Common use of Moneys to be Held in Trust Clause in Contracts

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash Collateral Agreement shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by it.

Appears in 2 contracts

Samples: Collateral Agreement, Collateral Trust Agreement (Ocwen Financial Corp)

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Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Collateral Trust Agreement or the Cash any Collateral Agreement Trust Security Document (except Collateral Trustee Fees) shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by itheld.

Appears in 1 contract

Samples: Collateral Trust Agreement (Tenneco Inc)

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash Collateral Agreement any other Security Document shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by it.

Appears in 1 contract

Samples: Collateral Trust Agreement (Environmental Power Corp)

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash any Shared Collateral Agreement Document shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by itheld.

Appears in 1 contract

Samples: Collateral Trust Agreement (FMC Corp)

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash Collateral Agreement (except for its own fees) shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by itheld.

Appears in 1 contract

Samples: Collateral Trust and Security Agreement (Southern Peru LTD)

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash any Collateral Agreement Document shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by it.

Appears in 1 contract

Samples: Note and Collateral Trust Agreement (Andover Togs Inc)

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash any Shared Collateral Agreement Document shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by it.

Appears in 1 contract

Samples: Collateral Trust Agreement (Polyone Corp)

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Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or any Trust Security Document (except Trustee Fees that are required to be paid by the Cash Collateral Agreement Borrower hereunder) shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by itheld.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Tesla Motors Inc)

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash Collateral Agreement any Trust Security Document (except Trustee Fees) shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by itheld.

Appears in 1 contract

Samples: Credit Agreement (General Motors Co)

Moneys to be Held in Trust. All moneys received by the Collateral Trustee under or pursuant to any provision of this Agreement or the Cash Collateral Agreement any Security Document shall be segregated and held in trust for the purposes for which they were paid or are held and the Collateral Trustee shall exercise ordinary care in the handling of any such moneys actually received by itheld.

Appears in 1 contract

Samples: Collateral Trust Agreement (Lindblad Expeditions Holdings, Inc.)

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