Monies and Shares of Common Stock to Be Held in Trust. All monies and shares of Common Stock received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and shares of Common Stock held by the Trustee in trust hereunder 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 money or shares of Common Stock received by it hereunder except as may be agreed from time to time by the Company and the Trustee.
Monies and Shares of Common Stock to Be Held in Trust. All monies and shares of Common Stock received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and shares of Common Stock held by the Trustee in trust hereunder need not be segregated from other funds or property except to the extent required by law. The Trustee shall be under no liability for interest on any money or shares of Common Stock received by it hereunder except as may be agreed from time to time by the Company and the Trustee. The Trustee shall not be obligated to take possession of any Common Stock, whether on conversion or in connection with any discharge of this Indenture pursuant to Article 3 hereof, but shall satisfy its obligation as Conversion Agent by working through the stock transfer agent of the Company from time to time as directed by the Company.
Monies and Shares of Common Stock to Be Held in Trust. All monies received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money held by the Trustee in trust hereunder 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 money received by it hereunder except as may be agreed from time to time by the Company and the Trustee. The Trustee shall not be obligated to take possession of any Common Stock, whether upon conversion or in connection with any discharge of this Indenture pursuant to Article 3 hereof, but shall satisfy its obligation as Conversion Agent by working through the stock transfer agent of the Company from time to time as directed by the Company.
Monies and Shares of Common Stock to Be Held in Trust. All monies and shares of Common Stock received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and shares of Common Stock held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law or as expressly provided herein. The Trustee shall be under no liability for interest on any money or shares of Common Stock received by it hereunder except as may be agreed from time to time by the Company and the Trustee. The Trustee shall not, nor shall any receiver appointed by or any agent of the Trustee, by reason of taking possession of any Common Stock or any part thereof or any other reason or on any basis whatsoever, be liable to account for anything expect actual receipts or be liable for any loss or damage arising from a realization of the Common Stock or any part thereof or from any act, default or omission in relation to the Common Stock or any part thereof or from any exercise or non-exercise by it of any power, authority or discretion conferred upon it in relation to the Common Stock or any part thereof unless such loss or damage shall be caused by its own fraud or gross negligence. The Trustee shall not have any responsibility or liability arising from the fact that the Common Stock may be held in safe custody by a custodian. The Trustee assumes no responsibility for the validity, sufficiency or enforceability of the Common Stock purported to be created by any document. In addition, the Trustee has no duty to monitor the performance by the Company of its obligations to the Trustee nor is the Trustee obliged (unless indemnified and/or secured (including by way of prefunding to its satisfaction) to take any other action which may involve the Trustee in any personal liability or expense).
Monies and Shares of Common Stock to Be Held in Trust. All monies and shares of Common Stock received by the Securities Administrator or the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and shares of Common Stock held by the Securities Administrator or the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. Neither the Securities Administrator nor the Trustee shall be under any liability for interest on any money or shares of Common Stock received by it hereunder except as may be agreed from time to time by the Company and the Securities Administrator or the Trustee.
Monies and Shares of Common Stock to Be Held in Trust. Section 7.06 .
Monies and Shares of Common Stock to Be Held in Trust. All monies and any shares of Common Stock received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and shares of Common Stock held by the Trustee in trust hereunder need not be segregated from other funds or property except to the extent required by law. The Trustee shall be under no liability for Special Interest and Additional Interest, if any, or investment income on any money or shares of Common Stock received by it hereunder except as may be agreed from time to time by the Company and the Trustee. The Trustee shall not be obligated to take possession of any Common Stock, whether on conversion or in connection with any discharge of this Indenture pursuant to Article 3 hereof, but shall satisfy its obligation as Conversion Agent by working through the stock transfer agent of the Company from time to time as directed by the Company.
