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

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

Appears in 1 contract

Samples: Triumph Group Inc

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

Appears in 1 contract

Samples: Indenture (Far East Energy Corp)

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

Appears in 1 contract

Samples: Security Agreement (Bloom Energy Corp)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Collateral Trustee is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Security Documents and, to the extent not prohibited under any Approved the First-Second Intercreditor Agreement or the Collateral Trust Agreement, for turnover to the Trustee to make further distributions of such funds to itself and the Holders in accordance with the provisions of this Indenture, the Security Documents and any Approved the First-Second Intercreditor Agreement.

Appears in 1 contract

Samples: Indenture (Triumph Group Inc)

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Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Collateral Trustee is authorized to receive in its own name or through any Collateral Agent any funds for the benefit of itself, the Trustee and the Holders distributed under the Security Documents and, to and the extent not prohibited under any Approved Intercreditor Agreement or the Collateral Trust Agreement, for turnover to the Trustee and to make further distributions of such funds to itself and the Holders in accordance with according to the provisions of this Indenture, the Security Documents and any Approved Intercreditor Agreement.

Appears in 1 contract

Samples: Fresenius National Medical Care Holdings Inc

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

Appears in 1 contract

Samples: General Media Inc

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