Common use of Money Held in Trust Clause in Contracts

Money Held in Trust. Money or property 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 otherwise agreed in writing with the Company.

Appears in 10 contracts

Samples: Indenture (Epix Medical Inc), Indenture (Mercury Computer Systems Inc), Tia     Indenture (Solectron Corp)

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Money Held in Trust. Money or property Except as provided in Section 402 and Section 1003, 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 otherwise agreed in writing with the CompanyIssuer.

Appears in 8 contracts

Samples: Indenture (Arden Realty LTD), Indenture (Equity Office Properties Trust), Indenture (Equity Office Properties Trust)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds funds, except to the extent required by lawlaw or as otherwise provided in the Indenture. The Trustee shall be under no liability for interest on or investment of any money received by it hereunder (provided that the Trustee has invested such money in accordance with a Company Order) except as expressly provided herein or otherwise agreed in writing with with, and for the sole benefit of, the Company.

Appears in 6 contracts

Samples: Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need shall 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 otherwise expressly agreed in writing with the Company.

Appears in 5 contracts

Samples: Indenture (Networks Associates Inc/), Indenture (Mindspeed Technologies, Inc), Indenture (Infocrossing Inc)

Money Held in Trust. Money or property held by the Trustee in trust hereunder (including amounts held by the Trustee as Paying Agent) 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 otherwise agreed upon in writing with the CompanyIssuers.

Appears in 5 contracts

Samples: Indenture (Meristar Hospitality Operating Partnership Lp), Indenture (Meristar Hospitality Corp), Meristar Sub 7g (Meristar Hospitality Operating Partnership Lp)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds 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 expressly provided herein or otherwise agreed in writing with with, and for the sole benefit of, the Company.

Appears in 5 contracts

Samples: Indenture (Txu Corp /Tx/), Indenture (Laclede Capital Trust I), Txu Capital Iv

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money or property held in trust by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be , and except for money held in under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyArticle Eight of this Indenture.

Appears in 5 contracts

Samples: Loral Cyberstar (Loral Space & Communications LTD), Loral Cyberstar (Loral Space & Communications LTD), Loral Cyberstar (Loral Cyberstar Inc)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by this Indenture or by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyIssuer and except to the extent of income or other gain on investments which are obligations of the Trustee, in its commercial capacity, and income or other gain actually received by the Trustee on investments, which are obligations of others.

Appears in 5 contracts

Samples: Indenture (Sequoia Mortgage Funding Corp), Indenture (Sequoia Mortgage Funding Corp), Indenture (Merrill Lynch Mortgage Investors Inc)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by this Indenture or by applicable law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyIssuer and except to the extent of income or other gain on investments that are obligations of State Street Bank and Trust Company in either its commercial or trust capacity hereunder.

Appears in 4 contracts

Samples: Custodial Agreement (National Collegiate Trust 1996-S2), Administration Agreement (National Collegiate Trust 1997-S2), Custodial Agreement (National Collegiate Trust 1996-S2)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not shall be segregated from other funds except to the extent required by lawfunds. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise expressly agreed in writing with the Company.

Appears in 4 contracts

Samples: Exchange and Redemption Agreement (Ciphergen Biosystems Inc), Indenture (Ciphergen Biosystems Inc), Resale Registration Rights Agreement (Primus Telecommunications Group Inc)

Money Held in Trust. Money or property held by the Trustee Trustee, or by any Paying Agent (other than the Company if the Company shall act as Paying Agent), 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 otherwise agreed in writing with the Company.

Appears in 4 contracts

Samples: Indenture (Berkshire Hathaway Energy Co), Indenture (Midamerican Energy Holdings Co /New/), Indenture (Southwest Gas Corp)

Money Held in Trust. Money or property 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 otherwise agreed in writing with the Company.

Appears in 4 contracts

Samples: National Retail Properties, Inc., Commercial Net Lease Realty Inc, Commercial Net Lease Realty Inc

Money Held in Trust. Money or property held by the Trustee in trust hereunder (including amounts held by the Trustee as Paying Agent) 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 otherwise agreed upon in writing with the CompanyIssuer.

Appears in 4 contracts

Samples: Indenture (Cnooc LTD), Indenture (Nexen Inc), Indenture (Nexen Inc)

Money Held in Trust. Money or property held by the Trustee for any series of Securities 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 otherwise agreed in writing with the Company.

Appears in 4 contracts

Samples: O&M Halyard, Inc., O&M Halyard, Inc., Owens & Minor Inc/Va/

Money Held in Trust. Money or property held by the Trustee Trustee, or by any Paying Agent (other than the Company if the Company shall act as Paying Agent), 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 otherwise agreed in writing with the Company.

Appears in 4 contracts

Samples: Indenture (Southwest Gas Corp), Indenture (Southwest Gas Corp), Indenture (Southwest Gas Corp)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall will be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyCompany or any Subsidiary Guarantor.

Appears in 3 contracts

Samples: Indenture (Mission Resources Corp), Indenture (Abraxas Petroleum Corp), Indenture (Pan American Energy Finance Corp)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other trust funds except to the extent required herein or required by lawLaw. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyDepositor and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Trustee in its commercial capacity.

Appears in 3 contracts

Samples: Master Servicing and Trust Agreement (Gs Mortgage Securities Corp Gsamp Trust 2004-Sea1), Trust and Servicing Agreement (Gs Mortgage Sec Corp Mort Pass THR Cert Ser 2003-1), Trust and Servicing Agreement (Gs Mortgage Securities Corp)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by Section 8.03, by any other provision of this Indenture or by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyIssuer and except to the extent of income or other gain on investments which are obligations of the Trustee, in its commercial capacity, and income or other gain actually received by the Trustee on investments which are obligations of others.

Appears in 3 contracts

Samples: Mid-State Homes Inc, Mid State Trust Vi, Mid State Trust Vi

Money Held in Trust. Money or property 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 or for losses on any investments made by it pursuant to this Section 12.05 except as otherwise agreed in writing with the Company.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except as otherwise expressly provided in this Indenture or to the extent required by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 2 contracts

Samples: Egan Hub Partners Lp, Brazos Sportswear Inc /De/

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required herein or by law. The Trustee shall will be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 2 contracts

Samples: Dow Corning Corp, CTS Corp

Money Held in Trust. Money or property Except as provided in Section 1.15, money held by the Trustee or any Paying Agent in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee or any Paying Agent shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 2 contracts

Samples: Apex Silver Mines LTD, Apex Silver Mines LTD

Money Held in Trust. Money or property 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 otherwise agreed in writing with the Company. SECTION 6.07.

Appears in 2 contracts

Samples: Toro Co, Toro Co

Money Held in Trust. Money or property Except as provided in Section 402 and Section 1003, 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 otherwise agreed in writing with the CompanyIssuer.

Appears in 2 contracts

Samples: Indenture (Rait Investment Trust), Indenture (Rait Investment Trust)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds Trust Funds except to the extent required herein or required by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanySeller and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Trustee in its commercial capacity.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Money Held in Trust. Money or property 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 Money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Indenture (Questar Market Resources Inc)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by applicable law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Aquila Inc

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Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by this Indenture or by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed to the extent of income or other gain on investments which are obligations of the Trustee in writing with its commercial capacity, and income or other gain actually received by the CompanyTrustee on investments which are obligations of others.

Appears in 1 contract

Samples: Note Purchase Agreement (Specialty Trust Inc)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by Section 8.04, by any other provision of this Indenture or by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyIssuer and except to the extent of income or other gain on investments which are obligations of the Trustee, in its commercial capacity, and income or other gain actually received by the Trustee on investments which are obligations of others.

Appears in 1 contract

Samples: Mid State Trust Vi

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except as provided in Section 1.15 and 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 otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Abitibi Consolidated Inc

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by this Indenture or by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed provided in writing with the CompanySection 7.4.

Appears in 1 contract

Samples: La Man Corporation

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The 43 Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Computer Associates International Inc

Money Held in Trust. Money or property 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 otherwise agreed in writing with the Company.. ARTICLE 8

Appears in 1 contract

Samples: Costco Companies Inc

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law, but the Trustee shall hold the same in trust for the persons entitled thereto. The Trustee shall be under no liability for interest on any money received by it hereunder hereunder, except as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Colonial Bancgroup Inc

Money Held in Trust. Money or property 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 otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Indenture (Hewlett Packard Co)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required herein or by law. The Trustee shall will be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyIssuers.

Appears in 1 contract

Samples: Hockey Co

Money Held in Trust. Money or property held by the Trustee Trustee, or by any ------------------- Paying Agent (other than the Company if the Company shall act as Paying Agent), 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 otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Indenture (Times Mirror Co /New/)

Money Held in Trust. Money or property 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 in writing for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Illinois Power Co

Money Held in Trust. Money or property 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 otherwise agreed to in writing with by the CompanyCompany and the Trustee.

Appears in 1 contract

Samples: Indenture (Motorola Inc)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required herein or by law. The Trustee shall will be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company. SECTION 10.06.

Appears in 1 contract

Samples: MFN Financial Corp

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The 77 77 Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Securities Indenture (National City Capital Trust I)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other trust funds except to the extent required herein or 108 120 required by law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the CompanySponsor and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Advanta Mortgage Conduit Services Inc)

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from other funds funds, except to the extent required by law. The Trustee shall be under no liability for interest on any money received by it hereunder hereunder, except as otherwise agreed in writing with the CompanyObligor.

Appears in 1 contract

Samples: Alpine Group Inc /De/

Money Held in Trust. Money or property held by the Trustee in trust hereunder need not be segregated from form 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 otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Delta Financial Corp

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