Common use of Earnings from Collection Account Clause in Contracts

Earnings from Collection Account. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Collection Account shall be deemed to be available and on deposit for distribution.

Appears in 5 contracts

Samples: Collateral Agency Agreement (Hertz Global Holdings Inc), Credit Agreement (Hertz Global Holdings Inc), Credit Agreement (Hertz Corp)

AutoNDA by SimpleDocs

Earnings from Collection Account. All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Collection Account shall be deemed to be available and on deposit therein and available for distribution.

Appears in 2 contracts

Samples: Collateral Agency Agreement (Zipcar Inc), Administration Agreement (Zipcar Inc)

AutoNDA by SimpleDocs

Earnings from Collection Account. All interest and earnings (net of losses and investment expenses) paid on funds amounts on deposit in or credited to the Collection Account shall be deemed to be available and on deposit for distribution.

Appears in 1 contract

Samples: Indenture (Hertz Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.