Treasury obligations Sample Clauses

Treasury obligations. For purposes of this calculation any earnings on or proceeds of Investments shall be assumed to be invested or reinvested at the then current yield on U.S. Treasury obligations maturing on or about a date two years from the date of Investment.
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Treasury obligations. Securities issued by the U.S. Treasury and backed by the full faith and credit of the United States. Treasuries are considered to have no credit risk, and are the benchmark for interest rates on all other securities in the US and overseas. The Treasury issues both discounted securities and fixed coupon notes and bonds. TREASURY BILLS. All securities issued with initial maturities of one year or less are issued as discounted instruments, and are called Treasury bills. The Treasury currently issues three- and six-month T-bills at regular weekly auctions. It also issues “cash management” bills as needed to smooth out cash flows.
Treasury obligations. Upon the receipt of such offers, the Administrative Agent shall determine the offer price and execution terms that will yield the greatest expected Up-MACRO Available Income Accrual and Down-MACRO Available Income Accrual for the next Calculation Period and shall direct the Trustee to purchase Treasuries, subject to, and in accordance with, the Acquisition Guidelines, from the dealer or dealers who submitted such offers. Instead of or in addition to the foregoing acquisition of U.S. Treasury obligations, the Administrative Agent may, on each Distribution Date, solicit offers, in accordance with the Acquisition Guidelines, from the counterparties designated in Section 3.7(a)(2) for U.S. Treasury repurchase arrangements and, based upon the Administrative Agent's determination of the best offer price and execution terms yielding the greatest Up-MACRO and Down-MACRO Available Income Accrual, shall direct the Trustee to enter into repurchase arrangements with the counterparty or counterparties who submitted such offers. All Treasuries acquired as described above shall be allocated ratably between the Up-MACRO Holding Trust and the Down-MACRO Holding Trust. Treasuries purchased on each Distribution Date, Subsequent Issuance Date or any other date shall be deposited by the Trustee into the Securities Account.
Treasury obligations. The Partnership shall give each Partner prompt written notice of any decision not to launch a second or subsequent generation of satellites at least 48 months in advance of the termination or significant degradation of service from the satellite constellation then in operation, and will discuss any such decision with the CSO within a period of two months after such notification.
Treasury obligations. If there were six years and four months remaining on the Initial Term of this Agreement, the Discount Rate would be calculated by adding 300 basis points to the then current yield on the 6-year U.S. Treasury obligations.
Treasury obligations. On the Closing Date Purchaser shall deposit Two Million Dollars ($2,000,000) in the Escrow Account and Purchaser, Seller and Escrow Agent shall enter into an escrow agreement (the "Escrow Agreement") substantially in the form attached hereto as Exhibit L. Purchaser hereby grants, effective as of the Closing date and subject to the Closing of the transactions contemplated hereby, to Seller a security interest in the Escrow Account for the purpose of securing Purchaser's obligations under the Holdback Note. Purchaser shall take all necessary and appropriate steps to create a perfected security interest in favor of Seller in ----------------------- /1/ Exhibits G through J have been intentionally deleted. and to the Escrow Account. On the Closing Date, the Escrow Agent shall be authorized to invest funds in the Escrow Account only in short-term U.S. Treasury obligations earning at least the Reference Rate. On April 1, 1997, provided there has been no Seller default under this Agreement, $1,500,000 under the Holdback Note shall become due and payable on April 1, 1997 and in order to satisfy such Purchaser payment obligations, $1,500,000 in the Escrow Account shall be released and transferred to Seller on such date, provided, -------- however, if Purchaser claims Seller is in default under this Agreement and ------- Escrow Agent has received Seller's Notice of Indemnity Dispute and as a result thereof, Escrow Agent does not release and transfer the $1,500,000 to Seller, then Seller shall have all of its rights and remedies, provided for in the Holdback Note subject to Purchaser's right of offset thereunder. All interest on escrowed funds shall be delivered to Purchaser promptly upon receipt, so long as there has been no default by Purchaser under the Holdback Note. Subject to the provisions of Section 8.05, Purchaser shall be entitled to first offset against the Holdback Note and simultaneously therewith assert against the Escrow Account any claims it may have under Article VIII of this Agreement. In addition, Purchaser shall be entitled to receive with respect to all transactions after the Closing Date an amount equal to the difference between the regular admission or concession price as the case may be, and the price at which any patron purchases such admission or concession with the benefit of any discount, guest or club card issued prior to the Closing Date calculated without reference to any amounts paid to the Seller with respect to such discount, guest o...
Treasury obligations. The Treasury hereby agrees that during the Term pursuant to clause 15 of this Agreement (but excluding the period of any notice given by any party) the Treasury will not seek to bring into force legislation to regulate or control prices within the gas market.
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Related to Treasury obligations

  • Statutory Obligations Nothing in this Agreement shall be construed to modify, eliminate or detract from the statutory responsibilities and obligations of the Employer except that the exercise of its rights in the furtherance of such statutory obligations shall not be in conflict with the provisions of this Agreement.

  • Primary Obligations This Guaranty is a primary and original obligation of Guarantor, is not merely the creation of a surety relationship, and is an absolute, unconditional, and continuing guaranty of payment and performance which shall remain in full force and effect without respect to future changes in conditions. Guarantor hereby agrees that it is directly, jointly and severally with any other guarantor of the Guarantied Obligations, liable to Agent, for the benefit of the Lender Group and the Bank Product Providers, that the obligations of Guarantor hereunder are independent of the obligations of Borrower or any other guarantor, and that a separate action may be brought against Guarantor, whether such action is brought against Borrower or any other guarantor or whether Borrower or any other guarantor is joined in such action. Guarantor hereby agrees that its liability hereunder shall be immediate and shall not be contingent upon the exercise or enforcement by any member of the Lender Group or any Bank Product Provider of whatever remedies they may have against Borrower or any other guarantor, or the enforcement of any lien or realization upon any security by any member of the Lender Group or any Bank Product Provider. Guarantor hereby agrees that any release which may be given by Agent to Borrower or any other guarantor, or with respect to any property or asset subject to a Lien, shall not release Guarantor. Guarantor consents and agrees that no member of the Lender Group nor any Bank Product Provider shall be under any obligation to marshal any property or assets of Borrower or any other guarantor in favor of Guarantor, or against or in payment of any or all of the Guarantied Obligations.

  • Delivery Obligations 9.1 The Grant Recipient must in relation to each Named Project:

  • Fiduciary Obligations The Executive agrees that Proprietary Information is of critical importance to the Company and a violation of this Section 7 would seriously and irreparably impair and damage the Company's business. The Executive agrees that he shall keep all Proprietary Information in a fiduciary capacity for the sole benefit of the Company.

  • Primary Obligation This Agreement is a primary and original obligation of each Borrower and shall remain in effect notwithstanding future changes in conditions, including any change of law or any invalidity or irregularity in the creation or acquisition of any Obligations or in the execution or delivery of any agreement between Bank and any Borrower. Each Borrower shall be liable for existing and future Obligations as fully as if all of all Credit Extensions were advanced to such Borrower. Bank may rely on any certificate or representation made by any Borrower as made on behalf of, and binding on, all Borrowers, including without limitation Disbursement Request Forms, Borrowing Base Certificates and Compliance Certificates.

  • Swap Obligations Neither the Company nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. The Company has undertaken its own independent assessment of its consolidated assets, liabilities and commitments and has considered appropriate means of mitigating and managing risks associated with such matters and has not relied on any swap counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.

  • Payment Obligations Absolute The Company’s obligation during and after the Employment Period to pay the Executive the amounts and to make the benefit and other arrangements provided herein shall be absolute and unconditional and shall not be affected by any circumstances, including, without limitation, any setoff, counterclaim, recoupment, defense or other right which the Company may have against him or anyone else. Except as provided in Section 15, all amounts payable by the Company hereunder shall be paid without notice or demand. Each and every payment made hereunder by the Company shall be final, and the Company will not seek to recover all or any part of such payment from the Executive, or from whomsoever may be entitled thereto, for any reason whatsoever.

  • Supply Obligations Upon Licensor’s request, AbbVie shall either (a) to the extent allowable under such agreements, assign to Licensee or its Affiliates the portion of AbbVie’s agreement(s) with its Third Party manufacturing provider related to the Terminated Antibodies, Terminated Products and placebo used in connection therewith, or alternatively, use Commercially Reasonable Efforts to facilitate Licensor’s entering into a direct supply agreement with such Third Party manufacturing provider of the Terminated Antibodies, Terminated Products and placebo used in connection therewith on comparable terms to those between AbbVie and such Third Party manufacturing provider (in each case assuming AbbVie is then obtaining supply of Terminated Antibodies, Terminated Products or placebo used in connection therewith from a Third Party manufacturing provider) and (b) to the extent AbbVie or its Affiliate is producing its own supply of the Terminated Product, Terminated Antibody or placebo, use Commercially Reasonable Efforts to supply to Licensor the Terminated Antibodies and/or Terminated Products and placebo as requested by Licensor, to the extent reasonably necessary for Licensor’s continued Development and Commercialization of such Terminated Antibodies and/or Terminated Products, until the date on which Licensor notifies AbbVie in writing that Licensor has secured an alternative manufacturer for the Terminated Antibodies and/or Terminated Products, but in no event more for than [***] after the effective date of any expiration or termination of this Agreement. In the case of (b), Licensor shall pay to AbbVie a transfer price for the materials supplied equal to the Manufacturing Cost thereof. Without limiting the foregoing, in either case Licensor shall additionally have the right to immediately have AbbVie commence the transfer of the Manufacturing Process to Licensor or its designee, with such transfer to be carried out in accordance with the terms of Section 3.5.3, applied mutatis mutandis. *** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request.

  • Hedging Obligations 5 Holder.....................................................................................

  • Client Obligations 3.1 The Client shall:

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