Application of Moneys in Event of Default. Any money received by the Trustee under this Article VIII shall be applied in the order listed below (provided that any money received by the Trustee upon a drawing under the Letter of Credit together with Available Moneys on deposit in the Bond Fund and available for payment of principal and interest on all Outstanding Bonds, any money held by the Trustee upon the nonpresentment of Bonds and any money held by the Trustee for the defeasance of Bonds pursuant to Article XI shall be applied only as provided in clause (B) below and only to pay outstanding principal and accrued interest, as provided in the Letter of Credit, with respect to the Bonds):
Application of Moneys in Event of Default. All moneys received by the Trustee pursuant to any right given or action taken under the provisions of this Article and any other moneys held as part of the Trust Estate shall be applied as follows:
Application of Moneys in Event of Default. Upon an Event of Default all moneys held or received by the Trustee pursuant to this Indenture, the Agreement or the Credit Facility or pursuant to any right given or action taken under this Article shall, after payment of the reasonable costs and expenses of the proceedings resulting in the collection of such moneys, be deposited in the Debt Service Fund (provided, however, Available Moneys shall be used only for payment of principal or interest on the Bonds) and all moneys so deposited in the Debt Service Fund shall be applied as follows:
Application of Moneys in Event of Default. Any moneys received by the Trustee under this Article IX shall be applied:
Application of Moneys in Event of Default. Any moneys received by the Trustee under this Article shall be applied in the following order (provided that any moneys received by the Trustee from a drawing on the Letter of Credit shall be applied to the extent permitted by the terms thereof only as provided in clause (c) below with respect to Bonds other than Custody Bonds or Company Bonds):
Application of Moneys in Event of Default. Except as provided in Section 6.13 hereof, any moneys received by the Trustee under this Article VI shall be deposited in the Bond Fund, and into bond funds or similar funds established for other Parity Bonds then Outstanding, pro rata based upon the aggregate principal amount of the Bonds and Parity Bonds then Outstanding. Except as hereinafter provided, amounts on deposit in the Bond Fund, and any amounts remaining on deposit in the Costs of Issuance Fund upon the occurrence and continua t ion of an Event of Default hereunder, shall be applied in the following order:
Application of Moneys in Event of Default. (a) Upon an Event of Default all moneys held or received by the Trustee pursuant to this Indenture, the Lease Agreement, the Letter of Credit or pursuant to any right given or action taken under this Article shall, after payment of the reasonable fees, costs and expenses of the Trustee and the Issuer in connection with the proceedings resulting in the collection of such moneys be deposited in the Bond Funds and all moneys so deposited in the Bond Funds shall be applied as follows:
Application of Moneys in Event of Default. (a) All moneys received by the Trustee pursuant to any right given or action taken under the provisions of this Article shall, after payment of the cost and expenses of the proceedings resulting in the collection of such moneys and of the fees, expenses, liabilities and advances incurred or made by the Trustee, be deposited in the Bond Fund and all moneys so deposited in the Bond Fund shall be applied as follows:
Application of Moneys in Event of Default. Any moneys received by the Trustee under this Article shall be applied, First: to the payment of the costs of the Trustee, including counsel fees, any disbursements of the Trustee with interest thereon and its reasonable compensation; and Second: to the payment of principal or redemption price (as the case may be) and interest then owing on the Bonds and in case such moneys shall be insufficient to pay the same in full, then to the payment of principal or redemption price and interest ratably, without preference or priority of one over another or of any installment of interest over any other installment of interest. The surplus, if any, shall be paid to the Company or the Bank, as provided in Section 6.08 hereof. Notwithstanding anything to the contrary herein or otherwise, moneys drawn under the Letter of Credit shall be applied only to the payment of principal or Purchase Price of, premium, if any, and accrued interest on the Bonds.
Application of Moneys in Event of Default. Any moneys received by the Trustee under this Article XI shall be applied in the following order; provided that any moneys received by the Trustee from a drawing on the Credit Facility shall be applied to the extent permitted by the terms thereof only as provided in paragraph (b) below with respect to the principal of, and interest accrued on, Bonds other than Bonds held of record by or, to the knowledge of the Trustee, for the account of the Company after purchase thereof pursuant to Section 5.04(a)(iii) and other than Bonds held pursuant to Section 5.05 or otherwise registered in the name of the Company:
