Permitted Investments definition
Permitted Investments means:
Permitted Investments means any of the following:
Permitted Investments. At any time, any one or more of the following obligations and securities:
Examples of Permitted Investments in a sentence
The Borrower shall not at any time make or hold any Investment, except Permitted Investments.
Neither Borrower nor any of its Subsidiaries owns any stock, shares, partnership interests or other equity securities except for Permitted Investments.
More Definitions of Permitted Investments
Permitted Investments. One or more of the following:
Permitted Investments. Any one or more of the following obligations or securities acquired at a purchase price of not greater than par, regardless of whether issued by the Servicer, the Trustee or any of their respective Affiliates:
Permitted Investments means book-entry securities, negotiable instruments or securities represented by instruments in bearer or registered form that evidence:
Permitted Investments has the meaning set forth in Section 6.3.
Permitted Investments means any one or more of the following obligations or securities acquired at a purchase price of not greater than par, including those issued by Servicer, the trustee under any Securitization or any of their respective Affiliates, payable on demand or having a maturity date not later than the Business Day immediately prior to the first Payment Date following the date of acquiring such investment and meeting one of the appropriate standards set forth below:
Permitted Investments as defined in Code Sections 860G(a)(3) and (5), respectively, and (ii) no property shall be contributed to the REMIC after the start-up day unless such contribution would not subject the Trust Estate to the 100% tax on contributions to a REMIC after the start-up day of the REMIC imposed by Code Section 860G(d).
Permitted Investments. Any one or more of the following obligations or securities held in the name of the Trustee for the benefit of the Certificateholders: