Common use of Amounts Held in Trust Clause in Contracts

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.

Appears in 10 contracts

Samples: Indenture (Arbor Realty Trust Inc), Indenture (LoanCore Realty Trust, Inc.), Arbor (Arbor Realty Trust Inc)

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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 105 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.

Appears in 1 contract

Samples: Indenture (Arbor Realty Trust Inc)

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