INVESTMENT QUALITY Sample Clauses

INVESTMENT QUALITY. Neither Borrower nor any of its Affiliates knows of any fact or circumstance affecting Borrower, Guarantor, Lessee or the Mortgaged Property that Borrower has not disclosed to Lender, which fact or circumstance materially and adversely affects or could materially and adversely affect Borrower's or Guarantor's ability, respectively, to meet its obligations under the Loan and the Loan Documents in a timely manner.
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INVESTMENT QUALITY. All investments, except as provided otherwise in this Exhibit, must be (i) high quality, U.S. dollar-denominated obligations (ii) rated A-I by Standard and Poor's or P-i by Xxxxx'x or its equivalent by any two nationally recognized statistical rating organizations (NRSRO), at least one of which NRSRO is either Xxxxx'x or Standard and Poor's (the Requisite NRSROs) if such investments are short-term and (iii) rated at least A by Standard and Poor's and A2 by Moody's if such investments are long-term. ACCEPTED AND APPROVED BY: METROPOLITAN WEST SECURITIES, LLC By: ___________________________________ Name: ___________________________________ Title: ___________________________________ ACCEPTED AND APPROVED BY: AMERICAN AADVANTAGE FUNDS, on behalf of its series, the AMERICAN AADVANTAGE HIGH YIELD BOND FUND By: ___________________________________ Name: ___________________________________ Title: ___________________________________ DIVERSIFICATION Investments in obligations of any issuer (other than U.S. Treasury or Agency securities) cannot exceed 5% of the value of the total assets as of the date the investment is made. For purposes of this preceding sentence, issuer shall include an issuer and any subsidiary, which is consolidated on such issuer's balance sheet. For purposes of issuer concentration limits, with respect to repurchase agreements, only the counterparties to such agreements will be considered and not the issuers of the underlying securities.
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INVESTMENT QUALITY. Except for interim capital amounts held by the Investment Manager in its own account all investments must meet one of the following criteria in order to qualify for inclusion in the portfolio:
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INVESTMENT QUALITY. All investments, except as provided otherwise in this Exhibit, must be (i) high quality, U.S. dollar-denominated obligations (ii) rated A-1 by Standard and Poor's or P-1 by Moody's or its equivalent by any two nationally recognized statistical rating organizations (NRSRO), at least one of which NRSRO is either Moody's or Standard and Poor's (the Requisite NRSROs) if sucx xxxxxtments are short-term and (iii) rated at least A by Standard and Poor's and A2 by Moody's if such investments are long-term. DIVERSIFICATION Investments in obligations of any issuer (other than U.S. Treasury or Agency securities) cannot exceed 5% of the value of the total assets as of the date the investment is made. For purposes of this preceding sentence, issuer shall include an issuer and any subsidiary, which is consolidated on such issuers balance sheet. For purposes of issuer concentration limits, with respect to repurchase agreements, only the counterparties to such agreements will be considered and not the issuers of the underlying securities.
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INVESTMENT QUALITY. 23 SECTION 7.13
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INVESTMENT QUALITY. Shall cause each Principal Insurance Subsidiary on an individual basis to maintain at all times a ratio of (x) Non-Investment Grade Obligations to (y) Total Invested Assets to be equal to or less that 15%.
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Related to INVESTMENT QUALITY

  • Investment Strategy The Company’s investment strategy described in the Registration Statement and the Prospectus accurately reflect in all material respects the current intentions of the Company with respect to the operation of the Company’s business, and no material deviation from such investment strategy is currently contemplated.

  • Investment Decision The Purchaser understands that nothing in the Agreement or any other materials presented to the Purchaser in connection with the purchase and sale of the Shares constitutes legal, tax or investment advice. The Purchaser has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate in connection with its purchase of the Shares.

  • Investment Experience Holder understands that the purchase of this Warrant and its underlying securities involves substantial risk. Holder has experience as an investor in securities of companies in the development stage and acknowledges that Holder can bear the economic risk of such Holder’s investment in this Warrant and its underlying securities and has such knowledge and experience in financial or business matters that Holder is capable of evaluating the merits and risks of its investment in this Warrant and its underlying securities and/or has a preexisting personal or business relationship with the Company and certain of its officers, directors or controlling persons of a nature and duration that enables Holder to be aware of the character, business acumen and financial circumstances of such persons.

  • Credit Quality The Fund has invested at least 80% of its Managed Assets in Municipal Obligations that, at the time of investment, were rated within the four highest grades (Baa or BBB or better) by at least one NRSRO or were unrated but judged to be of comparable quality by the Investment Adviser.

  • Investment Program The Subadviser is hereby authorized and directed and hereby agrees, subject to the stated investment objective and policies of the Fund as set forth in the Trust’s current Registration Statement and subject to the supervision of the Adviser and the Board of Trustees of the Trust, to (i) develop and furnish continuously an investment program and strategy for the Fund in compliance with the Fund’s investment objective and policies as set forth in the Trust’s current Registration Statement, (ii) provide research and analysis relative to the investment program and investments of the Fund, (iii) determine (subject to the overall supervision of the Board of Trustees of the Trust) what investments shall be purchased, held, sold or exchanged by the Fund and what portion, if any, of the assets of the Fund shall be held in cash or cash equivalents, and (iv) make changes on behalf of the Trust in the investments of the Fund. In accordance with paragraph 2(ii)(b), the Subadviser shall arrange for the placing of all orders for the purchase and sale of securities and other investments for the Fund’s account and will exercise full discretion and act for the Trust in the same manner and with the same force and effect as the Trust might or could do with respect to such purchases, sales or other transactions, as well as with respect to all other things necessary or incidental to the furtherance or conduct of such purchases, sales or transactions. The Subadviser will make its officers and employees available to meet with the Adviser’s officers and directors on due notice at reasonable times to review the investments and investment program of the Fund in light of current and prospective economic and market conditions. The Subadviser is authorized on behalf of the Fund to enter into agreements and execute any documents required to make investments pursuant to the Prospectus as may be amended from time to time. The Subadviser’s responsibility for providing portfolio management services hereunder shall be limited to only those assets of the Fund which the Adviser determines to allocate to the Subadviser (those assets being referred to as the “Fund Account”), and the Subadviser agrees that it shall not consult with any investment advisor(s) (within the meaning of the 0000 Xxx) to the Fund or any other registered investment company or portfolio series thereof under common control with the Fund concerning transactions for the Fund Account in securities or other assets such that the exemptions under Rule 10f-3, Rule 12d-3 and/or Rule 17a-10 under the 1940 Act would not be available with respect to the Fund. The Subadviser shall exercise voting authority with respect to proxies that the Fund is entitled to vote by virtue of the ownership of assets attributable to that portion of the Fund for which the Subadviser has investment management responsibility; provided that the exercise of such authority shall be subject to periodic review by the Adviser and the Trustees of the Trust; provided, further that such authority may be revoked in whole or in part by the Adviser if required by applicable law. The Subadviser shall exercise its proxy voting authority hereunder in accordance with such proxy voting policies and procedures as the Trust may designate from time to time. The Subadviser shall provide such information relating to its exercise of proxy voting authority hereunder (including the manner in which it has voted proxies and its resolution of conflicts of interest) as reasonably requested by the Adviser from time to time. In the performance of its duties hereunder, the Subadviser is and shall be an independent contractor and except as expressly provided for herein or otherwise expressly provided or authorized shall have no authority to act for or represent the Fund or the Trust in any way or otherwise be deemed to be an agent of the Fund, the Trust or of the Adviser. If any occasion should arise in which the Subadviser gives any advice to its clients concerning the shares of a Fund, the Subadviser will act solely as investment counsel for such clients and not in any way on behalf of the Trust or the Fund.

  • Product Quality 4.1 The following provisions shall apply to Product after Production:

  • Investment Decisions The Subadviser shall determine from time to time what investments and securities will be purchased, retained, sold or loaned by the Series, and what portion of such assets will be invested or held uninvested as cash.

  • Non-Investment Advisory Services The Fund hereby employs the Manager to provide certain non-investment advisory services for the Portfolio, subject to the direction of the officers and the Board on the terms hereinafter set forth. Specifically, the Manager shall perform or arrange for the performance, as applicable, at its own expense (except as provided in Section 4 or unless otherwise agreed to by the Manager and the Fund, in which case at the Fund’s expense), the following services to the Fund on behalf of the Portfolio to the extent that any such services are not otherwise provided by any other service provider to the Fund:

  • Investment Analysis and Implementation In carrying out its obligations under Section 1 hereof, the Advisor shall:

  • Student Evaluation A. All unit members shall be subject to student evaluations each semester in each course taught.

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