Common use of Qualified Investments Clause in Contracts

Qualified Investments. As applied to the Company and its Subsidiaries, --------------------- investments in (i) notes, bonds or other obligations of the United States of America or any agency thereof that as to principal and interest constitute direct obligations of or are guaranteed by the United States of America; (ii) certificates of deposit or other deposit instruments or accounts of banks or trust companies organized under the laws of the United States or any state thereof that have capital and surplus of at least $100,000,000, (iii) commercial paper that is rated not less than prime-one or A-1 or their equivalents by Xxxxx'x Investors Service, Inc. or Standard & Poor's Corporation, respectively, or their successors, and (iv) any repurchase agreement secured by any one or more of the foregoing.

Qualified Investments. As applied to the Company and its Subsidiaries, --------------------- investments Investments in (i) notes, bonds or other obligations of the United States of America or any agency thereof that as to principal and interest constitute direct obligations of or are guaranteed by the United States of America; (ii) certificates of deposit or other deposit instruments or accounts of banks or trust companies organized under the laws of the United States or any state thereof that have capital and surplus of at least $100,000,000, (iii) commercial paper of Bank of Boston Corporation or any other issuer that is rated not less than prime-one or A-1 or their equivalents by Xxxxx'x Moody's Investors Service, Inc. or Standard & Poor's CorporationXxxxxxation, respectively, or their successors, and (iv) any repurchase agreement secured by any one or more of the foregoing.

Qualified Investments. As applied to the Company Credit Parties and its their Subsidiaries, --------------------- investments in (ia) notes, bonds or other obligations of the United States of America or any agency thereof that as to principal and interest constitute direct obligations of or are guaranteed by the United States of America; , (iib) certificates of deposit or other deposit instruments or accounts of banks or trust companies organized under the laws of the United States or any state thereof that have capital and surplus of at least $100,000,000, (iiic) commercial paper that is rated not less than prime-one or A-1 or their equivalents by Xxxxx'x Investors Service, Inc. or Standard & Poor's Corporation, respectively, or their successors, and (ivd) any repurchase agreement secured by any one or more of the foregoing.

Qualified Investments. As applied to any member of the Company and its SubsidiariesBorrower Affiliated Group, --------------------- investments in (i) notes, bonds or other obligations of the United States of America or any agency thereof that as to principal and interest constitute direct obligations of or are guaranteed by the United States of America; , (ii) certificates of deposit or other deposit instruments or accounts of banks or trust companies organized under the laws of the United States or any state thereof that have capital and surplus of at least $100,000,000, (iii) commercial paper that is rated not less than prime-one or A-1 A-I or their equivalents by Xxxxx'x Xxxxx’x Investors Service, Inc. or Standard & Poor's ’s Corporation, respectively, or their successors, and (iv) any repurchase agreement secured by any one or more of the foregoing.