Cash Equivalent Instruments definition
Cash Equivalent Instruments means a highly liquid security with a known market value and a maturity, when acquired, of less than three months.
Cash Equivalent Instruments means at any time:
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Related to Cash Equivalent Instruments
Cash Equivalent Investments means at any time:
Cash Equivalent Investment means, at any time:
Cash Equivalents means any of the following types of Investments, to the extent owned by the Borrower or any of its Subsidiaries free and clear of all Liens (other than Permitted Liens):
Cash Investment Instrument means an Automated Clearing House (“ACH”) transfer, made payable to or endorsed to NCPS in the manner described in Section 3(c) hereof, in full payment for the Shares to be purchased by any Subscriber.
Permitted Cash Equivalent Investments means (i) marketable direct obligations issued or unconditionally guaranteed by the United States or any agency or any State thereof having maturities of not more than two (2) years from the date of acquisition and (ii) commercial paper maturing no more than one (1) year after its creation and having the highest rating from either Standard & Poor’s Ratings Group or ▇▇▇▇▇’▇ Investors Service, Inc.