Fund Objective Sample Clauses

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Fund Objective. The cash investment balances represent working capital funds of Company. It is essential that these assets be invested in a highly quality portfolio which: 1) preserves principal; 2) meets liquidity needs; 3) delivers good yields in relationship to these guidelines and market conditions; 4) avoids inappropriate concentrations of investments; and 5) provides direct fiduciary control of all investments and cash.
Fund Objective. The objective of the fund is to provide monies for workshops, institutes, seminars, or other programs or subjects.