Examples of Permitted Interim Investments in a sentence
Any part of the Initial Capital Contributed that is not immediately required by OSEG, the Limited Partnership or a Component Limited Partnership for the purposes of the Total Project may be invested by OSEG in Permitted Interim Investments.
All deposits and other funds not immediately needed in the operation of the business may be invested in Permitted Interim Investments; provided, however, that prior to the sale by the Partnership of the minimum number of Units, no funds paid by subscribers for Units shall be invested in tax-exempt notes or bonds.
The First Nation is restricted to spending the funds on eligible expenditures outlined in the partnership agreement in one of six categories (Community Development, Health, Education, Economic Development, Cultural Development, Permitted Interim Investments).
Subject to Accruals, Permitted Interim Investments, Partnership Expenses and any Collective Use Monies, all funds received by OFNLP 2008 under Article 2 shall be distributed among the OFNLP 2008 Limited Partners in accordance with the provisions contained in Articles 6 and 7 of the OFNLP 2008 Partnership Agreement.
As of September 30, 2000, Permitted Interim Investments equal approximately $11,800,000.
All funds so withheld shall be maintained by the Partnership in Permitted Interim Investments (as defined in the Partnership Agreement) until released to the appropriate party (together with the earnings thereon) upon final resolution of the matter (which resolution shall require the approval of a Majority in Interest of the Limited Partners) or as directed by a court of applicable jurisdiction.
Late submissions will not be entertained.• For efforts involving multiple co-workers (in UCSI University), application must be submitted by a representative in the group.