Funds to be Deposited Sample Clauses

Funds to be Deposited. As soon as practicable but no later than two (2) Business Days after receipt by it of any amount in funds in the Etame Revenue Account, the Trustee and Paying Agent shall deposit in the Etame Operating Account all amounts in the Etame Revenue Account in excess of the amount of Government Payments required to be made pursuant to Section 3.1.
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Funds to be Deposited. Commencing on the date of the first receipts by the Bontang VI Trustee under Article 2 and continuing throughout the term of this Agreement the Bontang VI Trustee shall deposit in the Bontang VI Payment Account (i) promptly after receipt by the Bontang VI Trustee of any amount hereunder (other than Loan Proceeds), all amounts in the Bontang VI General Account other than Source of Debt Service, (ii) as and when specified herein, all amounts required to be transferred from the Debt Service Account or the Reserve Account to the Bontang VI Payment Account, (iii) any Loan Proceeds to be deposited in the Bontang VI Payment 43 38 Account pursuant to Section 3.2(h), and (iv) promptly after receipt, all amounts of Source of Debt Service in the Bontang VI General Account not required to be paid over into the Debt Service Account or the Reserve Account pursuant to the provisions of Sections 3.2 and 3.3. If any Payment Subaccounts have been opened by the Bontang VI Trustee pursuant to Section 4.1, amounts deposited into the Bontang VI Payment Account shall be further credited to the appropriate Payment Subaccount pursuant to the written instructions of the Producers provided at the time such Payment Subaccount is opened or at any subsequent date.
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Related to Funds to be Deposited

  • Items to be Delivered at Closing At the Closing and subject to the terms and conditions herein contained:

  • Documents to be Delivered For the purpose of Section 4(a):

  • Documents to Be Delivered at Closing i. By the ISSUER

  • Monies to Be Held in Trust All monies received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as may be agreed from time to time by the Company and the Trustee.

  • Documents to be Delivered by Holder(s) Each of the Holder(s) participating in any of the foregoing offerings shall furnish to the Company a completed and executed questionnaire provided by the Company requesting information customarily sought of selling security holders.

  • Moneys to be Held in Trust Subject to the provisions of Section 12.4, all moneys received by the Trustee or any paying agent shall, until used or applied as herein provided, be held in trust for the purpose for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee and any paying agent shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company. So long as no Event of Default shall have occurred and be continuing, all interest allowed on any such moneys shall be paid from time to time upon the written order of the Company, signed by the Chairman of the Board of Directors, the Chief Executive Officer, the President, a Managing Director, a Vice President, the Treasurer or an Assistant Treasurer of the Company.

  • Deposited Moneys to be Held in Trust All moneys or Governmental Obligations deposited with the Trustee pursuant to Sections 11.01 or 11.02 shall be held in trust and shall be available for payment as due, either directly or through any paying agent (including the Company acting as its own paying agent), to the holders of the particular series of Securities for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee.

  • Documents to be Delivered by Seller At the Closing, Seller shall deliver to Buyer the following:

  • Documents to be Delivered by Buyer At the Closing, Buyer shall deliver to Company the following documents, in each case duly executed or otherwise in proper form:

  • Money for Security Payments to be Held in Trust If the Company shall at any time act as its own Paying Agent for any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on, any of the Securities of such series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided, and will promptly notify the Trustee of its action or failure to act. Whenever the Company shall have one or more Paying Agents for any series of Securities, it will, on or prior to each due date of the principal of (and premium, if any) or interest on, any Securities of such series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held in trust for the benefit of the Persons entitled to such principal (and premium, if any) or interest, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act. The Company will cause each Paying Agent other than the Trustee for any series of Securities to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will:

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