Financial Investments Sample Clauses

Financial Investments. 56. The College shall not make any investments in traded financial instruments without the prior written approval of the Department and, where appropriate, DoF nor shall it build up cash balances or net assets in excess of what is required for operational purposes. Funds held in bank accounts or as financial investments may be a factor for consideration when grant-in-aid is determined. Equity shares in ventures which further the objectives of the College shall equally be subject to Departmental and DoF approval unless covered by a specific delegation. Unconventional Financing DRAFT
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Financial Investments. 48. Unless covered by a specific delegated authority the RMA shall not make any financial investments without the prior approval of the SG. That would include equity shares in ventures which further the objectives of the RMA. The RMA shall not invest in any venture of a speculative nature. Borrowing
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Financial Investments. The Overfund Trust shall promptly invest, or cause the investment of, all amounts authorized or required to be invested by it under the terms of the Overfund Trust Agreement in such El Paso Debt Securities or other Financial Investments that amortize to generate payments to the Overfund Trust in amounts and at the times at least sufficient to pay on each Distribution Date the amounts described in clauses (b)(i) and (b)(iii) of the definition of Class A Member's Priority Return due and owing on such Distribution Date as El Paso shall direct from time to time by written notice to the Overfund Trust and the Indenture Trustee signed by a Responsible Officer of El Paso; provided, that in the event an El Paso Debt Obligation Repayment Event occurs, any El Paso Debt Securities or other loans to El Paso (other than loans constituting Financial Investments issued by El Paso) from the Overfund Trust shall by their terms become due and payable immediately, subject to any applicable grace period, or, in the case of demand loans, be deemed on the date such event occurs, to be subject to a demand for repayment. If any El Paso Debt Obligation Repayment Event occurs and El Paso is required to repay any El Paso Debt Obligations held by the Overfund Trust, subject to the provisions of the Indenture, the Indenture Trustee shall, as promptly as possible, invest such funds, or cause such funds to be invested, in Financial Investments described in clause (d) of the definition thereof that mature no later than the Maturity Date. The investment of any such amounts in Financial Investments by the Indenture Trustee in accordance with this Agreement and the Indenture shall be deemed to satisfy the obligations of the Overfund Trust under this Section 5.5(a).
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Financial Investments. Subject to the Indenture Trustee's rights of control and rights as entitlement holder, the Indenture Trustee shall promptly invest all amounts authorized or required to be invested by it under the terms of the Indenture in such Financial Investments as El Paso shall direct from time to time by written direction to the Indenture Trustee signed by a Responsible Officer of El Paso; provided, that upon the occurrence of an El Paso Debt Obligation Repayment Event, the provisions of Section 5.5(a) hereof shall govern.
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Financial Investments. 5.13.1 NHSCT shall not make any financial investment without the prior written approval of the sponsor Department and, where appropriate, DoF, nor should it build up cash balances or net assets in excess of what is required for operational purposes. Funds held in bank accounts or as financial investments may be a factor for consideration when GIA is determined. Equity shares in ventures which further the objectives of NHSCT shall equally be subject to DoH and DoF approval unless covered by a specific delegation.
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Financial Investments. 8.1. The values frozen in the CENTRALIZING ACCOUNT will be invested in credit instruments, securities or fund quotas, considered low risk by BNDES (“Financial Investments”), acquired with the funds deposited and frozen in the CENTRALIZING ACCOUNT, as indicated by BRASIL TELECOM, below. If BRASIL TELECOM does not indicate the financial investments in 5 (five) days counted from the request by the CENTRALIZING BANK, the CENTRALIZING BANK is herewith authorized by BRASIL TELECOM to invest the values deposited in the CENTRALIZING ACCOUNT in Financial Investments.
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Financial Investments. 55. Unless covered by a specific delegated authority the Commission shall not make any financial investments without the prior approval of the Scottish Government. That would include equity shares in ventures which further the objectives of the Commission. The Commission shall not invest in any venture of a speculative nature. Borrowing
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Financial Investments. 60. The Council shall not make any investments in traded financial instruments without prior written approval from OST. Equity shares in ventures that further the objectives of the Council shall equally be subject to OST approval unless covered by a prior approval. Unconventional financing
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Related to Financial Investments

  • Investments Make any Investments, except:

  • Acquisitions and Investments The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Subsidiaries; Investments Borrower does not own any stock, partnership interest or other equity securities except for Permitted Investments.

  • Investments and Acquisitions The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or to create any Subsidiary or to become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Other Investments Other than equity securities held in the ordinary course of business for cash management purposes, the Company does not own or hold the right to acquire any equity securities, ownership interests or voting interests (including voting debt) of, or securities exchangeable or exercisable therefor, or investments in, any other Person.

  • Loans; Investments Make or suffer to exist any loans, guaranties, advances, or investments, except:

  • Equity Investments Equity Investments, which, to the extent constituting Stock other than common Stock, shall be on terms and conditions and pursuant to documentation reasonably satisfactory to the Joint Lead Arrangers and Bookrunners to the extent material to the interests of the Lenders, in an amount not less than the Minimum Equity Amount shall have been made.

  • Legal Investment On the Closing Date, the sale and issuance of the Shares and the proposed issuance of the Conversion Shares shall be legally permitted by all laws and regulations to which Purchasers and the Company are subject.

  • Distributions; Investments (a) Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock other than Permitted Distributions; or (b) directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so.

  • PIPE Investment (a) Acquiror has delivered to the Company true, correct and complete copies of each of the Subscription Agreements entered into by Acquiror with the applicable PIPE Investors named therein, pursuant to which the PIPE Investors have committed to provide equity financing to Acquiror solely for purposes of consummating the Transactions in the aggregate amount of not less than $225,000,000 (the “PIPE Investment Amount”). To the knowledge of Acquiror, with respect to each PIPE Investor, the Subscription Agreement with such PIPE Investor is in full force and effect and has not been withdrawn or terminated, or otherwise amended or modified, in any respect, and no withdrawal, termination, amendment or modification is contemplated by Acquiror. Each Subscription Agreement is a legal, valid and binding obligation of Acquiror and, to the knowledge of Acquiror, each PIPE Investor, and neither the execution or delivery by any party thereto nor the performance of any party’s obligations under any such Subscription Agreement violates or will violate any Laws. There are no other agreements, side letters, or arrangements between Acquiror and any PIPE Investor that could affect the obligation of such PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreement of such PIPE Investors, and, as of the date hereof, Acquiror does not know of any facts or circumstances that may reasonably be expected to result in any of the conditions set forth in any Subscription Agreement not being satisfied, or the PIPE Investment Amount not being available to Acquiror, on the Closing Date. No event has occurred that, with or without notice, lapse of time or both, would constitute a default or breach on the part of Acquiror under any material term or condition of any Subscription Agreement and, as of the date hereof, Acquiror has no reason to believe that it will be unable to satisfy in all respects on a timely basis any condition to closing or material term to be satisfied by it contained in any Subscription Agreement. The Subscription Agreements contain all of the conditions precedent (other than the conditions contained in this Agreement) to the obligations of the PIPE Investors to contribute to Acquiror the applicable portion of the PIPE Investment Amount set forth in the Subscription Agreements on the terms therein.

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