Common use of Investment and Disbursement of Net Proceeds Clause in Contracts

Investment and Disbursement of Net Proceeds. All moneys received by the Director or the Director's designee constituting Net Proceeds shall, pending application, be invested at the direction of the Company, in the exercise of the Company's reasonable business judgment, for the account of and at the risk of the Company.

Appears in 3 contracts

Samples: Security Agreement (Guitammer Co), Security Agreement (Guitammer Co), Security Agreement (Guitammer Co)

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Investment and Disbursement of Net Proceeds. All moneys received by the Director or the Director's designee constituting Net Proceeds shall, pending application, be invested at the direction of the Company, in the exercise of the Company's reasonable business judgment, Company for the account of and at the risk of the Company.

Appears in 1 contract

Samples: Security Agreement (PAV Republic, Inc.)

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