Amounts Held in Trust. Amounts held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any amounts received by it hereunder except as otherwise agreed upon with the Issuer and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.
Amounts Held in Trust. The provisions of this Section shall not be applicable to any amounts of principal, premium, if any, and interest and Deferred Interest, if any, or any amounts in connection with any applicable sinking fund or redemption provisions or payment of any other sums due on any such Securities, in respect of any of the Securities for the payment of which funds have been deposited in trust with the Subordinated Trustee or any Paying Agent or have been set aside by the Issuer in trust in accordance with the provisions of this Subordinated Indenture; provided, however, that at the time of such deposit or setting aside, and immediately thereafter, the foregoing provisions of this Section are complied with.
Amounts Held in Trust. Amounts held by the Note Administrator hereunder shall be held in trust to the extent required herein. The Note Administrator shall be under no liability for interest on any amounts received by it hereunder.
Amounts Held in Trust. Amounts held by the Loan Agent hereunder shall be held to the extent required herein. The Loan Agent shall be under no liability for interest on any amounts received by it hereunder, except in its capacity as the Securities Intermediary to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Loan Agent in its commercial capacity.
Amounts Held in Trust. If, for any reason whatsoever, the Sponsor receives any payment or distribution contrary to the provisions of this Article III, then the Sponsor shall hold the same in trust for the Debenture Trustee and, promptly notify the Debenture Trustee of the receipt of such payment or distribution
Amounts Held in Trust. If, for any reason whatsoever, any Sponsor Party receives any payment or distribution contrary to the provisions of this Section 3 (Subordination and Deferment Provisions), then such Sponsor Party shall hold the same in trust for the Secured Parties, promptly notify the Secured Parties of the receipt of such payment or distribution and promptly pay the amount of such payment or distribution to the Secured Parties or, if the Secured Parties so elect, to any bank nominated by the Secured Parties, to hold for the account of the Secured Parties. Any amount so received by the Secured Parties may be applied by the Secured Parties towards the payment of any amount outstanding under any Financing Document, in such manner as directed by the Secured Parties.
Amounts Held in Trust. Any amounts received by the Buyer after the Closing with respect to any Excluded Asset shall be held by the Buyer in trust for the Seller until promptly paid to the Seller. Likewise, any amounts received by the Seller after the Closing with respect to any Purchased Asset shall be held by the Seller in trust for the Buyer until promptly paid to the Buyer. Any such money received by Buyer or Seller shall be paid over to the proper party within five (5) business days after receipt.
Amounts Held in Trust. Any amounts received by the Corporation after the Closing with respect to any Transferred Asset shall be held by the Corporation in trust for the Owners until promptly (not later than 15 days) paid to the Owners. Likewise, any amounts received by the Owners after the Closing payable to the Corporation (other than with respect to the Transferred Assets) shall be held by the Owners in trust for the Buyer or Corporation until promptly (not later than 15 days) paid to the Buyer or Corporation, as appropriate.
Amounts Held in Trust. Subject to section 1.6, if any money, income, proceed or other benefit, of any nature or kind whatsoever, is received by the Pledgor in respect of any of the Collateral, the Pledgor shall receive such money, income, proceed or other benefit in trust for the Agent, shall segregate such money, income, proceed or other benefit from its other property or funds and shall forthwith upon receipt thereof assign, transfer, set over and deliver the same to the Agent to be held by the Agent, for and on behalf of and for the benefit of the Lenders, as general and continuing security to secure payment of the Obligations in accordance with the terms hereof and the Agent, as the Agent in its uncontrolled discretion may determine, may deal with such amounts or benefits in accordance with the provisions hereof.
Amounts Held in Trust. Subject to the provisions of Section 11.05, all amounts received by the Indenture Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Indenture Trustee shall be under no liability for interest on any amounts received by it hereunder except such as it may agree in writing with the Company to pay thereon.