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 9.4, all moneys deposited with the Trustee pursuant to Section 9.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent, to the Holders of Notes for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon as principal and interest (including Additional Amounts); but such moneys need not be segregated from other funds except to the extent required by law and the Trustee shall have no liability for interest thereon or the investment thereof.

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 9.4, all moneys deposited with the Trustee (or other trustee) pursuant to Section 9.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agentpaying agent (including the Issuer acting as its own paying agent), to the Holders of the Notes for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon as for principal and interest (including Additional Amounts)interest; but such moneys money need not be segregated from other funds except to the extent required by law and the Trustee shall have no liability for interest thereon or the investment thereoflaw.

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 9.411.4, all moneys deposited with the Trustee pursuant to Section 9.1 11.1 shall be held in trust and applied by it to the payment, either directly or through any Paying AgentAgent (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 have been deposited with the Trustee, of all sums due and to become due thereon as principal and interest (including Additional Amounts); but such moneys money need not be segregated from other funds except to the extent required by law and the Trustee shall have no liability for interest thereon or the investment thereof.

Application by Trustee of Funds Deposited for Payment of Notes. Subject to Section 9.410.4, all moneys deposited with the Trustee (for other trustee) pursuant to Section 9.1 10.1 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 have been deposited with the Trustee, of all sums due and to become due thereon as for principal and interest (including Additional Amounts)interest; but such moneys money need not be segregated from other funds except to the extent required by law and the Trustee shall have no liability for interest thereon or the investment thereoflaw.

Application by Trustee of Funds Deposited for Payment of Notes. | Subject to Section 9.4, all moneys monies deposited with the Trustee pursuant to Section 9.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agentpaying agent (including the Company or the Guarantor acting as paying agent), to the Holders of the particular Notes for the payment or redemption of which such moneys monies have been deposited with the Trustee, of all sums due and to become due thereon as for principal and interest (including Additional Amounts)interest; but such moneys money need not be segregated from other funds except to the extent required by law and the Trustee shall have no liability for interest thereon or the investment thereoflaw.