Common use of Application of Trust Money Clause in Contracts

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 93 contracts

Samples: Indenture (Opteum Mortgage Acceptance CORP), Indenture (Home Equity Loan Trust 2006-Hsa4), Servicing Agreement (Long Beach Securities Corp)

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Application of Trust Money. All monies money deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.01 shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, payment to the Holders of Securitiesthe particular Notes for the payment or redemption of which the money has been deposited with the Indenture Trustee, of all sums due and to become due thereon on them for principal and interest; but such monies . That money need not be segregated from other funds except to the extent required herein in this Indenture or required by law.

Appears in 69 contracts

Samples: Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Custodial Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders Securityholders of Securities, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 51 contracts

Samples: Wachovia Asset (Wachovia Asset Securitization Inc 2002 He2 Trust), Phoenix Residential Securities, LLC, Phoenix Residential Securities, LLC

Application of Trust Money. All monies money deposited with the Indenture Trustee pursuant to Section 4.10 Sections 3.03 and 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of SecuritiesPersons entitled thereto, of all sums due and to become due thereon for the principal and interest; but interest for whose payment such monies need not be segregated from other funds except to money has been deposited with the extent required herein or required by lawIndenture Trustee.

Appears in 40 contracts

Samples: Indenture (NovaStar Certificates Financing CORP), Indenture (Accredited Mortgage Loan REIT Trust), Indenture (Accredited Mortgage Loan REIT Trust)

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.01 shall be held in trust and applied by it, it in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securitiesthe particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 24 contracts

Samples: Indenture (BMW Vehicle Owner Trust 2023-A), Trust Agreement (BMW Vehicle Owner Trust 2023-A), Trust Agreement (BMW Vehicle Owner Trust 2022-A)

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 Sections 3.03 and 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, the Notes for the payment of all sums due and to become due thereon for principal and interest; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or otherwise required by law.

Appears in 11 contracts

Samples: Indenture (Sast 2006-3), Indenture (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4), Sale and Servicing Agreement (Structured Asset Sec Corp Thornburg Mort Sec Trust 2003 6)

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies moneys need not be segregated from other funds except to the extent required herein or required by law.

Appears in 9 contracts

Samples: J P Morgan Acceptance Corp I, Indenture (Cwabs Inc), Indenture (Equity One Abs Inc)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Note Paying Agent, as the Indenture Trustee may determine, to the Holders of Securitiesthe particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 8 contracts

Samples: Indenture (Greenpoint Home Equity Loan Trust 1999 2), Indenture (Prudential Securities Secured Financing Corp), Indenture (Prudential Securities Secured Financing Corp)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.11 shall be held in trust and applied by it, the Indenture Trustee in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any the Paying Agent or the Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, Securityholders of all sums due and to become due thereon for principal and interest; but provided, that such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 7 contracts

Samples: Irwin Whole Loan Home Equity Trust 2005-A, Irwin Home Equity Loan Trust 2005-1, Indenture (Bear Stearns Asset Backed Securities Inc)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.01 shall be held in trust and applied by it, it in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe applicable Indenture Supplement, to make payments, through the Paying Agent, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as Noteholders and for the payment in respect of which such monies have been deposited with the Indenture Trustee may determine, to the Holders of SecuritiesTrustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Domus Holdings Corp), Purchase Agreement (Realogy Corp), Purchase Agreement (NRT Settlement Services of Missouri LLC)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of SecuritiesSecurityholders, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 4 contracts

Samples: Indenture (CSFB Acceptance Corp Home Equity Loan Back Notes Ser 2003-A), Home Equity Loan-Backed Notes Series 2003-D, Irwin Whole Loan Home Equity Trust 2005-B

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.01 shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to make payments to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as Noteholders for the payment in respect of which such monies have been deposited with the Indenture Trustee may determine, to the Holders of SecuritiesTrustee, of all sums due and to become due thereon for principal and interest; but provided, however, such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Appears in 3 contracts

Samples: Indenture (OneMain Financial Holdings, Inc.), Indenture (OneMain Financial Holdings, Inc.), Indenture (OneMain Financial Holdings, Inc.)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agentthe Issuer, as applicable, as the Indenture Trustee may determine, to the Holders of SecuritiesNotes, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 3 contracts

Samples: Indenture (Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2), Default And (Afc Mortgage Loan Asset Backed Notes Series 2000-1), Indenture (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or the Certificate Paying AgentAgent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 3 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4), Servicing Agreement (American Home Mortgage Investment Trust 2004-3), Indenture (American Home Mortgage Investment Trust 2004-2)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.of

Appears in 3 contracts

Samples: Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Residential Funding Mortgage Securities Ii Inc, Home Loan Trust 2004-Hi2

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of SecuritiesNotes, of all sums due and to become due thereon for principal and interest; but such monies moneys need not be segregated from other funds except to the extent required herein or required by law.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2), Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 2 contracts

Samples: Indenture (Imh Assets Corp), Imh Assets Corp

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Note Paying Agent, as the Indenture Trustee may determine, to the Holders of Securitiesthe particular Notes for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except interest and to the extent required herein or required by lawInsurer for the payment of any amounts due to it under the Basic Documents.

Appears in 2 contracts

Samples: Indenture (Sequoia HELOC Trust 2004-1), Greenpoint Mortgage Securities Inc/

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.1 shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenture, to Article IV of the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due Sale and to become due thereon for principal and interest; but such Servicing Agreement. Such monies need not be segregated from other funds except to the extent required herein herein, in the Sale and Servicing Agreement or required by law.

Appears in 2 contracts

Samples: Volkswagen Public Auto Loan Securitization LLC, Vw Credit Leasing LTD

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to make payments to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as Noteholders for the payment in respect of which such monies have been deposited with the Indenture Trustee may determine, to the Holders of SecuritiesTrustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or in the Sale and Servicing Agreement or required by law.

Appears in 2 contracts

Samples: Indenture (Springleaf Finance Corp), Indenture (Springleaf Holdings, Inc.)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, the Indenture Trustee in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any the Paying Agent or the Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, Securityholders of all sums due and to become due thereon for principal and interest; but provided, that such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 2 contracts

Samples: Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 2001-2, Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 1999-2

Application of Trust Money. All monies moneys deposited with -------------------------- the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies moneys need not be segregated from other funds except to the extent required herein or required by law.

Appears in 2 contracts

Samples: Master Servicing Agreement (Indymac Abs Inc), Master Servicing Agreement (Provident Bank)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe Sale and Servicing Agreement, to the payment, either directly or through any Paying Agent or Certificate Note Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of Securities, the particular Notes for the payment or redemption of all sums due and to become due thereon for principal and interest; but which such monies need not be segregated from other funds except to have been deposited in the extent required herein or required Payment Account by lawthe Indenture Trustee.

Appears in 1 contract

Samples: Indenture (Morgan Stanley Abs Capital I Inc)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agentpaying agent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of SecuritiesNotes, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: New York Mortgage Trust Inc

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Note Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of Securities, the particular Notes for the payment or redemption of all sums due and to become due thereon for principal and interest; but which such monies need not be segregated from other funds except to have been deposited with the extent required herein or required by lawIndenture Trustee.

Appears in 1 contract

Samples: Indenture (Advanta Revolving Home Equity Loan Trust 2000 A)

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 Sections 3.3 and 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, the Notes for the payment of all sums due and to become due thereon for principal and interest; but such monies moneys need not be segregated from other funds except to the extent required herein or in the Servicing Agreement or otherwise required by law.

Appears in 1 contract

Samples: Sale Agreement (Lares Asset Securitization, Inc.)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.. Section 4.12

Appears in 1 contract

Samples: Material Definitive Agreement (Structured Asset Mortgage Investments Ii Inc)

Application of Trust Money. All Subject to the last paragraph of Section 11.03, all monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 5.01 shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of SecuritiesPersons entitled thereto, of all sums due and to become due thereon for the principal and interestinterest for whose payment such money has been deposited with the Indenture Trustee; but such monies money need not be segregated from other funds except to the extent required herein or to the extent required by law.

Appears in 1 contract

Samples: Indenture (Andersons Inc)

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Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 5.01 shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders Person entitled thereto of Securities, of all sums due and to become due thereon for the principal and interestinterest for the payment of which such money has been deposited with the Indenture Trustee; but such monies money need not be segregated from other funds except to the extent otherwise expressly required herein or required by law.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Commercial Assets Inc)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Agent, Certificate Paying Agent, Agent as designee of the Indenture Trustee may determineIssuer, to the Holders of SecuritiesNotes or Certificates, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Indenture (Home Loan Mortgage Loan Trust 2004-2)

Application of Trust Money. All monies deposited with the -------------------------- Indenture Trustee pursuant to Section 4.10 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Note Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of Securities, the particular Notes for the payment or redemption of all sums due and to become due thereon for principal and interest; but which such monies need not be segregated from other funds except to have been deposited with the extent required herein or required by lawIndenture Trustee.

Appears in 1 contract

Samples: Indenture (J P Morgan Acceptance Corp I)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.01 shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Note Paying Agent, as the Indenture Trustee may determine, to the Holders Noteholders of Securities, the particular Notes for the payment or redemption of all sums due and to become due thereon for principal and interest; but which such monies need not be segregated from other funds except to have been deposited in the extent required herein or required Note Account by lawthe Indenture Trustee.

Appears in 1 contract

Samples: Indenture (Advanta Conduit Receivables Inc)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.01 shall be held in trust and applied by it, it in accordance with the ------------- provisions of the Notes Notes, this Indenture and this Indenturethe applicable Indenture Supplement, to make payments, through the Paying Agent, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as Noteholders and for the payment in respect of which such monies have been deposited with the Indenture Trustee may determine, to the Holders of SecuritiesTrustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Master Indenture (Levi Strauss & Co)

Application of Trust Money. All monies deposited with the -------------------------- Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the [Holders of Securities], of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Servicing Agreement (Greenpoint Credit LLC)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 9.01 shall be held in trust and applied by itthe Indenture Trustee, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, payment to the Holders of Securities, the Bonds of all sums due and to become due thereon for principal and interest; , but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the paymentpay- ment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Inden- ture Trustee may determine, to the Holders of SecuritiesNotes, of all sums due and to become due thereon for principal and interest; but such monies moneys need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1)

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof Sections 4.1 and 4.2 shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.or

Appears in 1 contract

Samples: Ford Credit Auto Receivables Two L P

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Bond Paying Agent, as the Indenture Trustee may determine, to the Holders of Securitiesthe particular Bonds for the payment or redemption of which such monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except interest and to the extent required herein or required by lawInsurer for the payment of any amounts due to it under the Basic Documents.

Appears in 1 contract

Samples: Sequoia Residential Funding Inc

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 4.01 hereof shall be held in trust and (a) applied by it, it in accordance with the provisions of the Notes Notes, the Sale and Servicing Agreement and this Indenture, Indenture to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, the particular Notes for the payment of all sums due and to become due thereon for principal and interest; but which such monies need not be segregated from other funds except to the extent required herein or required by law.moneys

Appears in 1 contract

Samples: Toyota Motor Credit Corp

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof this Indenture shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or the Certificate Paying AgentAgent as designee of the Issuer, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Indenture (GSR Trust 2005-Hel1)

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 hereof 4.01 shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly payment to the Noteholders of the particular Notes for the payment or through any Paying Agent or Certificate Paying Agent, as redemption of which such moneys have been deposited with the Indenture Trustee may determine, to the Holders of SecuritiesTrustee, of all sums due and to become due thereon for principal and interest; but provided, that such monies moneys need not be segregated from other funds except to the extent required herein or in the 2011-A Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (General Motors Financial Company, Inc.)

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securitiesthe particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.provided such

Appears in 1 contract

Samples: Caterpillar Financial Funding Corp

Application of Trust Money. All monies deposited with the Indenture Trustee pursuant to Section 4.10 hereof 5.1 shall be held in trust for the Noteholders and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, payment of all sums due and to become due thereon for principal and premium, if any, and interest; , but such monies need not be segregated from other funds except to the extent required herein or required by applicable law.

Appears in 1 contract

Samples: Crystal Oil Co

Application of Trust Money. All monies moneys deposited with the Indenture Trustee pursuant to Section 4.10 hereof here- of shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of SecuritiesNotes, of all sums due and to become due thereon for principal and interest; but such monies moneys need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2)

Application of Trust Money. All monies deposited with -------------------------- the Indenture Trustee pursuant to Section 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent or Certificate Paying Agent, as the Indenture Trustee may determine, to the Holders of Securities, of all sums due and to become due thereon for principal and interest; but such monies need not be segregated from other funds except to the extent required herein or required by law.

Appears in 1 contract

Samples: Administration Agreement (Credit Suisse First Boston Mortgage Securities Corp)

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