Amounts Held Sample Clauses
The "Amounts Held" clause defines how funds or assets that are temporarily retained by one party, often as security or pending fulfillment of certain conditions, are to be managed during the course of an agreement. Typically, this clause outlines the circumstances under which amounts may be held, the obligations regarding their safekeeping, and the process for their eventual release or return, such as holding a deposit until contract completion or dispute resolution. Its core function is to provide clear rules for handling retained amounts, thereby protecting both parties’ interests and reducing the risk of disputes over funds held during the contractual relationship.
Amounts Held. So long as no Default or Event of Default has occurred and is continuing, any amount held by Lessor or Indenture Trustee, as the case may be, until application by Lessor or Indenture Trustee, as the case may be, pursuant to this Section 12 shall be invested as provided in Section 21(h) hereof.
Amounts Held. 77 (j) After the Term............................................... 77 ii 4 Page (k) Governmental Indemnity....................................... 78 Section 13. General Indemnity........................................ 78 Section 14. Liens.................................................... 83 Section 15. Protection of Title and Further Assurances............... 85
Amounts Held. 78 (j) After the Term . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 (k) Governmental Indemnity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 Section 13. General Indemnity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 Section 14. Liens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 (ii) 4
Amounts Held. 80 (j) After the Term.................................................... 81 (k)
Amounts Held. 72 (j) After the Term....................................................................... 72 (k)
Amounts Held. 80 (j) After the Term . . . . . . . . . . . . . . . . . . . . . 80 (k) Governmental Indemnity . . . . . . . . . . . . . . . . . 81 Section 13. General Indemnity . . . . . . . . . . . . . . . . . . . . 81 Section 14. Liens . . . . . . . . . . . . . . . . . . . . . . . . . . 86 Section 15. Protection of Title and Further Assurances . . . . . . . 87