Purpose Investment definition

Purpose Investment means an investment that is acquired to carry out the governmental purpose of an issue.

Purpose Investment means an Investment that is acquired to carry out the governmental purpose of an issue.

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.

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.

• 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.

• 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.

• The Florida State Treasury operates a special investment program for public entities and is called the Special Purpose Investment Account (“SPIA”).

• These investments are reported at fair value, which is amortized cost.The District’s investments in the State Treasury Special Purpose Investment Account (SPIA) investment pool managed by the Florida Department of Financial Services, Division of Treasury, represent ownership of a share of the pool, not the underlying securities.

• 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.

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.

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.

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

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.

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.