Automatic Investment Clause Samples

The Automatic Investment clause establishes a mechanism by which funds are automatically invested according to predetermined criteria or schedules, without requiring manual intervention for each transaction. Typically, this clause applies to recurring investments in financial products such as mutual funds, retirement accounts, or company shares, where a set amount is regularly transferred and invested on behalf of the participant. Its core practical function is to streamline the investment process, ensuring consistency and discipline in investing while reducing administrative burden and the risk of missed investment opportunities.
Automatic Investment. 7.1. The possibility to use the Automatic Investment Function in the Platform may be granted to Funders and using this function take part in Auctions and make Proposals automatically. 7.2. The Funders seeking to use the Automatic Investment Function confirm that they agree to the General Provisions of the Automatic Investment Agreement (hereinafter—Agreement of the Automatic Investment) and signs them on their account in the Platform. 7.3. By using the Automatic Investment Function, in the Platform, Funders are able to set in advance criteria (e.g. the term of a loan, amount of interest, LTV, class of risk, type of the loan, type of the assurance means, etc.) they want to apply to the Offers made to respective Applications and set the Parameters of such Offers (e.g., the invested amount in one project, the total investment amount, etc.). After publishing the Application meeting the Criteria in the Platform, the Funder takes part in the Auction pursuant to the set Parameters and makes the Offer for such Application automatically. 7.4. The Offers submitted by the Funders who use the Automatic Investment Function shall be deemed equal to the Offers submitted in accordance with Clauses 6.1 – 6.10 hereto and identical rights and obligations are valid in their regard. Upon making Offers and using this functionality, the funds automatically booked and/or automatically transferred (charged) from the Loan Provider’s Paysera account are for financing a respective Application. 7.5. To no extent, the Operator makes decisions to take part in Auctions or submit Offers on behalf of the User. The use of User‘s Automatic Investment Function is equal to taking part in Auctions, submitting Offers, and conclusion of Loan Agreements without using this function. 7.6. Offers made by using the Automatic Investment Function are irreversible and cannot be changed. Using the Automatic Investment Function, the submitted Offer is valid until the end of the Auction. 7.7. Other provisions of the use of the Automatic Investment Function are determined in the Agreement of Automatic Investment.
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Automatic Investment. 4.1. The Operator may provide the Financiers with access to the Automatic Investment Functionality on the Platform. Using the Automatic Investment Functionality, the Financiers may automatically submit proposals for the Applications published on the Platform and thus enter into Loan Agreements. 4.2. The Lender's proposal submitted using the Automatic Investment Functionality shall be equivalent to the proposal submitted by itself and on its own initiative without using this functionality and is considered to be completely sufficient for expressing the will and intent to enter into a Loan Agreement. 4.3. The Operator shall not take and has not taken, to any extent, any decision on the submission of proposals for specific Applications on behalf of the Financier. The use of the Financier's Automatic Investment Functionality shall be equivalent to participation in the submission of proposals and entering into Loan Agreements without using this functionality (i.e. as if the Financier would, through its own actions, be separately submitting an individual proposal for the Application of its choice, which has been published on the Platform).
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Automatic Investment. 6.1. The Financiers having entered into an Automatic Investment Functionality Agreement on the Platform (the “Automatic Investment Agreement”) shall be entitled to use the Automatic Investment Functionality offered on the Platform. 6.2. While using the Automatic Investment Functionality, the Financier shall be allowed to pre-select and determine the operating conditions of the Automatic Investment Functionality and the Project criteria, according to which the Financier seeks to automatically submit proposals for financing the Projects published on the Platform. 6.3. The Financiers' proposals submitted using the Automatic Investment Functionality shall be irrevocable and not subject to modification. The Financier's proposal to finance the Project, submitted using the Automatic Investment Functionality, shall be valid until the expiry of the Loan amount financing period. When submitting proposals for financing of the Project Applications using the Automatic Investment Functionality, the funds intended for financing of the respective Project Application shall be reserved in and/or debited from the Lender's Payment Account automatically. 6.4. The Financiers using the Automatic Investment Functionality shall acquire a pre-emptive right to invest in the Projects, as their proposals can be formed and submitted automatically immediately upon the publication of the Project Application on the Platform. While using the Automatic Investment Functionality, the Financier shall be submitting such proposals automatically in the event that a Project Application meeting the criteria and conditions determined by the Financier is published on the Platform. 6.5. The order of the proposals for the Applications, submitted using the Automatic Investment Functionality, shall be determined based on the date of confirmation of the Criteria determined by the Financiers. 6.6. The Operator shall not to any extent take any decisions to participate in the submission of proposals for the Applications on behalf of the Financier. The use of the Financier's Automatic Investment Functionality shall be equivalent to participation in the submission of proposals and conclusion of Loan Agreements without using this functionality (i.e. as if the Financier would, through its own actions, be separately submitting an individual proposal for the Application of its choice, which has been published on the Platform). 6.7. Other conditions for the use of the Automatic Investment Functionality are detailed...
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Automatic Investment. You may make contributions to your ▇▇▇▇ ▇▇▇ through an automatic monthly investment from your checking or savings account with a bank or credit union. Mark the box on this ▇▇▇▇ ▇▇▇ Enrollment Form and attach a completed Automatic Investment Form.
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Automatic Investment. The initial investment is reduced to $100.00 in each fund if an automatic investment plan is established. • The minimum subsequent investment is $100.00 in each fund. • All contributions invested usiing the Automatic Investment Plan will be current year contributions. • We will establish your banking instructions using the voided check attached in the space provided below ❍ Personal IRA contribution or ❍ Employer contribution I would like to automatically invest from my bank account to my IRA account on the following basis. If you do not indicate a frequency, then we will default to monthly. ❍ Monthly ❍ Quarterly ❍ Semi-Annually ❍ Annually ▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇. Anytown, USA 12345 53289 Pay to the order of $ Memo Signed
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Automatic Investment. We will monitor the balance of the deposit account (the “Sweep Account”) that you designate for funds to be swept into the Eurodollar Account, Fed Funds Account or Repo Account, as the case may be. At the close of business on each Banking Day, we will automatically transfer all collected funds from the Sweep Account in excess of the target balance you designate to us (the “Target Balance”) into the Federal Funds Account or Repo Account, as you have designated. However, in no event will we transfer less than $100,000 into the Eurodollar Account because that is the minimum balance (unless it is a zero balance) for the Eurodollar Account. On the following Banking Day, the principal amount in the Federal Funds Account, Eurodollar Account or Repo Account, plus any interest, will be automatically transferred by us from the Federal Funds Account, Eurodollar Account or Repo Account to the Sweep Account.
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Automatic Investment. 7.1. The Operator shall make available to Investors the automatic investment function, which is considered as individual loan portfolio management under the Regulation. 7.2. Investors who enter into an agreement on the Platform for the Automatic Investment functionality (Automatic Investment Agreement) may use the Automatic Investment functionality offered on the Platform. The Automatic Investment Agreement shall provide information to the Investor on the principles of the operation of the Automatic Investment functionality, as well as on the fact that the Investor shall continue to act at its own risk when using this functionality. 7.3. The Operator undertakes to the Investor in the Automatic Investment Agreement to strictly comply with the parameters set by the Investor when carrying out automatic investment (individual loan portfolio management). The Operator's automatic investment function will not require the Investor to review the individual crowdfunding offer (Project) and make investment decisions each time, but will be done automatically, according to objective criteria predefined by the Investor. 7.4. The Automatic Investment functionality allows the Investor to pre-select and set the conditions of operation of the Automatic Investment functionality and the criteria of the Projects (including, but not limited to, the total amount of the investment; the amount of the investment in a single Project; the type of the Project (the Loan Contract); the rating of the Project to be invested in; the amount of interest rate; the maturity period; etc.), on which the Investor seeks to make an automated proposal to the Funding Provider for the financing of Projects published on the Platform. 7.5. The Investor will be able to check at any time to which Projects and according to which criteria its investment funds have been allocated by means of automatic investment and, accordingly, the Investor will be in the best position to ascertain the correctness of the allocation of the funds, i.e., whether said Projects meet the Investor's predetermined investment criteria. 7.6. The Investor shall have the possibility to change the set parameters of the automatic investment at any time, as well as to opt out of the automatic investment function altogether at any time (in which case, from the moment of opting out, the Investor's funds will no longer be automatically allocated to the newly announced projects). 7.7. The Investors' proposals submitted using the Automatic In...
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Related to Automatic Investment

  • Loans, Investments, Etc No Loan Party shall, nor shall it permit any Subsidiary to, directly or indirectly, make or agree to make, any Investment in any other Person, except: (a) the endorsement of instruments for collection or deposit in the ordinary course of business; (b) Investments in cash or Cash Equivalents; provided that the terms and conditions of Section 5.2 hereof shall have been satisfied with respect to the deposit account, investment account or other account in which such cash or Cash Equivalents are held; (c) the existing Investments of the Company and its Subsidiaries as of the Closing Date, as set forth on Schedule 10.4; (d) Investments made by a Subsidiary that is not a Loan Party; (e) Investments made after the Closing Date, by any Loan Party to or in any Subsidiary that is not a Loan Party, provided that such Investments made pursuant to this Section 10.4(e)) do not exceed $25,000,000 in the aggregate for all such Subsidiaries at any time outstanding; so long as both before and after giving effect to the making of such Investments (i) the Aggregate Threshold Test is satisfied and (ii) no Default or Event of Default exists or would result therefrom; (f) loans and advances made by any Loan Party to employees of such Loan Party not to exceed $2,500,000 in the aggregate at any time outstanding; (g) stock or obligations issued to any Loan Party by any Person (or the representative of such Person) in respect of Indebtedness of such Person owing to such Loan Party in connection with the insolvency, bankruptcy, receivership or reorganization of such Person or a composition or readjustment of the debts of such Person; provided that the original of any such stock or instrument evidencing such obligations shall be promptly delivered to Agent, upon Agent’s request, together with such stock power, assignment or endorsement by such Loan Party as Agent may request; (h) obligations of account debtors to any Loan Party arising from Accounts that are past due evidenced by a promissory note made by such account debtor payable to such Loan Party; provided that promptly upon the receipt of the original of any such promissory note by such Loan Party, such promissory note shall be endorsed to the order of Agent by such Loan Party and promptly delivered to Agent as so endorsed; (i) Investments made by a Loan Party to or in another Loan Party after the Closing Date, provided that (i) such Investments to or in any Canadian Loan Party by any U.S. Loan Party shall be limited to such Investments, at levels and on terms, consistent with the Company’s historical practices and (ii) no Default or Event of Default exists or would result therefrom; (j) Investments made by a Loan Party in or to Joint Ventures, not otherwise permitted by this Section 10.4, when taken together with all other Investments made pursuant to this clause (j) in the immediately preceding twelve (12) month period, in an amount not to exceed $25,000,000 (or such lesser amount as would not cause the aggregate amount of all such Investments made during such period, together with the aggregate consideration paid by the Loan Parties in respect of Permitted Acquisitions consummated during such period, to exceed the applicable amount permitted pursuant to clause (d) of the definition of Permitted Acquisitions); so long as both before and after giving effect to the making of such Investment (i) the Aggregate Threshold Test is satisfied and (ii) no Default or Event of Default exists or would result therefrom; (k) Investments by any Loan Party not otherwise permitted by this Section 10.4 of up to $25,000,000, when taken together with all other Investments made pursuant to this clause (k) in the immediately preceding twelve (12) month period (including the outstanding amount of all Investments made in the form of loans or advances as of any date of determination), net of any amount realized in respect of the principal of such Investment upon the sale, collection or return of capital (not to exceed the original amount invested) during such period; so long as before and after giving effect to the making of such Investment, (i) the Aggregate Threshold Test is satisfied and (ii) no Default or Event of Default exists or would result therefrom; (l) Investments constituting guarantees and other Indebtedness permitted under Section 10.3; (m) Investments made after the Closing Date by the Company in LP Brasil Participacoes LTDA (“LP Brasil”) in an aggregate amount not to exceed $42,000,000 enabling LP Brasil (i) to pay the purchase price in connection with the initial Acquisition of 75% of the Capital Stock of Masisa OSB Industrie e Comerico S.A. (“Masisa”), (ii) to purchase the remaining 25% of the Capital Stock of Masisa, and (iii) to fund its portion of the initial working capital contribution to Masisa as further described in Section 8.1 of the Shareholders’ Agreement (defined below), in each case, pursuant to (A) that certain Share Purchase Agreement dated as of May 12, 2008 and/or (B) that certain Shareholders’ Agreement in respect of LP-Masisa OSB Indutria e Comercio S.A. dated as of May 12, 2008 (the “Shareholders’ Agreement”); so long as before and after giving effect to the making of such Investment, no Default or Event of Default exists or would result therefrom; (n) Investments by the Company in a Joint Venture with ▇▇▇▇▇▇ Company in respect of the ▇▇▇▇▇▇▇▇▇ Mill in an aggregate amount not to exceed $35,000,000, pursuant to that certain Put and Call Agreement between the Company and ▇▇▇▇▇▇ Company dated as of August 2, 2006; so long as before and after giving effect to the making of such Investment, no Default or Event of Default exists or would result therefrom; (o) Investments made after the Closing Date for the purchase of the remaining 50% of the Capital Stock of Canfor-LP OSB Limited Partnership, pursuant to that certain Amended and Restated Limited Partnership Agreement dated as of October 24, 2005, in an aggregate amount not to exceed (i) $50,000,000 plus (ii) the unused amount set forth in clause (d) of the definition of Permitted Acquisitions for the twelve (12) month period in which such Investment is made; provided that each of the requirements set forth in the definition of Permitted Acquisitions shall have been satisfied with respect to such Investment as if such Investment were a Permitted Acquisition; and (p) promissory notes, earn-outs, other contingent obligations and/or non-cash consideration received by the Company or any of its Subsidiaries as partial payment of the total consideration for any sale or other disposition not prohibited by Section 10.1; provided that such promissory notes, earn-outs, other contingent obligations and/or non-cash consideration shall in no event exceed ten percent (10%) of the total consideration received in connection with a sale or other disposition permitted pursuant to clauses (c), (d), (f) or (h) through and including (p) of Section 10.1; and

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing: (i) Scheduled installments of principal and interest on the Mortgage Loans received or advanced by the applicable Servicers which were due on the related Due Date, net of the Servicing Fees due the applicable Servicers and less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; (ii) Payoffs and the proceeds of other types of liquidations of the Mortgage Loans received by the applicable Servicer for such Mortgage Loans during the applicable Payoff Period, with interest to the date of Payoff or liquidation less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; and (iii) Curtailments received by the applicable Servicers in the Prior Period. At its option, the Master Servicer may invest funds withdrawn from the Custodial Accounts for P&I, as well as any Buydown Funds, Insurance Proceeds and Liquidation Proceeds previously received by the Master Servicer (including amounts paid by the Company in respect of any Purchase Obligation or its substitution obligations set forth in Section 2.07 or Section 2.08 or in connection with the exercise of the option to terminate this Agreement pursuant to Section 9.01) for its own account and at its own risk, during any period prior to their deposit in the Certificate Account. Such funds, as well as any funds which were withdrawn from the Custodial Accounts for P&I on or before the Withdrawal Date, but not yet deposited into the Certificate Account, shall immediately be deposited by the Master Servicer with the Investment Depository in an Investment Account in the name of the Master Servicer and the Trust for investment only as set forth in this Section 3.03. The Master Servicer shall bear any and all losses incurred on any investments made with such funds and shall be entitled to retain all gains realized on such investments as additional servicing compensation. Not later than the Business Day prior to the Distribution Date, the Master Servicer shall deposit such funds, net of any gains (except Payoff Earnings) earned thereon, in the Certificate Account. (b) Funds held in the Investment Account shall be invested in (i) one or more Eligible Investments which shall in no event mature later than the Business Day prior to the related Distribution Date (except if such Eligible Investments are obligations of the Trustee, such Eligible Investments may mature on the Distribution Date), or (ii) such other instruments as shall be required to maintain the Ratings.

  • Qualified HSA Funding Distribution If you are eligible to contribute to a health savings account (HSA), you may be eligible to take a one-time tax-free HSA funding distribution from your IRA and directly deposit it to your HSA. The amount of the qualified HSA funding distribution may not exceed the maximum HSA contribution limit in effect for the type of high deductible health plan coverage (i.e., single or family coverage) that you have at the time of the deposit, and counts toward your HSA contribution limit for that year. For further detailed information, you may wish to obtain IRS Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans.

  • Monitoring of Contribution Limitations Information The Custodian shall not be responsible for monitoring the amount of contributions made to the designated beneficiary’s account or the income levels of any depositor or contributor for purposes of assuring compliance with applicable state or federal tax laws.

  • Designation, Amount and Par Value The series of preferred stock shall be designated as the Series D 5% Convertible Preferred Stock (the "Preferred Stock"), and the number of shares so designated and authorized shall be Three Thousand (3,000). Each share of Preferred Stock shall have a par value of $0.0001 per share and a stated value of $1,000 per share (the "Stated Value").