Common use of Foreign Investments Clause in Contracts

Foreign Investments. The company may invest in stocks, shares, bonds or obligations of a person or governmental or business unit of or in a foreign country or subdivision thereof, if the foreign investments conform substantially with the limitations imposed by domestic investments. However, the aggregate amount of foreign investments held under 5-605(c)(1) and under 5-608(o) and (p) may not exceed the greater of (i) 10% of the company's total admitted assets; (ii)

Foreign Investments. The company may invest in stocks, shares, bonds or obligations of a person or governmental or business unit of or in a foreign country or subdivision thereof, if the foreign investments conform substantially with the limitations imposed by domestic investments. However, the aggregate amount of foreign investments held under 5-605(c)(1605(c)(l) and under 5-608(o) and (p) may not exceed the greater of (i) 10% of the company's total admitted assets; (ii)