Eligible Investment. Any investment that at the time of its acquisition is one or more of the following: (a) United States government and agency obligations; (b) commercial paper having a rating assigned to such commercial paper by Standard & Poor's Rating Services or Moody's Investor Service, Inc. (or, if neither such organization shall rate such commercial paper at such time, by any nationally recognized rating organization in the United States of America) equal to one of the two highest ratings assigned by such... organization, it being understood that as of the date hereof such ratings by Standard & Poor's Rating Services are "A1+" and "A1" and such ratings by Moody's Investor Service, Inc. are "P1" and "P2"; (c) interest bearing deposits in United States dollars in United States or Canadian banks with an unrestricted surplus of at least U.S. $250,000,000, maturing within one year; and (d) money market funds (including funds of the bank serving as Custodian or its affiliates) or United States government securities funds designed to maintain a fixed share price and high liquidity.View More
Eligible Investment. Any investment that at the time of its acquisition is one or more of the following: (a) United (a)United States government and agency obligations; (b) commercial (b)commercial paper having a rating assigned to such commercial paper by Standard & Poor's Rating Services or Moody's Investor Service, Inc. (or, if neither such organization shall rate such commercial paper at such time, by any nationally recognized rating organization in the United States of America) equal to one of the two highest... ratings assigned by such organization, it being understood that as of the date hereof such ratings by Standard & Poor's Rating Services are "A1+" 'A1+' and "A1" 'A1' and such ratings by Moody's Investor Service, Inc. are "P1" 'P1' and "P2"; (c) interest 'P2'; (c)interest bearing deposits in United States dollars in United States or Canadian banks with an unrestricted surplus of at least U.S. $250,000,000, maturing within one year; and (d) money (d)money market funds (including funds of the bank serving as Custodian or its affiliates) or United States government securities funds designed to maintain a fixed share price and high liquidity. liquidity; and (e)any other investments that the Custodian and the Company may agree in writing from time to time shall constitute Eligible Investments. View More
Eligible Investment. Any investment that at the time of its acquisition is one or more of the following: (a) United States government and agency obligations; (b) commercial paper having a rating assigned to such commercial paper by Standard & Poor's Rating Services or Moody's Investor Service, Inc. (or, if neither such organization shall rate such commercial paper at such time, by any nationally recognized rating organization in the United States of America) equal to one of the two highest ratings assigned by such... organization, it being understood that as of the date hereof such ratings by Standard & Poor's Rating Services are "A1+" 'A1+' and "A1" 'A1' and such ratings by Moody's Investor Service, Inc. are "P1" 'P1' and "P2"; 'P2'; (c) interest bearing deposits in United States dollars in United States or Canadian banks with an unrestricted surplus of at least U.S. $250,000,000, maturing within one year; and (d) money market funds (including funds of the bank serving as Custodian or its affiliates) or United States government securities funds designed to maintain a fixed share price and high liquidity. View More
