Other Permitted Investments means investments other than in Eligible Businesses that the Act permits the Fund to make, including, but not limited to, securities issued by governments, chartered banks and credit unions, consisting of guaranteed investment certificates, government bonds, provincial term deposits and commercial paper and deposit notes issued by Schedule I chartered banks and credit unions.
Other Permitted Investments means, at any time:
Other Permitted Investments shall include: (x) investments in securities of publicly traded entities; and (y) passive investments in businesses not competitive with the Business of the Company described below, it being acknowledged that a “passive investment” shall be deemed to mean an investment in a business that does not require or result in the participation of the Executive in the management or operations of such business, except during times other than regular business hours and which do not materially interfere with his services to the Company, and (c) “Cablecom Holdings/Jaguar” shall mean China Cablecom Holdings, Ltd. and Jaguar Acquisition Corporation (such entities are described in the Registration Statement on Form S-4, as the same may from time to time be amended, of China Cablecom Holdings, Ltd. filed with the Securities and Exchange Commission), the business of which shall include acting as a joint venture provider of cable television services in the People’s Republic of China and related activities, but which does not include the provision of Stand-Alone Broadband Services (as defined below)(collectively, the “Cablecom Business”). It is contemplated that the Executive shall, until such time as the Company and Parent have hired a Chief Financial Officer (A) remain an executive of the Company and specifically, continue to have all responsibilities of a principal financial and principal accounting officer, amended, and (B) take commercially reasonable efforts to further assure that such other activities with China Cablecom, Ltd., Cablecom Holdings/Jaguar (and any successor) will not materially interfere with his above-referenced obligations to the Company. Notwithstanding the foregoing, Executive will not divulge any confidential information or opportunities of the Company. At such time as the Company and Parent have hired a Chief Financial Officer and Principal Financial Officer, Executive’s work requirements shall be appropriately reduced further except that he shall remain Vice Chairman and Director of the Company and Parent during the term of his employment with the Company. The “Business” of the Company, for purposes of the scope or nature of activities to be performed by the Executive under this Agreement, shall relate to stand alone, independent broadband services, including electronic program/television program-type publications (collectively, “Stand Alone Broadband Services”).
Examples of Other Permitted Investments in a sentence
With respect to other wholly owned Permitted Investments, the Acquisition Fee payable by the Company to such third parities shall not exceed 1.5% of the Cost of Loans and Other Permitted Investments associated with such Permitted Investment.
Other Permitted Investments are those investments not included in the foregoing paragraphs 1 through 4, above, that the Reclamation Investment Committee will have approved.
Funds in the Debt Service Reserve Account and the Construction Reserve Account may be invested in Convertible Debt, Corporate Fixed Income Securities, Equities, Preferred Stock or Other Investments, each as defined below (the foregoing being "Other Permitted Investments").
NEGATIVE COVENANTS: Customary for facilities of this nature, applicable to the Borrower and the Guarantors, including but not limited to: 1) Maximum Permitted Investments (Joint Venture Investments, Development, and Other Permitted Investments): 25% of Total Assets.
Other Permitted Investments are those investments not included in the foregoing paragraphs 1 through 4, above, that the Investment Committee shall have approved.
More Definitions of Other Permitted Investments
Other Permitted Investments is defined in subsection (e) of the definition entitled “Permitted Investments” appearing alphabetically in this Section 13.1.
Other Permitted Investments means any of the following, in each case subject to the first priority perfected security interest of the Agent pursuant to arrangements acceptable to Agent, and maturing or being due or payable in full not more than 180 days after a Company’s acquisition thereof:
Other Permitted Investments shall include: (x) investments in securities of publicly traded entities; and (y) passive investments in businesses not competitive with the Business of the Company, it being acknowledged that a “passive investment” shall be deemed to mean an investment in a business that does not require or result in the participation of the Employee in the management or operations of such business, except during times other than regular business hours and which do not materially interfere with his services to the Company.
Other Permitted Investments means Investments described on Exhibit S --------------------------- --------- attached hereto.
Other Permitted Investments as defined in Section 6.5(i).
Other Permitted Investments means Investments expressly permitted by any Governmental Authority.
Other Permitted Investments means (i) investments permitted by the Investment Policy other than Cash Equivalents, and (ii) equity investments in connection with payments to entities engaged in researching and developing pharmaceutical products if the Borrower's primary purpose is to derive rights to such pharmaceutical products.