Common use of Deposited Monies to Be Held in Trust by Trustee Clause in Contracts

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.4, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was not in violation of Article Four, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 7 contracts

Samples: Please Insert Social Security (Brocade Communications Systems Inc), Indenture (Lattice Semiconductor Corp), Indenture (Imclone Systems Inc/De)

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Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.413.04, all monies deposited with the Trustee pursuant to Section 13.113.01, provided such deposit was not in violation of Article Four4, shall be held in trust for the sole benefit of the Noteholders Debentureholders and not to be subject to the subordination provisions of Article Four4, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes Debentures for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 5 contracts

Samples: Indenture (Mentor Graphics Corp), Indenture (Mentor Graphics Corp), Mentor Graphics Corp

Deposited Monies to Be Held in Trust by Trustee. Subject to ----------------------------------------------- Section 13.4, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was not in violation of Article Four, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 3 contracts

Samples: Riverstone Networks Inc, Viropharma Inc, At Home Corp

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.4, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was 13.1 and not in violation of Article Four, IV shall be held in trust for the sole benefit of the Noteholders Holders and not to be subject to the subordination provisions of Article FourIV, and such monies shall hall be applied by the Trustee to the payment, either directly or through any paying agent Paying Agent (including the Company if acting as its own paying agentPaying Agent), to the holders Holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 3 contracts

Samples: Atlantic Coast Airlines Inc, Kellstrom Industries Inc, Atlantic Coast Airlines Inc

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.413.04, all monies deposited with the Trustee pursuant to Section 13.113.01, provided such deposit was not in violation of Article Four, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 2 contracts

Samples: Kulicke and Soffa (Kulicke & Soffa Industries Inc), Kulicke and Soffa (Kulicke & Soffa Industries Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.413.04, all monies deposited with the Trustee pursuant to Section 13.113.01, provided that such deposit was not in violation of Article Four4, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four4, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including other than the Company if acting as its own paying agentCompany), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 2 contracts

Samples: LTX Corp, Globespan Inc/De

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.4, all monies deposited with the Trustee pursuant pursu ant to Section 13.1, provided such deposit was 13.1 and not in violation of Article Four, IV shall be held in trust for the sole benefit of the Noteholders Securityholders and not to be subject to the subordination provisions of Article FourIV, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes Securities for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 2 contracts

Samples: Securities Purchase Agreement (System Software Associates Inc), System Software (System Software Associates Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.413.04 hereof, all monies deposited with the Trustee pursuant to Section 13.113.01 hereof, provided such deposit was not in violation of Article Four4, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four4, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 1 contract

Samples: Kulicke and Soffa (Kulicke & Soffa Industries Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.4, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was not in violation of Article Four, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four, and such monies shall be applied by the Trustee to the payment, either directly or through any paying 59 67 agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 1 contract

Samples: Burr Brown Corp

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.413.04, all monies deposited with the Trustee pursuant to Section 13.113.01, provided such deposit was not in violation of Article Four4, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four4, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 1 contract

Samples: Indenture (Mentor Graphics Corp)

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Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.413.04, all monies deposited with the Trustee pursuant to Section 13.1----- 13.01, provided such deposit was not in violation of Article Four4, shall be held in ----- - trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article Four4, and such monies shall be applied by the - Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 1 contract

Samples: Indenture (Axcelis Technologies Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.4, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was not in violation of Article FourIV, shall be held in trust for the sole benefit of the Noteholders and not to be subject to the subordination provisions of Article FourIV, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 1 contract

Samples: Cymer Inc

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.4, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was 13.1 and not in violation of Article Four, IV shall be held in trust for the sole benefit of the Noteholders Holders and shall not to be subject to the subordination provisions of Article FourIV, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent Paying Agent (including the Company if acting as its own paying agentPaying Agent), to the holders Holders of the particular Notes Debentures for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premiumthe Principal Amount, if anyincluding Original Issue Discount.

Appears in 1 contract

Samples: Whole Foods Market Inc

Deposited Monies to Be Held in Trust by Trustee. Subject to Section 13.410.3, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was not in violation of Article Four, 10.1 shall be held in trust for the sole benefit of the Noteholders Holders and not to be subject to the subordination provisions of Article FourARTICLE XIII; provided, and that such monies were not deposited in violation of ARTICLE XIII. Such deposited monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest (including Contingent Interest and premiumAdditional Interest, if any.)

Appears in 1 contract

Samples: Synaptics Incorporated (Synaptics Inc)

Deposited Monies to Be Held in Trust by Trustee. Subject to ----------------------------------------------- Section 13.4, all monies deposited with the Trustee pursuant to Section 13.1, provided such deposit was 13.1 and ------------ ------------ not in violation of Article Four, IV shall be held in trust for the sole benefit of ---------- the Noteholders Securityholders and not to be subject to the subordination provisions of Article FourIV, and such monies shall be applied by the Trustee to the payment, ---------- either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Notes Securities for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest and premium, if any.

Appears in 1 contract

Samples: Indenture (System Software Associates Inc)

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