Liquid Investments. To the extent that the Partnership from time to time has funds which are not invested in private debt or equity investments pursuant to this Agreement, the Partnership shall invest in highly liquid investments ("Liquid Investments") providing for appropriate safety of principal, such as commercial paper bearing the highest rating of a nationally recognized rating agency, money market mutual funds, securities issued by the United States Government, any instrumentality thereof, or one of the states of the United States, or a domestic bank with total assets in excess of $5,000,000,000, to provide liquid investments from which to meet obligations of the Partnership and to hold funds pending investment or distribution.
Liquid Investments. (c) intercompany loans from the Company to or from any of its Subsidiaries and intercompany loans between Subsidiaries;
Liquid Investments. 29 9.2 Investment Intent of Limited Partners................................29
Liquid Investments. LIQUID INVESTMENTS" mean (a) money market instruments, negotiable certificates of deposit, time deposits issued by, or issued on the credit and backing of, any United States commercial bank with capital and surplus in excess of $250,000,000; (b) obligations issued or directly or indirectly guaranteed as to principal and interest by the United States of America or any agency thereof and having a maturity of not more than two years from the date of acquisition; (c) commercial paper which is rated not less than prime-one or A-1 or their equivalents by Moody's Investor Service, Inc.("MOODY'S") or Standard & Poor's Corpoxxxxxx ("S&P") or their successors; (d) repurchase agreements or reverse repurchase agreements secured by any one or more of the investments permitted by clauses (a), (b) and (c) above, and (e) one or more money market funds registered under the Investment Company Act of 1940, as amended, with the highest investment rating available from Moody's or S&P or their successors and investing in securities referenced in clauses (a)-(d) above.
Liquid Investments. As of any date of determination, (i) cash, (ii) Cash Equivalents, (iii) municipal bonds having a rating of at least “A” / “A2” or its equivalent and (iv) Investments that can be converted into cash within 30 days (as evidenced by (i) such Investment being listed on a national exchange or (ii) regularly traded in other recognized markets and subject to price quotes from an approved pricing service); provided that Liquid Investments shall not include Investments that are subject to restrictions on the Consolidated Subsidiaries’ distributing the proceeds thereof to EPI or any guarantor of the EPI Term Agreement and shall not include assets pledged pursuant to reverse repurchase agreement transactions.
Liquid Investments. The Parent Company shall maintain, and shall cause the Borrower to maintain, at all times during each of the months shown, an aggregate of Liquid Investments for both such Persons not less than the following amount for such month: June, July and August, 2002 $ 7,500,000 September and October, 2002 $12,000,000 November and December, 2002 $15,000,000
Liquid Investments. (b) receivables owing to the Borrower or its Subsidiaries created or acquired in the ordinary course of business and payable on customary trade terms of the Borrower or such Subsidiary and in compliance with the arm's-length requirements of Section 6.8;
Liquid Investments. (b) trade and customer accounts receivable which are for goods furnished or services rendered in the ordinary course of business and are payable in accordance with customary trade terms;
Liquid Investments. 6 SECTION 7.
Liquid Investments. Amounts on deposit in the Collateral Account shall be invested and re-invested from time to time in Liquid Investments pursuant to Section, which Liquid Investments shall be held in the name and be under the control of the Collateral Agent pursuant to the provisions of Section, provided that, if an Event of Default has occurred and is continuing, the Collateral Agent shall, if instructed by the Trustee, liquidate any such Liquid Investments and apply or cause to be applied the proceeds thereof to the payment of the Secured Obligations in the manner specified in Section.
