Escrow Account may be invested by the Escrow Agent at the direction of the Issuer in Short-Term Money Market Investments and/or Government Securities having maturities no greater than thirty (30) days and subject to redemption of the option of the holder thereof at any time, provided that any risk of loss on such investments shall be borne by Issuer.
More Definitions of Money Market Investments
Money Market Investments means instruments such as GICs, bankers' acceptances, T-bills, etc.
Money Market Investments means (a) any security issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality thereof or having a remaining maturity of not more than 270 days, (b) any certificate of deposit, eurodollar time deposit and banker's acceptance with remaining maturity of not more than 270 days, any overnight bank deposit, any demand deposit account, in each case with any Lender or with any United State commercial bank having capital and surplus in excess of $500,000,000 and rated B or better by Thomson Bankwatch Inc., (c) any repurchase obligation with a term of not more than seven days for underlying securities of the types described in clauses (a) and (b) above entered into with any financial institution meeting the qualifications specified in clause (b) above, and (d) any commercial paper issued by any Lender or the parent corporation of any Lender and any other commercial paper rated A-1 by Standard & Poor's Rating Group of Prime-1 by Xxxxx'x Investors Service, Inc. and in any case having a remaining maturity of not more than 270 days.
Money Market Investments means (a) direct obligations of the United States of America, or of any agency thereof, or obligations guaranteed as to principal and interest by the United States of America, or of any agency thereof, in either case maturing not more than one year from the date of acquisition thereof; (b) certificates of deposit issued by any bank or trust company organized under the laws of the United States of America or any state thereof and having capital, surplus and undivided profits of at least $500,000,000, maturing not more than 90 days from the date of acquisition thereof; (c) commercial paper rated A-1 or better or P-1 or better by S&P or Moody's, respectively, maturing not more than 90 days from the date of acquisition thereof; and (d) shares in an open-end management investment company with U.S. dollar denominated investments in fixed income obligations, including repurchase agreements, fixed time deposits and other obligations, with a dollar weighted average maturity of not more than one year, and for the calculation of this dollar weighted average maturity, certain instruments which have a variable rate of interest readjusted no less frequently than annually are deemed to have a maturity equal to the period remaining until the next readjustment of the interest rate.
Money Market Investments means (a) direct obligations of the United States of America, or of any agency thereof, or obligations guaranteed as to principal and interest by the United States of America, or of any agency thereof, in either case maturing not more than one year from the date of acquisition thereof; (b) certificates of deposit issued by any bank or trust company organized under the laws of the United States of America or any state thereof and having capital, surplus and undivided profits of at least $500,000,000, maturing not more than ninety (90) days from the date of acquisition thereof; (c) commercial paper rated A-1 or better P-1 or better by Standard & Poor's Ratings Group or Xxxxx'x Investors Services, Inc., respectively, maturing not more than ninety (90) days from the date of acquisition thereof; and (d) shares in an open-end management investment company with U.S. dollar denominated investments in fixed income obligations, including repurchase agreements, fixed time deposits and other obligations, with a dollar weighted average maturity of not more than one year, and for the calculation of this dollar weighted average maturity, certain instruments which have a variable rate of interest readjusted no less frequently than annually are deemed to have a maturity equal to the period remaining until the next readjustment of the interest rate.
Money Market Investments. Government securities, banker’s acceptances, certificates and accounts of savings and loan associations, commercial paper, certificates of deposit, treasury bills, other money market investments with maturities of less than twelve months and other similarly liquid securities providing for appropriate safety of principal. Net Income or Loss shall have the meaning set forth in Section 4.2(g). Net Proceeds shall mean cash representing or deemed to represent cash proceeds received by the Partnership on the sale or exchange of Securities. New Issues Rule shall have the meaning set forth in Section 10.3.
Money Market Investments means (a) direct obligations of the United States of America, or of any agency thereof, or obligations guaranteed as to principal and interest by the United States of America, or of any agency thereof, in either case maturing not more than one year from the date of acquisition thereof; (b) certificates of deposit issued by any bank or trust company organized under the laws of the United States of America or any state thereof and having capital, surplus and undivided profits of at least
Money Market Investments means (a) money market deposits of any commercial bank incorporated in the United States or a G7 Country with a rating of at least (i) AA- from S&P or (ii) Aa3 from Moody’s and maturing within two years from the date of determination; provided that if there is a split in the ratings, the applicable rating for purposes of this definition shall be the lower of such ratings of S&P, and Moody’s and (b) money market mutual funds with institutions not affiliated with the Lenders with same-day liquidity and with a rating of (i) AAA from S&P or (ii) Aaa from Moody’s or (iii) “1” by the National Association of Insurance Commissioners Securities Valuation Office (or any successor thereto); provided that if there is a split in the ratings, the applicable rating for purposes of this definition shall be the lower of such ratings of S&P, Moody’s and National Association of Insurance Commissioners Securities Valuation Office.