Common use of Investment of Funds in the Issuer Accounts Clause in Contracts

Investment of Funds in the Issuer Accounts. (a) Funds credited to the Issuer Accounts will (unless otherwise stated in this Indenture or the applicable Indenture Supplement) be invested and reinvested by the Indenture Trustee at the written direction of the Issuer (or its agents appointed as provided below) in one or more Eligible Investments, which written direction shall be provided to the Indenture Trustee not later than 10:30 a.m. (New York City time) on the date such investment is to be made. The Issuer may appoint as its agent under a separate agreement a registered investment advisor and authorize such agent to give instructions, which may be provided to the Indenture Trustee through S.W.I.F.T., on behalf of the Issuer to the Indenture Trustee for funds to be invested and reinvested in one or more Eligible Investments. The Issuer shall provide the Indenture Trustee with a written direction certifying any such appointment. The Indenture Trustee shall be entitled to conclusively rely on, and shall be protected in acting upon, instructions, which may be provided to the Indenture Trustee through S.W.I.F.T., received from such agent on behalf of the Issuer. The Issuer (or its agent appointed pursuant to the preceding sentence) may authorize the Indenture Trustee to make specific investments pursuant to written instructions, in such amounts as the Issuer will specify. Notwithstanding the foregoing, funds held by the Indenture Trustee in any of the Issuer Accounts will be invested in Eligible Investments that will mature so that such funds shall be available for withdrawal on or prior to the following Note Transfer Date.

Investment of Funds in the Issuer Accounts. (a) Funds credited to the Issuer Accounts will (unless otherwise stated in this Indenture or the applicable Indenture Supplement) be invested and reinvested by the Indenture Trustee at the written direction of the Issuer (or its agents appointed as provided below) in one or more Eligible Investments, which written direction shall be provided to the Indenture Trustee not later than 10:30 a.m. (New York City time) on the date such investment is to be made. The Issuer may appoint as its agent under a separate agreement a registered investment advisor and authorize such agent to give instructions, which may be provided to the Indenture Trustee through S.W.I.F.T., instructions on behalf of the Issuer to the Indenture Trustee for funds to be invested and reinvested in one or more Eligible Investments. The Issuer shall provide the Indenture Trustee with a written direction certifying any such appointment. The Indenture Trustee shall be entitled to conclusively rely on, and shall be protected in acting upon, instructions, which may be provided to the Indenture Trustee through S.W.I.F.T., instructions received from such agent on behalf of the Issuer. The Issuer (or its agent appointed pursuant to the preceding sentence) may authorize the Indenture Trustee to make specific investments pursuant to written instructions, in such amounts as the Issuer will specify. Notwithstanding the foregoing, funds held by the Indenture Trustee in any of the Issuer Accounts will be invested in Eligible Investments that will mature so that such funds shall be available for withdrawal on or prior to the following Note Transfer Date.

Investment of Funds in the Issuer Accounts. (a) Funds credited to the Issuer Accounts will (unless otherwise stated in this Indenture or the applicable Indenture Supplement) be invested and reinvested by the Indenture Trustee at the written direction of the Issuer (or its agents appointed as provided below) Servicer in one or more Eligible Investments, which written direction shall be provided to the Indenture Trustee not later than 10:30 a.m. (New York City time) on the date such investment is to be made. The Issuer Servicer may appoint as its agent under a separate agreement a registered investment advisor and authorize such agent to give instructions, which may be provided to the Indenture Trustee through S.W.I.F.T., instructions on behalf of the Issuer Servicer to the Indenture Trustee for funds to be invested and reinvested in one or more Eligible Investments. The Issuer Servicer shall provide the Indenture Trustee with a written direction certifying any such appointment. The Indenture Trustee shall be entitled to conclusively rely on, and shall be protected in acting upon, instructions, which may be provided to the Indenture Trustee through S.W.I.F.T., instructions received from such agent on behalf of the IssuerServicer. The Issuer Servicer (or its agent appointed pursuant to the preceding sentence) may authorize the Indenture Trustee to make specific investments pursuant to written instructions, in such amounts as the Issuer will specify. Notwithstanding the foregoing, funds held by the Indenture Trustee in any of the Issuer Accounts will be invested in Eligible Investments that will mature so that such funds shall be available for withdrawal on or prior to the following Note Transfer Date.