Common use of Deposited Monies to Be Held in Trust by Trustee Clause in Contracts

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.04, all monies deposited with the Trustee pursuant to Section 9.01 shall be held in trust for the sole benefit of the Holders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders of the particular Securities for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest. All monies deposited with the Trustee pursuant to Section 9.01 (and held by it or any Paying Agent) for the payment of Securities subsequently exchanged shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 4 contracts

Samples: Indenture (Northstar Realty), Indenture (Northstar Realty Finance Corp.), Registration Rights Agreement (Northstar Realty)

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Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0411.04, all monies deposited with the Trustee pursuant to Section 9.01 7.05, shall be held in trust for the sole benefit of the HoldersNoteholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. All monies moneys deposited with the Trustee pursuant to Section 9.01 7.05 (and held by it or any Paying Agent) for the payment of Securities Notes subsequently exchanged converted shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 3 contracts

Samples: Indenture (KKR Financial Holdings LLC), Indenture (Istar Financial Inc), United Dominion (United Dominion Realty Trust Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0411.04, all monies deposited with the Trustee pursuant to Section 9.01 7.05 shall be held in trust for the sole benefit of the HoldersNoteholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. All monies moneys deposited with the Trustee pursuant to Section 9.01 7.05 (and held by it or any Paying Agent) for the payment of Securities Notes subsequently exchanged shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 2 contracts

Samples: Indenture (Pennsylvania Real Estate Investment Trust), Extra Space Storage Inc.

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0411.04, all monies deposited with the Trustee pursuant to Section 9.01 7.05 shall be held in trust for the sole benefit of the HoldersDebentureholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders of the particular Securities Debentures for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. All monies moneys deposited with the Trustee pursuant to Section 9.01 7.05 (and held by it or any Paying Agent) for the payment of Securities Debentures subsequently exchanged shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 2 contracts

Samples: Indenture (Digital Realty Trust, Inc.), Indenture (Digital Realty Trust, Inc.)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0411.04, all monies deposited with the Trustee pursuant to Section 9.01 7.05 shall be held in trust for the sole benefit of the HoldersNoteholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. All monies deposited with the Trustee pursuant to Section 9.01 7.05 (and held by it or any Paying Agent) for the payment of Securities Notes subsequently exchanged shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 2 contracts

Samples: Indenture (BioMed Realty Trust Inc), Indenture (BioMed Realty Trust Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0411.04, all monies deposited with the Trustee pursuant to Section 9.01 7.05, shall be held in trust for the sole benefit of the HoldersNoteholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest. All monies moneys deposited with the Trustee pursuant to Section 9.01 7.05 (and held by it or any Paying Agent) for the payment of Securities Notes subsequently exchanged converted shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 1 contract

Samples: Ventas Inc

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0411.4, all monies deposited with the Trustee pursuant to Section 9.01 11.1, shall be held in trust for the sole benefit of the HoldersNoteholders for the purposes of Section 11.1 (as set forth in set forth in Section 7.5), and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. All monies deposited with the Trustee pursuant to Section 9.01 (and held by it or any Paying Agent) for the payment of Securities subsequently exchanged shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 1 contract

Samples: Indenture (Luminent Mortgage Capital Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0411.04, all monies deposited with the Trustee pursuant to Section 9.01 7.05 shall be held in trust for the sole benefit of the HoldersNoteholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor Company if acting as its own Paying Agent), to the Holders of the particular Securities Notes for the payment or redemption repurchase of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. All monies moneys deposited with the Trustee pursuant to Section 9.01 7.05 (and held by it or any Paying Agent) for the payment of Securities Notes subsequently exchanged converted shall be returned to the Issuer Company upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 1 contract

Samples: Indenture (GLG Partners, Inc.)

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Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.047.04, all monies deposited with the Trustee pursuant to Section 9.01 605 of the Original Indenture, shall be held in trust for the sole benefit of the HoldersNoteholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor Company if acting as its own Paying Agent), to the Holders of the particular Securities Notes for the payment payment, repurchase or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. All monies moneys deposited with the Trustee pursuant to Section 9.01 605 of the Original Indenture (and held by it or any Paying Agent) for the payment of Securities Notes subsequently exchanged converted shall be returned to the Issuer Company upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 1 contract

Samples: Indenture (KKR Financial Holdings LLC)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.04, all monies deposited with the Trustee pursuant to Section 9.01 shall be held in trust for the sole benefit of the Holders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any the Guarantor if acting as its own Paying Agent), to the Holders of the particular Securities for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest. All monies deposited with the Trustee pursuant to Section 9.01 (and held by it or any Paying Agent) for the payment of Securities subsequently exchanged shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 1 contract

Samples: Indenture (Northstar Realty)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.04, all monies deposited with the Trustee pursuant to Section 9.01 shall be held in trust for the sole benefit of the Holders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor if acting as its own Paying Agent), to the Holders of the particular Securities for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest. All monies deposited with the Trustee pursuant to Section 9.01 (and held by it or any Paying Agent) for the payment of Securities subsequently exchanged shall be returned to the Issuer upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 1 contract

Samples: Indenture (General Growth Properties Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 9.0413.04, all monies deposited with the Trustee pursuant to Section 9.01 9.05, shall be held in trust for the sole benefit of the HoldersNoteholders, and such monies shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Issuer or any Guarantor Company if acting as its own Paying Agent), to the Holders holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest. Moneys so held in trust shall not be subject to the provisions of Article 4. All monies moneys deposited with the Trustee pursuant to Section 9.01 9.05 (and held by it or any Paying Agent) for the payment of Securities Notes subsequently exchanged converted shall be returned to the Issuer Company upon request. The Trustee is not responsible to anyone for interest on any deposited funds except as agreed in writing.

Appears in 1 contract

Samples: Indenture (Advanced Medical Optics Inc)

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