Diversification Requirements. The Borrower will, and will cause its Subsidiaries (other than Financing Subsidiaries that are exempt from the provisions of the Code applicable to RIC’s), subject to applicable grace periods set forth in the Code, to comply with the portfolio diversification and similar requirements set forth in the Code applicable to RIC’s.
Diversification Requirements. Dated: --------------------------------- By: ------------------------------------ Title: ---------------------------------
Diversification Requirements. Such Subsequent Project satisfies the Diversification Requirements.
Diversification Requirements. At the time of election and thereafter, Borrower shall remain at all times in full compliance with the asset diversification requirements of a regulated investment company under Subchapter M of the Internal Revenue Code.
Diversification Requirements. The Trustees shall use commercially reasonable efforts to cause each Series to invest, dispose of and hold its assets in compliance with the diversification requirements of Code Section 817(h) and Treasury Regulations Section 1.817-5, and will use commercially reasonable efforts to cure any non-conformance within the grace period afforded under Code Section 817(h) and the Treasury Regulations thereunder. The Trustees will notify the Shareholders within a reasonable time of any failure or anticipated failure to comply with such diversification requirements.
Diversification Requirements. As of , , the Fund was in compliance with the Section 817(h)
Diversification Requirements. 49 3.3.39 Calpine Corporation Credit Rating.................................................... 49 3.3.40 Initial Projects Satisfaction of Conditions Precedent to Initial Funding............. 49 3.3.41 Modified Conditions Precedent to Initial Funding..................................... 49 3.4 Conditions Precedent to Each Construction Credit Event........................................ 50 3.4.1 Monthly Drawdown Frequency........................................................... 50 3.4.2 Notice of Construction Borrowing..................................................... 50 3.4.3 Construction Drawdown Certificate and Engineer's Certificate......................... 50 3.4.4 Amount............................................................................... 50 3.4.5
Diversification Requirements. 40 3.4 Conditions Precedent to Each Credit Event...........................................40 3.4.1 Monthly Drawdown Frequency......................................................40 3.4.2 Notice of Borrowing.............................................................40 3.4.3 Drawdown Certificate and Engineer's Certificate.................................40 3.4.4 Amount..........................................................................41 3.4.5
Diversification Requirements. Each Loan Party shall cause its Subsidiaries at all times to, subject to applicable grace periods set forth in the Code, comply with the portfolio diversification requirements set forth in the Code applicable to RICs, to the extent applicable.
Diversification Requirements. 1. No more than 10% of the Portfolio may be invested in securities of any single issuer, with the exception of the US government obligations, where no limit is imposed.
