Investment of Amounts Sample Clauses

Investment of Amounts. To the extent there are uninvested amounts in the Certificate Distribution Account prior to 3:00 p.m. New York City time on any Business Day, the Trustee shall invest such amounts in Eligible Investments of the type described in subsection (i) of the definition of Eligible Investments. All such investments shall be made in the name of the Trustee. The Depositor shall be entitled to any income on such investments and shall be liable for any losses thereon.
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Investment of Amounts. To the extent there are uninvested amounts in the Note Distribution Account or the Certificate Distribution Account prior to 3:00 p.m. New York City time of any Business Day, the Indenture Trustee shall invest such amounts in Eligible Investments of the type described in subsection (e) of the definition of Eligible Investments. All such investments shall be made in the name of the Indenture Trustee. The Depositor shall be entitled to any income on such investments and shall be liable for any losses thereon.
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Investment of Amounts. To the extent neither the Seller nor an investment manager has directed the investment of funds in the Certificate Distribution Account pursuant to Section 6.02(b)(i) above on a preceding Business Day and there are uninvested amounts in the Certificate Distribution Account prior to 3:00 p.m. (New York City time) on any Business Day, the Trustee shall invest such amounts in the First American Government Obligations Fund (Class A), which is an Eligible Investment of the type described in subsection (i) of the definition of Eligible Investments. All such investments shall be made in the name of the Trustee. The Trustee shall be entitled to any income or gain realized on such investments.
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Investment of Amounts. 96 Section 6.04. Collections............................... 97 Section 6.05.
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Investment of Amounts. To the extent there are --------------------- uninvested amounts in the Collection Account or the Certificate Account prior to 11:00 a.m. New York City time of any Business Day, the Trustee shall, at the written direction of the Master Servicer, invest such amounts in Eligible Investments. All such investments shall be made in the name of the Trustee. The maturity of such investments shall be no later than the day preceding the next Distribution Date; provided, that the funds will be available for -------- distribution on such Distribution Date pursuant to this Agreement. The choice of Eligible Investments shall be determined by the Master Servicer; provided, -------- that if the Master Servicer does not notify the Trustee of any such choice, the Trustee shall not invest such funds. The Master Servicer shall be entitled to any income on such investments and shall be liable for any losses thereon and shall deposit the amount of losses immediately upon realization without any right of
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Investment of Amounts. (i) Pending the disbursement thereof pursuant to the terms of this Agreement, all cash from time to time held by the Security Trustee (other than in the Security Account) shall be invested by the Security Trustee pursuant to written instructions of GFC (or, if a Material Default or Event of Default shall have occurred and be continuing, the Instructing Group) in Permitted Investments.
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Investment of Amounts. The Secretary shall invest such portion of the Trust Fund as is not required to meet cur- rent withdrawals in interest-bearing obliga- tions of the United States or in obligations guaranteed as to both principal and interest by the United States.
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Investment of Amounts. To the extent there are --------------------- uninvested amounts in the Collection Account or the Certificate Account prior to 11:00 a.m. New York City time of any Business Day, the Trustee shall, at the written direction of the Servicer, invest such amounts in Eligible Investments. All such investments shall be made in the name of the Trustee. The maturity of such investments shall be no later than the day preceding the next Distribution Date; provided, that the funds will be available for distribution on such -------- Distribution Date pursuant to this Agreement. The choice of Eligible Investments shall be determined by the Servicer; provided, that if the Servicer -------- does not notify the Trustee of any such choice, the Trustee may invest such funds, without any liability for losses thereon, in investments within the meaning of clause (e) of the definition of "Eligible Investment" that are administered through an affiliate of the Trustee. The Servicer shall be entitled to any income on such investments and shall be liable for any losses thereon and shall deposit the amount of losses immediately upon realization without any right of reimbursement. The Trustee shall, on the fifth Business Day of the month following each Distribution Date, remit by wire transfer to the Servicer the net investment income earned with respect to the Collection Account.
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Related to Investment of Amounts

  • Investment of Accounts (a) To the extent there are uninvested amounts deposited in the Series Accounts, the Issuer shall cause such amounts to be invested in Permitted Investments selected by the Issuer that mature no later than the immediately preceding Transfer Date.

  • 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:

  • Investment of Account Assets a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. or, if available, any other series of Provident Trust Mutual Funds, Inc. or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a custodial account investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Investment of Proceeds Prior to the application of the proceeds of the Transaction Security in accordance with Clause 31.1 (Order of Application) the Security Agent may, at its discretion, hold all or part of those proceeds in an interest bearing suspense or impersonal account(s) in the name of the Security Agent or Agent with any financial institution (including itself) and for so long as the Security Agent thinks fit (the interest being credited to the relevant account) pending the application from time to time of those monies at the Security Agent’s discretion in accordance with the provisions of this Clause 31.2.

  • Investment Limitation The Company shall not invest, or otherwise use the proceeds received by the Company from its sale of the Shares in such a manner as would require the Company or any of its subsidiaries to register as an investment company under the Investment Company Act.

  • Investment of Funds NCPS will not commingle Escrow Funds received by it in escrow with funds of others and shall not invest such Escrow Funds. The Escrow Funds will be held in a non-interest bearing account.

  • Investment of Payment Fund The Paying Agent shall invest the cash included in the Payment Fund as directed by Parent. Any interest and other income resulting from such investments shall be paid as directed by Parent. To the extent that there are losses with respect to such investments, Parent shall promptly replace or restore the portion of the Payment Fund lost through investments so as to ensure that the Payment Fund is maintained at a level sufficient to make such payments.

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