Diversification Requirements Sample Clauses
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Diversification Requirements. Such Subsequent Project satisfies the Diversification Requirements.
Diversification Requirements. The Borrower will at all times, subject to applicable grace or cure periods set forth in the Code, comply with the portfolio diversification and similar requirements set forth in the Code applicable to RICs, where applicable.
Diversification Requirements. The Borrower will, and will cause its Subsidiaries (other than Financing Subsidiaries that are exempt from the provisions of the Code applicable to RIC’s), subject to applicable grace periods set forth in the Code, to comply with the portfolio diversification and similar requirements set forth in the Code applicable to RIC’s.
Diversification Requirements. Dated: ---------------------------------
Diversification Requirements. As of , , the Fund was in compliance with the Section 817(h)
Diversification Requirements. At the time of election and thereafter, Borrower shall remain at all times in full compliance with the asset diversification requirements of a regulated investment company under Subchapter M of the Internal Revenue Code.
Diversification Requirements. The Trustees shall use commercially reasonable efforts to cause each Series to invest, dispose of and hold its assets in compliance with the diversification requirements of Code Section 817(h) and Treasury Regulations Section 1.817-5, and will use commercially reasonable efforts to cure any non-conformance within the grace period afforded under Code Section 817(h) and the Treasury Regulations thereunder. The Trustees will notify the Shareholders within a reasonable time of any failure or anticipated failure to comply with such diversification requirements.
Diversification Requirements. 49 3.3.39 Calpine Corporation Credit Rating.................................................... 49 3.3.40 Initial Projects Satisfaction of Conditions Precedent to Initial Funding............. 49 3.3.41 Modified Conditions Precedent to Initial Funding..................................... 49 3.4 Conditions Precedent to Each Construction Credit Event........................................ 50 3.4.1 Monthly Drawdown Frequency........................................................... 50 3.4.2 Notice of Construction Borrowing..................................................... 50 3.4.3 Construction Drawdown Certificate and Engineer's Certificate......................... 50 3.4.4 Amount............................................................................... 50 3.4.5
Diversification Requirements. 97.5(g)
(a) For contracts funding fixed benefits only, the separate account assets are subject to the following limitations:
(i) For non-insulated contracts, the separate account assets shall consist in whole or in part of assets which together with general account assets meet the limitation in §1405 of the Insurance Law computed as though the insurer’s admitted assets included such separate account assets.
(ii) For insulated contracts, separate account assets shall consist in whole or in part of assets meet the limitation in §1405 of the Insurance Law computed as though the insurer’s admitted assets consisted solely of such separate account assets.
(iii) Separate account assets that do not comply with items (i) and (ii) above are subject to an additional 10% deduction from market value.
(b) For contracts not funding fixed benefits only, the insurer must, upon request of the Superintendent, justify the concentration or diversification of separate account assets and any failure of any separate account assets to comply with additional investment restrictions or additional deductions from market value in determining asset maintenance and reserve requirements.
Diversification Requirements. TCPC will, and will cause its Subsidiaries (other than Financing Subsidiaries that are exempt from the provisions of the Code applicable to RIC’s), subject to applicable grace periods set forth in the Code, to comply with the portfolio diversification and similar requirements set forth in the Code applicable to RIC’s.