Authorised Investment definition

Authorised Investment means, at any time (subject to such being available), any of the following:

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Authorised Investment means, subject to the provisions of the Code:-

Authorised Investment means any investment for the time being authorised by law and which the chief executive officer or the managers, with the approval of the Board, may select for the purpose of investment of the deposited property;

Examples of Authorised Investment in a sentence

In each case where an Authorised Investment comprises the deposit of the Transaction Cash in a deposit account with a third party, the Transaction Cash shall be deposited under instructions that it may not be paid out of such deposit account otherwise than by transferring the Transaction Cash, together with interest accrued thereon, directly to the Transaction Account which instructions may not be altered without the consent of the Issuer and the Trustee (such consent not to be unreasonably withheld).
Therefore, the precise proportion of your assets allocated to each type of Authorised Investment may vary from any representations made by us to you regarding such Authorised Investments.
Each sum credited to a Project Account from time to time shall, from the time it is so credited until the time it is withdrawn therefrom (whether for the purpose of making an Authorised Investment or otherwise for application in accordance with the terms of this Agreement), bear interest at such rate as the relevant Obligor may from time to time agree with the relevant Account Bank.
Subject to this Deed, the Manager and the Trustee shall ensure that any agreements entered into in relation to the Trusts contain a provision to the effect that any moneys belonging to the Trusts under the agreements shall be paid to the Trustee or to an account, or Authorised Investment, in the name of the Trustee in its capacity as trustee of the relevant Trust.
The Trustee must not make an investment if it is knows that it is not an Authorised Investment.

More Definitions of Authorised Investment

Authorised Investment shall include any cash, liquid funds or deposits in any currency; common, preferred and convertible preferred shares, certificates of deposit or other certificates, depository receipts, warrants, or other equivalent types of securities; any securities, investment or instrument issued in exchange for or substitution of or otherwise in respect of or in relation to any Authorised Investment; any collective investment schemes; and any other securities, investments or instruments added from time to time.

Authorised Investment means an investment that may be made by the Treasurer under this Act.

Authorised Investment means an investment authorised under the

Authorised Investment means, in the case of the Issuer:

Authorised Investment means cash or deposit to the extent possible or necessary in terms of these presents, to be maintained with the Trust Bank;

Authorised Investment means [12-month term time deposits offered by Citibank, N.A. to be acquired by and held in the name of the Escrow Agent as agent for Party B in accordance with Section 14 and which shall be automatically renewed and re-invested during the term of this Agreement unless liquidated and the proceeds therefrom deposited into the Escrow Account pursuant to a Liquidation Instruction given by Party A in accordance with this Agreement].2

Authorised Investment means, subject to the Code:-