Investment of Amounts on Deposit in Series Accounts. (a) To the extent there are uninvested amounts deposited in the Series Accounts, the Issuer shall cause such amounts to be invested in Permitted Investments selected by the Issuer that mature no later than the following Transfer Date.
Appears in 39 contracts
Samples: Dealer Floorplan Master Note (CDF Funding, Inc.), Dealer Floorplan Master Note (CDF Funding, Inc.), Dealer Floorplan Master Note (CDF Funding, Inc.)
Investment of Amounts on Deposit in Series Accounts. (a) To the extent there are uninvested amounts deposited in the Series Accounts, the Issuer shall cause such amounts to be invested in Permitted Investments selected by the Issuer that mature no later than the following Transfer Date. Funds deposited to any Series Account for payment or transfer on the related Payment Date shall not be invested.
Appears in 1 contract
Samples: Synchrony Financial
Investment of Amounts on Deposit in Series Accounts. (a) To the extent there are uninvested amounts deposited in the Series Accounts, the Issuer shall cause such amounts to be invested in Permitted Investments selected by the Issuer that mature no later than the following Transfer Date, Funds deposited to any Series Account for payment or transfer on the related Payment Date shall not be invested.
Appears in 1 contract
Samples: Synchrony Financial
