Hedge Collateral Authorised Investments means investments in which Hedge Collateral may be held or invested pursuant to the relevant Hedge Agreement;
Authorised Investments means investments authorised by the instrument, if any, creating the trust for the investment of money subject to the trust, or by law;
Hedge Collateral Defined in Section 5.3(b).
Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.
Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.
Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.
Permitted Investments means:
Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).