Higher Yielding Investments definition

Higher Yielding Investments means any Investment Property that produces a Yield that (a) in the case of Investment Property allocable to Replacement Proceeds of an issue and Investment Property in a Refunding Escrow, is more than one thousandth of one percentage point (.00001) higher than the Yield on the applicable issue, and (b) for all other purposes is more than one-eighth of one percentage point (.00125) higher than the Yield on the issue.
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Higher Yielding Investments means any Investment Property that produces a Yield that (a) in the case of Investment Property allocable to Replacement Proceeds of an issue and Investment Property in a Refunding Escrow, is more than one thousandth of one percentage point (.00001) higher than the Yield on the applicable issue, and (b) for all other purposes is more than one eighth of one percentage point (.00125) higher than the Yield on the issue.
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Higher Yielding Investments means any Investment Property that produces a Yield that
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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.


More Definitions of Higher Yielding Investments

Higher Yielding Investments means any Investment Property which produces a Yield over the term of the Bonds which is materially higher than the Yield on the Bonds.
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Higher Yielding Investments means any Investment Property which produces a Yield over the term of the issue which is materially higher than the Yield on the issue. For purposes hereof, "materially higher" shall have the meaning ascribed to such phrase in Section 1.148-2(d)(2) of the which states that the Yield on any investment is "materially higher" when it exceeds the Yield on the Bonds by more than one-eighth of one percentage point (1/8 of 1%).
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Higher Yielding Investments yield", and "debt service" have the meanings assigned to them for purposes of Section 148 of the Code.
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Related to Higher Yielding Investments

  • Qualifying investment means a capital investment in real property including the purchase price of land and existing buildings and structures, site preparation, improvements to the real property, building construction, and long-term lease costs. “Qualifying investment” also means a capital investment in depreciable assets.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Fixed Investor Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is the greater of (a) the aggregate amount of Principal Receivables in the Trust determined as of the close of business on the last day of the prior Monthly Period and (b) the sum of the numerators used to calculate the Investor Percentages (as such term is defined in the Agreement) for allocations with respect to Principal Receivables for all outstanding Series on such date of determination; provided, however, that with respect to any Monthly Period in which an Addition Date occurs or in which a Removal Date occurs on which, if any Series has been paid in full, Principal Receivables in an aggregate amount approximately equal to the initial investor interest of such Series are removed from the Trust, the denominator determined pursuant to clause (a) hereof shall be (i) the aggregate amount of Principal Receivables in the Trust as of the close of business on the last day of the prior Monthly Period for the period from and including the first day of such Monthly Period to but excluding the related Addition Date or Removal Date and (ii) the aggregate amount of Principal Receivables in the Trust as of the beginning of the day on the related Addition Date or Removal Date after adjusting for the aggregate amount of Principal Receivables added to or removed from the Trust on the related Addition Date or Removal Date, for the period from and including the related Addition Date or Removal Date to and including the last day of such Monthly Period.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.