DISPOSAL OF AUTHORISED INVESTMENTS Sample Clauses

DISPOSAL OF AUTHORISED INVESTMENTS. Upon the Seventh Issuer Cash Manager, on behalf of the Seventh Issuer and the Security Trustee, making a disposal of any Authorised Investment charged pursuant to CLAUSE 3.3 (Authorised Investments), the Security Trustee shall, if so requested in writing by and at the sole cost and expense (on an indemnity basis) of the Seventh Issuer, but without being responsible for any loss, costs, claims or liabilities whatsoever occasioned and howsoever arising by so acting upon such request, release, reassign or discharge from the encumbrances constituted by this Deed the relevant Authorised Investments, provided that the proceeds of such disposal are paid into an account charged pursuant to CLAUSES 3.2 (Seventh Issuer Accounts) in accordance with CLAUSE 5.5 (Authorised Investments).
Sample 1
AutoNDA by SimpleDocs
DISPOSAL OF AUTHORISED INVESTMENTS. Upon the Second Issuer Cash Manager, on behalf of the Second Issuer and the Security Trustee, making a disposal of any Authorised Investment charged pursuant to Clause 3.3 (Authorised Investments), the Security Trustee shall, if so requested in writing by and at the sole cost and expense (on an indemnity basis) of the Second Issuer, but without being responsible for any loss, costs, claims or liabilities whatsoever occasioned and howsoever arising by so acting upon such request, release, reassign or discharge from the encumbrances constituted by this Deed the relevant Authorised Investments, provided that the proceeds of such disposal are paid into an account charged pursuant to Clauses 3.2 (Second Issuer Accounts) in accordance with Clause 5.5 (Authorised Investments).
Sample 1
DISPOSAL OF AUTHORISED INVESTMENTS. On the making at any time by the Cash Manager on behalf of Funding of a disposal of any Authorised Investment charged pursuant to CLAUSE 3.4 (Authorised Investments), the Security Trustee shall, if so requested by and at the sole cost and expense (on an indemnity basis) of Funding, but without being responsible for any loss, costs, claims or liabilities whatsoever occasioned by so acting upon such request, release, reassign or discharge from the encumbrances constituted by or pursuant to this Deed the relevant Authorised Investments, provided that in the case of a disposal of an Authorised Investment, the proceeds of such disposal are paid by Funding into the Funding Bank Account from which the monies to make such Authorised Investment were originally drawn, subject to and in accordance with the provisions of the Funding Guaranteed Investment Contract, the Cash Management Agreement and this Deed.
Sample 1
DISPOSAL OF AUTHORISED INVESTMENTS. On the making at any time by the Current Issuer Cash Manager on behalf of the Current Issuer of a disposal of any Authorised Investment charged pursuant to Clause 3.4 (Authorised Investments), the Note Trustee shall, if so requested by and at the sole cost and expense of the Current Issuer, but without the Note Trustee being responsible for any loss, costs, claims or liabilities whatsoever occasioned by so acting upon such request, release, reassign or discharge from the Security Interests constituted by or pursuant to this Current Issuer Deed of Charge the relevant Authorised Investments, provided that in the case of a disposal of an Authorised Investment, the proceeds of such disposal are paid by the Current Issuer into the Current Issuer Bank Accounts from which the monies to make such Authorised Investment were originally drawn, subject to and in accordance with the provisions of this Current Issuer Deed of Charge and the Current Issuer Transaction Documents.
Sample 1
DISPOSAL OF AUTHORISED INVESTMENTS. (Authorised Investments), the Security Trustee shall, if so requested in writing by and at the sole cost and expense (on an indemnity basis) of the Fourth Issuer, but without being responsible for any loss, costs, claims or liabilities whatsoever occasioned and howsoever arising by so acting upon such request, release, reassign or discharge from the encumbrances constituted by this Deed the relevant Authorised Investments, provided that the proceeds of such disposal are paid into an account charged pursuant to CLAUSES 3.2 (Fourth Issuer Accounts) in accordance with CLAUSE 5.5 (Authorised Investments).
Sample 1
DISPOSAL OF AUTHORISED INVESTMENTS. On the making at any time by the Cash Manager on behalf of Funding or the Security Trustee of a disposal of any Authorised Investment charged pursuant to this Funding Deed of Charge, the Security Trustee shall, if so requested by and at the sole cost and expense of Funding, but without the Security Trustee being responsible for any loss, costs, claims or liabilities whatsoever occasioned by so acting upon such request, release, reassign or discharge from the Security Interests constituted by or pursuant to this Funding Deed of Charge the relevant Authorised Investments, provided that in the case of a disposal of an Authorised Investment, the proceeds of such disposal are paid by Funding into the Funding Bank Account from which the monies to make such Authorised Investment were originally drawn, subject to and in accordance with the provisions of the this Funding Deed of Charge and the Funding Transaction Documents.
Sample 1

Related to DISPOSAL OF AUTHORISED INVESTMENTS

  • Investments, Etc The Borrower will not, and will not permit any of its Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly-owned Subsidiary prior to such merger), any common stock, Indebtedness or other securities (including any option, warrant, or other right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, Guarantee any obligations of, or make or permit to exist any investment or any other interest in, any other Person (all of the foregoing being collectively called “Investments”), or purchase or otherwise acquire (in one transaction or a series of transactions) any assets of any other Person that constitute a business unit, except:

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing:

  • Bank Accounts; Investments Capital Contributions, revenues and any other Company funds shall, as directed by Preferred, be deposited by the Company in trading accounts (whether “regulated” or “unregulated”) established in the name of the Company. As provided by Rule 4.20(c) of the Commodity Futures Trading Commission (the “CFTC”), no other funds shall be deposited into the Company’s trading accounts or commingled with Company investments. Funds deposited in the Company’s trading accounts may be withdrawn only to be invested in furtherance of the Company’s purposes, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.

  • Permitted Investments At any time, any one or more of the following obligations and securities:

  • Permissible Investments The assets of the Plan shall be invested only in those investments which are available through the Custodian in the ordinary course of business which the Custodian may legally hold in a qualified plan and which the Custodian chooses to make available to Employers for qualified plan investments. Notwithstanding the preceding sentence, the Prototype Sponsor may, as a condition of making the Plan available to the Employer, limit the types of property in which the assets of the Plan may be invested.

  • Acceptable Investment The Company has no knowledge of any circumstances or conditions with respect to the Mortgage Loan, the Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that can reasonably be expected to cause private institutional investors to regard the Mortgage Loan as an unacceptable investment, cause the Mortgage Loan to become delinquent, or adversely affect the value or marketability of the Mortgage Loan;

  • CONCERNING MARGIN ACCOUNTS, SENIOR SECURITY ACCOUNTS, AND COLLATERAL ACCOUNTS 1. The Custodian shall, from time to time, make such deposits to, or withdrawals from, a Senior Security Account as specified in a Certificate received by the Custodian. Such Certificate shall specify the Series for which such deposit or withdrawal is to be made and the amount of cash and/or the amount and kind of Securities specifically allocated to such Series to be deposited in, or withdrawn from, such Senior Security Account for such Series. In the event that the Fund fails to specify in a Certificate the Series, the name of the issuer, the title and the number of shares or the principal amount of any particular Securities to be deposited by the Custodian into, or withdrawn from, a Senior Securities Account, the Custodian shall be under no obligation to make any such deposit or withdrawal and shall so notify the Fund.

  • Investments Make any Investments, except:

  • Acquisitions and Investments The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

Time is Money Join Law Insider Premium to draft better contracts faster.