Trust Money Sample Clauses

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.
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Trust Money. Buyer has paid or will pay within 5 days to Xxxxxxxx Title & Closing LLC, 0000 Xxxxx Xxxxxxx 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. In the event Purchaser fails to close the sale for any reason, Seller shall retain all non-refundable xxxxxxx money without reimbursement to Purchaser.
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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.
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Trust Money. Buyer has paid $ , Dollars, as Trust Money. Said amount is to be held in escrow by Xxxxxxxx Title & Closing, LLC, 0000 Xxxxx Xxxxxxx Rd., Suite 106, Bartlett, Tennessee 38134 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 xxxxxxx money without reimbursement to Purchaser.
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Trust Money. Xxxxxx & Co. acknowledges receipt of $ , Dollars, as Trust Money. Said amount is to be held in escrow by Xxxxxx & Co., LLC Realtors, 0000 Xxx 00, Xxxxxxx, XX 00000 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 xxxxxxx money without reimbursement to Purchaser.
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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.
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Related to Trust Money

  • Application of Trust Money The Trustee shall hold in trust money or U.S. Government Obligations deposited with it pursuant to this Article 8. It shall apply the deposited money and the money from U.S. Government Obligations through the Paying Agent and in accordance with this Indenture to the payment of principal of and interest on the Securities.

  • Repayment of Moneys Held by Paying Agent In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.03 and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

  • Deposited Moneys to be Held in Trust All moneys or Governmental Obligations deposited with the Trustee pursuant to Sections 11.01 or 11.02 shall be held in trust and shall be available for payment as due, either directly or through any paying agent (including the Company acting as its own paying agent), to the holders of the particular series of Securities for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee.

  • Moneys Held in Trust Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

  • Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions Subject to the provisions of the last paragraph of Section 1003, all money and U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee or other qualifying trustee (solely for purposes of this Section and Section 1506, the Trustee and any such other trustee are referred to collectively as the “Trustee”) pursuant to Section 1504 in respect of any Securities shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any such Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities, of all sums due and to become due thereon in respect of principal and any premium and interest, but money so held in trust need not be segregated from other funds except to the extent required by law. The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government Obligations deposited pursuant to Section 1504 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities. Anything in this Article to the contrary notwithstanding, the Trustee shall deliver or pay to the Company from time to time upon Company Request any money or U.S. Government Obligations held by it as provided in Section 1504 with respect to any Securities which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect the Defeasance or Covenant Defeasance, as the case may be, with respect to such Securities.

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