Definition of 2019-1 Permitted Investments


2019-1 Permitted Investments means book-entry securities, negotiable instruments or securities represented by instruments in bearer or registered form which evidence:

Examples of 2019-1 Permitted Investments in a sentence

So long as no Event of Default shall have occurred and be continuing, all or a portion of the funds in the2019-1 Exchange Note Collections Account, the Indenture Collections Account, the Note Payment Account and the Reserve Account shall be invested at the direction of the Servicer in 2019-1 Permitted Investments that mature no later than the Business Day prior to the next Payment Date in the Collection Period following the Collection Period during which the investment is made.