Restricted Investment Accounts Sample Clauses

Restricted Investment Accounts. Each Grantor may establish one or more restricted investment accounts (each, a "Restricted Investment Account") with Secured Party or any of its Subsidiaries in the name of such Grantor. The terms of any Restricted Investment Accounts shall be set forth in the applicable investment account agreement between such Grantor and Secured Party or its Subsidiary, as the case may be, provided, -------- that in the event of any conflict between the terms of such investment account agreement and this Agreement, this Agreement shall control. The Restricted Investment Accounts shall be under the sole dominion and control of Secured Party and Grantors shall have no access to or any right to draw upon or withdraw any funds from any such Restricted Investment Accounts without the prior consent of Secured Party in each instance. Consent of the Secured Party given in one or more instances shall not be deemed a waiver of any of the provisions hereof. Notwithstanding the foregoing, Secured Party and Lenders hereby consent to transfers from the Restricted Investment Accounts to any Deposit Account maintained with Secured Party (other than a Governmental Health Receivable Collection Account). All funds in the Restricted Investment Accounts in name of any Grantor are the property of such Grantor. All Restricted Investment Accounts and all financial assets therein constitute Collateral hereunder and are subject to the security interest created herein in favor of the Secured Party for the benefit of the Secured Parties.
Sample 1
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Restricted Investment Accounts 
Sample 1

Related to Restricted Investment Accounts

  • Restricted Investment Make or have, or permit any Subsidiary of Borrower to make or have, any Restricted Investment.

  • Restricted Investments Make any Restricted Investment.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Investment Account The Manager shall maintain an investment account or accounts in the Manager’s name (the “Account”) on behalf of the Principal, any other participating insurer affiliated with the Principal and/or the Ultimate Parent Company, an insurance subsidiary or affiliate of the Principal and/or the Ultimate Parent Company or a pension plan or profit-sharing plan of the Principal, its insurance subsidiaries or affiliates, (collectively, the “Participants”), and shall hold therein all debt obligations, accounts or deposits permitted by the New Hampshire Insurance Code as more fully described on Exhibit A, as may be amended from time to time, and attached hereto and incorporated herein (collectively, “Investments”), deposited in or purchased or otherwise acquired for and on behalf of the Principal and the Participants from time to time pursuant to the terms and conditions of this Agreement. All Investments in the Account shall be Short-Term Obligations.

  • Permitted Investments At any time, any one or more of the following obligations and securities:

  • The Investment Account; Eligible Investments (a) Not later than the Withdrawal Date, the Master Servicer shall withdraw or direct the withdrawal of funds in the Custodial Accounts for P&I, for deposit in the Investment Account, in an amount representing:

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

  • Bank Accounts; Investments Capital Contributions, revenues and any other Company funds shall, as directed by Preferred, be deposited by the Company in trading accounts (whether “regulated” or “unregulated”) established in the name of the Company. As provided by Rule 4.20(c) of the Commodity Futures Trading Commission (the “CFTC”), no other funds shall be deposited into the Company’s trading accounts or commingled with Company investments. Funds deposited in the Company’s trading accounts may be withdrawn only to be invested in furtherance of the Company’s purposes, to pay Company debts or obligations or to be distributed to the Members pursuant to this Agreement.

  • Distributions; Capital Change; Restricted Investments Neither the Borrower nor any of its Subsidiaries shall (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions to the Borrower by its Subsidiaries, (ii) make any change in its capital structure which could have a Material Adverse Effect or issue any capital stock other than common stock or (iii) make any Restricted Investment.

  • Eligible Investments The following are Eligible Investments:

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