Common use of Investment of Funds in Management Accounts Clause in Contracts

Investment of Funds in Management Accounts. The Manager shall have the right to invest and reinvest funds deposited in any Management Account in Eligible Investments. All income or other gain from such Eligible Investments will be credited to the related Management Account, and any loss resulting from such investments will be charged to the related Management Account. The Investment Income (net of losses and expenses) attributable to the amount on deposit in the Management Accounts will be withdrawn on or prior to the Business Day preceding each Quarterly Payment Date for deposit to the Collection Account for application as Collections in respect of such Quarterly Payment Date.

Appears in 4 contracts

Samples: Management Agreement, Management Agreement (Dine Brands Global, Inc.), Management Agreement (Dine Brands Global, Inc.)

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Investment of Funds in Management Accounts. The Manager shall have the right to invest and reinvest funds deposited in any Management Account in Eligible InvestmentsInvestments maturing no later than the Business Day preceding each Weekly Allocation Date. All income or other gain from such Eligible Investments will be credited to the related Management Account, and any loss resulting from such investments will be charged to the related Management Account. The Investment Income (net of losses and expenses) attributable to the amount available on deposit in the Management Accounts will be withdrawn on or prior to the Business Day preceding each Quarterly Payment Weekly Allocation Date for deposit to the Collection Account for application as Collections in respect of on such Quarterly Payment Weekly Allocation Date.

Appears in 3 contracts

Samples: Management Agreement (Yum Brands Inc), Management Agreement, Management Agreement (Yum Brands Inc)

Investment of Funds in Management Accounts. The Manager shall have the right to invest and reinvest funds deposited in any Management Account in Eligible InvestmentsInvestments maturing no later than the Business Day preceding each Weekly Allocation Date. All income or other gain from such Eligible Investments will shall be credited to the related Management Account, and any loss resulting from such investments will shall be charged to the related Management Account. The Investment Income (net of losses and expenses) attributable to the amount available on deposit in the Management Accounts will shall be withdrawn on or prior to the Business Day preceding each Quarterly Payment Weekly Allocation Date for deposit to the Collection Account for application as Collections in respect of on such Quarterly Payment Weekly Allocation Date.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement (Wingstop Inc.)

Investment of Funds in Management Accounts. The Manager shall have the right to invest and reinvest funds deposited in any Management Account in Eligible InvestmentsInvestments maturing no later than the Business Day preceding each Weekly Allocation Date. All income or other gain from such Eligible Investments will be credited to the related Management Account, and any loss resulting from such investments will be charged to the related Management Account. The Investment Income (net of losses and expenses) attributable to the amount available on deposit in the Management Accounts will shall be withdrawn on or prior to the Business Day preceding each Quarterly Payment Weekly Allocation Date for deposit to the Collection Account for application as Collections in respect of on such Quarterly Payment Weekly Allocation Date.

Appears in 1 contract

Samples: Management Agreement (Dine Brands Global, Inc.)

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Investment of Funds in Management Accounts. The Manager shall have the right to invest and reinvest funds deposited in any Management Account in Eligible InvestmentsInvestments maturing no later than the Business Day preceding each Weekly Allocation Date. All income or other gain from such Eligible Investments will shall be credited to the related Management Account, and any loss resulting from such investments will shall be charged to the related Management Account. The Investment Income (net of losses and expenses) attributable to the amount available on deposit in the Management Accounts will shall be withdrawn on or prior to the Business Day preceding each Quarterly Payment Weekly Allocation Date for deposit to the Collection Account for application as Collections in respect of on such Quarterly Payment Weekly Allocation Date.. (d)

Appears in 1 contract

Samples: Management Agreement

Investment of Funds in Management Accounts. The Manager shall have the right to invest and reinvest funds deposited in any Management Account in Eligible InvestmentsInvestments maturing no later than the Business Day preceding each Weekly Allocation Date. All income or other gain from such Eligible Investments will be credited to the related Management Account, and any loss resulting from such investments will be charged to the related Management Account. The Investment Income (net of losses and expenses) attributable to the amount available on deposit in the Management Accounts will be withdrawn on or prior to the Business Day preceding each Quarterly Payment Weekly Allocation Date for deposit to the Collection Account for application as Collections in respect of on such Quarterly Payment Weekly Allocation Date.

Appears in 1 contract

Samples: Management Agreement (Driven Brands Holdings Inc.)

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