Investment of Cash Posted Collateral Sample Clauses
The "Investment of Cash Posted Collateral" clause defines how cash provided as collateral in a financial transaction may be invested by the party holding it. Typically, this clause outlines the permitted types of investments, such as government securities or money market funds, and may specify requirements for liquidity, credit quality, or the process for allocating any income generated from such investments. Its core practical function is to ensure that the interests of both parties are protected by setting clear rules for the management and potential returns on posted cash collateral, thereby reducing disputes and clarifying responsibilities.
Investment of Cash Posted Collateral. Cash Posted Collateral shall be invested in Permitted Investments as directed by Party A, with gains and losses incurred in respect of such investments to be for the account of Party A, subject to the following parameters: the Cash Posted Collateral shall be invested in such overnight (or redeemable within two Local Business Days of demand) investments rated at least (x) AAAm or AAAm-G by S&P and (y) Prime -1 or Aaa by Moody's as directed by Party A (provided, that such investment shall be held uninvested or invested at the direction of Party B if an Event of Default or an Additional Termination Event has occurred with respect to which Party A is the defaulting or sole Affected Party and Party B has designated an Early Termination Date with respect thereto). Such instructions may be delivered as standing instructions.
Investment of Cash Posted Collateral. Cash Posted Collateral shall be invested in Eligible Investments as directed by Party A. Such instructions may be delivered as standing instructions.
Investment of Cash Posted Collateral. Posted Collateral in the form of Cash shall be invested in Permitted Investments as directed by the Pledgor, with gains and losses incurred in respect of such investments to be for the account of the Pledgor, subject to the following parameters: the Posted Collateral in the form of Cash shall be invested in such overnight (or redeemable within two Local Business Days of demand) investments meeting at least two of the following ratings requirements by the respective Rating Agencies (of which one shall be S&P if the Certificates are rated by S&P) (x) AAAm or AAAm-G by S&P, (y) Prime -1 or Aaa by Moody's, and (z) 'AAA'/'F1' by Fitch, as directed by the Pledgor (provided, that such investment shall be held uninvested or invested at the direction of the Secured Party if an Event of Default or an Additional Termination Event has occurred with respect to which the Pledgor is the defaulting or sole Affected Party and the Secured Party has designated an Early Termination Date with respect thereto). Such instructions may be delivered as standing instructions.
Investment of Cash Posted Collateral. Cash Posted Collateral shall be invested in Permitted Investments as directed by Party A. Such instructions may be delivered as standing instructions, with gains and losses incurred in respect of such investments to be for the account of Party A, subject to the following parameters: the Cash Posted Collateral shall be invested in such overnight (or redeemable within two Local Business Days of demand) investments rated at least A-1+ by S&P and Prime -1 by Moody's or AAAm or AAAmG by S&P and Aaa by Moody's as direct▇▇ ▇▇ ▇arty A (provided, that such investme▇▇ ▇▇▇▇l be held uninvested or invested at the direction of Party B if an Event of Default or an Additional Termination Event has occurred with respect to which Party A is the defaulting or sole Affected Party and Party B has designated an Early Termination Date with respect thereto). Such instructions may be delivered as standing instructions.