Common use of Authorization of Receipt of Funds by the Trustee Under the Collateral Documents Clause in Contracts

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 5 contracts

Samples: Supplemental Indenture (Castle a M & Co), Indenture (Castle a M & Co), Indenture (Castle a M & Co)

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Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and or the Intercreditor Agreement and, to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee Agreement, to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof 7.10 and the other provisions of this Indenture. Such funds shall be held on deposit by the Trustee without investment, and the Trustee will have no liability for interest or other compensation thereon.

Appears in 4 contracts

Samples: Indenture (CURO Group Holdings Corp.), Indenture (CURO Group Holdings Corp.), Indenture (CURO Group Holdings Corp.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to distribute the extent not prohibited under the Intercreditor Agreement for turnover same to the Trustee to who may make further distributions of such funds to itself, the Trustee and the Holders in accordance with according to the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 3 contracts

Samples: Indenture (Frontier Communications Corp), Indenture (fuboTV Inc. /FL), Supplemental Indenture (PACIFIC GAS & ELECTRIC Co)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and or the Intercreditor Agreement and, to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee Agreement, to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof 7.10 and the other provisions of this Indenture. Such funds shall be held on deposit by the Trustee without investment, and the Trustee shall have no liability for interest or other compensation thereon.

Appears in 3 contracts

Samples: Supplemental Indenture (Affinity Guest Services, LLC), Intercreditor Agreement (Thermon Holding Corp.), Indenture (TitleMax of Virginia, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents or the Intercreditor Agreement and to the extent not prohibited under the Intercreditor Agreement Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Lmi Aerospace Inc), Intercreditor Agreement (GOOD TECHNOLOGY Corp)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents or the Intercreditor Agreement and to the extent not prohibited under the Intercreditor Agreement Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Intercreditor Agreement (CPM Holdings, Inc.), CPM Holdings, Inc.

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and or the Intercreditor Agreement and, to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee Agreement, to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Alon Refining Krotz (Alon USA Energy, Inc.), Alon Refining Krotz (Alon Refining Krotz Springs, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Trustee and the Collateral Agent is are each hereby authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents Documents, to apply such funds as provided in this Indenture and to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee Collateral Documents, and to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof Article 11 and the other provisions of this Indenture.

Appears in 2 contracts

Samples: Priority Intercreditor Agreement (Trump Indiana Inc), Security Agreement and Fixture Filing (Trump Indiana Inc)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Molecular Insight Pharmaceuticals, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and or the Intercreditor Agreements and, to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee Agreements, to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof 7.10 and the other provisions of this Indenture. Such funds shall be held on deposit by the Trustee without investment, and the Trustee will have no liability for interest or other compensation thereon.

Appears in 1 contract

Samples: Indenture (CURO Group Holdings Corp.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof 7.10 and the other provisions of this Indenture. Such funds shall be held on deposit by the Trustee without investment, and the Trustee will have no liability for interest or other compensation thereon.

Appears in 1 contract

Samples: Indenture (CURO Group Holdings Corp.)

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Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Subject to the provisions of the First Priority/Second Priority Intercreditor and Subordination Agreement, the Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to distribute the extent not prohibited under the Intercreditor Agreement for turnover same to the Trustee to who may make further distributions of such funds to itself, the Trustee and the Holders in accordance with according to the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Frontier Communications Corp)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to the extent not prohibited under the Intercreditor Agreement Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Intercreditor Agreement (Green Field Energy Services, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to the extent not prohibited under the Intercreditor Agreement Collateral Trust Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Banro Corp)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Each of the Collateral Agent and the Security Trustee is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to the extent not prohibited under the Intercreditor Agreement Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (United Maritime Group, LLC)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Collateral Documents and to the extent not prohibited under the Intercreditor Agreement for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.. 105

Appears in 1 contract

Samples: Indenture (A. M. Castle & Co.)

Authorization of Receipt of Funds by the Trustee Under the Collateral Documents. The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders Notes Secured Parties distributed under the Collateral Documents and the Intercreditor Agreement and to the extent not prohibited under the Intercreditor Agreement Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture.

Appears in 1 contract

Samples: Xerium Technologies Inc

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