Common use of Investment of Trust Monies Clause in Contracts

Investment of Trust Monies. All or any part of any Trust Monies held by the Collateral Agent shall from time to time be invested or reinvested as set forth in the Collateral Agency Agreement. Unless an Event of Default occurs and is continuing, or so long as any Notice of Actionable Default remains outstanding and unrescinded, any interest on cash or such Temporary Cash Investments (in excess of any accrued interest paid at the time of purchase) which may be received by the Collateral Agent with respect to the Notes Collateral Account shall be forthwith paid to the Company. The Trustee shall not be liable or responsible for any loss resulting from such investments or sales. Notwithstanding anything to the contrary in this Section, no funds may be withdrawn and paid to the Company from and after any Major Collateral Disposition.