Investment Parameters. (a) The Fund shall invest subject to the Rules and only in securities, deposits and investments approved by the Securities & Exchange Commission and/or the Bangladesh Bank and/or the Controller of Insurance of Bangladesh.
Investment Parameters. There are no material restrictions, limitations or regulations with respect to the ability of the Fund to invest its assets as described in the Registration Statement, the General Disclosure Package and the Prospectus, other than as described therein. The Fund has complied, and will direct the investment of the proceeds of the offering of the Securities in such a manner as to continue to comply, with (i) the Fund’s sub-classification under Section 5(b) of the 1940 Act and (ii) each investment policy and restriction of the Fund that is changeable only if authorized by shareholder vote.
Investment Parameters. 12.1 If you wish to make any change to the Investment Parameters you must first discuss it with us. The change will only become effective when you sign the amended Investment Parameters.
Investment Parameters. Every November, February, May and August, beginning in November 1999, JEX xxxll advise Contango in writing of its estimate of capital expenditures ("CAPEX") to be incurred in the following fiscal quarter January-March, April-June, July- September, October-December, respectively, for purposes of acquiring Prospects and conducting oil and gas exploration and development activities thereon. Such report shall identify the Prospects to be acquired and those on which exploration and development activities are proposed to be conducted, and shall provide an allocation of the estimated CAPEX attributable to each such proposed investment and operation. Contango shall transfer funds to JEX xx the beginning of each month for the amount of CAPEX estimated to incurred during such month, based on the estimates previously provided by JEX. Xx the extent the actual CAPEX amounts to be paid by Contango for any month vary from the CAPEX estimate for such month provided by JEX xx Contango, Contango shall receive a credit from JEX xxxard future payments under this Section 1.3 to the extent the CAPEX estimate paid by Contango exceeds Contango's share of the actual CAPEX amounts for such month and Contango shall promptly transfer additional funds to JEX xx the extent Contango's share of the actual CAPEX amount for such month exceeds the CAPEX estimate paid by Contango. If the funds are not transferred on any Prospect in which Contango has not previously invested (a "New Prospect"), Contango shall be deemed to have elected not to participate in the oil and gas exploration or development operation(s) on such New Prospect that were to have been funded thereby, with the consequences of such election being that Contango shall relinquish all of its rights, titles and interests in and to such New Prospect to JEX, xxd such New Prospect shall no longer be subject to the terms of this Agreement. When Contango has transferred to JEX xxx initial monthly installment of CAPEX to be expended with respect to any New Prospect, all subsequent operations on such Prospect shall be subject to the terms of the Operating Agreement referred to in Section 1.6 hereof.
Investment Parameters. Holder agrees that, from the Closing Date, as defined in the Securities Purchase Agreement, until the date that Holder, together with its affiliates, no longer beneficially owns, as defined in Rule 13d-3 under the Securities Act, at least ten percent (10%) of the outstanding shares of the Company’s Common Stock, Holder shall not, directly or indirectly, dispose of any of its shares of Common Stock except, subject to the terms and conditions of this Agreement and applicable law, (i) in a widely dispersed public distribution; (ii) in a private placement in which no one party acquires the right to purchase more than five percent (5%) of the outstanding shares of Common Stock; (iii) an assignment to a single party (such as a broker, underwriter or investment banker) for the purpose of conducting a widely dispersed public distribution on Holder’s behalf; (iv) pursuant to Rule 144 under the Securities Act; or (v) pursuant to a tender or exchange offer to the Company’s stockholders. [END OF TEXT. SIGNATURE PAGES FOLLOW.]
Investment Parameters. Specific eligible securities for U.S. cash Investments— see Appendix 1 Credit Rating Requirements1 Investments must be rated by at least one of the three following credit rating agencies at the time of purchase: if rated by more than one agency the lowest rating shall prevail. Xxxxx’x Investors Service
Investment Parameters. (a) Seller agrees that, from the Closing Date through the second anniversary of the Sunset Date, without prior written consent of the Board of Directors of Purchaser specifically expressed in a resolution adopted by a majority of the directors, Seller and the Seller's Subsidiaries shall not directly or indirectly:
Investment Parameters. A. No investments will be made which violate covenants contained in bank loans or other agreements.
Investment Parameters. (1) Corporate debt obligations (including commercial paper) of any corporation, with the following credit ratings: investment of city funds in corporate bonds will be limited to those rated as Single A minus or better by both Xxxxx'x Investor Service and Standard and Poor's; investment of city funds in commercial paper will be rated A-1/P-1;
Investment Parameters. 5.7.2. The Partnership shall not, without the approval of the Initial Limited Partners, make, as of any date: (i) an Investment in any one Portfolio Company which, together with existing Investments of the Partnership in the same Portfolio Company, would represent (measuring each Investment at its cost, at the time such Investment was made), at the time of the Investment, in excess of of the Aggregate Commitments; (ii) or (iii) an Investment in a different portion of the capital structure of a Portfolio Company compared with the securities or instruments held by any other fund or account managed by the Management Company (for the avoidance of doubt, co-investments in the same securities or instruments held by such other fund or account are permissible) unless the Management Company believes that no significant conflict of interest would be presented by the making of such Investment.
