Examples of Higher Yielding Investments in a sentence
Any Investment Proceeds will be used to pay costs of the Project and may be invested in Higher Yielding Investments during the Temporary Period identified in 3.10(B)(1) or, if longer, one year from the date of receipt, such period being the Temporary Period for such Proceeds.
Amounts in the portion of the Reserve Fund allocable to the Issue may be invested in Higher Yielding Investments with respect to the Issue to the extent that such amounts do not exceed the least of (i) 10% of the principal amount of the Issue; (ii) maximum annual Debt Service; and (iii) 125% of average annual Debt Service.
Any amounts in the portion of the Reserve Fund allocable to the Issue in excess of the least of these amounts will not be invested in Higher Yielding Investments with respect to the Issue.
Any Sale Proceeds that remain unspent on the third anniversary of the Issuance Date, which is the expiration date of the Temporary Period for such Proceeds, shall not be invested in Higher Yielding Investments with respect to the Issue after that date except as part of the Minor Portion.
Such Minor Portion may be invested in Higher Yielding Investments with respect to the Issue.
Gross Proceeds will not be invested in Higher Yielding Investments except for (A) the Minor Portion to the extent provided in 3.80, (B) those Gross Proceeds identified in 3.10, 3.20, and 3.30, but only during the applicable Temporary Periods there described for those Gross Proceeds, and (C) Gross Proceeds held in the Reserve Fund (if any) to the extent set forth in 3.40(a).
Do not invest Gross Proceeds in Higher Yielding Investments following the end of the applicable Temporary Period identified in Section 2 above unless Yield reduction payments may be made (see tax certificate).
Capitalized terms not defined in this checklist have the meanings given in the tax certificate.1. Note the Yield of the Bonds, as shown on the IRS Form 8038-G.2. Review the tax certificate to determine the Temporary Periods for the Bonds, during which periods various categories of Gross Proceeds may be invested in Higher Yielding Investments.
Any Investment Proceeds will be used to pay costs of the Project, and such Investment Proceeds may be invested in Higher Yielding Investments during the Temporary Period identified in 4.8(C) or, if longer, one year from the date of receipt, such period being the Temporary Period for such Proceeds.
Gross Proceeds will not be invested in Higher Yielding Investments except for (A) the Minor Portion, and (B) those Gross Proceeds identified in Sections 4.8, 4.9 and 4.10, but only during the applicable Temporary Periods there described for those Gross Proceeds.