Investment Contracts. Investment Contracts ("Contracts") are issued by insurance companies, banks or other financial-services institutions (the "Issuer(s)") and evidence debt obligations of the applicable Contract Issuer(s) to the Plan. Contracts are either collateralized by the general underlying assets, or certain specific underlying assets, of the Contract Issuer(s). All Contracts, at the time of purchase, shall be benefit-responsive, which means that they shall provide for benefit withdrawals and investment exchanges to be paid at full book-value (i.e., principal plus accrued interest). However, withdrawals prompted by an employer-initiated-event, such as withdrawals resulting from the sale of a division of the Sponsor, a corporate layoff or the addition of Plan investment options, for example, may be paid at the Contract's market-value, which may be more or less than book-value. The interest rate of a particular Contract may be either fixed or adjusted periodically according to an index or to reflect the performance of certain assets of the Contract Issuer. Maturity dates of Contracts may or may not be fixed. Contracts may include, but are not limited to, the following: . Fixed-rate contracts . Indexed-rate contracts . Participating-rate contracts . Structured contracts . Separate-account contracts 50 Schedule "L" (continued) ---------
Investment Contracts obligations of any Person either (1) the long-term senior unsecured debt or claims-paying ability or financial strength of which, or of any unconditional guarantor of full and timely payment of its obligations thereunder, is rated at least “AA-” by S&P and “Aa3” by Xxxxx’x or (2) both (a) which has agreed to pledge collateral therefor and (b) as to which the Trustee has received written confirmation from each Rating Service that an investment of funds under such obligation will not result in the assignment of a long-term rating to the Bonds by such Rating Service that is less than the lower of “AA-,” in the case of S&P, or “Aa3,” in the case of Xxxxx’x, or the rating then assigned by such Rating Service to the long-term senior unsecured debt of the highest rated Credit Facility Provider (if any); and
Investment Contracts. No Obligor shall enter into any investment contract, co-investment contract or similar arrangement, without the prior written consent of the Lender.
Investment Contracts. Master Trust investments in GICs shall be subject to the following limitations:
Investment Contracts. Master Trust investments in GICs shall be subject to the following limitations: (i) In accordance with Section 403(a) of ERISA the Company hereby directs the Master Trustee to continue to hold Existing GICs until contract maturity or until directed otherwise by the Company. Contract proceeds payable upon the maturity of an Existing GIC shall be allocated to the Separately Managed Portfolio described in (ii) below. -12-
Investment Contracts. The purchase price of any Investment Property acquired pursuant to a guaranteed investment contract (within the meaning of Section 1.148-1 (b) of the Treasury Regulations) shall be determined as provided in Section 1.148-5 of the Trcasur; Regulations. No investment contract shall be acquired with Gross Proceeds unless the requirements of Section 1.148-5 of the Treasury Regulations and this Section 6.4( c) arc satisfied. With respect to any investment contract, the Borrower wi II obtain from the provider of the investment contract, broker thereof or other party, such inf()rmation. certification or representations as will enable the Borrower to determine that these requirements arc satisfied. The purchase price of an investment contract will be considered to be fair market value if:
Investment Contracts. Trust investments in Investment Contracts shall be subject to the following limitations:
Investment Contracts. (a) All Investment Contracts to which the Company is a party as of the Closing Date shall be in writing, shall reflect the current fee arrangements between the Company and the Client, and shall provide for the receipt of compensation by the Company. (b) The Run Rate Revenues at Closing shall be not less than 85% of the Run Rate Revenues at Signing. If the Run Rate Revenues at Closing are less than 95% of the Run Rate Revenues at Signing, the Initial Payment shall be reduced by $100,000 for each one percent that the Run Rate Revenues at Closing are below 95%. For example, if the Run Rate Revenues at Closing are 90%, the Initial Payment would be reduced by $500,000. For purposes of determining the percentage or Run Rate Revenues under this Section 6.7(b), any fraction of a percent shall be rounded up or down to the nearest whole percent, with .5% being rounded up. Notwithstanding the actual relationship between El Paso Natural Gas Master Retirement Trust 1230 and the Company as of the date hereof or as of the Closing, the Run Rate Revenues of El Paso Natural Gas Master Retirement Trust 1230 as of June 1, 2004 shall be included in the calculation of Run Rate Revenues at Signing and shall not be included in the calculation of Run Rate Revenues at Closing. 44
Investment Contracts. The Run Rate Revenues at Closing shall be not less than 85% of the Run Rate Revenues at Signing. 7.7.
Investment Contracts. Signed with Signed on Name of Contract Content Dalian SARFT Media Service Center 12/18/2005 Cooperation contract on Dalian Terrestrial Digital TV Project Joint venture investment contract Shenzhen Digital TV Research and Development and Industrializing Office (SDTVRDIO) 8/24/2005 Equity Transfer Agreement SDTVRDIO transferred its 51% equity interest of Shenzhen HDTV Industrial Investment Co., Ltd.(“SZHDTV”) to CDMTV EXECUTION COPY Shenzhen Huazhihui Investment Co.,Ltd (Huazhihui) 2/27/2006 Equity Transfer Agreement Huazhihui transferred its 49% equity interst of SZHDTV to CDMTV Shenzhen Champs Elysees Investing Management Co., Ltd 12/10/2005 Equity Transfer Agreement Shenzhen Champs Elysees Investing Management Co., Ltd transferred its 49% equity interest of Chengdu Digital TV Co., Ltd to CDMTV Shenzhen Champs Elysees Investing Management Co., Ltd, Jilin TV Station 9/5/2005 Supplement to Joint Venture Investment contract CDMTV accepted all rights, obligations and liabilities of Champs Elysees Investing Management Co., Ltd. and established Jilin JV with Jilin TV station Harbin TV Station 8/23/2005 Supplemental contract to Harbin Terrestrial Digital TV Project Joint venture investment contract Henan Cable Television Network Group Co., Ltd 6/8/2006 Cooperation contract on Henan Terrestrial Digital TV Project Joint venture investment contract Hubei Broadcast and Television General Station 6/6/2006 Cooperation contract on Hubei Terrestrial Digital TV Project Joint venture investment contract Tianbai Network Technology(Shanghai) Co., Ltd(“Tianbai”) 8/28/2006 Equity Transfer Agreement Tianbai transferred its 14% equity interest of Wuxi Guangtong Digital Mobile TV Co., Ltd to CDMTV Suzhou Broadcast and Television General Station 11/8/2006 Cooperation contract on Suzhou Terrestrial Digital TV Project Joint venture investment contract Changzhou TV Station 12/21/2006 Cooperation contract on Changzhou Terrestrial Digital TV Project Joint venture investment contract Ningbo Broadcast and Television Group 11/16/2006 Cooperation contract on Ningbo Terrestrial Digital TV Project Joint venture investment contract Ningbo Broadcast and Television Group 1/10/2007 Supplement to Cooperation contract on Ningbo Terrestrial Digital TV Project Supplement to joint venture investment contract G-1 CDMTV - Series B SPA EXECUTION COPY iv. Advertisement Contracts Code Signed on Signed with Content 2/26/2006 Qingdao SARFT Digital TV Co., Ltd Media Cooperation Contract 1/11/2006 Liaoning Be...
