Common use of Application by Trustee of Funds Deposited for Payment of Notes Clause in Contracts

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.06, all moneys deposited with the Trustee pursuant to Sections 8.01, 8.02 and 8.03 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Notes for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) and interest. Such money need not be segregated from other funds except to the extent required by law.

Appears in 6 contracts

Samples: Indenture (Tesla, Inc.), Indenture, Indenture (Micron Technology Inc)

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Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.06, all moneys deposited with the Trustee pursuant to Sections 8.01, 8.02 and 8.03 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Notes for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) and interest. Such money need not be segregated from other funds except to the extent required by law.

Appears in 4 contracts

Samples: Block, Inc., Coinbase Global, Inc., Square, Inc.

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.069.4, all moneys deposited with the Trustee (or other trustee) pursuant to Sections 8.01, 8.02 and 8.03 Section 9.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Notes for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) principal and interest. Such ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 4 contracts

Samples: Indenture (Boardwalk Pipeline Partners, LP), Indenture (Boardwalk Pipeline Partners, LP), Indenture (Boardwalk Pipeline Partners, LP)

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.069.4, all moneys deposited with the Trustee (or other trustee) pursuant to Sections 8.01, 8.02 and 8.03 Section 9.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Notes of such series and of Coupons appertaining thereto for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) principal and interest. Such ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 2 contracts

Samples: Indenture (TGT Pipeline LLC), TGT Pipeline LLC

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.06SECTION 9.4 hereof, all moneys deposited with the Trustee pursuant to Sections 8.01, 8.02 and 8.03 SECTION 9.1 hereof shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company acting as its own Paying Agent), to the Holders of the particular Notes for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (premium, if any) , and interest. Such , but such money need not be segregated from other funds except to the extent required by law.

Appears in 2 contracts

Samples: Indenture (Edison Mission Finance Co), Indenture (Edison Mission Energy)

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.0611.06, all moneys or Governmental Obligations deposited with the Trustee pursuant to Sections 8.0111.01, 8.02 11.02 and 8.03 11.03 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company acting as its own Paying Agentpaying agent), to the Holders of the particular Notes Securityholders for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) and interest. Such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Indenture (Coinbase Global, Inc.)

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.069.4 hereof, all moneys deposited with the Trustee ----------- pursuant to Sections 8.01, 8.02 and 8.03 Section 9.1 hereof shall be held in trust and applied by it to the ----------- payment, either directly or through any Paying Agent paying agent (including the Company acting as its own Paying Agent), to the Holders of the particular Notes for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (premium, if any) , and interest. Such , but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Indenture (Edison Mission Energy)

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Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.069.04, all moneys deposited with the Trustee pursuant to Sections 8.01, 8.02 and 8.03 accomplish the purposes of Section 9.01 shall be held in trust by the Trustee and applied by it first to the payment, either directly or through any Paying Agent payment of all sums payable hereunder by the Issuer (including other than the Company acting as its own Paying Agent), amounts referred to in clause second) and second to the Holders of the particular Notes for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principalas principal or Make- Whole Amount, premium (if any) and interest. Such , but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Conformed Copy (Cherokee Inc)

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.069.06, all moneys deposited with the Trustee pursuant to Sections 8.01, 8.02 and 8.03 Section 9.01 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Notes of such series for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) and interest. Such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Indenture (Seagate Technology)

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.06, all moneys deposited with the Trustee pursuant to Sections Section 8.01, 8.02 and or 8.03 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company acting as its own Paying Agentpaying agent), to the Holders holders of the particular Notes for the payment payment, repurchase or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) principal and interest. Such ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Koppers Industries Inc

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 8.069.06, all moneys deposited with the Trustee pursuant to Sections 8.01, 8.02 and 8.03 Section 9.01 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company acting as its own Paying Agentpaying agent), to the Holders of the particular Notes of such series for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal, premium (if any) and interest. Such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Seagate Technology HDD Holdings

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