IN TRUST. The parties hereto acknowledge that Landlord holds all portions of the San Mateo County Harbor District (including, but not limited to, the Premises, Property and tidelands) in trust for the People of the State of California. As trustee, the Landlord must exercise continuous supervision and control over the Premises. This Lease is subject to Xxxxxxxx's obligation, as trustee, with respect to the Premises, as such obligation has been, or may in the future be, further defined or described under California law. Notwithstanding anything to the contrary, express or implied in this Lease, this Lease is subject and subordinate to that certain grant of lands from the State to San Mateo County Harbor District pursuant to Stats. 1960, first Extraordinary Session, Chapter 68, effective July 7, 1960 (the “Grant Conditions”), including without limitation Sections 1(a) and (b) (affecting permitted uses, and allowing use by the State of California), 1(c) (prohibiting discrimination in charges, uses and services) and 1(f) (giving the State the right to use for highway purposes without compensation). Tenant hereby acknowledges, represents and warrants that it has reviewed and approved the Grant Conditions. Tenant hereby agrees to comply with and not violate the Grant Conditions.
IN TRUST to secure performance of each agreement of Grantor herein contained and securing payment to Grantee of (a) all monies due to Grantee pursuant to the Defendant Bail Bond Application and Agreement and the Indemnitor Application and Agreement, executed and delivered by Grantor on or about the date of this Deed of Trust (individually or collectively, the “Agreements”), (b) all losses, damages, attorneys’ fees, investigation fees, forfeitures, judgments, court assessments, and liabilities suffered, sustained, or incurred by Grantee arising out of or relating to one or more bail bonds posted on behalf of defendant _ in the amount of $ in the case of v. (“Action”), Power Number(s) (if known) , and (c) on account of or related to the execution of any other bail bond executed or posted by or for Grantee in connection with or related to the Action or Agreements (all of the foregoing items described in clauses (a) through (c) above sometimes referred to collectively in this Deed of Trust as the “Obligations”). This is a first lien deed of trust. Grantor must pay and keep current all real estate taxes on the Property. This Deed of Trust is made under and pursuant to the provisions of the Code of Virginia, Sections 55-58.1, 55-59, 55-59.1, 55-59.2, 55-59.3, 55-59.4, 55- 60, 55-63, and 26-49, as amended, and shall be construed to impose and confer upon Grantor, Trustee, and Grantee all the rights, duties, and obligations prescribed in such Sections 55-58.1, 55-59, 55-59.1, 55-59.2, 55-59.3, 55-59.4, 55-60, 55-63, and 26-49, as amended, except as herein otherwise restricted, expanded, or changed herein, including, without limitation, the following rights, duties and obligations described in short form:
IN TRUST. NEVERTHELESS, upon the terms, conditions and trusts set forth in the Indenture as heretofore and hereby amended and supplemented, to the end that the said property shall be subject to the lien of the Indenture as heretofore and hereby amended and supplemented, with the same force and effect as though said property had been included in the Granting Clauses of the Indenture at the time of the execution and delivery thereof; AND THIS SUPPLEMENTAL INDENTURE FURTHER WITNESSETH that for the considerations aforesaid, it is hereby covenanted between the Company and the Trustee as follows:
IN TRUST. Accounts Obligations of “In Trust For” Accounts If any Account has been designated “an account in-trust for a minor”, until the nominee reaches the age of majority: (a) all instructions for such Account will come from you, as trustee, exclusively; (b) you and the nominee will be jointly and severally liable to us for all Obligations respecting the Account; and (c) we may deal with you as if you were the beneficial owner. Trust Agreements
IN TRUST. Except as otherwise expressly agreed to herein, if Xxxxxxxx shall receive any collections on any accounts or general intangibles or proceeds from the disposition of any Collateral during the “standstill” period set forth in Paragraph 3 of this Agreement, such payment or property shall be received by Xxxxxxxx in trust for Lender and shall immediately be delivered and transferred to Lender.
IN TRUST. As of the Effective Date, Shenin, on behalf of the Sellers, shall hold the Purchased Interest and all proceeds in respect thereof in trust for the sole use and benefit of Buyer and shall cooperate at any time to cause such interest to be transferred, subject to Assumed Obligations, to Buyer and at no cost to Buyer other than the cost of the actual fee paid or payable to the Government Authority for the transfer to Buyer of the Purchased Interest.
IN TRUST. NEVERTHELESS, upon the terms and trusts in the Trust Agreement and this Supplement Number Twenty set forth for the security of all present and future holders of the Bonds issued or to be issued under and secured by the Trust Agreement, without priority of any one Bond over any other by reason of series designation, form, number, date of authorization, issuance, sale, execution or delivery, or date of the Bond or of maturity, except as may be otherwise permitted by the Trust Agreement.
IN TRUST. Buyer shall hold the Shenin Interest and all proceeds in respect thereof in trust for the sole use and benefit of Shenin and shall cooperate at any time to cause such interest to be transferred free and clear of any Encumbrance to Shenin without withholding, reservation, deduction or setoff whatever, and at no cost to Shenin other than the cost of the actual fee paid or payable to the Government Authority for the transfer to Shenin of the Shenin Interest.
IN TRUST. Except as otherwise expressly agreed to herein, if Creditor shall receive any payments, collateral security, or other rights in any property of Borrower in violation of this Agreement, such payment or property shall be received by Creditor in trust for Foothill and shall immediately be delivered and transferred to Foothill.