INVESTMENT OF CASH RESERVES Sample Clauses

INVESTMENT OF CASH RESERVES. The Sponsor shall allocate and reallocate Systematic Momentum FuturesAccess’ capital among different FuturesAccess Funds, attempting to adapt Systematic Momentum FuturesAccess’ overall portfolio to changing market conditions while also achieving diversification in the trading strategies implemented for Systematic Momentum FuturesAccess. The FuturesAccess Funds among which Systematic Momentum FuturesAccess allocates its capital may execute transactions in commodity interests, currency interests, swap agreements and any other manner of instruments, on either a principal or an agency basis, with or through affiliates of the Sponsor (the Sponsor and its affiliates, including Bank of America Corporation, collectively “BAC”) or third parties. The sole clearing broker and the principal forward trading counterparty for the FuturesAccess Funds among which the Sponsor allocates and reallocates Systematic Momentum FuturesAccess’ capital shall be BAC unless the Sponsor otherwise determines and such change is not materially adverse to the interests of the Investors. The FuturesAccess Funds among which the Sponsor allocates and reallocates Systematic Momentum FuturesAccess’ capital shall deposit all or substantially all of their capital with BAC or any other clearing brokers selected by the Sponsor pursuant to the arrangements described in the disclosure document for Systematic Momentum FuturesAccess, including any and all parts or sections thereof and exhibits or supplements thereto (the “Disclosure Document”), all Investors acknowledging that BAC will not only receive futures brokerage commissions and bid-ask spreads from the FuturesAccess Funds but also will retain significant economic benefits from the possession of the FuturesAccess Funds’ assets (including assets representing Systematic Momentum FuturesAccess’ investment in such FuturesAccess Fund) in addition to the interest which BAC will credit to Systematic Momentum FuturesAccess’ account. In addition, the Sponsor may maintain Systematic Momentum FuturesAccess’ reserve assets (as well as those of the FuturesAccess Funds) in Systematic Momentum FuturesAccess LLC
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INVESTMENT OF CASH RESERVES. The Sponsor shall invest all or substantially all of this FuturesAccess Fund’s capital in the Master Fund and appoint the Trading Advisor to have discretionary authority to trade and invest the capital of the Master Fund as described in the Disclosure Document; provided that the Sponsor may retain the Trading Advisor directly at this FuturesAccess Fund level, rather than at the Master Fund level. The Master Fund may execute transactions in commodity interests, currency interests, swap agreements and any other manner of instruments, on either a principal or an agency basis, with or through affiliates of the Sponsor (the Sponsor and its affiliates, including Bank of America Corporation, collectively “BAC”) or third parties. The sole clearing broker and the principal forward trading counterparty for the Master Fund and, if applicable, this FuturesAccess Fund, shall be BAC unless the Sponsor otherwise determines. The Master Fund shall deposit, and this FuturesAccess Fund may, if applicable, deposit all or substantially all of its capital with BAC or any other clearing brokers selected by the Sponsor pursuant to the arrangements described in the Disclosure Document, all Investors acknowledging that BAC will not only receive futures brokerage commissions and bid-ask spreads from the Master Fund but also will retain significant economic benefits from the possession of the Master Fund’s assets (including assets representing this FuturesAccess Fund’s investment in the Master Fund) in addition to the interest which BAC will credit to this FuturesAccess Fund’s and/or Master Fund’s account. In addition, the Sponsor may maintain Ortus Currency FuturesAccess LLC
Sample 1
INVESTMENT OF CASH RESERVES. The Manager shall allocate and reallocate the Fund’s capital among different Underlying Funds, attempting to adapt the Fund’s overall portfolio to changing market conditions, and shall manage and invest Fund cash reserves as the Manager deems appropriate from time to time.
Sample 1Sample 2
INVESTMENT OF CASH RESERVES. The Sponsor shall invest all or substantially all of this FuturesAccess Fund’s capital in the Master Fund and appoint the Trading Advisor to have discretionary authority to trade and invest the capital of the Master Fund as described in the Disclosure Document; provided that the Sponsor may retain the Trading Advisor directly at this FuturesAccess Fund level, rather than at the Master Fund level. The Master Fund may execute transactions in commodity interests, currency interests, swap agreements and any other manner of instruments, on either a principal or an agency basis, with or through affiliates of the Sponsor (the Sponsor and such affiliates being hereafter referred to as “Mxxxxxx Lxxxx”) or third parties. The sole clearing broker and the principal forward trading counterparty for the Master Fund and, if applicable, this FuturesAccess Fund, shall be Mxxxxxx Lxxxx unless the Sponsor otherwise determines. The Master Fund shall deposit, and this FuturesAccess Fund may, if applicable, deposit all or substantially all of its capital with Mxxxxxx Lxxxx or any other clearing brokers selected by the Sponsor pursuant to the arrangements described in the Disclosure Document, all Investors acknowledging that Mxxxxxx Lxxxx will not only receive futures brokerage commissions and bid-ask spreads from the Master Fund but also will retain significant economic benefits from the possession of the Highbridge Commodities FuturesAccess LLC
Sample 1

Related to INVESTMENT OF CASH RESERVES

  • Investment of Cash In connection with this Agreement, Customer may issue standing Instructions to invest Cash in one or more sweep investment vehicles. Such investment vehicles may be offered by a BNY Mellon Affiliate or by a client of BNY Mellon, and BNY Mellon may receive compensation therefrom. By making investment vehicles available, BNY Mellon and its Affiliates will not be deemed to have recommended, endorsed or guaranteed any such investment vehicle in any way or otherwise to have acted as a fiduciary or agent for, or on behalf of, Customer, its investment manager or any Account. BNY Mellon will have no liability for any loss incurred on any such investments. Customer understands that Cash may be uninvested if it is received or reconciled to an Account after the applicable deadline to be swept into Customer’s selected investment vehicle.

  • Investment of Cash Collateral Pursuant to the SLA, the Client shall have the right to invest Cash Collateral received in respect of any loan, subject to an obligation, upon the termination of the loan, to return to the Approved Borrower the amount of cash initially pledged (as adjusted for any interim marks-to-market).

  • Price Summit Cash Reserves Fund T Xxxx Price Summit Limited-Term Bond Fund T. Xxxx Price Summit GNMA Fund T. XXXX PRICE SUMMIT MUNICIPAL FUNDS, INC. on behalf of the: T. Xxxx Price Summit Municipal Money Market Fund T. Xxxx Price Summit Municipal Intermediate Fund T. Xxxx Price Summit Municipal Income Fund T. XXXX PRICE VALUE FUND, INC. PAGE 21 AMENDMENT NO. 1 AGREEMENT between T. XXXX PRICE ASSOCIATES, INC. and THE T. XXXX PRICE FUNDS for FUND ACCOUNTING SERVICES The Agreement for Fund Accounting Services of January 1, 1997, between T. Xxxx Price Associates, Inc. and each of the Parties listed on Appendix A thereto is hereby amended, as of February 4, 1997, by adding thereto Reserve Investment Funds, Inc., on behalf of Government Reserve Investment Fund and Reserve Investment Fund. RESERVE INVESTMENT FUNDS, INC. Government Reserve Investment Fund Reserve Investment Fund T. XXXX PRICE BALANCED FUND, INC. T. XXXX PRICE BLUE CHIP GROWTH FUND, INC. T. XXXX PRICE CALIFORNIA TAX-FREE INCOME TRUST California Tax-Free Bond Fund California Tax-Free Money Fund T. XXXX PRICE CAPITAL APPRECIATION FUND T. XXXX PRICE CAPITAL OPPORTUNITY FUND, INC. T. XXXX PRICE CORPORATE INCOME FUND, INC. T. XXXX PRICE DIVIDEND GROWTH FUND, INC. T. XXXX PRICE EQUITY INCOME FUND T. XXXX PRICE EQUITY SERIES, INC. T. Xxxx Price Equity Income Portfolio T. Xxxx Price New America Growth Portfolio T. Xxxx Price Personal Strategy Balanced Portfolio T. Xxxx Price Mid-Cap Growth Portfolio T. XXXX PRICE FINANCIAL SERVICES FUND, INC. T. XXXX PRICE FIXED INCOME SERIES, INC. T. Xxxx Price Limited-Term Bond Portfolio T. Xxxx Price Prime Reserve Portfolio PAGE 22 T. XXXX PRICE GNMA FUND T. XXXX PRICE GROWTH & INCOME FUND, INC. T. XXXX PRICE GROWTH STOCK FUND, INC. T. XXXX PRICE HEALTH SCIENCES FUND, INC. T. XXXX PRICE HIGH YIELD FUND, INC. T. XXXX PRICE INDEX TRUST, INC. T. Xxxx Price Equity Index Fund INSTITUTIONAL EQUITY FUNDS, INC. Mid-Cap Equity Growth Fund INSTITUTIONAL INTERNATIONAL FUNDS, INC. Foreign Equity Fund T. XXXX PRICE INTERNATIONAL FUNDS, INC. T. Xxxx Price International Bond Fund T. Xxxx Price International Discovery Fund T. Xxxx Price International Stock Fund T. Xxxx Price European Stock Fund T. Xxxx Price New Asia Fund T. Xxxx Price Global Government Bond Fund T. Xxxx Price Japan Fund T. Xxxx Price Latin America Fund T. Xxxx Price Emerging Markets Bond Fund T. Xxxx Price Emerging Markets Stock Fund T. Xxxx Price Global Stock Fund T. XXXX PRICE INTERNATIONAL SERIES, INC. T. Xxxx Price International Stock Portfolio T. XXXX PRICE MID-CAP GROWTH FUND, INC. T. XXXX PRICE MID-CAP VALUE FUND, INC. T. XXXX PRICE NEW AMERICA GROWTH FUND T. XXXX PRICE NEW ERA FUND, INC. T. XXXX PRICE NEW HORIZONS FUNDS, INC. T. XXXX PRICE NEW INCOME FUND, INC. T. XXXX PRICE OTC FUND, INC., now known as T. XXXX PRICE SMALL-CAP STOCK FUND, INC. T. Xxxx Price OTC Fund, now known as T. Xxxx Price Small-Cap Stock Fund PAGE 23 T. XXXX PRICE PERSONAL STRATEGY FUNDS, INC. T. Xxxx Price Personal Strategy Balanced Fund T. Xxxx Price Personal Strategy Growth Fund T. Xxxx Price Personal Strategy Income Fund T. XXXX PRICE PRIME RESERVE FUND, INC. T. XXXX PRICE SCIENCE & TECHNOLOGY FUND, INC. T. XXXX PRICE SHORT-TERM BOND FUND, INC. T. XXXX PRICE SHORT-TERM U.S. GOVERNMENT FUND, INC. T. XXXX PRICE SMALL-CAP VALUE FUND, INC. T. XXXX PRICE SPECTRUM FUND, INC. Spectrum Growth Fund Spectrum Income Fund Spectrum International Fund

  • Establishment of Reserve Account Pledgor and Secured Party hereby authorize and direct Securities Intermediary to establish and maintain in its corporate trust department, a segregated trust account that is an Eligible Deposit Account and that is a “securities account” as that term is defined in Section 8-501(a) of the UCC in the name of Secured Party and under the sole dominion and control of Secured Party, designated as “Toyota Auto Receivables 20[__]-[_] Owner Trust Reserve Account.” Securities Intermediary hereby undertakes to treat Secured Party as the person entitled to exercise the rights that comprise any Financial Asset credited to the Reserve Account. Secured Party and Pledgor agree that this account shall be the Reserve Account.

  • Disbursements from Replacement Reserve Account (a) Lender shall make disbursements from the Replacement Reserve Account to pay Borrower only for the costs of the Replacements. Lender shall not be obligated to make disbursements from the Replacement Reserve Account to reimburse Borrower for the costs of routine maintenance to the Property or for costs which are to be reimbursed from the Required Repair Fund (if any).

  • Repayment of Cash To repay the cash delivered to the Fund for the purpose of collateralizing the obligation to return to the Fund certificates borrowed from the Fund representing Portfolio Securities, but only upon redelivery to the Bank of such borrowed certificates.

  • Investment of Balance in Collateral Account Amounts on deposit in the Collateral Account shall be invested from time to time in such Permitted Investments as the respective Pledgor through the Company (or, after the occurrence and during the continuance of a Default, the Agent) shall determine, which Permitted Investments shall be held in the name and be under the control of the Agent, PROVIDED that (i) at any time after the occurrence and during the continuance of an Event of Default, the Agent may (and, if instructed by the Banks as specified in Section 11.03 of the Second Amended and Restated Credit Agreement, shall) in its (or their) discretion at any time and from time to time elect to liquidate any such Permitted Investments and to apply or cause to be applied the proceeds thereof to the payment of the Secured Obligations in the manner specified in Section 5.09 hereof and (ii) if requested by the respective Pledgor through the Company, such Permitted Investments may be held in the name and under the control of one or more of the Banks (and in that connection each Bank, pursuant to Section 11.10 of the Second Amended and Restated Credit Agreement) has agreed that such Permitted Investments shall be held by such Bank as a collateral sub-agent for the Agent hereunder).

  • Stock Reserve The Company shall at all times during the term of this Option Agreement reserve and keep available such number of shares of Stock as will be sufficient to satisfy the requirements of this Option Agreement.

  • Excess Reserve Fund Account; Distribution Account (a) The Securities Administrator shall establish and maintain the Excess Reserve Fund Account, on behalf of the Class X Certificateholders, to receive that portion of the distributions on the Class X Interest up to an amount equal to any Basis Risk Payments and to pay to the LIBOR Certificateholders any Basis Risk Carry Forward Amounts (prior to using any Net Swap Receipts). For the avoidance of doubt, any Basis Risk Carry Forward Amounts shall be paid to the LIBOR Certificates first from the Excess Reserve Fund Account and then from the Supplemental Interest Trust. On each Distribution Date on which there exists a Basis Risk Carry Forward Amount on any Class of LIBOR Certificates, the Securities Administrator shall (1) withdraw from the Distribution Account and deposit in the Excess Reserve Fund Account, as set forth in Section 4.02(a)(iii)(L), the lesser of the Class X Distributable Amount (to the extent remaining after the distributions specified in Sections 4.02(a)(iii)(A)-(K) and without regard to the reduction in clause (iii) of the definition thereof for any Basis Risk Carry Forward Amounts or any Defaulted Swap Termination Payment) and the aggregate Basis Risk Carry Forward Amount and (2) withdraw from the Excess Reserve Fund Account amounts necessary to pay to such Class or Classes of LIBOR Certificates the applicable Basis Risk Carry Forward Amounts. Such payments, along with payments from the Supplemental Interest Trust, shall be allocated to those Classes based upon the amount of Basis Risk Carry Forward Amount owed to each such Class and shall be paid in the priority set forth in Section 4.02(a)(iii)(M). In the event that the Class Certificate Balance of any Class of Certificates is reduced because of Applied Realized Loss Amounts, the applicable Certificateholders will not be entitled to receive Basis Risk Carry Forward Amounts on the written down amounts on such Distribution Date or any future Distribution Dates (except to the extent such Class Certificate Balance is increased as a result of any Subsequent Recoveries), even if funds are otherwise available for distribution. The Securities Administrator shall account for the Excess Reserve Fund Account as an asset of a grantor trust under subpart E, Part I of subchapter J of the Code and not as an asset of any Trust REMIC created pursuant to this Agreement. The beneficial owners of the Excess Reserve Fund Account are the Class X Certificateholders. Any Basis Risk Carry Forward Amounts distributed by the Securities Administrator to the LIBOR Certificateholders from the Excess Reserve Fund Account shall be accounted for by the Securities Administrator, for federal income tax purposes, as amounts paid first to the Holders of the Class X Certificates (in respect of the Class X Interest) and then to the respective Class or Classes of LIBOR Certificates. In addition, the Securities Administrator shall account for the rights of Holders of each Class of LIBOR Certificates to receive payments of Basis Risk Carry Forward Amounts from the Excess Reserve Fund Account (along with payments of Basis Risk Carry Forward Amounts and without duplication, Upper-Tier Carry Forward Amounts from the Supplemental Interest Trust) as rights in a separate limited recourse interest rate cap contract written by the Class X Certificateholders in favor of Holders of each such Class. Notwithstanding any provision contained in this Agreement, the Securities Administrator shall not be required to make any payments from the Excess Reserve Fund Account except as expressly set forth in this Section 3.27(a).

  • Investment Account The Manager shall maintain an investment account or accounts in the Manager’s name (the “Account”) on behalf of the Principal, any other participating insurer affiliated with the Principal and/or the Ultimate Parent Company, an insurance subsidiary or affiliate of the Principal and/or the Ultimate Parent Company or a pension plan or profit-sharing plan of the Principal, its insurance subsidiaries or affiliates, (collectively, the “Participants”), and shall hold therein all debt obligations, accounts or deposits permitted by the New Hampshire Insurance Code as more fully described on Exhibit A, as may be amended from time to time, and attached hereto and incorporated herein (collectively, “Investments”), deposited in or purchased or otherwise acquired for and on behalf of the Principal and the Participants from time to time pursuant to the terms and conditions of this Agreement. All Investments in the Account shall be Short-Term Obligations.

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