Authorised Investments means investments authorised by the instrument, if any, creating the trust for the investment of money subject to the trust, or by law;
Authorised Investments. Any moneys which under the trusts herein contained may be invested by the Note Trustee may be invested in the name or under the control of the Note Trustee in any Authorised Investments and the Note Trustee may at any time vary or transfer any of such Authorised Investments for or into other such Authorised Investments as the Note Trustee in its absolute discretion may determine, and shall not be responsible (save where any loss results from the Note Trustee's fraud, wilful default or negligence or that of its officers or employees) for any loss occasioned by reason of any such investments whether by depreciation in value or otherwise, provided that such Authorised Investments were made in accordance with the foregoing provisions.
Authorised Investments means (i) Sterling gilt-edged investments and (ii) Sterling demand or time deposits, certificates of deposit and short-term debt obligations (including commercial paper) (which may include deposits in any account which earns a rate of interest related to LlBOR) provided that in all cases such investments have a maturity date of 90 days or less and mature on or before the next following Payment Date and the short-term unsecured, unguaranteed and unsubordinated debt obligations of the issuing or guaranteeing entity or entity with which the demand or time deposits are made (being an authorised institution under the Financial Services and Markets Act 2000) are rated at least "A-1+" by Standard & Poor's, "F1+" by Fitch and "P-1" by Moody's or which are otherwise acceptable to the Rating Agencies (if they are notified in advance) to maintain the then current ratings of the Notes;
Examples of Authorised Investments in a sentence
The Borrower and [ESCO[/[Host]13 also hereby declares that all rights, title and interests in and to the Trust and Retention Account, the documents relating to the Authorised Investments, funds in the Trust and Retention Account and investments made with funds from the Trust and Retention Account shall be vested in the Trustee Bank and held in trust for the Lender and the Borrower and [ESCO]/[Host]14 in pursuance of the terms of TRA Agreement.
More Definitions of Authorised Investments
Authorised Investments means any one or more of the following:
Authorised Investments means the investments more particularly described inclause 8.5 and any of them.
Authorised Investments means investments authorised for the investment of money subject to the trust by the instrument (if any) creating the trust or by this Act or any other Act.
Authorised Investments means subject to the Code, any Investment or other property, assets or rights for the time being approved for investment under the Regulations.
Authorised Investments means any of the following Investments:-
Authorised Investments means each of:
Authorised Investments means all or any of the following: