POWER OF INVESTMENT. Subject always to clause 20.1 (Project Accounts), an Obligor may require that such part of the amounts standing to the credit of any of the Project Accounts as it may consider prudent (having reasonable grounds for so considering) shall be invested from time to time in Authorised Investments in accordance with this clause 23 and in a manner consistent with the provisions of clause 28.17(A) (Hedging).
Appears in 3 contracts
Samples: Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)
POWER OF INVESTMENT. Subject always to clause 20.1 (Project Accounts), an Obligor Kosmos may require that such part of the amounts standing to the credit of any of the Project Accounts as it may consider prudent (having reasonable grounds for so considering) shall be invested from time to time in Authorised Investments in accordance with this clause 23 and in a manner consistent with the provisions of clause 28.17(A) (Hedging).
Appears in 2 contracts
Samples: Intercompany Loan Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)
POWER OF INVESTMENT. Subject always to clause Clause 20.1 (Project Accounts), an Obligor may require that such part of the amounts standing to the credit of any of the Project Accounts as it may consider prudent (having reasonable grounds for so considering) shall be invested from time to time in Authorised Investments in accordance with this clause Clause 23 and in a manner consistent with the provisions of clause Clause 28.17(A) (Hedging).
Appears in 1 contract
Samples: Agreement (Kosmos Energy Ltd.)
POWER OF INVESTMENT. Subject always to clause 20.1 (Project Accounts), an Obligor may require that such part of the amounts standing to the credit of any of the Project Accounts as it may consider prudent (having reasonable grounds for so considering) shall be invested from time to 116 time in Authorised Investments in accordance with this clause 23 and in a manner consistent with the provisions of clause 28.17(A) (Hedging).
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POWER OF INVESTMENT. Subject always to clause 20.1 Clause 18.1 (Project Accounts), an Obligor may require that such part of the amounts standing to the credit of any of the Project Accounts as it may consider prudent (having reasonable grounds for so considering) shall be invested from time to time in Authorised Investments in accordance with this clause 23 Clause 21 and in a manner consistent with the provisions of clause 28.17(AClause 26.16(A) (Hedging).
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