Setting TargetEngine on Panel Initialization Script

I've tried running a script on Initialization that creates an object that is referenced by further script calls from the panel. This works well when just running scripts, but it seems Configurator doesn't honor the TargetEngine and thus doesn't keep the object for the duration of the session.

Simplified code of what I'm trying to do:

Then future script calls reference the interpolate object

Any I missing something, can Configurator do this?

Thank you,

Brandon Boswell