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

Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE OPERATIVE DOCUMENTS AND THE SUPPORT DOCUMENTS. The Trustee is authorized to receive any funds for the benefit of Noteholders distributed under the Collateral Agreements and for the benefit of the Securityholders distributed under the Support Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Security Agreement (Continental Airlines Inc /De/)

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Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE OPERATIVE DOCUMENTS AND THE SUPPORT SECURITY DOCUMENTS. The Trustee is authorized to receive any funds for the benefit of Noteholders the Holders distributed under the Collateral Agreements and for the benefit of the Securityholders distributed under the Support Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 1 contract

Samples: Indenture (Archibald Candy Corp)

Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE OPERATIVE DOCUMENTS SECURITY AND THE SUPPORT DOCUMENTSPLEDGE AGREEMENT. The Trustee is authorized to receive any funds for the benefit of Noteholders the Holders of Debentures distributed under the Collateral Agreements Security and for the benefit of the Securityholders distributed under the Support DocumentsPledge Agreement, and to make further distributions of such funds to the Holders of Debentures according to the provisions of this Indenture.

Appears in 1 contract

Samples: Security and Pledge Agreement (Finlay Enterprises Inc /De)

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Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE OPERATIVE DOCUMENTS AND THE SUPPORT SECURITY DOCUMENTS. The Trustee is authorized to receive any funds for the benefit of Noteholders distributed under the Collateral Agreements and for the benefit of the Securityholders distributed under the Support Documents, Security Documents and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Sentinel Financing LTD Lp)

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