Definition of Temporary Investments

  1. Temporary Investments means, at any date, all amounts that would, in conformity with Mexican FRS consistently applied, be set forth opposite the caption "cash and cash equivalent" ("efectivo y equivalentes de efectivo") or "temporary investments" ("inversiones temporales") on a consolidated balance sheet of the Borrower at such date.

Examples of Temporary Investments in a sentence

  1. The funds on deposit in the Escrow Account shall be invested in First American Funds Government Obligations fund which the Company believes are "Qualifying Temporary Investments."
  2. Temporary Investments: Cash or cash equivalent investments having a credit rating no lower than A-1 by Standard & Poors Rating Services or P-1 by Moodys Investors Services, Inc.

Definition of Temporary Investments in Credit Agreement

Temporary Investments means, at any date, all amounts that would, in conformity with Mexican FRS consistently applied, be set forth opposite the caption "cash and cash equivalent" ("efectivo y equivalentes de efectivo") or "temporary investments" ("inversiones temporales") on a consolidated balance sheet of the Borrower at such date.