Maximum Maturity. The portfolio will be invested in short-term instruments that have remaining maturities no longer that 13 months. However, the average maturity of the portfolio will be maintained at 9 months or less, unless specifically instructed in writing by the Company.
Appears in 2 contracts
Sources: Loan and Security Agreement, Loan and Security Agreement (Bluearc Corp)
Maximum Maturity. The portfolio will be invested in short-term instruments that have remaining maturities no longer that 13 than 24 months. However, the average maturity of the portfolio will be maintained at 9 6 months or less, unless specifically instructed in writing by the Company.
Appears in 1 contract
Sources: Loan, Guaranty and Security Agreement (Trident Microsystems Inc)