Common use of Interim Provisions Clause in Contracts

Interim Provisions. Until assigned to Entrust with the requisite consent, ------------------ NTL shall hold each Assumed Contract in trust for the benefit of Entrust as of the Effective Date. NTL shall, at the request and expense (but only to the extent that such expenses are reasonable) and under the direction of Entrust, take all such commercially reasonable actions and do or cause to be done all such commercially reasonable things as are necessary or proper in order that the obligations of NTL thereunder may be performed in such manner that the value of an Assumed Contract so held in trust is preserved and enures to the benefit of Entrust, and that the collection of any moneys to become due and payable after the Effective Date in and under the Assumed Contract are received by Entrust; and NTL shall pay over to Entrust all moneys collected by or paid to Nortel in respect of every such Assumed Contract once a month. Entrust shall save NTL harmless from any claim or liability under or in respect of each Assumed Contract arising because of any action of Nortel taken pursuant to the foregoing sentence.

Interim Provisions. Until assigned to Entrust with the requisite consent, ------------------ NTL NTI shall hold each Assumed Contract in trust for the benefit of Entrust as of the Effective Date. NTL NTI shall, at the request and expense (but only to the extent that such expenses are reasonable) and under the direction of Entrust, take all such commercially reasonable actions and do or cause to be done all such commercially reasonable things as are necessary or proper in order that the obligations of NTL NTI thereunder may be performed in such manner that the value of an the Assumed Contract so held in trust is preserved and enures to the benefit of Entrust, and that the collection of any moneys to become due and payable after the Effective Date in and under the Assumed Contract are received by Entrust; and NTL NTI shall pay over to Entrust all moneys collected by or paid to Nortel NTI in respect of every such Assumed Contract once a month. Entrust shall save NTL NTI harmless from any claim or liability under or in respect of each Assumed Contract arising because of any action of Nortel NTI taken pursuant to the foregoing sentence.