Certain Permitted Actions; Amendments to the Agreement; Additional Covenants. (a) Notwithstanding anything to the contrary in the Agreement, funds on deposit in the Collection Account may be invested in any Eligible Investments (as that term is defined in this Series Supplement).
Appears in 7 contracts
Samples: Series 1997 (Carco Auto Loan Master Trust), Conformed Copy (Carco Auto Loan Master Trust), Pooling and Servicing Agreement (Carco Auto Loan Master Trust)
Certain Permitted Actions; Amendments to the Agreement; Additional Covenants. (a) Notwithstanding anything to the contrary in the Agreement, funds on deposit in the Collection Account may be invested in any Eligible Investments (as that term is defined in this Series Supplement)) that will mature so that funds collected in respect of the Receivables in a Collection Period will be available on or before the following Distribution Date.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Daimlerchrysler Master Owner Trust), Pooling and Servicing Agreement (Daimlerchrysler Wholesale Receivables LLC), Pooling and Servicing Agreement (Carco Auto Loan Master Trust)
Certain Permitted Actions; Amendments to the Agreement; Additional Covenants. (a) Notwithstanding anything to the contrary in the Agreement, funds on deposit in the Collection Account may be invested in any Eligible Investments (as that term is defined in this Series Supplement)) that will mature so that funds will be available on or before the following Distribution Date.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Carco Auto Loan Master Trust), Carco Auto Loan Master Trust, Carco Auto Loan Master Trust
