Common use of Authorization of Receipt of Funds by Clause in Contracts

Authorization of Receipt of Funds by. the Trustee Under the Security Documents. The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Security Documents.

Appears in 3 contracts

Samples: Quadramed Corp, Pledge and Security Agreement (Majestic Investor Capital Corp), Moore Wallace Inc

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Authorization of Receipt of Funds by. the Trustee Under the Security DocumentsAgreement. The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Security DocumentsAgreement, and to make further distributions distribution of such funds to the Holders of Notes according to the provisions of this Indenture and the Security DocumentsIndenture.

Appears in 2 contracts

Samples: Indenture (Avatex Funding Inc), Indenture (Avatex Corp)

Authorization of Receipt of Funds by. the Trustee Under the Security Operative Documents. The Trustee is authorized to receive any funds for the benefit of the Holders Securityholders distributed under the Security Operative Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Security other Operative Documents.

Appears in 1 contract

Samples: Aircraft Mortgage and Security Agreement (Trans World Airlines Inc /New/)

Authorization of Receipt of Funds by. the Trustee Under the Security DocumentsTHE TRUSTEE UNDER THE SECURITY DOCUMENTS. The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture and the Security DocumentsIndenture.

Appears in 1 contract

Samples: Indenture (Wheeling Pittsburgh Steel Corp /De)

Authorization of Receipt of Funds by. the Trustee Under the Security Documents. The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to in accordance with the provisions of this Indenture Section 6.10 and the Security Documentsother provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Southwest Royalties Holdings Inc)

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Authorization of Receipt of Funds by. the Trustee Under the --- Security Documents. ------------------ The Trustee is authorized to receive any funds for the benefit of the Holders Security holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to in accordance with the provisions of this Indenture Article Eleven and the Security Documents.other provisions of this Indenture. ARTICLE ELEVEN

Appears in 1 contract

Samples: Sheffield Steel Corp

Authorization of Receipt of Funds by. the Trustee Under the Security DocumentsAgreements. The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Security DocumentsAgreements, and to make further distributions of such funds to the Holders of Notes according to the provisions of this Indenture and the Security DocumentsIndenture.

Appears in 1 contract

Samples: Indenture (Sterling Chemical Inc)

Authorization of Receipt of Funds by. the Trustee Under the ---------------------------------------------------------- Security Documents. ------------------ The Trustee is authorized to receive any funds for the benefit of the Holders distributed received under the Security Documents, and to make further distributions of such funds to the Holders according to in accordance with the provisions of this Indenture and Indenture, the Security DocumentsDocuments and applicable law.

Appears in 1 contract

Samples: Indenture (Bradlees Stores Inc)

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