Common use of Application of Moneys Received upon Sale Clause in Contracts

Application of Moneys Received upon Sale. Any moneys received by the Trustee from the Subordination Agent pursuant to the Intercreditor Agreement upon any sale made either under the power of sale given by this Agreement or otherwise for the enforcement of this Agreement shall be applied as provided in Section 4.02.

Appears in 9 contracts

Samples: Pass Through Trust Agreement (Atlantic Coast Airlines Inc), Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

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Application of Moneys Received upon Sale. Any moneys ---------------------------------------- received by the Trustee from the Subordination Agent pursuant to the Intercreditor Agreement upon any sale made either under the power of sale given by this Agreement or otherwise for the enforcement of this Agreement shall be applied as provided in Section 4.02.

Appears in 2 contracts

Samples: Through Trust Agreement (Midway Airlines Corp), Trust Agreement (Midway Airlines Corp)

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Application of Moneys Received upon Sale. Any moneys received ---------------------------------------- by the Trustee from the Subordination Agent pursuant to the Intercreditor Agreement upon any sale made either under the power of sale given by this Agreement or otherwise for the enforcement of this Agreement shall be applied as provided in Section 4.02.

Appears in 1 contract

Samples: Trust Agreement (Midway Airlines Corp)

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