Money Market Securities definition

Money Market Securities shall be deemed to include, without limitation, debt obligations issued or guaranteed as to principal and interest by the government of the United States or agencies or instrumentalities thereof, commercial paper, certificates of deposit and bankers' acceptances, repurchase and reverse repurchase agreements with respect to the same and bank time deposits, where the purchase and sale of such securities normally requires settlement in federal funds on the same date as such purchase or sale.

Money Market Securities means money market instruments that are uncertificated securities reflected in an uncertificated securities register;

Money Market Securities means securities with an original maturity of less than one year;

Examples of Money Market Securities in a sentence

• SECURITY OR SECURITIES - Money Market Securities, common stock, preferred stock, options, financial futures, bonds, notes, debentures, corporate debt securities, mortgages, and any certificates, receipts, warrants, or other instruments representing rights to receive, purchase, or subscribe for the same or evidencing or representing any other rights or interest therein, or any property or assets.

• Inter-scheme transfers will be done in line with regulatory requirements and applicable internal policies as determined by the Valuation Committee.Security TypeInter scheme PolicyListed Equity SharesInter scheme to be done on latest quote for a particular security on Bloomberg, reuters, etc.Debt &Money Market Securities (Government Securities/ Treasury bills/ Commercial Paper/ Certificateof Deposit / Bonds/Zero Coupon Bonds/ Bills/Floating rate securities/ Securitization, etc.)i.

• The Fund shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions confirmed in writing in accordance with Section 11(h) hereof or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Series in the Book-Entry System or the Depository.

• The Fund shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions confirmed in writing in accordance with Section 11(h) hereof or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Fund in the Book-Entry System or the Depository.

• The Company shall have the right to increase the interest rate paid on the Money Market Securities at any time without prior notice to the Holders of the Money Market Securities.

More Definitions of Money Market Securities

Money Market Securities. ’ means money market instruments that are uncertificated securities reflected in an uncertificated securities register; ‘‘National Payment System Act’’ means the National Payment System Act, 1998 (Act No. 78 of 1998);

Money Market Securities means money market securities issued by Money Market Funds. “Money Market Fund” means any registered investment company that meets the conditions of paragraphs (c)(2), (c)(3) and (c)(4) of Rule 2a-7 under the Investment Company Act of 1940, as amended, that invests exclusively in cash, securities of the U.S. government, securities of government-sponsored enterprises created by the U.S. Congress and privately issued money market securities that have been rated by at least one “nationally recognized statistical rating organization” (as that term is used in Section 15E of the Securities Exchange Act of 1934, as amended) and received the highest credit rating (as of the date hereof, A1 in the case of Standard & Poor’s Ratings Service and P1 in the case of Xxxxx’x Investor Service, Inc.) from each nationally recognized statistical rating organization that has rated them. “Government Securities” shall mean noncallable direct obligations of, or noncallable obligations the payment of principal of and interest on which are unconditionally guaranteed by, the United States of America. All such amounts shall remain so invested until the Scheduled Interest Payment Date whereupon the Escrow Agent shall withdraw such amounts allocated for the applicable Scheduled Interest Payment pursuant to Section 4 hereof. All interest accrued on the Escrow Funds, if any, shall be added to the Escrow Account and be part of the Escrow Account for all purposes hereunder. The Escrow Agent shall not be liable for any losses, liabilities, charges, or claims resulting from any depreciation in the market value of such investments or from any sale or liquidation thereof. As and when the Escrow Funds and any interest or income thereon, if any, is to be released under this Agreement, the Escrow Agent shall cause the Permitted Securities to be converted into cash in accordance with its customary procedures. All Permitted Securities from time to time credited to the Escrow Account constituting a “security entitlement” as defined in Section 8-102(a)(17) of the New York UCC shall be held in the name of the Trustee (or its nominee) and in no event shall the Company be or be deemed to be the “entitlement holder” (as such term is defined in Section 8-102(a)(7) of the New York UCC) with respect thereto.

Money Market Securities means securities issued by money market funds that (i) are registered investment companies under the Investment Company Act and (ii) comply with all of the criteria set forth in Rule 2a-7 under the Investment Company Act.

Money Market Securities. The term Money Market Securities shall be deemed ----------------------- to include, without limitation, debt obligations issued or guaranteed as to principal and interest by the government of the United States or agencies or instrumentalities thereof, commercial paper, certificates of deposit and bankers' acceptances, repurchase and reverse repurchase agreements with respect to the same and bank time deposits, where the purchase and sale of such securities normally requires settlement in federal funds on the same date as such purchase or sale.

Money Market Securities means any general taxable 2a7 money market fund with an asset size greater than $3 billion.

Money Market Securities means money market securities issued by Money Market Funds. “Money Market Fund” means any registered investment company that meets the conditions of paragraphs (c)(2), (c)(3) and (c)(4) of Rule 2a-7 under the Investment Company Act of 1940, as amended, that invests exclusively in securities of the U.S. government, securities of government-sponsored enterprises created by the U.S. Congress and commercial paper that have been rated by at least one “nationally recognized statistical rating organization” (as that term is used in Section 15E of the Securities Exchange Act of 1934, as amended) and received the highest credit rating (as of the date hereof, A1 in the case of Standard & Poor’s Ratings Service and P1 in the case of Xxxxx’x Investor Service, Inc.) from each nationally recognized statistical rating organization that has rated them. “Government Securities” shall mean noncallable direct obligations of, or noncallable obligations the payment of principal of and interest on which are unconditionally guaranteed by, the United States of America. “U.S. Bank Certificates of Deposit” shall mean certificates of deposit, or interest-bearing time deposits, issued by the Escrow Agent or any Affiliate of the Escrow Agent, in each case which shall be a bank or trust company organized under the laws of the United States or any state thereof having undivided capital and surplus of at least $100,000,000, the general unsecured short-term obligations (or in the case of the principal bank holding company, short-term obligations of the bank holding company) of which are rated not lower than “A-1” by S&P and “P-1” by Moody’s and the long-term debt obligations (or in the case of the principal bank holding company, debt obligations of the bank holding company) of which are rated not lower than “AA-” by S&P or “Aa3” by Moody’s; provided, that if the issuer of any such certificates of deposit or interest-bearing time deposits held in the Escrow Account shall fail at any time after the time of purchase to meet such criteria, the Escrow Agent will promptly notify the Company of such, and the Company may promptly instruct the Escrow Agent to reinvest all funds represented by such certificates of deposit or interest-bearing time deposits to be reinvested in another Permitted Security. All such amounts shall remain so invested until the close of business on the Business Day prior to any withdrawal by the Escrow Agent pursuant to Section 4 hereof. All interest accrued on the Escrow F...

Money Market Securities means securities issued by money market funds that either (i) (x) are registered investment companies under the Investment Company Act and (y) comply with all of the criteria set forth in Rule 2a-7 under the Investment Company Act; or (ii) are not registered investment companies under the Investment Company Act but comply with all of the criteria set forth in Rule 2a-7 under the Investment Company Act as if they were registered investment companies.