Common use of INVESTMENT OF MONEYS IN FUND Clause in Contracts

INVESTMENT OF MONEYS IN FUND. Any moneys in any fund or account held by the Trustee shall, at the written request of the Authorized Representative of the Borrower, be invested or reinvested by the Trustee as provided in the Indenture. Such investments shall be held by the Trustee and shall be deemed at all times a part of the fund or account from which such investments were made, and the interest accruing thereon, and any profit or loss realized therefrom, shall be credited or charged to such fund or account.

INVESTMENT OF MONEYS IN FUND. Any moneys in any fund or account held by the Trustee shall, at the written request of the an Authorized Representative of the Borrower, be invested or reinvested by the Trustee as provided in the Indenture. Such investments shall be held by the Trustee and shall be deemed at all times a part of the fund or account from which such investments were made, and the interest accruing thereon, and any profit or loss realized therefrom, shall be credited or charged to such fund or account.