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

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

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

Prior to an Obligor making any Authorised Investment in England, that Obligor shall ensure that it has entered into the Offshore Security Assignment.
To the extent that any Authorised Investment is made in a jurisdiction other than England, the relevant Obligor shall execute and deliver, such other security as the Facility Agent may reasonably require from time to time in order to ensure that such Authorised Investment is secured to the Finance Parties by way of first priority security, in a form and substance satisfactory to the Facility Agent and the Security Agent, acting reasonably.
Each sum credited to a Project Account from time to time shall, from the time it is so credited until the time it is withdrawn therefrom (whether for the purpose of making an Authorised Investment or otherwise for application in accordance with the terms of this Agreement), bear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.

More Definitions of Authorised Investment

Authorised Investment means an investment authorised under the

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, in the case of the Issuer:

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

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:-