Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:
Permitted Investment means any Investment by the Company or a Restricted Subsidiary in:
Permitted Investment means, at any time:
Examples of Permitted Investment in a sentence
The Trustee or any of its affiliates may act as agent in the making or disposing of any investment and may act as sponsor or advisor with respect to any Permitted Investment.
We accept no liability for the present tax status or for any change in the future of the tax status of any Permitted Investment within your Portfolio.
More Definitions of Permitted Investment
Permitted Investment means an Investment by the Issuer or any Restricted Subsidiary in:
Permitted Investment means the following:
Permitted Investment. One or more of the following:
Permitted Investment an Investment by the Borrower or any Restricted Subsidiary in, or consisting of, any of the following:
Permitted Investment means:
(i) Investments existing on the Closing Date and disclosed in the Schedule;
(ii) (a) Marketable direct obligations issued or unconditionally guaranteed by the United States of America or any agency or any State thereof maturing within one (1) year from the date of acquisition thereof, (b) commercial paper maturing no more than one (1) year from the date of creation thereof and currently having rating of at least A-2 or P-2 from either Standard & Poor’s Corporation or Xxxxx’x Investors Service, (c) Bank’s or Bank’s Affiliates certificates of deposit maturing no more than one (1) year from the date of investment therein, and (d) Bank’s or Bank’s Affiliates money market accounts;
(iii) Investments accepted in connection with Permitted Transfers;
(iv) Investments of Grantor and/or its Subsidiaries in or to Guarantors that are also borrowers of Bank;
(v) Investments of Grantor and/or its Subsidiaries in or to Subsidiaries that are not both Guarantors and borrowers of Bank, not to exceed One Hundred Thousand Dollars ($100,000) in the aggregate in any fiscal year;
(vi) Investments (other than Investments consisting of loans) of Grantor in Borrower;
(vii) Investments not to exceed One Hundred Thousand Dollars ($100,000) in the aggregate in any fiscal year consisting of (a) travel advances and employee relocation loans and other employee loans and advances in the ordinary course of business, and (b) loans to employees, officers or directors relating to the purchase of equity securities of Grantor or its Subsidiaries pursuant to employee stock purchase plan agreements approved by Grantor’s Board of Directors;
(viii) Investments (including debt obligations) received in connection with the bankruptcy or reorganization of customers or suppliers and in settlement of delinquent obligations of, and other disputes with, customers or suppliers arising in the ordinary course of Grantor’s business;
(ix) Investments consisting of notes receivable of, or prepaid royalties and other credit extensions, to customers and suppliers who are not Affiliates, in the ordinary course of business, provided that this subparagraph (vii) shall not apply to Investments of Grantor in any Subsidiary; and
(x) Joint ventures or strategic alliances in the ordinary course of Grantor’s business consisting of the non-exclusive licensing of technology, the development of technology or the providing of technical support, provided that any cash Investments by Grantor do not exceed One Hundred Thou...