Investment of Surplus Funds Sample Clauses

Investment of Surplus Funds. To the extent that the Employer contributions specified above, com­ bined with favorable experience and effective administration, re­ xxxx in the accumulation of surplus funds, the Trustees are autho­ rized and instructed to invest such surpluses with the assistance of expert counsel and any interest or earnings from such invest­ ments shall be used to provide benefits and pay the administrative costs of the Fund.
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Investment of Surplus Funds. (1) In the event the balance of the escrow account exceeds 105% ("Minimum Deposit Amount”) of the total expenses set forth in Article 11 (2) 1 through 5, 7, 8, 10 and 11, which are due at the end of each ABS Quarter, the Agent may invest the funds in the following manner:
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Investment of Surplus Funds. A. The Executive Committee shall have the power to invest or cause to be invested, in compliance with the California Government Code, the Education Code, and other appropriate codes and regulations, funds and such reserve surplus monies as are not necessary for the immediate operations of the CONSORTIUM and its Programs.
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Investment of Surplus Funds. 10.1 The Authority shall have the power to cause such surplus funds as are not necessary for the immediate operation of the Authority to be invested in compliance with Section 6509.5 of the California Government Code in such investments as are permitted by law.
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Investment of Surplus Funds. C. Subject to the limitations provided above and throughout the Policy, the investment manager shall have full discretion in terms of asset mix, security selection and timing of transactions.
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Investment of Surplus Funds. The City will consider proposed options presented by the Bank in the Request for Proposal for the investment of surplus funds. Accounts, as applicable, must be collateralized as described in Section III and meet Oklahoma State Statute and City investment policy requirements for the investment of public funds. Options may include, but not be limited to, money market mutual funds, sweep accounts, and savings accounts offered by the Bank in the Request for Proposal. A copy of the City’s investment policy is available on the City’s website or can be provided upon request.
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Related to Investment of Surplus Funds

  • Trust Account Investments The Company shall cause the proceeds of the Offering and the sale of the Private Placement Warrants to be held in the Trust Account to be invested only in United States government treasury bills with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act as set forth in the Trust Agreement and disclosed in the Pricing Disclosure Package and the Prospectus. The Company will otherwise conduct its business in a manner so that it will not become subject to the Investment Company Act. Furthermore, once the Company consummates an initial Business Combination, it will not be required to register as an investment company under the Investment Company Act.

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing:

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Permitted Withdrawals from the Collection Account and Distribution Account (a) The Master Servicer may from time to time make withdrawals from the Collection Account for the following purposes:

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