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

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.4, all moneys and U.S. Government Obligations deposited with the Trustee pursuant to Section 10.1 shall be held in trust, and such moneys and all moneys from such U.S. Government Obligations shall be applied by it to the payment, either directly or through any Paying Agent (including the Issuer acting as its own paying agent), to the Holders of the particular Securities of such series for the payment or redemption of which such moneys and U.S. Government Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, but such moneys need not be segregated from other funds except to the extent required by law. The Trustee and any Paying Agent shall promptly pay to the Issuer, upon the written request of the Issuer, any excess moneys or U.S. Government Obligations held by them at any time, including all moneys deposited with the Trustee pursuant to Section 10.1(B) and held by it or any Paying Agent for the payment of Securities subsequently converted.

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.4, all moneys and U.S. Government Obligations deposited with the Trustee pursuant to Section 10.1 shall be held in trust, and such moneys and all moneys from such U.S. Government Obligations shall be applied by it to the payment, either directly or through any Paying Agent (including the Issuer acting as its own paying agent), to the Holders of the particular Securities of such series for the payment or redemption of which such moneys and U.S. Government Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, but such moneys need not be segregated from other funds except to the extent required by law. The Trustee and any Paying Agent shall promptly pay to the Issuer, upon the written request of the Issuer, any excess moneys or U.S. Government Obligations held by them at any time, including all moneys deposited with the Trustee pursuant to Section 10.1(B) and held by it or any Paying Agent for the payment of Securities subsequently converted.

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.4, all moneys and or U.S. Government Obligations deposited with the Trustee (or other trustee) pursuant to Section 10.1 (and all funds earned on such moneys or U.S. Government Obligations) shall be held in trust, trust and such moneys and all moneys from such U.S. Government Obligations shall be applied by it to the payment, either directly or through any Paying Agent pay- ing agent (including the Issuer acting as its own paying agent), to the Holders Hold- ers of the particular Securities of such series and of Coupons appertaining thereto for the payment or redemption of which such moneys and U.S. Government Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, ; but such moneys money need not be segregated from other funds except to the extent required by law. The Subject to Section 10.1, the Trustee and any Paying Agent promptly shall promptly pay to the Issuer, Issuer upon the written request of the Issuer, any excess moneys or U.S. Government Obligations held by them it at any time, including all moneys deposited with the Trustee pursuant to . Section 10.1(B) and held by it or any Paying Agent for the payment of Securities subsequently converted.10.3

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.48.04, all moneys and U.S. Government Obligations deposited with the Trustee pursuant to Section 10.1 Sections 8.01 shall be held in trust, and such moneys and all moneys from such U.S. Government Obligations shall be applied by it to the payment, either directly or through any Paying Agent (including the Issuer TLGI acting as its own paying agent), to the Holders of the particular Securities of such series for the payment or redemption of which such moneys and U.S. Government Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, but such moneys need not be segregated from other funds except to the extent required by law. The Trustee and any Paying Agent shall promptly pay to the IssuerTLGI, upon the written request of the IssuerTLGI, any excess moneys or U.S. Government Obligations held by them at any time, including all moneys deposited with the Trustee pursuant to Section 10.1(B8.01(B) and held by it or any Paying Agent for the payment of Securities subsequently converted.

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.4, all moneys and or U.S. Government Obligations deposited with the Trustee (or other trustee) pursuant to Section 10.1 (and all funds earned on such moneys or U.S. Government Obligations) shall be held in trust, trust and such moneys and all moneys from such U.S. Government Obligations shall be applied by it to the payment, either directly or through any Paying Agent paying agent (including the Issuer acting as its own paying agent), to the Holders of the particular Securities of such series and of Coupons appertaining thereto for the payment or redemption of which such moneys and U.S. Government Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, ; but such moneys money need not be segregated from other funds except to the extent required by law. The Subject to Section 10.1, the Trustee and any Paying Agent promptly shall promptly pay to the Issuer, Issuer upon the written request of the Issuer, any excess moneys or U.S. Government Obligations held by them it at any time, including all moneys deposited with the Trustee pursuant to Section 10.1(B) and held by it or any Paying Agent for the payment of Securities subsequently converted.

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.4, all moneys and or U.S. Government Obligations deposited with the Trustee (or other trustee pursuant to Section 10.1 shall be held in trust, (and all funds earned on such moneys and all moneys from such or U.S. Government Obligations shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Issuer acting as its own paying agent), to the Holders of the particular Securities of such series and of Coupons appertaining thereto for the payment or redemption of which such moneys and U.S. Government Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, ; but such moneys money need not be segregated from other funds except to the extent required by law. The Subject to Section 10.1, the Trustee and any Paying Agent promptly shall promptly pay to the Issuer, Issuer upon the written request of the Issuer, any excess moneys or U.S. Government Obligations held by them it at any time, including all moneys deposited with the Trustee pursuant to Section 10.1(B) and held by it or any Paying Agent for the payment of Securities subsequently converted.

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.48.04, all moneys and U.S. Government Obligations deposited with the Trustee pursuant to Section 10.1 Sections 8.01 shall be held in trust, and such moneys and all moneys from such U.S. Government Obligations shall be applied by it to the payment, either directly or through any Paying Agent (including the Issuer LGII acting as its own paying agent), to the Holders of the particular Securities of such series for the payment or redemption of which such moneys and U.S. Government Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, but such moneys need not be segregated from other funds except to the extent required by law. The Trustee and any Paying Agent shall promptly pay to the IssuerLGII, upon the written request of the IssuerLGII, any excess moneys or U.S. Government Obligations held by them at any time, including all moneys deposited with the Trustee pursuant to Section 10.1(B8.01(B) and held by it or any Paying Agent for the payment of Securities subsequently converted.