Cash Equivalents

Cash Equivalents. Means any of the following: (a) marketable securities of any issuer (including, without limitation, any corporation or governmental authority) and, if applicable, of any duration; (b) common units issued by Borrower; and (c) any other item determined by Borrower's auditors to constitute cash or cash equivalents.

Cash Equivalents. Shall mean (a) securities with maturities of 90 days or less from the date of acquisition issued or fully guaranteed or insured by the United States Government or any agency thereof, (b) certificates of deposit and eurodollar time deposits with maturities of 90 days or less from the date of acquisition and overnight bank deposits of any commercial bank having capital and surplus in excess of $500,000,000, (c) repurchase obligations of any commercial bank satisfying the requirements of clause... (b) of this definition, having a term of not more than seven days with respect to securities issued or fully guaranteed or insured by the United States Government, (d) commercial paper of a domestic issuer rated at least A-1 or the equivalent thereof by Standard and Poor's Ratings Group ("S&P") or P-1 or the equivalent thereof by Moody's Investors Service, Inc. ("Moody's") and in either case maturing within 90 days after the day of acquisition, (e) securities with maturities of 90 days or less from the date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United States, by any political subdivision or taxing authority of any such state, commonwealth or territory or by any foreign government, the securities of which state, commonwealth, territory, political subdivision, taxing authority or foreign government (as the case may be) are rated at least A by S&P or A by Moody's, (f) securities with maturities of 90 days or less from the date of acquisition backed by standby letters of credit issued by any commercial bank satisfying the requirements of clause (b) of this definition or (g) shares of money market mutual or similar funds which invest exclusively in assets satisfying the requirements of clauses (a) through (f) of this definition. View More

Cash Equivalents. Has the meaning specified therefor in the Financing Agreement.

Cash Equivalents. Means marketable securities and short-term investments in accordance with the Investment Policy of the Borrower's Board of Directors, a copy of which is attached hereto as Exhibit 3, and any amendments to said Investment Policy which are consented to in writing by Silicon in its good faith business judgment.

Cash Equivalents. Any of the following: (a) cash; (b) marketable securities of any issuer (including, without limitation, any corporation or governmental authority) and, if applicable, of any duration; (c) common and subordinated units issued by Borrower and beneficially owned by the Guarantor; and (d) any other item determined in accordance with GAAP to constitute cash or cash equivalents.

Cash Equivalents. Cash Equivalents" shall mean investments of the type described in Sections 9.05(c), (d), (e) or (f).

Cash Equivalents. Shall mean, at any time, (A) any evidence of Indebtedness with a maturity date of three hundred sixty-five (365) days or less issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality thereof; provided, that, the full faith and credit of the United States of America is pledged, directly or indirectly, in support thereof; (B) certificates of deposit or bankers' acceptances with a maturity of three hundred sixty-five (365) days or... less of any financial institution that is a member of the Federal Reserve System having combined capital and surplus and undivided profits of not less than $250,000,000; (C) commercial paper (including variable rate demand notes), corporate bonds, notes and medium term notes with a maturity of three hundred sixty-five (365) days or less issued by a corporation (except an Affiliate of Borrower) organized under the laws of any State of the United States of America or the District of Columbia and rated at least A-1 by Standard & Poor's Ratings Service, a division of The McGraw-Hill Companies, Inc. or at least P-1 by Moody's Investors Service, Inc.; (D) repurchase obligations with a term of not more than thirty (30) days for underlying securities of the types described in clause (A) above entered into with any financial institution having combined capital and surplus and undivided profits of not less than $250,000,000; (E) repurchase agreements and reverse repurchase agreements relating to marketable direct obligations issued or unconditionally guaranteed by the United States of America or issued by any governmental agency thereof and backed, directly or indirectly, by the full faith and credit of the United States of America, in each case maturing within three hundred sixty-five (365) days or less from the date of acquisition; provided, that, the terms of such agreements comply with the guidelines set forth in the Federal Financial Agreements of Depository Institutions with Securities Dealers and Others, a s adopted by the Comptroller of the Currency on October 31, 1985; and (F) investments in money market funds and mutual funds which invest substantially all of their assets in securities of the types described in clauses (A) through (E) above. View More

Cash Equivalents. Means (a) the following types of property, all with an original maximum maturity of 60 days: (i) interest bearing savings deposits, certificates of deposit and banker's acceptances of banks having a short-term rating in one of the two highest ratings categories by any nationally recognized credit rating agency; (ii) commercial paper having a short-term rating in one of the two highest ratings categories by any nationally recognized credit rating agency, other than commercial paper issued by any... bank holding company; and (iii) United States Treasury bills; and (b) amounts on deposit in demand deposit accounts with nationally recognized banking institutions having a short-term rating in one of the two highest ratings categories by any nationally recognized credit rating agency. View More

Cash Equivalents. Shall mean cash and all investments permitted by the Loan Parties described in items (i) through (v) in the definition of Permitted Investments.

Cash Equivalents. Shall mean, as of any date of determination, marketable securities with maturities of ninety (90) days or less from the date of acquisition issued or directly and unconditionally guaranteed as to interest and principal by the United States Government; provided that, solely for the purpose of satisfying the Liquidity requirement, Cash Equivalents shall include fifty percent (50%) of the excess of (a) the fair market value (as determined by Buyer in its sole discretion) of CMBS securities owned... by Guarantor, over (b) the aggregate amount of Indebtedness (including, without limitation, repurchase obligations) secured by such CMBS securities owned by Guarantor (but the aggregate amount of Cash Equivalents included pursuant to this proviso shall not exceed $5,000,000). View More