Common use of Investing of Amounts in the L/C Cash Collateral Account Clause in Contracts

Investing of Amounts in the L/C Cash Collateral Account. If requested by the Borrower, the Administrative Agent will, subject to the provisions of Section 7 and Section 20, from time to time invest (a) amounts on deposit in the L/C Cash Collateral Account in such Cash Equivalents as the Borrower may select, in each case which investments shall be made in the name of the Administrative Agent on behalf of the Borrower, and (b) interest paid on the Cash Equivalents referred to in clause (a) above, and reinvest other proceeds of any such Cash Equivalents that may mature or be sold, in each case in such Cash Equivalents as the Borrower may select, in each case which investments shall be made in the name of the Administrative Agent on behalf of the Borrower (the Cash Equivalents referred to in clauses (a) and (b) above being collectively "Collateral Investments"). Interest and proceeds that are not invested or reinvested in Collateral Investments as provided above shall be deposited and held in the L/C Cash Collateral Account.

Investing of Amounts in the L/C Cash Collateral Account. If requested by the Borrower, the Administrative Agent will, subject to the provisions of Section 7 and Section 20, from time to time invest (a) amounts on deposit in the L/C Cash Collateral Account in such Cash Equivalents as the Borrower may selectselect and the Administrative Agent may approve, in each case which investments shall be made in the name of the Administrative Agent on behalf of the Borrower, and (b) interest paid on the Cash Equivalents referred to in clause (a) above, and reinvest other proceeds of any such Cash Equivalents that may mature or be sold, in each case in such Cash Equivalents as the Borrower may selectselect and the Administrative Agent may approve in its reasonable discretion, in each case which investments shall be made in the name of the Administrative Agent on behalf of the Borrower (the Cash Equivalents referred to in clauses (a) and (b) above being collectively "Collateral Investments"). Interest and proceeds that are not invested or reinvested in Collateral Investments as provided above shall be deposited and held in the L/C Cash Collateral Account.

Investing of Amounts in the L/C Cash Collateral Account. If requested by the Borrower, the Administrative Agent will, subject to the provisions of Section 7 and Section 20, from time to time invest (a) invest amounts on deposit in the L/C Cash Collateral Account in such Cash Equivalents as the Borrower may select, in each case which investments shall be made in the name of the Administrative Agent on behalf of or as to which all action required by Section 9 shall have been taken as the Borrower, Borrower may select and the Administrative Agent may approve and (b) invest interest paid on the Cash Equivalents referred to in clause (a) above, and reinvest other proceeds of any such Cash Equivalents that may mature or be sold, in each case in such Cash Equivalents as the Borrower may select, in each case which investments shall be made in the name of the Administrative Agent on behalf of or as to which all actions required by Section 9 shall have been taken as the Borrower may select and the Administrative Agent may approve (the Cash Equivalents referred to in clauses (a) and (b) above being collectively "Collateral Investments"). Interest and proceeds that are not invested or reinvested in Collateral Investments as provided above shall be deposited and held in the L/C Cash Collateral Account.