Examples of Direct holdings in a sentence
Direct holdings would be defined as real asset investments where the Investment Board would negotiate directly with the seller of a property and would then be responsible for the on-going operation of the property.
Direct holdings will generally be recorded in the constitutional documents of a legal person (for example, a register of shares).
Given the impracticality of monitoring and/or limiting such investments, it is NINA's intention that such investments would not be considered "material." Direct holdings in securities, bonds or other issuances of NINA, its subsidiaries, its owners, or their affiliated companies would be considered material and reportable.
Direct holdings of derivatives require prior approval of the BEMCO Board.
Direct holdings of real assets, unless they are securitised, should also form a class of eligible assets.