Authorized Investment definition

Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

Authorized Investment means Pakistan origin investments transacted, issued, traded or listed inside or outside Pakistan and includes any of the following:

Authorized Investment means any security in which the Authority is authorized to invest under Chapter 2256, Texas Government Code.

Examples of Authorized Investment in a sentence

• Bank may, in its sole discretion, liquidate any Authorized Investment and credit the net proceeds to a Collateral Account.

• Chase may, in its sole discretion, liquidate any Authorized Investment and credit the net proceeds in a Collateral Account.

• Chase may, in its sole discretion, liquidate any Authorized Investment and credit the net proceeds to a Collateral Account.

• All amounts deposited and held in the Escrow Account, including all income derived from and proceeds of any Authorized Investment but after deduction of the fees and expenses according to Clause 9, shall be deemed to form part of the Escrow Amount.

• Party A and Party B acknowledge and agree that the Escrow Agent shall not be responsible for ensuring the creation, validity, perfection or enforceability of any security over the Escrow Account or any Authorized Investment.

More Definitions of Authorized Investment

Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, pursuant to Section 2.6 of this Agreement and the Investment Guidelines.

Authorized Investment means all investments transacted, issued and traded whether listed inside or outside Pakistan as permissible under the Rules or under the investment policy prescribed by the Commission.

Authorized Investment means any investments transacted, issued, traded or listed in Pakistan and abroad and as defined in clause 2.3 of this document.

Authorized Investment means any security which Texas CLASS is authorized to invest in under Chapter 2256, Texas Government Code.

Authorized Investment as used herein shall include stock (whether preferred or common), bank common trust funds (including those of the Trustee, if any), bonds, debentures, notes or other evidences of indebtedness or ownership (secured by mortgages including second mortgages or otherwise), put or call options to buy or sell securities (whether listed or unlisted on any exchange and whether covered or uncovered), any life insurance, retirement income, endowment or annuity contract in a legal reserve life insurance company authorized to do business in the state of domicile of the Trustee; and real and personal property of all kinds, including leaseholds on improved and unimproved real estate. Authorized investments shall not be limited to that class of investments which is specifically authorized as a legal investment for trust funds under the law of the state of domicile of the Trustee, but no investment shall constitute an Authorized investment if such investment is prohibited by governing local or federal law.

Authorized Investment means any legal investment of County funds. “Authorized Representative of the County” means the Treasurer, the Auditor, the

Authorized Investment has the same meaning as in Section 6.3.