Common use of Investment of Moneys in Funds Clause in Contracts

Investment of Moneys in Funds. Any moneys in any fund held by the Trustee shall, at the written request of an Authorized Borrower Representative, 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 from which such investments were made, and the interest accruing thereon and any profit or loss realized therefrom shall, except as otherwise provided in the Indenture, be credited or charged to such fund.

Appears in 4 contracts

Samples: Loan Agreement (Sempra Energy), Loan Agreement (San Diego Gas & Electric Co), Loan Agreement (San Diego Gas & Electric Co)

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Investment of Moneys in Funds. Any moneys in any fund held by the Trustee shall, at the written request of an the Authorized Borrower Representative, 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 from which such investments were made, and the interest accruing thereon and any profit or loss realized therefrom shall, except as otherwise provided in the Indenture, be credited or charged to such fund.or

Appears in 1 contract

Samples: Loan Agreement (Southern California Water Co)

Investment of Moneys in Funds. Any moneys in any fund held by the Trustee shall, to the extent permitted under the Indenture, at the written request of an Authorized Borrower Representative, 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 from which such investments were made, and the interest accruing thereon and any profit or loss realized therefrom shall, except as otherwise provided in the Indenture, be credited or charged to such fund.

Appears in 1 contract

Samples: Loan Agreement (Mercury Air Group Inc)

Investment of Moneys in Funds. Any moneys in any fund or account held by the Trustee shall, at the written request of an Authorized Borrower RepresentativeRepresentative 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 thereon, and any profit or loss realized therefrom shalltherefrom, except as otherwise provided in the Indenture, shall be credited or charged to such fundfund or account.

Appears in 1 contract

Samples: Loan Agreement (Allied Waste Industries Inc)

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Investment of Moneys in Funds. Any moneys in any fund held by the Trustee shall, at the written request of an Authorized Borrower Representative, 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 from which such investments were made, and the interest accruing thereon and any profit or loss realized therefrom shall, except as otherwise provided in the Indenture, be credited or charged to such fund.. SECTION 3.3

Appears in 1 contract

Samples: Loan Agreement (Enova Corp)

Investment of Moneys in Funds. Any moneys in any fund or account held by the Trustee shall, at the specific written request of an Authorized Borrower RepresentativeRepresentative of the Company, 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 thereon, and any profit or loss realized therefrom shalltherefrom, except as otherwise provided in the Indenture, shall be credited or charged to such fundfund or account.

Appears in 1 contract

Samples: Loan Agreement (Covanta Holding Corp)

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