Common use of Investment of Cash Proceeds Clause in Contracts

Investment of Cash Proceeds. Prior to the application of the proceeds of the Security Property in accordance with Clause 16.1 (Order of application) the Security Agent may, in its discretion, hold all or part of any cash proceeds in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those monies in the Security Agent's discretion in accordance with the provisions of this Clause 16.

Investment of Cash Proceeds. Prior to the application of the proceeds of the Security Property in accordance with Clause 16.1 (Order of application) the Security Agent may, in its discretion, hold all or part of any cash proceeds Cash Proceeds in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those monies in the Security Agent's discretion in accordance with the provisions of this Clause 16.

Investment of Cash Proceeds. Prior to the application of the proceeds of the Security Property in accordance with Clause 16.1 14.1 (Order of applicationApplication) the Security Agent may, in its sole discretion, hold all or part of any cash proceeds Cash Proceeds in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest interest, if any, being credited to the relevant account) pending the application from time to time of those monies in the Security Agent's ’s discretion in accordance with the provisions of this Clause 1614.

Investment of Cash Proceeds. Prior to the application of the proceeds of the Security Property in accordance with Clause 16.1 17.1 (Order of application) the Security Agent may, in its discretion, hold all or part of any cash proceeds in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those monies in the Security Agent's ’s discretion in accordance with the provisions of this Clause 1617.

Investment of Cash Proceeds. Prior to the application of the proceeds of the Security Property in accordance with Clause 16.1 15.1 (Order of applicationApplication) the Security Agent may, in its discretion, hold all or part of any cash proceeds Cash Proceeds in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the market standard interest being credited to the relevant account) pending the application from time to time of those monies in the Security Agent's ’s discretion in accordance with the provisions of this Clause 1615.

Investment of Cash Proceeds. Prior to the application of the proceeds of the Security Property in accordance with Clause 16.1 17.1 (Order of applicationApplication) the Security Agent may, in its discretion, hold all or part of any cash proceeds in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those monies in the Security Agent's ’s discretion in accordance with the provisions of this Clause 1617.

Investment of Cash Proceeds. Prior to the application of the proceeds of the Security Property in accordance with Clause 16.1 (Order of application) the Security Agent may, in its discretion, hold all or part of any cash proceeds Cash Proceeds in one or more interest bearing suspense or impersonal accounts account(s) in the name of the Security Agent with such financial institution (including itself) and for so long long, as the Security Agent shall think fit (the interest being credited to the relevant account) pending the application from time to time of those monies in the Security Agent's ’s discretion in accordance with the provisions of this Clause 16.