Trust Money Clause Samples
Trust Money. Buyer has paid or will pay within 5 days to ▇▇▇▇▇▇▇▇ Title & Closing LLC, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Rd, Suite 106, Bartlett, Tennessee 38134 the amount of $ , Dollars, as Trust Money. Said amount is to be held in escrow and will be applied to the purchase price at closing. NON-REFUNDBALE TRUST MONEY: Creekside Homes acknowledges receipt of $ , Dollars, as Non-Refundable Trust Money.
Trust Money. Subject to the provisions of the last paragraph of Section 1003, all money deposited with the Trustee pursuant to Section 401 shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such money has been deposited with the Trustee.
Trust Money. All money held by the Indenture Trustee pursuant to the provisions of this Indenture, subject to any provision herein to the contrary, shall be held by the Indenture Trustee as part of the Collateral as security for the Specified Creditors as herein provided. Any money held by the Indenture Trustee under the trusts of this Indenture shall be placed by the Indenture Trustee in Eligible Investments. Upon receipt of (i) a Certificate of the Trust stating that no Event of Default has occurred and is continuing; and (ii) a Written Order for payment to the Trust, the Indenture Trustee shall pay or cause to be paid all interest earned on money so deposited to the Trust.
Trust Money. ▇▇▇▇▇▇ & Co. acknowledges receipt of $ , Dollars, as Trust Money. Said amount is to be held in escrow by ▇▇▇▇▇▇ & Co., LLC Realtors, ▇▇▇▇ ▇▇▇ ▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ and will be applied to the purchase price at closing. NON-REFUNDBALE TRUST MONEY: Creekside Homes acknowledges receipt of , Dollars, as Non-Refundable Trust Money. Said amount will be applied to the purchase price at closing. In the event Purchaser fails to close the sale for any reason, Seller shall retain all non-refundable ▇▇▇▇▇▇▇ money without reimbursement to Purchaser.
Trust Money. Buyer has paid $ , Dollars, as Trust Money. Said amount is to be held in escrow by ▇▇▇▇▇▇▇▇ Title & Closing, LLC, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Rd., Suite 106, Bartlett, Tennessee 38134 and will be applied to the purchase price at closing. Dollars, as Non-Refundable Trust Money. Said amount will be applied to the purchase price at closing. In the event Purchaser fails to close the sale for any reason, Seller shall retain all non-refundable ▇▇▇▇▇▇▇ money without reimbursement to Purchaser.
Trust Money. Unless you open a deposit account with Macquarie, money provided by you for securities trading and the proceeds arising from the sale of your securities through Macquarie, and which are held on account by Macquarie shall be paid into any trust accounts maintained by Macquarie. Unless otherwise agreed all interest accruing on such proceeds will be to the benefit of Macquarie.
Trust Money. Any money received by this Firm to be placed in our Trust Account will be placed in a non-interest-bearing account unless specific written arrangements are made to the contrary.