Common use of POWER OF INVESTMENT Clause in Contracts

POWER OF INVESTMENT. (i) The Receivables Trustee shall deposit all monies received by it in respect of Trust Property in the Trust Accounts in accordance with the provisions of this Clause 5 in a manner consistent with the principles set out in the First Schedule and shall invest funds on deposit in such Trust Accounts allocable to any Series in accordance with Clause 5.1(f).

Appears in 3 contracts

Samples: Management Agreement (Barclaycard Funding PLC), Management Agreement (Barclaycard Funding PLC), Management Agreement (Gracechurch Receivables Trustee LTD)

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POWER OF INVESTMENT. (i) The Receivables Trustee shall deposit all monies received by it in respect of Trust Property in the Trust Accounts in accordance with the provisions of this Clause 5 in a manner consistent with the principles set out in the First Schedule and shall invest funds on deposit in such Trust Accounts allocable to any Series in accordance with Clause 5.1(f5.1(g).

Appears in 2 contracts

Samples: Arran Funding LTD, Arran Funding LTD

POWER OF INVESTMENT. (i) The Receivables Trustee shall deposit all monies received by it in respect of Trust Property in the Trust Accounts in accordance with the provisions of this Clause 5 in a manner consistent with and the principles set out in the First Schedule and Receivables Trustee shall invest funds on deposit in such Trust Accounts allocable to any issuance of Related Debt and/or Series in accordance with Clause 5.1(f5.1(g).

Appears in 2 contracts

Samples: Deed and Servicing Agreement (Turquoise Receivables Trustee LTD), investor.capitalone.com

POWER OF INVESTMENT. (i) The Receivables Trustee shall deposit all monies received by it in respect of Trust Property in the Trust Accounts in accordance with the provisions of this Clause 5 in a manner consistent with 6 and the principles set out in the First Schedule and Receivables Trustee shall invest utilise funds on deposit in such Trust Accounts allocable to any Series in accordance with Clause 5.1(f6.1(f) (Administration of the Trust Accounts).

Appears in 1 contract

Samples: www.newday.co.uk

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POWER OF INVESTMENT. (i) The Receivables Trustee shall deposit all monies received by it in respect of Trust Property in the Trust Accounts in accordance with the provisions of this Clause 5 (Distributions and Calculations in a manner consistent with respect of Collections) and the principles set out in Receivables Trustee (or the First Schedule and Servicer on its behalf) shall invest funds on deposit in such Trust Accounts allocable to any issuance of Related Debt and/or Trust Series in accordance with Clause 5.1(f5.1(h) (Trust Accounts).

Appears in 1 contract

Samples: Receivables Trust Deed and Servicing Agreement

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