Common use of Investment of Funds Deposited in Collateral Account Clause in Contracts

Investment of Funds Deposited in Collateral Account. The Collateral Agent shall use reasonable efforts to invest and reinvest moneys on deposit in the Collateral Account at any time in:

Appears in 2 contracts

Samples: Term Credit Agreement (Pillowtex Corp), Credit Agreement (Pillowtex Corp)

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Investment of Funds Deposited in Collateral Account. The Collateral Agent shall use reasonable efforts to invest and reinvest moneys on deposit in the Collateral Account Accounts at any time in:in Cash Equivalents as directed in writing by the relevant Grantor. In the absence of such directions, moneys shall remain

Appears in 1 contract

Samples: Note Security Agreement (Cellu Tissue Holdings, Inc.)

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Investment of Funds Deposited in Collateral Account. The Collateral Agent shall use reasonable efforts to invest and reinvest moneys on deposit in the Collateral Account at any time in:

Appears in 1 contract

Samples: Credit Agreement (Global Industrial Technologies Inc)

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