Unrestricted Investments definition

Unrestricted Investments means the net investment of the Borrower and its Restricted Subsidiaries in any Unrestricted Subsidiary.

Unrestricted Investments has the meaning assigned to that term in Section 8.4(a).

Unrestricted Investments means all of the Borrower’s “Investment Property” of every type and description other than Pledged Investments which shall include without limitation, all of the Borrower’s “Securities Accounts”, “Securities Entitlements”, “Securities”, “Investment Property” and “Financial Assets” (such terms being used herein are defined in the UCC) and which may now or hereafter be maintained, held in or credited in any account maintained in financial institutions other than the Bank or its Affiliates, all substitutions, additions, renewals, investments, reinvestments, free credit balances, cash proceeds, general intangibles, insurance, products and supporting obligations including but not limited to all interest, dividends, other proceeds, instruments and other property now or hereafter received, receivable or otherwise distributed in connection with the sale, lease, license, exchange or other disposition of any Unrestricted Investments.

Examples of Unrestricted Investments in a sentence

• Reserves may not be used without the express approval by a two-thirds (2/3) majority of the entire membership of the Board; and Maintaining the following minimum financial reserves: The Unrestricted Investments, as depicted on the AIA balance sheet, shall be at or above thirty-three (33) percent of total annual budgeted revenue.

• Unrestricted Investments as of December 31, 2014, are summarized as follows: Cost The following schedule summarizes the investment return and its classification for 2014.

• DAYS CASH ON HAND – The Days Cash On Hand Ratio reflects the number of days that a facility maintains adequate cash and/or readily marketable securities to cover average cash expenditures.Cash Expenses per Day = Cash Operating Expenses # of Days in Period Days Cash on Hand Unrestricted Investments (c) LEVERAGE RATIO:DEBT SERVICE COVERAGE RATIO – The Debt Service Coverage Ratio is a measure of a facility’s ability to pay its debt service payments through operations and is calculated on a cash flow basis.

• After the Agreement Date, so long as no Default or Event of Default then exists or would be caused thereby, the Borrower may, upon thirty (30) days' (or such shorter period as may be acceptable to the Administrative Agent) prior written notice to the Administrative Agent and subject to compliance with the requirements of this Section 6.17 and Section 6.15 hereof, re-designate Unrestricted Subsidiaries as Restricted Subsidiaries and Unrestricted Investments as Restricted Investments.

• Non-Current investments are reported as Restricted Investments or Unrestricted Investments.

More Definitions of Unrestricted Investments

Unrestricted Investments means at any time cash and cash-equivalents and other readily marketable securities of the Borrower as are unrestricted and are identified as such in financial statements provided by the Borrower to the Bank from time to time under this Agreement.

Unrestricted Investments means at any time cash and cash- equivalents and other readily marketable securities of the Borrower as are unrestricted and are identified as such in financial statements provided by the Borrower to the Bank from time to time under this Agreement. (b)

Unrestricted Investments means any Restricted Investment occurring at any time other than during the existence of a Low Availability Period and that would not result in the imposition of a Low Availability Period.

Unrestricted Investments means, collectively, direct or indirect minority Investments by the Borrower in the Equity Interests of Persons (other than Concourse Communications, any Domestic SpectraSite Mexico Investments, any Foreign SpectraSite Mexico Investments, Foreign Investments or Restricted Investments) and which have been designated by the Borrower as "Unrestricted Investments" pursuant to Section 6.17(a) hereof.

Unrestricted Investments means any investment issued by or the payment of principal and interest on which is guaranteed by, a government, or any fixed interest investments issued by its public or local authorities or other multilateral agencies.

Unrestricted Investments means the net investment of the Borrower and its Restricted Subsidiaries in any Unrestricted Subsidiary. “Unrestricted Subsidiary” shall mean (i) SemMexico and its Subsidiaries, (ii) Maurepas Holdings and its Subsidiaries, (iii) White Cliffs and itsSubsidiaries, (iv) to the extent a Subsidiary, Glass Mountain Pipeline and its Subsidiaries and (v) any direct or indirect Subsidiary of the Borrower acquired orformed after the Closing Date:

Unrestricted Investments means any U.S. dollar denominated securities which can be converted into cash at any regulated exchange within the customary three business day trading period for availability, and the resultant cash can be accounted for as Unrestricted Cash..“Loans Receivable” means any loans or extension of credit made by the Eligible CDFI to its borrowers, without regard to the source of funds to make such loans.4) Change in Unrestricted Net Assets: In at least two (2) out of the three (3) consecutive fiscal year periods, as measured on an annual fiscal year basis, have a positive year over year change in Unrestricted Net Assets, exclusive of Non-Controlling Interests. Change in Unrestricted Net Assets for purposes of this section is defined as such term is used or amount is derived in the Eligible CDFI's audited statement of activities. The following definitions shall apply to this subparagraph: