Temporary Investment of Funds. Subject to a determination by the General Partner in its discretion as to the amount of cash required in connection with the conduct of the Partnership’s business, the General Partner shall invest all cash held by the Partnership in interest bearing instruments or accounts as contemplated by the Budget or as otherwise reasonably selected by the General Partner. Cash held by the Partnership includes all amounts being held by the Partnership for future investment in Partnership Investments, payment of Partnership Expenses or distribution to the Partners.
Temporary Investment of Funds. The Company shall invest all cash held by the Company in accordance with the limitations set forth in, and in the interest bearing instruments or accounts specified in, Schedule III. The Company may amend Schedule III with the approval of Comcast Shareholder, such approval not to be unreasonably withheld or delayed. Cash held by the Company includes all amounts being held by the Company for future investment in Investments, payment of Company Expenses or distribution to the Shareholders.
Temporary Investment of Funds. Subject to a determination by the General Partner in its discretion as to the amount of cash required in connection with the conduct of the Partnership’s business, the General Partner shall hold all cash belonging to a Fund in an interest-bearing account in the name of the applicable Coop and may cause such cash to be invested but then only in Temporary Investments (as contemplated by the Budget for such Fund or as otherwise reasonably selected by the General Partner). Cash held by the Partnership for a Fund includes all amounts being held by the Partnership for future investment in Partnership Investments belonging to or going to belong to such Fund, payment of Partnership Expenses attributable to such Fund or distribution to the Partners related to such Fund.
Temporary Investment of Funds. Subject to a determination by the General Partner in its discretion as to the amount of cash required in connection with the conduct of the Partnership’s business, the General Partner shall invest all cash held by the Partnership in the following interest bearing instruments or accounts (“Temporary Investments”): (i) debt instruments issued or guaranteed by the United States or its agencies or instrumentalities, (ii) commercial paper rated “A-1” by Standard & Poor’s Rating Group or “P-1” by Xxxxx’x Investors Services, Inc., (iii) interest-bearing deposits in commercial banks, savings and loan associations, brokerage firms or other financial institutions with a total capital and surplus of at least $250 million, (iv) bankers’ acceptances or overnight time deposits (whether or not insured), (v) money market funds with assets of at least $100 million, (vi) similar quality short-term investments selected by the General Partner or (vii) repurchase agreements covering any of the foregoing investments. Cash held by the Partnership includes all amounts being held by the Partnership for future investment in Partnership Investments, payment of Partnership Expenses or distribution to the Partners.
Temporary Investment of Funds. 19 ARTICLE VI
Temporary Investment of Funds. The General Partner shall invest all cash held by the Partnership in money market instruments which instruments shall be (i) debt instruments issued or guaranteed by the United States or its agencies or instrumentalities maturing within six months or less from the date of acquisition, (ii) commercial paper rated P-1 or A-1 on the date of acquisition and maturing within six months or less from the date of acquisition, (iii) overnight time deposits or other interest-bearing deposits (whether or not insured) in national or state banks (a) having capital and surplus of at least $1,000,000,000 and having a long-term senior debt rating by Standard & Poor's Corporation of "A" or better (or an equivalent rating issued by Xxxxx'x Investors Service, Inc.) or (b) otherwise approved by the Required Partners, (iv) money market mutual funds with assets of at least $750,000,000 and investments comprised of debt with a credit rating of A1 or P1 or a substantially similar rating and (v) similar quality short-term investments. Notwithstanding the foregoing, it is not expected that the Partnership will retain any material cash balances. Any interest earned on investments pursuant to this Section 5.2 shall be payable to the Partners pro rata in accordance with their Interest Percentage in the event the Closing does not occur or shall be added to the Capital Contributions made hereunder, pro rata in accordance with the Partners' Interest Percentage and shall be applied first to pay Partnership Expenses and second to purchase Shares.
Temporary Investment of Funds. 20 Section 2.04. Original Issuance of Company Securities. 21 ARTICLE 3 Management of the Company; the Manager 22 Section 3.01. Management Generally. 22
Temporary Investment of Funds. Subject to a determination by the General Partner in its sole discretion as to the amount of cash required in connection with the conduct of the Partnership’s business, the Investment Manager will use reasonable best efforts to invest substantially all cash held by the Partnership, including all amounts being held by the Partnership for future investment in any Fund Investment, payment of Partnership Expenses or distribution to the Partners, in Temporary Investments (other than amounts of cash necessary to meet day-to-day expenses).
Temporary Investment of Funds. Subject to a determination by the Manager in its discretion as to the amount of cash required in connection with the Company's activities, the Manager shall invest in short-term money market or other comparable investments, the income of which shall not be subject to withholding taxes in the United States, all cash held by the Company, including all amounts being held by the Company for future investments, payment of Company expenses or distribution to the Members.
Temporary Investment of Funds. 21 Section 2.04. Company Debt 22
