Cash Equivalent Investments. 6.13.2 Existing Investments in Subsidiaries and other Investments in existence on the Closing Date and described in Schedule 6.13.
Cash Equivalent Investments. 6.13.2 Existing Investments in Subsidiary Guarantors and other Investments in existence on the date hereof and described in Schedule 6.13.
Cash Equivalent Investments. (e) Loans from a Borrower to another Borrower, provided that the Borrowers shall cause any such loans to be evidenced by a promissory note, which shall immediately be delivered to the Lender as Collateral;
Cash Equivalent Investments. (e) bank deposits in the ordinary course of business, provided that the aggregate amount of all such deposits (excluding amounts in payroll accounts or for accounts payable, in each case to the extent that checks have been issued to third parties) which are maintained with any bank other than the Agent or a Depository Bank shall not at any time exceed $200,000 in the aggregate for all such bank accounts;
Cash Equivalent Investments. At any time when no Default shall have occurred and be continuing, the Borrower may direct the Project Account Bank (Offshore) to invest amounts held in any Project Account (Offshore) maintained in its name (excluding, however, the Offshore Collection Account) in Cash Equivalent Investments; provided, however, that:
Cash Equivalent Investments. The Borrower covenants and agrees that the first Five Million and 00/100 Dollars ($5,000,000.00) of Cash Equivalent Investments Borrower has shall be held at the Bank.
Cash Equivalent Investments. (e) advances to officers, shareholders, and employees of Borrowers; provided that such advances shall not exceed the aggregate amount of $100,000 at any one time outstanding for all such officers, shareholders and employees;
Cash Equivalent Investments. Lender deposits in the ordinary course of business (subject to the requirements of Section 10.14(b); and Investments in securities of account debtors received pursuant to any plan of reorganization or similar arrangement upon the Bankruptcy or insolvency of such account debtors. provided that (x) any Investment which when made complies with the requirements of the definition of the term "Cash Equivalent Investment" may continue to be held notwithstanding that such Investment if made thereafter would not comply with such requirements; (y) no Investment otherwise permitted by clause (a) or (b) shall be permitted to be made if, immediately before or after giving effect thereto, any Event of Default or Unmatured Event of Default exists.
Cash Equivalent Investments. (i) bank deposits in the ordinary course of business; provided that the aggregate amount of all such deposits (excluding (x) amounts in payroll accounts or for accounts payable, in each case to the extent that checks have been issued to third parties, and (y) amounts maintained (in the ordinary course of business consistent with past practice) in accounts of any Person which is acquired by the Company or a Subsidiary in accordance with the terms hereof during the 45 days following the date of such acquisition) which are maintained with any bank other than a Bank shall not at any time exceed (x) in the case of such deposits with any single bank, $100,000 for three consecutive Business Days and (y) in the case of all such deposits, $500,000 for three consecutive Business Days;
Cash Equivalent Investments. Any investment in (a) direct obligations of the United States or any agency, authority or instrumentality thereof, or obligations guaranteed by the United States or any agency, authority or instrumentality thereof, whether or not supported by the full faith and credit of, a right to borrow from or the ability to be purchased by the United States; (b) commercial paper rated in the highest grade by a nationally recognized statistical rating agency or which, if not rated, is issued or guaranteed by any issuer with outstanding long-term debt rated A or better by any nationally recognized statistical rating agency; (c) demand and time deposits with, and certificates of deposit and bankers acceptances issued by, any office of the Banks or any other bank or trust company which is organized under the laws of the United States or any state thereof and has capital, surplus and undivided profits aggregating at least $500,000,000, the outstanding long-term debt of which or of the holding company of which it is a subsidiary is rated A or better by any nationally recognized statistical rating agency; (d) any short-term note which has a rating of MIG-2 or better by Xxxxx'x Investors Service Inc. or a comparable rating from any other nationally recognized statistical rating agency; (e) any municipal bond or other government obligation (including without limitation any industrial revenue bond or project note) which is rated A or better by any nationally recognized statistical rating agency; (f) any other obligation of any issuer, the outstanding long-term debt of which is rated A or better by any nationally recognized statistical rating agency; (g) any repurchase agreement with any financial institution described in clause (c) above, relating to any of the foregoing instruments and fully collateralized by such instruments; (h) shares of any open-end diversified investment company that has its assets invested only in investments of the types described in clauses (a) through (g) above at the time of purchase and which maintains a constant net asset value per share; and (i) shares of any open-end diversified investment company registered under the Investment Company Act of 1940, as amended, which maintains a constant net asset value per share in accordance with regulations of the Securities & Exchange Commission, has aggregate net assets of not less than $50,000,000 on the date of purchase and either derives at least ninety-five percent (95%) of its gross income from interest...
