Common use of Application of Trust Funds; Indemnification Clause in Contracts

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 hereof, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01, 8.03 or 8.04 hereof and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 or 8.04 hereof, shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee.

Appears in 28 contracts

Samples: Senior Indenture (Northwest Biotherapeutics Inc), Subordinated Indenture (Shengkai Innovations, Inc.), Senior Indenture (Hong Kong Highpower Technology, Inc.)

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Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 5.05 hereof, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.015.01, 8.03 5.03 or 8.04 5.04 hereof and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 5.01,5.03 or 8.04 5.04 hereof, shall be held in trust and applied by it, in accordance with the provisions of the Securities Notes of any particular series and this Indenture, to the payment, either directly or through any Paying Agent paying agent as the Trustee may determine, to the persons entitled thereto, of the principal principal, premium, if any, and interest for whose payment such money has been deposited with or received by the Trustee.

Appears in 7 contracts

Samples: Indenture (KCPL Financing Ii), Indenture (Kansas City Power & Light Co), Indenture (Great Plains Energy Inc)

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 8.5 hereof, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.018.1, 8.03 8.3 or 8.04 8.4 hereof and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.018.1, 8.03 8.3 or 8.04 8.4 hereof, shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee.

Appears in 7 contracts

Samples: Senior Indenture (Fuelcell Energy Inc), Subordinated Indenture (Fuelcell Energy Inc), Senior Indenture (Fuelcell Energy Inc)

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 5.05 hereof, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.015.01, 8.03 5.03 or 8.04 5.04 hereof and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.015.01, 8.03 5.03 or 8.04 5.04 hereof, shall be held in trust and applied by it, in accordance with the provisions of the Securities Notes of any particular series and this Indenture, to the payment, either directly or through any Paying Agent paying agent as the Trustee may determine, to the persons entitled thereto, of the principal principal, premium, if any, and interest for whose payment such money has been deposited with or received by the Trustee.

Appears in 5 contracts

Samples: Indenture (Great Plains Energy Inc), Indenture (Great Plains Energy Inc), Great Plains Energy Inc

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 hereof, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01, 8.03 or 8.04 hereof and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 or 8.04 hereof, shall be held in trust and applied by it, in accordance with the provisions of the Securities Notes and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee.

Appears in 3 contracts

Samples: Indenture (Lear Corp /De/), Indenture (Lear Corp), Lear Corp /De/

Application of Trust Funds; Indemnification. (a) Subject to the provisions of the next to last paragraph of Section 8.05 hereof10.03, all money and or U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01, 8.03 or 8.04 hereof 4.01 and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 or 8.04 hereof, Section 4.01 shall be held in trust and applied by it, in accordance with the provisions of the Securities Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the persons Persons entitled thereto, of the principal (and interest premium, if any) and Interest for whose payment such money has been deposited with or received by the Trustee, but such money need not be segregated from other funds except to the extent required by law.

Appears in 2 contracts

Samples: Indenture (Symetra Financial CORP), Indenture (Symetra Financial CORP)

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 hereofparagraph (c) of this Section, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01, 8.03 8.1 or 8.04 hereof 8.2 and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 or 8.04 hereofTrustee, shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the persons Persons entitled thereto, of the principal Principal and interest for whose payment such money has and U.S. Government Obligations have been deposited with or received by the TrusteeTrustees as contemplated by Section 8.1 or 8.2.

Appears in 2 contracts

Samples: Indenture (Union Tank Car Co), Union Tank Car Co

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Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 hereofof this Indenture, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01, 8.03 or 8.04 hereof of this Indenture and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 or 8.04 hereofof this Indenture, shall be held in trust and applied by it, in accordance with the provisions of the Securities Notes and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee.

Appears in 1 contract

Samples: Polyone Corp

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05 hereofparagraph (c) of this Section, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01, 8.03 9.1 or 8.04 hereof 9.2 and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 or 8.04 hereofTrustee, shall be held in trust and applied by it, in accordance with the provisions of the Securities Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the persons Persons entitled thereto, of the principal Principal and interest for whose payment such money has and U.S. Government Obligations have been deposited with or received by the TrusteeTrustees as contemplated by Section 9.1 or 9.2.

Appears in 1 contract

Samples: Indenture and Security Agreement (Union Tank Car Co)

Application of Trust Funds; Indemnification. (a) a. Subject to the provisions of Section 8.05 hereof, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01, 8.03 or 8.04 hereof and all money received by the Trustee in respect of U.S. Government Obligations deposited with the Trustee pursuant to Sections 8.01, 8.03 or 8.04 hereof, shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee.

Appears in 1 contract

Samples: Subordinated Indenture (Winner Medical Group Inc)

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