Common use of Application of Moneys in Event of Default Clause in Contracts

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. 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, 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 (Bb) below and only to pay outstanding principal and accrued interest, interest as provided in the Letter of Credit, with respect to the Bonds):

Application of Moneys in Event of Default. Any money moneys received by the Trustee under this Article VIII shall be applied in the order listed below (provided that any money moneys 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 Purchase Price of and interest on all Outstanding Bonds, any money moneys held by the Trustee upon the nonpresentment of Bonds and any money moneys held by the Trustee for the defeasance of Bonds pursuant to Article XI shall be applied only as provided in clause (B) 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. 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 Letters of Credit together with Available Moneys on deposit in the Bond Fund and available for payment of principal and interest on all Outstanding BondsCredit, 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) B below and only to pay outstanding principal and accrued interest, as provided in the Letter of Creditthis Indenture, with respect to the Bonds):