Escrow Investments means, at any time, (1) United States dollars; (2) securities issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality thereof having maturities of not later than November 11, 2011; and (3) securities representing an interest or interests in AAA rated money market funds registered under the Investment Company Act of 1940, as amended.
Escrow Investments means direct obligations of, or obligations the principal of and the interest on which are unconditionally guaranteed by, the United States of America.
Escrow Investments means any of the following securities:
Examples of Escrow Investments in a sentence
Release of Escrow Investments to Contractor: Retainage will be released per Section 01 70 00 - Project Close-Out.
Escrow Investments: The bank or trust company may invest the retained funds in bonds and other securities selected by Contractor, except stocks, subject to the written approval of Owner.
The Zagreb Rules (2002) only provide that multiple claimants and/or multiple respondents have to agree on the appointment of their joint arbitrator.
If the Authority invests any Gross Proceeds of the Obligations in a Guaranteed Investment Contract or purchases with Gross Proceeds Yield Restricted Defeasance Escrow Investments, it will conduct, or will have conducted on its behalf, a Bona Fide Solicitation.
Neither the principal of nor the interest on the Escrow Investments will be available for payment of the Bonds.
More Definitions of Escrow Investments
Escrow Investments means any of the following obligations or securities:
Escrow Investments means Investments on deposit in the Escrow Account or credited thereto.
Escrow Investments means (i) Treasury Securities (as defined below), (ii) investments in time deposit accounts, certificates of deposit and money market deposits, in each case maturing no later than July 11, 2007 (the “Escrow Outside Date”), entitled to U.S. Federal deposit insurance for the full amount thereof or issued by a bank (within the meaning of Section 3(a)(2) of the Securities Act of 1933, as interpreted by the staff of the Securities and Exchange Commission) or trust company (including the Escrow Agent or an affiliate of the Escrow Agent) which is organized under the laws of the United States of America or any State thereof having capital, surplus and undivided profits aggregating in excess of $500,000,000, (iii) investments in commercial paper maturing no later than the Escrow Outside Date and having, at the date of acquisition, a credit rating no lower than A-1 from Standard & Poor’s Rating Service, P-1 from Mxxxx’x Investors Service, Inc., or F-1 from Fitch Ratings Ltd. and (iv) repurchase obligations maturing no later than the Escrow Outside Date entered into with a nationally recognized broker-dealer, with respect to which the purchased securities are obligations issued or guaranteed by the United States of America or any agency thereof, which repurchase obligations shall be entered into pursuant to written agreements.
Escrow Investments has the meaning specified in Section 4(a).
Escrow Investments means the Government Securities, purchased with proceeds of the Series 2021B Bonds in connection with the refunding of the Refunded Bonds and deposited hereunder, as more particularly described in Exhibit A attached hereto.
Escrow Investments means (i) Treasury Securities (as defined below), (ii) investments in time deposit accounts, certificates of deposit and money market deposits maturing no later than June 30, 2008, in each case, entitled to U.S. Federal deposit insurance for the full amount thereof or issued by a bank (within the meaning of Section 3(a)(2) of the Securities Act of 1933, as interpreted by the staff of the Securities and Exchange Commission) or trust company (including the Escrow Agent or an affiliate of the Escrow Agent) which is organized under the laws of the United States of America or any State thereof having capital, surplus and undivided profits aggregating in excess of $500,000,000, (iii) marketable debt securities, rated Aaa by Moody’s Investor’s Service, Inc. and/or AAA by Standard & Poor’s Rating Services, issued by U. S. Government-sponsored enterprises, U. S. Federal agencies, U.S. Federal financing banks, and international institutions whose capital stock has been subscribed for by the United States, and (iv) investments in commercial paper maturing no later than June 30, 2008 and having, at the date of acquisition, a rating no lower than A-1 from Standard & Poor’s Ratings Service, P-1 from Xxxxx’x Investors Service, Inc. or F-1 from Fitch Ratings Ltd.
Escrow Investments means (1) Treasury Securities, (2) investments in time deposit accounts, certificates of deposit and money market deposits maturing no later than July 31, 2004, in each case, entitled to U.S. Federal deposit insurance for the full amount thereof or issued by a bank or trust company (including the Escrow Agent or an affiliate of the Escrow Agent) which is organized under the laws of the United States of America or any State thereof having capital, surplus and undivided profits aggregating in excess of $500.0 million, (3) investments in commercial paper maturing no later than July 31, 2004 and having, at the date of acquisition, a rating no lower than A-l from S&P, P-l from Moody’s or F -1 from Fitch and (4) repurchase obligations maturing no later than July 31, 2004 entered into with a nationally recognized broker-dealer, with respect to which the purchased securities are obligations issued or guaranteed by the United States government or any agency thereof, which repurchase obligations shall be entered into pursuant to written agreements.