Common use of Held in Trust Clause in Contracts

Held in Trust. The moneys and Permitted Investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District or the Owner of any Certificates.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

AutoNDA by SimpleDocs

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely Obligations and for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, Agreement and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District City or the any Owner of any Certificatesthe Obligations.

Appears in 2 contracts

Samples: Second Trust Agreement, Third Trust Agreement

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely Obligations, and for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the CorporationCity, the Trustee, the District Trustee or the any Owner of any CertificatesObligations.

Appears in 1 contract

Samples: Trust Agreement

Held in Trust. The moneys and Permitted Investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District City and the Owners of the Certificates solely for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, and shall are not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District City or the Owner of any Certificates.

Appears in 1 contract

Samples: Trust Agreement

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely Obligations and for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, Agreement and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District City or the Owner of any Certificates.Owners.β€Œ

Appears in 1 contract

Samples: Second Trust Agreement

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely for the purposes herein specifiedOwners, and such moneys, and any income or interest earned thereon, shall will be expended only as provided in this Trust Agreement, and shall will not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District Trustee or the Owner of any CertificatesTown.

Appears in 1 contract

Samples: Trust Agreement

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely and for the purposes herein specified, specified and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, Agreement and shall not (except as set forth in Section 9.03 hereof) be subject to levy or levy, attachment or lien by or for the benefit of any creditor of the CorporationAuthority, the Trustee, the District Town or the any Owner of any Certificates.

Appears in 1 contract

Samples: Trust Agreement

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely and for the purposes herein specified, specified and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, Agreement and shall not (except as set forth in Section 9.03 hereof) be subject to levy or levy, attachment or lien by or for the benefit of any creditor of the CorporationAuthority, the Trustee, the District City or the any Owner of any Certificates.

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely Obligations and for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, Agreement and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District City or the Owner of any CertificatesOwners.

Appears in 1 contract

Samples: Third Trust Agreement

Held in Trust. The moneys and Permitted Investments held by the Trustee under this Trust Agreement are shall be irrevocably held in trust for the benefit of the District County and the Certificate Owners of the Certificates solely for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District County or the Owner of any Certificates.

Appears in 1 contract

Samples: Trust Agreement

Held in Trust. The moneys and Permitted Investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District District, The Certificate Insurer or the Owner of any Certificates.

Appears in 1 contract

Samples: Trust Agreement

Held in Trust. The moneys and Permitted Investments investments held by the Trustee under this Trust Agreement are irrevocably held in trust for the benefit of the District and the Owners of the Certificates solely Obligations and for the purposes herein specified, and such moneys, and any income or interest earned thereon, shall be expended only as provided in this Trust Agreement, Agreement and shall not be subject to levy or attachment or lien by or for the benefit of any creditor of the Corporation, the Trustee, the District Town or the any Owner of any Certificatesthe Obligations.

Appears in 1 contract

Samples: Third Trust Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.