Common use of Application by Trustee of Amounts Deposited with It Clause in Contracts

Application by Trustee of Amounts Deposited with It. Amounts deposited in trust with the Trustee pursuant to and in accordance with Section 2.05 shall be for the sole benefit of Holders of the Notes, and shall not be subject to the subordination provisions of this Article 10. Otherwise, any deposit of assets with the Trustee or the Paying Agent (whether or not in trust) for the payment with respect to any Notes shall be subject to the provisions of Sections 10.01, 10.02 and 10.03; provided that if prior to two Business Days preceding the date on which by the terms of this Indenture any such assets may become distributable for any purpose (including without limitation, the payment with respect to any Note), the Trustee or such Paying Agent shall not have received with respect to such assets the written notice provided for in Section 10.05, then the Trustee or such Paying Agent shall have full power and authority to receive such assets and to apply the same to the purpose for which they were received, and shall not be affected by any notice to the contrary that may be received by it on or after such date; and provided further that nothing contained in this Article 10 shall prevent the Company from making, or the Trustee from receiving or applying, any payment in connection with the redemption of Notes if the first publication of notice of such redemption (whether by mail or otherwise in accordance with this Indenture) has been made, and the Trustee has received such payment from the Company, prior to the occurrence of any of the contingencies specified in Section 10.02 or 10.03.

Application by Trustee of Amounts Deposited with It. Amounts deposited in trust with the Trustee pursuant to and in accordance with Section 2.05 shall be for the sole benefit of Holders of the Notes, and shall not be subject to the subordination provisions of this Article 10. Otherwise, any Any deposit of assets with the Trustee or the Paying Agent (whether or not in trust) for the payment of principal of or interest on or any Liquidated Damages with respect to any Notes shall be subject to the provisions of Sections 10.0115.01, 10.02 15.02, 15.03 and 10.0315.04; provided that if prior to two Business Days preceding the date on which by the terms of this Indenture any such assets may become distributable for any purpose (including including, without limitation, the payment of either principal of or interest on or any Liquidated Damages with respect to any Note), the Trustee or such Paying Agent shall not have received with respect to such those assets the written notice provided for in Section 10.0515.06, then the Trustee or such Paying Agent shall have full power and authority to receive such those assets and to apply the same to the purpose for which they were received, and shall not be affected by any notice to the contrary that may be received by it on or after such that date; and provided further that nothing contained in this Article 10 XV shall prevent the Company from making, or the Trustee from receiving or applying, any payment in connection with the redemption of Notes if the first publication of notice of such that redemption (whether by mail or otherwise in accordance with this Indenture) has been made, and the Trustee has received such that payment from the Company, prior to the occurrence of any of the contingencies specified in Section 10.02 15.02 or 10.0315.03.

Application by Trustee of Amounts Deposited with It. Amounts deposited in trust with the Trustee pursuant to and in accordance with Section 2.05 shall be for the sole benefit of Holders of the Notes, and shall not be subject to the subordination provisions of this Article 10. Otherwise, any Any deposit of assets with the Trustee or the Paying Agent (whether or not in trust) for the payment of principal of or interest on (or any Principal Return with respect to to) any Notes shall be subject to the provisions of Sections 10.0115.01, 10.02 15.02, 15.03 and 10.0315.04; provided that if prior to two Business Days preceding the date on which by the terms of this Indenture any such assets may become distributable for any purpose (including including, without limitation, the payment of either principal of or interest on (or any Principal Return with respect to to) any Note), the Trustee or such Paying Agent shall not have received with respect to such those assets the written notice provided for in Section 10.0515.06, then the Trustee or such Paying Agent shall have full power and authority to receive such those assets and to apply the same to the purpose for which they were received, and shall not be affected by any notice to the contrary that may be received by it on or after such that date; and provided further that nothing contained in this Article 10 XV shall prevent the Company from making, or the Trustee from receiving or applying, any payment in connection with the redemption of Notes if the first publication of notice of such that redemption (whether by mail or otherwise in accordance with this Indenture) has been made, and the Trustee has received such that payment from the Company, prior to the occurrence of any of the contingencies specified in Section 10.02 15.02 or 10.0315.03.

Application by Trustee of Amounts Deposited with It. Amounts deposited in trust with the Trustee pursuant to and in accordance with Section 2.05 shall be for the sole benefit of Holders of the Notes, and shall not be subject to the subordination provisions of this Article 10. Otherwise, any Any deposit of assets with the Trustee or the Paying Agent (whether or not in trust) for the payment of principal of or interest on (or any Principal Return with respect to to) any Notes shall be subject to the provisions of Sections 10.014.01, 10.02 4.02, 4.03 and 10.034.04; provided that if prior to two Business Days preceding the date on which by the terms of this Indenture any such assets may become distributable for any purpose (including including, without limitation, the payment of either principal of or interest on (or any Principal Return with respect to to) any Note), the Trustee or such Paying Agent shall not have received with respect to such those assets the written notice provided for in Section 10.054.06, then the Trustee or such Paying Agent shall have full power and authority to receive such those assets and to apply the same to the purpose for which they were received, and shall not be affected by any notice to the contrary that may be received by it on or after such that date; and provided further that nothing contained in this Article 10 IV shall prevent the Company from making, or the Trustee from receiving or applying, any payment in connection with the redemption of Notes if the first publication of notice of such that redemption (whether by mail or otherwise in accordance with this Indenture) has been made, and the Trustee has received such that payment from the Company, prior to the occurrence of any of the contingencies specified in Section 10.02 4.02 or 10.034.03.