Deposit Assets definition
Deposit Assets means cash, Short-Term Money Market Instruments and U.S. Government Obligations. Except for determining whether the Trust has Eligible Assets with an Adjusted Value equal to or greater than the Basic Maintenance Amount, each Deposit Asset shall be deemed to have a value equal to its principal or face amount payable at maturity plus any interest payable thereon after delivery of such Deposit Asset but only if payable on or prior to the applicable payment date in advance of which the relevant deposit is made.
Deposit Assets means cash, Short-Term Money Market Instruments and U.S. Government Obligations. Each Deposit Asset shall be deemed to have a value equal to its principal or face amount payable at maturity plus any interest payable thereon after delivery of such Deposit Asset but only if payable on or prior to the applicable payment date in advance of which the relevant deposit is made.
Deposit Assets means cash, Short-Term Money Market Instruments and U.S. Government Obligations. Except for determining whether the Fund has assets with a Market Value equal to or greater than the Basic Maintenance Amount, each Deposit Asset shall be deemed to have a value equal to its principal or face amount payable at maturity plus any interest payable thereon after delivery
Examples of Deposit Assets in a sentence
The tangible assets of the Company that are part of the Assets are in good operating condition and repair, ordinary wear and tear excepted; provided however that this sentence shall not be deemed to apply to any of the Deposit Assets.
Except for the Deposit Assets, none of the personal or movable property owned or leased by the Company is located other than at the real property leased by the Company.
The Total Amount Not to Exceed of COUNTY for services provided in accordance with this Contract, and the separate Amount Not to Exceeds for each Period under this Contract, are as specified in 6 the Referenced Contract Provisions of this Contract, except as allowed for in Subparagraph B.
More Definitions of Deposit Assets
Deposit Assets means cash, Short Term Money Market Instruments and U.S. Government Obligations. Except for purposes of determining Rating Agency Asset Coverage, each Deposit Asset shall be deemed to have a value equal to its principal or face amount payable at maturity plus any interest payable thereon after delivery of such Deposit Asset but only if
Deposit Assets means cash, Short-Term Money Market Instruments and U.S. Government Obligations. Each Deposit Asset shall be deemed to have a value equal to its principal or face amount payable at maturity plus any interest payable thereon after delivery of
Deposit Assets means cash, Short-Term Money Market Instruments and U.S.
Deposit Assets means cash, Short-Term Money Market Instruments and U.S. Government Obligations. Except for determining whether the Trust has Moody’s Eligible Assets with an Adjusted Value equal to or greater than the Basic Maintenance Amount, each Deposit
Deposit Assets means the Assets as such term is defined in the Deposit Agreement.
Deposit Assets means, collectively, (a) Cash or (b) non-callable direct obligations of the United States government or debt securities rated P-1 (or higher) by Moody's (if the AMPS are rated by Moody's) and A-1+ by S&P (if the AMPS are rated by S&P), in each case which mature on or before the Business Day prior to (i) the applicable Redemption Date, in the case of a deposit in connection with a redemption of AMPS or (ii) the applicable Dividend Distribution Date, in the case of a deposit in connection with the payment of any dividends on the AMPS.
Deposit Assets means (i) cash, (ii)(A) demand or time deposits in, and banker’s acceptances and certificates of deposit of (A) a depository institution or trust company incorporated under the laws of the United States of America or any state thereof or the District of Columbia or (B) a United States branch office or agency of a foreign depository institution (provided that such branch office or agency is subject to banking regulation under the laws of the United States, any state thereof or the District of Columbia); and (iii) U.S. Government Obligations and U.S. Government Securities. Each Deposit Asset shall be deemed to have a value equal to its principal or face amount payable at maturity plus any interest payable thereon after delivery of such Deposit Asset but only if payable on or prior to the applicable payment date in advance of which the relevant deposit is made.