Purpose Investment definition

Purpose Investment means an investment that is acquired to carry out the governmental purpose of an issue.
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Purpose Investment means an Investment that is acquired to carry out the governmental purpose of an issue. The Agreement constitutes a Purpose Investment.
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Purpose Investment means Investment Property purchased with Gross Proceeds of the Governmental Obligations to carry out the governmental purpose for which the obligations were issued, as provided in Treas. Reg.
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Examples of Purpose Investment in a sentence

  • The subsidiary company Sopharma Buildings REIT has the status of a joint-stock special-purpose investment company within the meaning of the Bulgarian Special Purpose Investment Companies Act (SPICA).

  • November 2, 2015 Purpose Multi-Strategy Market Neutral Fund Neuberger Berman Breton Hill ULC September 13, 2013 Purpose Credit Opportunities Fund Purpose Investment Partners Inc June 30, 2014 Purpose Gold Bullion Fund N/A October 10, 2018Purpose Silver Bullion Fund* N/A June 8, 2009Purpose Bitcoin ETF N/A February 23, 2021Purpose Ether ETF N/A April 19, 2021* Silver Administrators Ltd.

  • Corporate income taxThe Company is established pursuant to the provisions of the Special Purpose Investment Companies Act (SPICA) and is exempt from taxation with Bulgarian corporate income tax in compliance with Article 175 of the Corporate Income Tax Act.As a result, the Company does not owe and has not accrued current income tax and deferred income tax for the relevant period as reported in the present financial statements.

  • In compliance with the requirements of the Special Purpose Investment Companies Act (SPICA) the Company is obliged to distribute as dividend not less than 90% of the profit (accounting profit) for the financial year, adjusted with the effect from subsequent valuations of investment property and the effect from all transactions with investment property, carried out throughout the year.

  • Effective July 1, 2004, Section 17.61(1), Florida Statutes was amended to permit organizations created by the Florida Constitution to participate in the existing State Treasury Investment Pool “Special Purpose Investment Account (SPIA).” Historically, SPIA participants have received higher earnings reflecting the higher risk associated with the longer maturities and lower credit quality.

  • In compliance with the requirements of the Special Purpose Investment Companies Act (SPICA) the Company is obliged to distribute as dividend not less than 90% of the profit (book profit) for the financial year, adjusted with the effect from subsequent valuations of investment property and the effect from all transactions with investment property, carried out throughout the year.

  • The regulatory asset and liability associated with employee future benefits includes the actuarially determined unamortized net actuarial losses, past service costs and credits, and transitional obligations associated with defined benefit pension and OPEB plans maintained by the Corporation’s regulated utilities, which are expected to be recovered from, or refunded to, customers in future rates (Note 26).

  • The majority of the invested assets of the estates are combined into two main pooled accounts: The Receiver’s operating account held at Wells Fargo and the Special Purpose Investment Account held at the State of Florida Treasury.

  • Most the invested assets of the estates are combined into two main pooled accounts: The Receiver’s operating account held at Wells Fargo and the Special Purpose Investment Account held at the State of Florida Treasury.

  • The investments are expected to achieve the following: • As a benchmark for investment returns, the University’s investment portfolio, net of fees, should strive to equal or exceed the returns provided by the State Treasurer’s Special Purpose Investment Account (SPIA) plus 100 basis points (1.00%).


More Definitions of Purpose Investment

Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Series 2017/2018 Bonds, which is (i) redemption of the 2037 maturity of the Series 2012 Bonds; and (ii) payment of a portion of the costs associated with such issuance.
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Purpose Investment means Investment Property purchased with Gross Proceeds of the Governmental Obligations to carry out the governmental purpose for which the obligations were issued, as provided in Treas. Reg. §1.148-1(b), issued under the Code. "Qualified 501(c)(3) Bond" means any Qualified Private Activity Bond that satisfies the requirements of Section 145 of the Code. "Qualified Private Activity Bond" means any Private Activity Bond that satisfies the requirements of Section 141(e) of the Code.
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Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Bonds, which is to provide funding for the acqui- sition of the Project, and any necessary related improvements thereto, and to pay a portion of the costs associated with such issuance.
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Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Series 2010 Bonds, which is to fund (i) (i) renovation of Elliott, Stoddard and Bishop Halls; (ii) infrastructure upgrades relating to proposed new housing facilities; (iii) safety upgrades; (iv) planning for Marcum Center additions; (v) Havighurst Hall HVAC replacement; (vi) infrastructure upgrades and extensions for Armstrong Student Center, modification to Gaskill and Rowan Halls and initial construction phase (vii) renovation of Phillips Hall; and (viii) payment of a portion of the costs associated with such issuance.
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Purpose Investment means an investment acquired in order to carry out the governmental purpose of the Series 2012 Bonds, which is (i) to refund a portion of the remaining Miami University General Receipts Revenue and Refunding Bonds, Series 2003, dated October 21, 2003, currently outstanding in the principal amount of
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Purpose Investment means any Investment that is acquired with the Gross Proceeds of an issue of obligations to carry out the governmental purpose for which such issue was issued.
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Related to Purpose Investment

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Follow-On Investment means (i) with respect to a Regulated Fund, an additional investment in the same issuer in which the Regulated Fund is currently invested; or (ii) with respect to an Affiliated Fund, (X) an additional investment in the same issuer in which the Affiliated Fund and at least one Regulated Fund are currently invested; or (Y) an investment in an issuer in which at least one Regulated Fund is currently invested but in which the Affiliated Fund does not currently have an investment. An investment in an issuer includes, but is not limited to, the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • Qualified investment has the meaning set forth in Section 313.021(1) of the TEXAS TAX CODE, as interpreted by the Comptroller’s Rules.

  • Investment Account As defined in Section 3.12(a).

  • Alternative Investments means investments in the said State which are within the ability and competence of the Company or of corporations which are related to the Company for the purposes of the Companies (Western Australia) Code and which are approved by the Minister from time to time as alternative investments for the purpose of this Agreement (which approval shall not be unreasonably withheld in the case of an investment which would add value or facilitate the addition of value, beyond mining, to the mineral resources of the said State);”;