Common use of Investment of Trust Funds Clause in Contracts

Investment of Trust Funds. The provisions of this Article V apply only to funds or Trust Property that have been released from the lien of the Indenture and are permitted to be held or applied by the Trust. Unless otherwise directed in writing by the Beneficiary Trustees, funds or Trust Property released by the Bond Trustee to the Trust or funds in the possession of the Trust shall be invested and reinvested by the Trustees (or by an independent investment manager appointed in writing by the Beneficiary Trustees) in Eligible Investments.

Investment of Trust Funds. The provisions of this Article V apply only to funds or Trust Property that have been released from the lien of security interest created by the Indenture Loan Funding and Servicing Agreement and are permitted to be held or applied by the Trust. Unless otherwise directed in writing by the Beneficiary TrusteesTrustee, funds or Trust Property released by the Bond Trustee Deal Agent to the Trust or funds in the possession of the Trust shall be invested and reinvested by the Trustees Beneficiary Trustee (or by an independent investment manager appointed in writing by the Beneficiary TrusteesTrustee) in Eligible Investments.

Investment of Trust Funds. The provisions of this Article V apply only to funds or Trust Property that have been released from the lien of security interest created by the Indenture Loan Funding and Servicing Agreement and are permitted to be held or applied by the Trust. Unless otherwise directed in writing by the Beneficiary TrusteesTrustee, funds or Trust Property released by the Bond Trustee Agent to the Trust or funds in the possession of the Trust shall be invested and reinvested by the Trustees Beneficiary Trustee (or by an independent investment manager appointed in writing by the Beneficiary TrusteesTrustee) in Eligible Investments.

Investment of Trust Funds. The provisions of this Article V apply only to funds or Trust Property that have been released from the lien of the Indenture and are permitted to be held or applied by the Trust. Unless otherwise directed in writing by the Beneficiary Trustees, funds or Trust Property released by the Bond Note Trustee to the Trust or funds in the possession of the Trust shall be invested and reinvested by the Beneficiary Trustees (or by an independent investment manager appointed in writing by the Beneficiary Trustees) in Eligible Investments.