Common use of Investment Income Clause in Contracts

Investment Income. On or prior to 4:30 p.m. (Eastern time) on the Business Day prior to each Interim Allocation Date, the Master Issuer (or the Manager on its behalf) shall instruct the Trustee in writing to transfer any Investment Income on deposit in the Indenture Trust Accounts (other than the Collection Account) to the Collection Account for application as Collections on that Interim Allocation Date.

Appears in 3 contracts

Samples: Base Indenture (Planet Fitness, Inc.), Supplement to Indenture (Planet Fitness, Inc.), Base Indenture (Planet Fitness, Inc.)

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Investment Income. On or prior to 4:30 p.m. (Eastern time) on the Business Day prior to each Interim Weekly Allocation Date, the Master Issuer (or the Manager on its behalf) shall instruct the Trustee in writing to transfer any Investment Income on deposit in the Indenture Trust Accounts (other than the Collection Account) to the Collection Account for application as Collections on that Interim Weekly Allocation Date.

Appears in 1 contract

Samples: Base Indenture (European Wax Center, Inc.)

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