Permitted Foreign Investments means any of the following, to the extent held in the ordinary course of business and not for speculative purposes; (i) investments in certificates of deposit, banker’s acceptances and time deposits maturing within 364 days from the date of acquisition thereof issued or guaranteed by or placed with, and money market deposit accounts issued or offered by any office of any commercial bank organized under the laws of any jurisdiction outside of the United States of America, (ii) euros and Sterling, (iii) investments of the type and maturity described in clauses (a) through (g) of the definition of “Permitted Investments” of foreign obligors, which investments are reasonably appropriate in connection with any business conducted by the Borrower or its Subsidiaries (as determined by the Borrower in good faith) and which investments or obligors (or the parent companies of such obligors) have the ratings described in such clauses or equivalent ratings from S&P and Moody’s and (iv) other short term investments utilized by the Borrower and its Subsidiaries in accordance with normal investment practices for cash management in such country in investments analogous to the investments described in clauses (a) through (g) of the definition of “Permitted Investments” and in this paragraph and which are reasonably appropriate in connection with any business conducted by the Borrower or its Subsidiaries in such country (as determined by the Borrower in good faith).
Permitted Foreign Investments means, with respect to any Foreign Subsidiary, (i) government obligations of the country of such Foreign Subsidiary's organization, in each case with maturities of not greater than one year and (ii) investments by such Foreign Subsidiary in banks or other financial institutions that are not otherwise provided for in the definition of Cash Equivalents to the extent necessitated by commercial trade requirements or due to a lack of approved bank investment alternatives as individually approved by a Senior Financial Officer of the Borrower, in each case, with maturities of less than six months.
Permitted Foreign Investments means investments in certificates of deposit, banker’s acceptances and time deposits maturing within 364 days from the date of acquisition thereof issued or guaranteed by or placed with, and money market deposit accounts issued or offered by any office of any commercial bank organized under the laws of any jurisdiction outside of the United States of America.
Examples of Permitted Foreign Investments in a sentence
Make any Restricted Investment, other than Permitted Foreign Investments, so long as no Default or Event of Default exists or would result therefrom.
Make any Restricted Investment, other than, so long as no Default or Event of Default exists or would result therefrom, Permitted Acquisitions or Permitted Foreign Investments.
Amounts on deposit in the Notes DSR Account shall at all times be maintained in U.S.$ at a Qualifying Financial Institution, may only be invested in Permitted Foreign Investments and shall be disbursed by the Collateral Agent in accordance with Section 2.3(a).
Income earned on Permitted Foreign Investments from amounts on deposit in the Notes DSR Account shall accrue to the Revenue Account on the first day of each calendar month.
More Definitions of Permitted Foreign Investments
Permitted Foreign Investments means any of the following, to the extent held in the ordinary course of business and not for speculative purposes; (i) investments in certificates of deposit, banker’s acceptances and time deposits maturing within 364 days from the date of acquisition thereof issued or guaranteed by or placed with, and money market deposit accounts issued or offered by any office of any commercial bank organized under the laws of any jurisdiction outside of the United States of America, (ii) euros and Sterling, (iii) investments of the type and maturity described in clauses (a) through (g) of the definition of “Permitted Investments” of foreign obligors, which investments are reasonably appropriate in connection with any business conducted by the Borrower or its Subsidiaries (as determined by the Borrower in good faith) and which investments or obligors (or the parent companies of such obligors) have the ratings described in such clauses or equivalent ratings from S&P and Moody’s and (iv) other short term investments utilized by the Borrower and its Subsidiaries in accordance with normal investment practices for cash management in such country in investments analogous to the investments described in clauses (a) through (g) of the definition of “Permitted Investments” below and in this paragraph and which are reasonably appropriate in connection with any business conducted by the Borrower or its Subsidiaries in such country (as determined by the Borrower in good faith).
Permitted Foreign Investments means any of the following, to the extent held in the ordinary course of business and not for speculative purposes;
Permitted Foreign Investments means certificates of deposit issued by any Bank or by any other financial institution not organized under the laws of the United States or any state thereof having a combined capital and surplus aggregating at least Three Hundred Fifty Million Dollars ($350,000,000), or any other money-market investment if it carries the highest quality of rating of any nationally recognized rating agency or any repurchase agreements issued by banks continuously secured by
Permitted Foreign Investments means
Permitted Foreign Investments means any of the following, to the extent held in the ordinary course of business and not for speculative purposes; (i) investments in certificates of deposit, banker’s acceptances and time deposits maturing within 364 days from the date of acquisition thereof issued or guaranteed by or placed with, and money market deposit accounts issued or offered by any office of any commercial bank organized under the laws of any jurisdiction outside of the United States of America, (ii) euros and Sterling, (iii) investments of the type and maturity described in clauses (a) through (g) of the definition of “Permitted Investments” of foreign obligors, which investments are reasonably appropriate in connection with any business conducted by the Borrower or its Subsidiaries (as determined by the Borrower
Permitted Foreign Investments means (a) any investments in, or loans or advances to, any Foreign Subsidiary by the Parent Borrower or any Domestic Subsidiary or
Permitted Foreign Investments means (a) any investments in, or loans or advances to, any Foreign Subsidiary by the Borrower or any Domestic Subsidiary or (b) any letters of credit or Guarantees to support Permitted Foreign Indebtedness issued by or for the account of the Borrower or any Domestic Subsidiary. For purposes of determining the amount of any Permitted Foreign Investment outstanding at any time, (i) the amount of any investment, loan or advance made pursuant to clause (a) above shall equal the aggregate amount of the consideration (whether in cash or property, valued at the time each such investment, loan or advance is made) paid for such investment, loan or advance (net of any return of capital or principal of (but not dividends or interest