Application of Moneys Collected by Debenture Trustee. Any moneys collected by the Debenture Trustee shall be applied in the following order, at the date or dates fixed by the Debenture Trustee for the distribution of such moneys, upon presentation of the Securities in respect of which moneys have been collected, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:
Appears in 18 contracts
Samples: Indenture (Commerce Capital Trust Ii), Indenture (Interwest Bancorp Inc), Indenture (Banknorth Capital Trust I)
Application of Moneys Collected by Debenture Trustee. Any moneys collected by the Debenture Trustee shall be applied in the following order, at the date or dates fixed by the Debenture Trustee for the distribution of such moneys, upon presentation of the Securities Junior Subordinated Debentures in respect of which moneys have been collected, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:
Appears in 2 contracts
Samples: Satisfaction And (Mainstreet Bankgroup Inc), Mainstreet Bankgroup Inc
