Common use of Permitted Temporary Investments Clause in Contracts

Permitted Temporary Investments. investments by the Partnership in (a) Securities that are obligations of or guaranteed by the United States government or an agency or instrumentality thereof; (b) domestic, corporate or governmental indebtedness rated AA or Prime-1 (or the equivalent thereof) or better by Xxxxx’x Investors Service Inc. or A-1 (or its equivalent) or better by Standard & Poor’s Corporation; (c) certificates of deposit, money market accounts, savings accounts, checking accounts or any combination thereof in banks which have total assets of $100,000,000 or more (or in banks insured by the Federal Deposit Insurance Corporation (the “FDIC”) which have total assets of less than $100,000,000 if the amount of the Partnership’s funds deposited in such bank is fully insured by the FDIC); or (d) any other Securities that the General Partner determines are appropriate for short term investments. Person – an individual, partnership, corporation, limited liability company, joint venture, business trust or unincorporated organization, Governmental Authority or any other entity. Regulation Y – Regulation Y of the Board of Governors of the Federal Reserve System (C.F.R. Part 225) or any successor to such Regulation.

Appears in 2 contracts

Samples: Bridge Private Lending, LP, Bridge Private Lending, LP

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Permitted Temporary Investments. investments by the Partnership in (a) Securities that are obligations of or guaranteed by the United States government or an agency or instrumentality thereof; (b) domestic, corporate or governmental indebtedness rated AA or Prime-1 (or the equivalent thereof) or better by Xxxxx’x Investors Service Inc. or A-1 (or its equivalent) or better by Standard & Poor’s Corporation; (c) certificates of deposit, money market accounts, savings accounts, checking accounts or any combination thereof in banks which have total assets of $100,000,000 or more (or in banks insured by the Federal Deposit Insurance Corporation (the “FDIC”) which have total assets of less than $100,000,000 if the amount of the Partnership’s funds deposited in such bank is fully insured by the FDIC); or (d) any other Securities that the General Partner determines are appropriate for short term investments. Person – an individual, partnership, corporation, limited liability companycorporation, joint venture, business trust or unincorporated organization, Governmental Authority or any other entity. Regulation Y – Regulation Y of the Board of Governors of the Federal Reserve System (C.F.R. Part 225) or any successor to such Regulation.

Appears in 1 contract

Samples: Limited Partnership Agreement (Equisource Hotel Fund I, LLP)

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Permitted Temporary Investments. investments by the Partnership Company in (a) Securities securities that are obligations of or guaranteed by the United States U.S. government or an agency or instrumentality thereof; (b) domestic, corporate or governmental indebtedness rated AA Aa or Prime-1 (or the equivalent thereof) or better by Xxxxx’x Investors Moxxx’x Xnvestors Service Inc. or A-1 (or its equivalent) or better by Standard & Poor’s Corporation; (c) certificates of deposit, money market accounts, savings accounts, checking accounts or any combination thereof in banks which have total assets of $100,000,000 or more (or in banks insured by the Federal Deposit Insurance Corporation (the “FDIC”) which have total assets of less than $100,000,000 if the amount of the PartnershipCompany’s funds deposited in such bank is fully insured by the FDIC); or (d) any other Securities securities that the General Partner Manager determines are appropriate for short term investments. Person - an individual, partnership, corporation, limited liability company, joint venture, business business, trust or unincorporated organization, Governmental Authority or any other entity. Regulation Y – Regulation Y of the Board of Governors of the Federal Reserve System (C.F.R. Part 225) or any successor to such Regulation.

Appears in 1 contract

Samples: Operating Agreement (Iron Bridge Mortgage Fund, LLC)

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