Fixed Income Weighted Average Duration. The Fixed Income Weighted Average Duration at any time shall not be less than 30 days prior to the Guarantee Maturity Date and shall not be greater than 30 days following the Guarantee Maturity Date; provided, however, that (i) at no time shall the Fixed Income Portfolio include any instrument that matures later than the Guarantee Maturity Date plus two years, and (ii) within the twelve months prior to the Guarantee Maturity Date (x) the Fixed Income Weighted Average Duration shall not exceed the period remaining until the Guarantee Maturity Date and (y) the Fixed Income Portfolio shall not include any instrument that matures after the Guarantee Maturity Date.
Appears in 2 contracts
Samples: Financial Guarantee Agreement (Smith Barney Trust Ii), Financial Guarantee Agreement (Smith Barney Trust Ii)
Fixed Income Weighted Average Duration. The Fixed Income Weighted Average Duration at any time shall not be less than 30 days prior to the Guarantee Maturity Date and shall not be greater than 30 days following the Guarantee Maturity Date; provided, however, that (i) at no time shall the Fixed Income Portfolio include any instrument that matures later than the Guarantee Maturity Date plus two years, and (ii) within the twelve months prior to the Guarantee Maturity Date Date, (x) the Fixed Income Weighted Average Duration shall not exceed the period remaining until the Guarantee Maturity Date and (y) the Fixed Income Portfolio shall not include any instrument that matures after the Guarantee Maturity Date.
Appears in 1 contract
Samples: Financial Guarantee Agreement (Merrill Lynch Principal Protected Trust)
Fixed Income Weighted Average Duration. The Fixed Income Weighted Average Duration at any time shall not be less than 30 days prior to the Guarantee Maturity Date and shall not be greater than 30 days following the Guarantee Maturity Date; provided, however, that (i) at no time shall the Fixed Income Portfolio include any instrument that matures later than that the Guarantee Maturity Date plus two years, and (ii) within the twelve months prior to the Guarantee Maturity Date (x) the Fixed Income Weighted Average Duration shall not exceed the period remaining until the Guarantee Maturity Date and (y) the Fixed Income Portfolio shall not include any instrument that matures after the Guarantee Maturity Date.
Appears in 1 contract
Samples: Financial Guarantee Agreement (Smith Barney Trust Ii)
