Common use of Valuation and Sale of Investments Clause in Contracts

Valuation and Sale of Investments. (a) Obligations purchased as an investment of funds in any Indenture Account or any other separate account or fund created under the provisions of this Indenture shall be deemed at all times to be a part of such account or fund and, unless otherwise specified herein, any profit realized from the liquidation of such investment shall be credited to such Indenture Account or such other separate account or fund created hereunder, and any loss resulting from the liquidation of such investment shall be charged to the respective Indenture Account or such other separate account or fund. (b) The Trustee shall determine the value of all investments in any of the Indenture Accounts as of the last Business Day of each month, with any deficit in any account balance to be funded from Project Revenues in accordance with this Section 4.3, and any investments valued in excess of the amounts required to be on deposit in an account shall be liquidated and the amount of such excess shall be deposited in the Bond Payment Account for application in accordance with Section 5.2. (c) In computing the amount of any funds in any Indenture Account, or other separate account or fund created under the provisions of this Indenture for any purpose provided in this Indenture, obligations purchased as an investment of funds therein shall be valued at the market value of such obligations, exclusive of accrued interest; provided, however, if there is no readily determinable market value for such obligations, the value of such obligations shall be determined with reference to the acquisition price of such obligations, plus accrued but unpaid interest. (d) The Depositary Bank agrees to provide the Trustee with such information as it may reasonably have available to it in order to permit the Trustee to make such determinations and transfers as may be required by this Section 4.3.

Valuation and Sale of Investments. (a) Obligations purchased as an investment of funds in any Indenture Account or any other separate account or fund created under the provisions of this Indenture shall be deemed at all times to be a part of such account or fund and, unless otherwise specified herein, any profit realized from the liquidation of such investment shall be credited to such Indenture Account or such other separate account or fund created hereunder, and any loss resulting from the liquidation of such investment shall be charged to the respective Indenture Account or such other separate account or fund. (b) The Trustee shall determine the value of all investments in any of the Indenture Accounts as of the last Business Day of each month, with any deficit in any account balance to be funded from Project Revenues in accordance with this Section 4.3, and any investments valued in excess of the amounts required to be on deposit in an account shall be liquidated and the amount of such excess shall be deposited in the Bond Payment Account for application in accordance with Section 5.2. (c) In computing the amount of any funds in any Indenture Account, or other separate account or fund created under the provisions of this Indenture for any purpose provided in this Indenture, obligations purchased as an investment of funds therein shall be valued at the market value of such obligations, exclusive of accrued interest; providedPROVIDED, howeverHOWEVER, if there is no readily determinable market value for such obligations, the value of such obligations shall be determined with reference to the acquisition price of such obligations, plus accrued but unpaid interest. (d) The Depositary Bank agrees to provide the Trustee with such information as it may reasonably have available to it in order to permit the Trustee to make such determinations and transfers as may be required by this Section 4.3.

Valuation and Sale of Investments. (a) Obligations purchased as an investment of funds in any Indenture Project Account or any other separate account or fund created under the provisions of this Indenture hereof shall be deemed at all times to be a part of such account or fund and, unless otherwise specified herein, any profit realized from the liquidation of such investment shall be credited to such Indenture Project Account or such other separate account or fund created hereunder, and any loss resulting from the liquidation of such investment shall be charged to the respective Indenture Project Account or such other separate account or fund. (b) The Trustee Collateral Agent shall determine the value of all investments in any of the Indenture Project Accounts or the Bond Payment Account as of the last Business Day of each month, with any deficit in any account balance to be funded from Project Revenues in accordance with this Section 4.33.3, and any investments valued in excess of the amounts required to be on deposit in an account shall be liquidated and the amount of such excess shall be deposited in the Bond Payment Revenue Account for application in accordance with Section 5.23.10. (c) The Collateral Agent shall determine the value of all investments in the Debt Service Reserve Account in accordance with Section 3.12. (d) In computing the amount of any funds in any Indenture Project Account, or other separate account or fund created under the provisions of this Indenture hereof for any purpose provided in this IndentureAgreement, obligations purchased as an investment of funds therein shall be valued at the market value of such obligations, exclusive of accrued interest; providedPROVIDED, howeverHOWEVER, that if there is no readily determinable market value for such obligations, the value of such obligations shall be determined with reference to the acquisition price of such obligations, plus accrued but unpaid interest. (de) The Depositary Bank agrees to provide the Trustee Collateral Agent with such information as it may reasonably have available to it in order to permit the Trustee Collateral Agent to make such determinations and transfers as may be required by this Section 4.33.3.

Valuation and Sale of Investments. (a) Obligations purchased as an investment of funds in any Indenture Project Account or any other separate account or fund created under the provisions of this Indenture hereof shall be deemed at all times to be a part of such account or fund and, unless otherwise specified herein, any profit realized from the liquidation of such investment shall be credited to such Indenture Project Account or such other separate account or fund created hereunder, and any loss resulting from the liquidation of such investment shall be charged to the respective Indenture Project Account or such other separate account or fund. (b) The Trustee Collateral Agent shall determine the value of all investments in any of the Indenture Project Accounts or the Bond Payment Account as of the last Business Day of each month, with any deficit in any account balance to be funded from Project Revenues in accordance with this Section 4.33.3, and any investments valued in excess of the amounts required to be on deposit in an account shall be liquidated and the amount of such excess shall be deposited in the Bond Payment Revenue Account for application in accordance with Section 5.23.10. (c) The Collateral Agent shall determine the value of all investments in the Debt Service Reserve Account in accordance with Section 3.12. (d) In computing the amount of any funds in any Indenture Project Account, or other separate account or fund created under the provisions of this Indenture hereof for any purpose provided in this IndentureAgreement, obligations purchased as an investment of funds therein shall be valued at the market value of such obligations, exclusive of accrued interest; provided, however, that if there is no readily determinable market value for such obligations, the value of such obligations shall be determined with reference to the acquisition price of such obligations, plus accrued but unpaid interest. (de) The Depositary Bank agrees to provide the Trustee Collateral Agent with such information as it may reasonably have available to it in order to permit the Trustee Collateral Agent to make such determinations and transfers as may be required by this Section 4.33.3.

Valuation and Sale of Investments. (a) Obligations purchased as an investment of funds in any Indenture Project Account or any other separate account or fund created under the provisions of this Indenture hereof shall be deemed at all times to be a part of such account or fund and, unless otherwise specified herein, any profit realized from the liquidation of such investment shall be credited to such Indenture Project Account or such other separate account or fund created hereunder, and any loss resulting from the liquidation of such investment shall be charged to the respective Indenture Project Account or such other separate account or fund. (b) The Trustee Collateral Agent shall determine the value of all investments in any of the Indenture Project Accounts or the Bond Payment Account as of the last Business Day of each month, with any deficit in any account balance to be funded from Project Revenues in accordance with this Section 4.3, and any investments valued in excess of the amounts required to be on deposit in an account shall be liquidated and the amount of such excess shall be deposited in the Bond Payment Revenue Account for application in accordance with Section 5.23.8. (c) The Collateral Agent shall determine the value of all investments in the Debt Service Reserve Account in accordance with this Section 3.3. (d) In computing the amount of any funds in any Indenture Project Account, or other separate account or fund created under the provisions of this Indenture hereof for any purpose provided in this IndentureAgreement, obligations purchased as an investment of funds therein shall be valued at the market value of such obligations, exclusive of accrued interest; provided, however, that if there is no readily determinable market value for such obligations, the value of such obligations shall be determined with reference to the acquisition price of such obligations, plus accrued but unpaid interest. (de) The Depositary Bank agrees to provide the Trustee Collateral Agent with such information as it may reasonably have available to it in order to permit the Trustee Collateral Agent to make such determinations and transfers as may be required by this Section 4.33.3.