Common use of Application of Money Collected Clause in Contracts

Application of Money Collected. Subject to the provisions of Article Fifteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 15 contracts

Samples: Indenture (Atlantic City Electric Co), Indenture (Texas Utilities Electric Co), Trust Agreement (Allete Capital Iii)

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Application of Money Collected. Subject to the provisions of Article FifteenThirteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any), interest or interest, if anyany Additional Amounts, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Securities, and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 10 contracts

Samples: Indenture (Aviall Services Inc), Indenture (Transocean Offshore Inc), Satisfaction And (Landrys Seafood Restaurants Inc)

Application of Money Collected. Subject to the provisions of Article Fifteen13, any money and property collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money and property on account of principal or premium, if any, or interestinterest (including Liquidated Damages, if any), upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 7 contracts

Samples: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Cv Therapeutics Inc), Indenture (Vertex Pharmaceuticals Inc / Ma)

Application of Money Collected. Subject to the provisions of Article Fifteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interest, if any, upon presentation pre- sentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 5 contracts

Samples: Texas Utilities Co /Tx/, Tu Electric Capital Ii, Mp&l Capital I

Application of Money Collected. Subject to the provisions of Article FifteenThirteen, any money collected by the Trustee pursuant to this Article shall be applied applied, subject to applicable law, in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Notes and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 4 contracts

Samples: Indenture (Sanmina-Sci Corp), Indenture (Sanmina-Sci Corp), Sanmina-Sci Corp

Application of Money Collected. Subject to the provisions of Article Fifteen, any Any money collected by the Trustee pursuant to this Article, subject to Article Fourteen, if applicable, shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, any premium or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 4 contracts

Samples: Indenture (Psi Energy Inc), Indenture (Cinergy Corp), Cinergy Corp

Application of Money Collected. Subject to the provisions of Article FifteenTwelve, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premiuminterest (including Additional Payments, if any, or interest, if any), upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Convertible Debentures and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 3 contracts

Samples: Indenture (Sun Healthcare Group Inc), Central Parking Corp, Sun Healthcare Group Inc

Application of Money Collected. Subject to the provisions of Article FifteenFifteen hereof, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 3 contracts

Samples: Indenture (Xo Communications Inc), Indenture (Xo Communications Inc), Xo Communications Inc

Application of Money Collected. Subject to the provisions of Article Fifteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Notes and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Borg Warner Security Corp, Nine West Group Inc /De

Application of Money Collected. Subject to the provisions of Article Fifteen13, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Indenture (Analog Devices Inc), Indenture (Analog Devices Inc)

Application of Money Collected. Subject to the provisions of Article Fifteen13, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interestinterest (including Additional Interest, if any), upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Notes and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Indenture (Ciphergen Biosystems Inc), Exchange and Redemption Agreement (Ciphergen Biosystems Inc)

Application of Money Collected. Subject to the provisions of Article Fifteen, any Any money collected by the Trustee pursuant to this Article shall be applied applied, after giving effect to the provisions of Article Eighteen, in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or (and premium, if any, ) or interest, if any, upon presentation of the Debt Securities of any series in respect of which or for the benefit of which such money shall have has been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Meridian Resource CORP, Tesoro Alaska Co

Application of Money Collected. Subject to the provisions of Article Fifteen, any money collected by the Trustee with respect to a particular series of Securities pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Montana Power Co /Mt/, Montana Power Capital I

Application of Money Collected. Subject to the provisions of Article FifteenThirteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Indenture (Banknorth Capital Trust Ii), Chittenden Corp /Vt/

Application of Money Collected. Subject to the provisions of Article FifteenFourteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Notes and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Indenture (Citadel License Inc), Citadel Communications Corp

Application of Money Collected. Subject to the provisions of Article Fifteen17, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal principal, or any premium, if any, interest or interest, if anyAdditional Amounts, upon presentation of the Securities in respect of which or for Coupons, or both, as the benefit of which such money shall have been collected case may be, and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Trust Indenture (Safeco Corp)

Application of Money Collected. [IF APPLICABLE, INSERT -- Subject to the provisions of Article Fifteen, any 15,] Any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, any premium or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Patterson Energy Inc

Application of Money Collected. Subject to the provisions of Article Fifteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, any premium or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Nabors Industries Inc

Application of Money Collected. Subject to the provisions of Article FifteenTwelve, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Debentures and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Indenture (Gentiva Health Services Inc)

Application of Money Collected. Subject to Article Fourteen and the provisions terms of Article Fifteenthe Security Documents, any money collected by the Trustee pursuant to this Article shall be applied applied, subject to applicable law, in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Notes and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Indenture (Sanmina-Sci Corp)

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Application of Money Collected. Subject to the provisions of Article Fifteen13, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interestinterest (including Liquidated Damages, if any), upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Notes and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Radisys Corp

Application of Money Collected. Subject to the provisions of Article Articles Thirteen and Fifteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premiumof, premium (if any, ) or interest, if anyinterest on or any Additional Amounts with respect to any Securities, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Securities, and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Indenture (Primero Gas Marketing Co Inc)

Application of Money Collected. Subject to the provisions of Article Fifteen13, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premiuminterest (including Contingent Interest and Additional Interest, if any, or interest, if any, ) upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: L 3 Communications Holdings Inc

Application of Money Collected. Subject to the provisions of Article Fifteen16, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal principal, or any premium, if any, interest or interest, if anyAdditional Amounts, upon presentation of the Securities in respect of which or for Coupons, or both, as the benefit of which such money shall have been collected case may be, and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Trust Indenture (Safeco Corp)

Application of Money Collected. [Subject to the provisions of Article Fifteen, ,]* any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Indenture (Carolina Power & Light Co)

Application of Money Collected. Subject to the provisions of Article FifteenSeventeen, any money Money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money Money on account of principal principal, or any premium, if any, interest or interest, if anyAdditional Amounts, upon presentation of the Securities in respect of which or for Coupons, or both, as the benefit of which such money shall have been collected case may be, and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Old Kent Financial Corp /Mi/

Application of Money Collected. Subject to the provisions of Article Articles Fourteen and Fifteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, to the extent permitted by law, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Pp&l Capital Funding Trust I

Application of Money Collected. Subject to the provisions of Article FifteenSixteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for coupons, or both, as the benefit of which such money shall have been collected case may be, and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Cendant Corp

Application of Money Collected. Subject to the provisions of Article Fifteen13 and applicable law, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee upon prior written notice to the Company and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected Notes and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: A) (Insilco Corp/De/)

Application of Money Collected. Subject to the provisions of Article Fifteen, any money collected by the Trustee pursuant to this Article Arti- cle shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Enserch Capital I

Application of Money Collected. Subject to the provisions of Article Fifteen, any Any money collected by the Trustee pursuant to this Article shall be subject to the provisions of Article 15 hereof and be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interestinterest or Additional Amounts, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Txu Australia Holdings Partnership L P

Application of Money Collected. Subject to the provisions of Article Fifteen, Twelve any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Cablevision Systems Corp

Application of Money Collected. Subject to the provisions of Article Fifteen, any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any, ) or interest, if any, upon presentation of the Securities in respect of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Indenture (Suntrust Banks Inc)

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