Common use of Allocation of Interest Income and Investment Earnings Clause in Contracts

Allocation of Interest Income and Investment Earnings. The interest income and other investment income earned by the System Money Pool on loans and investment of surplus funds will be allocated among the Parties in accordance with the proportion each Party's contribution of funds in the System Money Pool bears to the total amount of funds in the System Money Pool and the cost of any External Funds provided to the System Money Pool by such Party. Interest and other investment earnings will be computed on a daily basis and settled once per month.

Allocation of Interest Income and Investment Earnings. The interest income and other investment income earnings earned by the System Money Pool on from loans to Eligible Participants and investment of surplus funds will be allocated by the Administrative Agent among the investing Parties in accordance with the proportion each investing Party's contribution ’s investment of funds in the System Money Pool bears to the total amount of funds invested in the System Money Pool and the cost of any External Funds provided to the System Money Pool by such PartyCPG. Interest income and other investment earnings will be computed on a daily basis and settled once per month.

Allocation of Interest Income and Investment Earnings. The interest income and other investment income earned by the System Money Pool on loans and investment of surplus funds will be allocated among the Parties in accordance with the proportion each Party's ’s contribution of funds in the System Money Pool bears to the total amount of funds in the System Money Pool and the cost of any External Funds provided to the System Money Pool by such Party. Interest and other investment earnings will be computed on a daily basis and settled once per immediately following the end of each month.