Acceptable Investment definition

Acceptable Investment means an investment which:
Acceptable Investment. Seller has no knowledge of any circumstances or conditions with respect to the Mortgage, the mortgaged property, the Obligor or the Obligor's credit standing that can reasonably be expected to cause private institutional investors to regard the Loan as an unacceptable investment, cause the Loan to become delinquent, or adversely affect the value or marketability of the Loan. CONDITION OF THE MORTGAGED PROPERTY. There is no proceeding pending or threatened for the total or partial condemnation of the mortgaged property. The mortgaged property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the mortgaged property as security for the Loan or the use for which the premises were intended. The mortgaged property is free from any and all toxic or hazardous substances and there exists no violation of any local, state or federal environmental law, rule or regulation. CONDITION OF LOAN. The Loan is eligible, and in the form required, (i) for securitization, or (ii) purchase under the relevant Agency program, or (iii) purchase by the relevant Authorized Purchaser. The Loan is a bona fide Loan of the type that it purports to be, made to one or more borrowers each having substantially the credit standing he or she is represented to have.
Acceptable Investment means an investment which:¥ is capable of a commercial return under normal circumstances; and¥ is not for the personal use of the applicant(s); and¥ is invested in New Zealand in New Zealand currency; and¥ is invested in lawful enterprises or managed funds that comply with all relevant laws in force in New Zealand; and¥ has the potential to contribute to New Zealand's economy; and¥ is invested in one or more of the following:- bonds issued by the New Zealand government or local authorities; or- bonds issued by New Zealand firms traded on the New Zealand Debt Securities Market (NZDX); or- bonds issued by New Zealand firms with at least a BBB- or equivalent rating from internationally recognised credit rating agencies (eg Standard and Poor's); or- equity in New Zealand firms (public or private, including managed funds); or- bonds issued by New Zealand registered banks; or- equities in New Zealand registered banks; or- defined residential property development(s); or- bonds in certain finance companies.NOTE: For the purposes of these categories, convertible notes are considered to be an equity investment. New Zealand Registered Banks are defined by the New Zealand Reserve Banks Act 1989.Where an investment fails to meet one of the acceptable investment requirements, Immigration New Zealand (INZ) may consider, on a case-by-case basis, whether the failure was beyond the control of the principal applicant and if satisfied that this was the case, may consider the investment acceptable.INZ may consider bonds in finance companies as an acceptable investment where the finance company:¥ is a wholly-owned subsidiary of,¥ raises capital solely for, and¥ has all its debt securities unconditionally guaranteed by, a New Zealand Stock Exchange listed company or a local authority.NOTE: The value of an investment is based on the net purchase price (for example, less any accrued interest, commission, brokerage and / or trade levy), not on the face value of the investment.

Examples of Acceptable Investment in a sentence

  • The CIS that the Fund may invest in will be authorised as UCITS or alternative investment funds, consist of regulated schemes which may be domiciled in a member state of the EEA, the U.S., Jersey, Guernsey or the Isle of Man (in accordance with the provisions of the Central Bank's Guidance on UCITS Acceptable Investment in other Investment Funds).

  • The Lender may, in its sole discretion, decide whether a Security is an Acceptable Investment.

  • Term Meaning Acceptable Investment A Security or other property (real or personal), whether issued or yet to be issued, which the Lender may accept as part of the Secured Portfolio from time to time.

  • The CIS that the Fund may invest in will be authorised as UCITS or alternative investment funds, consist of regulated schemes which may be domiciled in a member state of the EEA, the U.S., Jersey, Guernsey or the Isle of Man (in accordance with the provisions of Central Bank Guidance on UCITS Acceptable Investment Other Funds).The CIS will invest principally in equity securities and fixed income securities on a global basis.

  • Acceptable Investment Instruments:Where this section specifies a percentage limitation for a particular security type or issuer, that percentage is applicable only on the date of purchase and shall be calculated on the basis of market value.

  • The following are examples of Market Disruptions: • A fall of 10 per cent or more in the All Ordinaries Index, similar market index or price of a particular investment in any 24 hour period; • An Acceptable Investment or class of investments are withdrawn from trading or becomes illiquid; or • The volatility of the All Ordinaries Index, similar market index or particular investment remains more than 2 standard deviations above its historical average for more than 1 day.

  • Mortgage Pass-Through Securities, Collateralized Mortgage Obligations and Asset-Backed Securities from issuers not defined in sections 1 and 2 of the Acceptable Investment Instruments section of this policy: The Town may purchase such securities provided that they are rated in the “AA” category or higher, or the equivalent, by a NRSRO.

  • REQUIREMENT: Notwithstanding any other provision contained herein, at no time shall the Outstanding Principal under Facility 1 exceed the lesser of $23,000,000 and the following margin requirement (the “Facility 1 Margin Requirement”): (a) 75% of Acceptable Receivables; plus(b) 90% of Acceptable Investment Grade Receivables; minus(c) Priority Claims.

  • You should check the Acceptable Investment List to ensure the Lender will accept these as a Nominated Platform.

  • The CIS that the Fund may invest in will be authorised as UCITS or alternative investment funds, consist of regulated schemes which may be domiciled in a member state of the EEA, the U.S., Jersey, Guernsey or the Isle of Man, and will otherwise as required comply with the provisions of the Central Bank's Guidance on UCITS Acceptable Investment in other Investment Funds.The ETFs, which may track the performance of the major equity market indices (eg.


More Definitions of Acceptable Investment

Acceptable Investment means any of the following Investments:
Acceptable Investment means any Investment which meets all of the following conditions: (a) the aggregate consideration paid for such Investment and for all prior Investments during the same Fiscal Year does not exceed $1,000,000 (exclusive of Investments otherwise permitted under Section 8.06); (b) such Investment relates to the Business and, if required by the organizational documents of the Person making such Investment, has been approved in good faith by the Board of Directors or the Members Committee of such Person; (c) no Default or Event of Default exists or would exist after giving effect to such Investment; and (d) after reviewing historical financial statements of the business being invested in and considering the pro forma position of the LCC Consolidated Entities subsequent to such Investment, the Borrower believes in good faith that the LCC Consolidated Entities will continue to be in compliance with the financial covenants contained in Article 9 on a pro forma basis.

Related to Acceptable Investment

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.

  • Eligible Investments Any one or more of the obligations and securities listed below which investment provides for a date of maturity not later than the Determination Date in each month:

  • Applicable Investor means each holder of a beneficial interest in any Class A Note that is (i) an EEA credit institution or investment firm subject to the CRR, including any consolidated group affiliate thereof; (ii) an EEA insurer or reinsurer subject to the Solvency II Regulation; or (iii) an EEA alternative investment fund manager to which the AIFM Regulation applies.

  • Permissible Investment means the investments specified by the Employer as available for investment of assets of the Trust and agreed to by the Trustee. The Permissible Investments under the Plan shall be listed in the Service Agreement.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

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

  • Alternative investment means an investment in a private equity fund, venture fund, hedge fund, or absolute return fund.

  • 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.

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent).

  • non-redeemable investment fund means an issuer,

  • Federal covered investment adviser means a person registered under the Investment Advisers Act of 1940.

  • Investment Person means all Portfolio Managers of Loomis Sayles and other Advisory Persons who assist the Portfolio Managers in making and implementing investment decisions for an Investment Company or other client of Loomis Sayles, including, but not limited to, designated Research Analysts and traders of Loomis Sayles. A person is considered an Investment Person only as to those client accounts or types of client accounts as to which he or she is designated by Personal Trading Compliance or the Chief Compliance Officer as such. As to other accounts, he or she is simply an Access Person.

  • Eligible Investment Required Ratings A long-term debt rating of at least “A+” by S&P or a long-term debt rating of at least “A” by S&P and a short-term debt rating of at least “A-1” by S&P.

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Investment Provider means any commercial bank or trust company, bank holding company, investment company or other entity (which may include the Trustee, the Bond Registrar or the Paying Agent), whose credit rating (or the equivalent of such rating by virtue of guarantees or insurance arrangements) by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or is otherwise acceptable to each such Rating Agency in order to maintain the then current rating on such Bonds by such Rating Agency, which Investment Providers shall be approved by the Authority for the purpose of providing investment agreements.

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Follow-On Investment means an additional investment in the same issuer, including, but not limited to, through the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by the Company or any Subsidiary.

  • 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);”;

  • Acceptable Bank means (a) a bank or financial institution which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by S&P or A2 or higher by Xxxxx’x or a comparable rating from an internationally recognized credit rating agency; or (b) any other bank or financial institution approved by each Agent.