Common use of Investment of Proceeds Clause in Contracts

Investment of Proceeds. Prior to the application of the Recoveries in accordance with Clause 28.1 (Order of application) the Security Agent may, in its discretion, hold all or part of those proceeds in a non interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's discretion in accordance with the provisions of this Clause 28.

Appears in 2 contracts

Samples: Facility Agreement (PCGI Intermediate Holdings LTD), Agreement (PCGI Intermediate Holdings LTD)

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Investment of Proceeds. Prior to the application of the proceeds of the Recoveries in accordance with Clause 28.1 30.1 (Order of applicationApplication) the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's ’s discretion in accordance with the provisions of this Clause 28‎30.3.

Appears in 2 contracts

Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.)

Investment of Proceeds. Prior to the application of the proceeds of the Recoveries in accordance with Clause 28.1 29.1 (Order of application) the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's ’s discretion in accordance with the provisions of this Clause 2829.3.

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

Investment of Proceeds. Prior to the application of the proceeds of the Recoveries in accordance with Clause 28.1 ‎‎29.1 (Order of application) ), the Security Agent may, in its discretion, hold all or part of those proceeds in a non interest an interest-bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's discretion in accordance with the provisions of this Clause 28‎‎29.3.

Appears in 1 contract

Samples: Agreement (Cboe Global Markets, Inc.)

Investment of Proceeds. Prior to the application of the proceeds of the Recoveries in accordance with Clause 28.1 (Order of application) clause 27.1 the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's discretion in accordance with the provisions of this Clause 28clause ‎27.3.

Appears in 1 contract

Samples: Assignment Agreement (American Realty Capital Global Trust, Inc.)

Investment of Proceeds. Prior to the application of the proceeds of the Recoveries in accordance with Clause 28.1 26.1 (Order of application) the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's ’s discretion in accordance with the provisions of this Clause 2826.3.

Appears in 1 contract

Samples: Facility Agreement (American Realty Capital Global Trust II, Inc.)

Investment of Proceeds. Prior to the application of the proceeds of the Recoveries in accordance with Clause 28.1 30.1 (Order of application) the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's ’s discretion in accordance with the provisions of this Clause 2830.3.

Appears in 1 contract

Samples: Agreement (Mohegan Tribal Gaming Authority)

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Investment of Proceeds. Prior to the application of the Recoveries in accordance with Clause 28.1 26.1 (Order of application) the each Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the that Security Agent with such financial institution (including itself) and for so long as the that Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the that Security Agent's ’s discretion in accordance with the provisions of this Clause 2826.

Appears in 1 contract

Samples: Amkor Technology, Inc.

Investment of Proceeds. Prior Following an Event of Default, prior to the application of the Recoveries in accordance with Clause 28.1 25.1 (Order of application) the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to 49173559_13 time of those moneys in the Security Agent's discretion in accordance with the provisions of this Clause 28‎25.

Appears in 1 contract

Samples: Agreement (Diodes Inc /Del/)

Investment of Proceeds. Prior to the application of the Recoveries in accordance with Clause 28.1 30.1 (Order of application) the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's ’s discretion in accordance with the provisions of this Clause 2830.

Appears in 1 contract

Samples: Facility Agreement (UTAC Holdings Ltd.)

Investment of Proceeds. Prior to the application of the Recoveries in accordance with Clause 28.1 (Order of application) the Security Agent may, in its discretion, hold all or part of those proceeds in a non an interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those moneys in the Security Agent's discretion in accordance with the provisions of this Clause 28.

Appears in 1 contract

Samples: Agreement (PCGI Intermediate Holdings LTD)

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