Rule 2a-7 money market fund definition

Rule 2a-7 money market fund means investments in an open-end management investment company registered with the federal securities and exchange commission under the federal Investment Company Act of 1940, 15 U.S.C. §80a-1 et seq., and operated in accordance with 17 C.F.R. §270.2a-7.

Examples of Rule 2a-7 money market fund in a sentence

• The LGIP is comparable to a Rule 2a-7 money market fund recognized by the Securities and Exchange Commission (17 CFR 270.2a-7).

• The LGIP is comparable to a Rule 2a-7 money market fund recognized by the Securities and Exchange Commission (17CFR.270.2a-7).

• The LGIP is comparable to a Rule 2a-7 money market fund, as currently recognized by the Securities and Exchange Commission (17CFR.270.2a-7).

• Except as otherwise expressly provided herein, none of the Borrower Entities, the Investment Manager or the Collateral Agent may at any time sell or permit the sale of any Eligible Investment (other than an Rule 2a7 money market fund) if the applicable Borrower Entity or the Investment Manager determines that such Eligible Investment will sell at a price that is below such Borrower Entity’s purchase price of such Eligible Investment.

• Except as otherwise expressly provided herein, none of the Borrower, the Services Provider or the Collateral Agent may at any time sell or permit the sale of any Eligible Investment (other than an Rule 2a7 money market fund) if the Borrower or the Services Provider determines that such Eligible Investment will sell at a price that is below the Borrower’s purchase price of such Eligible Investment.

• The LGIP is comparable to an SEC regulated Rule 2a-7 money market fund.

• The notes to the financial statements provide narrative explanations of accounting policies and additional data needed for full disclosure as required by accounting principles generally accepted in the United States of America.PerformanceTexPool operates like a Rule 2a-7 money market fund consistent with the Securities and Exchange Commission rules.

• The notes to the financial statements provide narrative explanations of accounting policies and additional data needed for full disclosure as required by accounting principles generally accepted in the United States of America.PerformanceTexPool Prime operates like a Rule 2a-7 money market fund consistent with the Securities and Exchange Commission rules.

• The LGIP is comparable to a Rule 2a-7 money market fund recognized by the Securities and Exchange Commission.

• Local Government Investment Pool (LGIP) Portfolio – The LGIP operates comparable to a Rule 2a-7 money market fund.