Unrestricted Investments definition

Unrestricted Investments has the meaning assigned to that term in Section 8.4(a).

Unrestricted Investments means the net investment of the Borrower and its Restricted Subsidiaries in any Unrestricted Subsidiary.

Unrestricted Investments means all of the Borrower’s “Investment Property” of every type and description other than Pledged Investments which shall include without limitation, all of the Borrower’s “Securities Accounts”, “Securities Entitlements”, “Securities”, “Investment Property” and “Financial Assets” (such terms being used herein are defined in the UCC) and which may now or hereafter be maintained, held in or credited in any account maintained in financial institutions other than the Bank or its Affiliates, all substitutions, additions, renewals, investments, reinvestments, free credit balances, cash proceeds, general intangibles, insurance, products and supporting obligations including but not limited to all interest, dividends, other proceeds, instruments and other property now or hereafter received, receivable or otherwise distributed in connection with the sale, lease, license, exchange or other disposition of any Unrestricted Investments.

Examples of Unrestricted Investments in a sentence

• After the Agreement Date, so long as no Default or Event of Default then exists or would be caused thereby, the Borrower may, upon thirty (30) days' (or such shorter period as may be acceptable to the Administrative Agent) prior written notice to the Administrative Agent and subject to compliance with the requirements of this Section 6.17 and Section 6.15 hereof, re-designate Unrestricted Subsidiaries as Restricted Subsidiaries and Unrestricted Investments as Restricted Investments.

• Members of the Restricted Group, Restricted Investments, Foreign Subsidiaries, Foreign Investments, Domestic SpectraSite Mexico Subsidiaries, Domestic SpectraSite Mexico Investments, Foreign SpectraSite Mexico Investments and Foreign SpectraSite Mexico Subsidiaries may not be re-designated as Unrestricted Subsidiaries or Unrestricted Investments.

• No Unrestricted Investment shall be purchased or made or added to if as a result thereof (after taking account of any unpaid instalments in respect thereof but subject to sub-clause 13.4 below) the Value of the Trust’s holding of Unrestricted Investments of the same issue would exceed 30 per cent.

• Unrestricted Investments in Unrestricted Subsidiaries permitted $_____________ under subsection 7.3(v)(a): 4.

• The amount of such excess Net Cash Proceeds required to be applied (or to be committed to be applied) during such 360-day period as set forth in clause (x) of the preceding sentence and not applied as so required shall constitute "Excess Proceeds." Notwithstanding the foregoing, Asset Sales involving Unrestricted Investments need not comply with clause (ii) above and any foreclosures on assets of the Issuer or any Restricted Subsidiary need not comply with clauses (i) or (ii) above.

More Definitions of Unrestricted Investments

Unrestricted Investments means the net investment of the Borrower and its Restricted Subsidiaries in any Unrestricted Subsidiary. “Unrestricted Subsidiary” shall mean (i) SemMexico and its Subsidiaries, (ii) Maurepas Holdings and its Subsidiaries, (iii) White Cliffs and itsSubsidiaries, (iv) to the extent a Subsidiary, Glass Mountain Pipeline and its Subsidiaries and (v) any direct or indirect Subsidiary of the Borrower acquired orformed after the Closing Date:

Unrestricted Investments means any U.S. dollar denominated securities which can be converted into cash at any regulated exchange within the customary three business day trading period for availability, and the resultant cash can be accounted for as Unrestricted Cash..“Loans Receivable” means any loans or extension of credit made by the Eligible CDFI to its borrowers, without regard to the source of funds to make such loans.4) Change in Unrestricted Net Assets: In at least two (2) out of the three (3) consecutive fiscal year periods, as measured on an annual fiscal year basis, have a positive year over year change in Unrestricted Net Assets, exclusive of Non-Controlling Interests. Change in Unrestricted Net Assets for purposes of this section is defined as such term is used or amount is derived in the Eligible CDFI's audited statement of activities. The following definitions shall apply to this subparagraph:

Unrestricted Investments means any investment issued by or the payment of principal and interest on which is guaranteed by, a government, or any fixed interest investments issued by its public or local authorities or other multilateral agencies.

Unrestricted Investments means any Restricted Investment occurring at any time other than during the existence of a Low Availability Period and that would not result in the imposition of a Low Availability Period.

Unrestricted Investments is defined to mean the Capital Stock of Grupo Serfin and Cydsa held by the Issuer on the Vicap Closing Date.

Unrestricted Investments has the meaning assigned to that term in Section 7.3(vi).

Unrestricted Investments means at any time cash and cash- equivalents and other readily marketable securities of the Borrower as are unrestricted and are identified as such in financial statements provided by the Borrower to the Bank from time to time under this Agreement. (b)