Investment of Funds definition

Investment of Funds. All Subscription Payments shall be cleared and held in a U.S. Bank Money Market Account, which is FDIC insured.

Investment of Funds. All funds which the Trustee may invest under this Deed of Trust, shall be invested by it, in accounts of one of the four leading banks in Israel, provided the bank’s rating does not drop below AA, in its name or to its order, provided it invests the funds in bank deposits, treasury bills issued by the Bank of Israel and/or government bonds issued by the Bank of Israel. If the Trustee did same it will owe the holders, in respect of said amounts, only the proceeds from the disposal of the investments less its fees and expenses, less the fees and expenses related to the said investment and the management of the trust accounts and less the mandatory payments that apply to the Trust Account, and with respect to the remainder of said funds, the Trustee shall act in accordance with the provisions of Sections 12 and/or 14 above, as the case may be. 18. The Company’s undertakings to the Trustee The Company hereby undertakes to the Trustee, and the Debenture Holders so long as the Debentures (Series C) have not been repaid in full, as follows: 18.1. To continue to conduct the Company’s business in an efficient and appropriate manner. 18.2. To maintain orderly books of account in accordance with accepted accounting principles, to maintain the books and documents used as their 64 references (including deeds of pledge, mortgage, accounts, and receipts) in its offices, and to allow the Trustee and any authorized representative of the Trustee to review, no later than 5 business days from the date of request of the Trustee, to be coordinated in advance with the Company, any book and/or document, as aforesaid, which the Trustee requests to review. In this context, an authorized representative of the Trustee means a person designated by the Trustee for the purpose of such review, by means of a written notice on the part of the Trustee, to be given to the Company prior to the review as aforesaid, subject to an undertaking of confidentiality as specified in the provisions of Section 31.12

Investment of Funds. Funds held in escrow pursuant to this Contract shall be invested in accordance with Sections 7302 of the Michigan Complied Laws, as set forth in the statutes governing pre-paid funeral contracts. Partial Payment: If at the time of performance, Contract Buyer has not paid the full contract price, the specified services and merchandise will be performed or provided upon payment of an additional amount equal to the unpaid principal balance. Alternatively, the amount paid can be applied toward the purchase of other merchandise and services.

Examples of Investment of Funds in a sentence

Investment of Funds in the Accounts.........................................
Regulations 2013 (as amended from time to time), the Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 2014 (as amended from time to time) including any earlier regulations as defined in these regulations to the extent they remain applicable and the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2009 (as amended from time to time).
Council's Investment of Funds Policy sets the criteria for making authorised investments of surplus funds after assessing credit risk and diversification limits to maximise earnings and ensure the security of the Town’s funds.
The Fund is administered in accordance with the following secondary legislation:- the Local Government Pension Scheme Regulations 2013 (as amended);- the Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 2014 (as amended);- the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2009 (as amended).
Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account.........................................
Section 3.12 Investment of Funds in the Collection Account and the Distribution Account........................................
The Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016 require administering authorities to formulate and to publish a statement of its investment strategy, in accordance with guidance issued from time to time by the Secretary of State.
Each AVC contributor receives an annual statement showing the amount held in their account and the movements in the year.AVCs are not included in the accounts in accordance with Regulation 4(1)(b) of the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016 but are disclosed as a note only (Note 23).
Council's Investment of Funds Policy sets the criteria for making authorised investments of surplus funds after assessing credit risk and diversification limits to maximise earnings and ensure the security of the Shire’s funds.
The Fund is administered in accordance with the following secondary legislation: • The Local Government Pension Scheme Regulations 2013 (as amended)• The Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 2014 (as amended)• The Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016.

More Definitions of Investment of Funds

Investment of Funds. All deposits received from Subscribers in connection with the Offering, which must be paid by check or wire only (the “Subscription Payments”) shall be cleared and held in a separate U.S. Bank FDIC — Insured Money Market Account. The Escrow Agent may invest the subscription payments only in such accounts or investments as the Company may specify by written notice. The Company may only specify investment in (i) bank accounts, (ii) bank money-market accounts, (iii) short time certificates of deposit issued by a bank or (iv) short term securities issued or guaranteed by the U.S. Government.

Investment of Funds in the Servicing Accounts, Reserve Accounts, Collection Accounts, Interest Reserve Account, Distribution Account, SLC Custodial Accounts, Gain-on-Sale Reserve Account, Additional Interest Account, and REO Accounts. (a) Each Master Servicer may direct in writing any depository institution maintaining a Servicing Account, a Reserve Account, a Collection Account or an SLC Custodial Account on its behalf (each, for purposes of this Section 3.06, an "Investment Account"), the Special Servicer may direct in writing any depository institution maintaining an REO Account (also, for purposes of this Section 3.06, an "Investment Account"), and the Trustee may direct in writing any depository institution maintaining the Distribution Account, the Interest Reserve Account, the Gain-on-Sale Reserve Account or the Additional Interest Account (also, for purposes of this Section 3.06, an "Investment Account") to invest, or if it is such depository institution, may itself invest, the funds held therein only in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, no later than the Business Day immediately preceding the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement. Funds held in the Distribution Account, the Additional Interest Account and the Gain-on-Sale Reserve Account may remain uninvested. All Permitted Investments of funds in an Investment Account shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trustee (in its capacity as such). The Master Servicers on behalf of the Trustee for the benefit of Certificateholders (with respect to Permitted Investments of amounts in the Servicing Accounts, the Reserve Accounts or the Collection Accounts) or the benefit of the Certificateholders and the related Serviced Non-Trust Mortgage Loan Noteholder(s) (with respect to Permitted Investments of amounts in an SLC Custodial Account), the Special Servicer on behalf of the Trustee for the benefit of Certificateholders (with respect to Permitted Investments of amounts in the Pool REO Account) or the benefit of the Certificateholders and the related Serviced Non-Trust Mortgage Loan Noteholder(s) (with respect to Permitted Investments of amounts in an SLC REO Account) and the Trustee for the benefit of the Certificateholders (with respect to Permitted Investments of amounts in the...

Investment of Funds in the Class C Reserve Account. Funds on deposit in the Class C Reserve Account shall be invested, by the Trustee (or, at the direction of the Trustee, by the Servicer on behalf of the Trustee) at the direction of the Servicer, in Cash Equivalents that will mature so that such funds will be available for withdrawal on or prior to the following Business Day. The interest and other investment income (net of investment expenses and losses) earned on such investments will be retained in the Class C Reserve Account (to the extent that the amount on deposit in the Class C Reserve Account is less than the Specified Class C Reserve Amount)or applied on each Business Day as Available Series 1998-3 Finance Charge Collections.

Investment of Funds. All Subscription Payments shall be deposited in a X.X.Xxxx Money Market account and shall upon clearance earn per diem interest at a rate provided by U.S. Bank for such account.

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