Common use of Money Held in Trust Clause in Contracts

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 46 contracts

Samples: Indenture (Palmer Square Capital BDC Inc.), Indenture and Security Agreement (Blue Owl Capital Corp), Indenture (MSD Investment Corp.)

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Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except as otherwise agreed upon with the Issuer and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 13 contracts

Samples: Gramercy Real (Gramercy Capital Corp), Management Agreement and Servicing Agreement (CBRE Realty Finance Inc), Cdo Servicing Agreement (Gramercy Capital Corp)

Money Held in Trust. Money held by the Collateral Trustee hereunder shall be held in trust to the extent required herein. The Collateral Trustee shall be under no liability for interest on any Money received by it hereunder except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Collateral Trustee on Eligible Investments.

Appears in 10 contracts

Samples: Indenture and Security Agreement (PennantPark Floating Rate Capital Ltd.), Indenture and Security Agreement (Blue Owl Capital Corp), Indenture (Barings Private Credit Corp)

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money money received by it hereunder except as otherwise agreed upon with the Issuer and except to the extent of income or other gain on investments which that are deposits in or certificates of deposit of the Bank Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 8 contracts

Samples: Indenture (FS Energy & Power Fund), Indenture (FS Investment Corp III), Indenture (FS Investment Corp II)

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder hereunder, except in its capacity as the Bank to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 5 contracts

Samples: BCC Middle (Bain Capital Specialty Finance, Inc.), Indenture (JMP Group LLC), Management Agreement (TPG RE Finance Trust, Inc.)

Money Held in Trust. Money held by the Trustee in trust hereunder shall shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required hereinby law. The Trustee shall be under no liability for interest on any Money money received by it hereunder except to as otherwise agreed with the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible InvestmentsIssuers.

Appears in 3 contracts

Samples: Indenture (Directv), Indenture (Directv Holdings LLC), Indenture (Directv)

Money Held in Trust. Money held by the Indenture Trustee hereunder shall be held in trust to the extent required herein. The Indenture Trustee shall be under no liability for interest on any Money received by it hereunder except as otherwise agreed upon with the Co-Issuers and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank Indenture Trustee in its commercial capacity and income or other gain actually received by the Indenture Trustee on Eligible Investments.

Appears in 2 contracts

Samples: Weight Watchers Agreement (Ihop Corp), Ihop Corp

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank (or one of its Affiliates) in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 2 contracts

Samples: Indenture (Monroe Capital Income Plus Corp), Indenture (Monroe Capital Income Plus Corp)

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except as otherwise agreed upon with the Issuers and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Permitted Investments.

Appears in 1 contract

Samples: Enron International Cpo Inc

Money Held in Trust. Money held by the Trustee in trust hereunder shall shall, until used or applied as herein provided, be held in trust for the purposes for which they were received but need not be segregated from other funds except to the extent required hereinby law. The Trustee shall be under no liability for interest on any Money money received by it hereunder except to as otherwise agreed with the extent of income issuing Company or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible InvestmentsGuarantor.

Appears in 1 contract

Samples: Berkshire Hathaway Finance Corp

Money Held in Trust. Money held by the Trustee hereunder shall will be held in trust to the extent required herein. The Trustee shall be is under no liability for interest on any Money received by it hereunder except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.which

Appears in 1 contract

Samples: Blackstone Private Credit Fund

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Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.. 119

Appears in 1 contract

Samples: Indenture (Golub Capital Investment Corp)

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.. 116

Appears in 1 contract

Samples: Indenture (KCAP Financial, Inc.)

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except as otherwise agreed upon with the Issuer and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investmentsany of the Collateral.

Appears in 1 contract

Samples: Indenture (York Enhanced Strategies Fund, LLC)

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money money received by it hereunder except as otherwise agreed upon with the Obligors and except to the extent of income or other gain on investments which that are deposits in or certificates of deposit of the Bank Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 1 contract

Samples: Indenture (Apollo Global Management LLC)

Money Held in Trust. Money held by the Trustee hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 1 contract

Samples: Indenture (JMP Group Inc.)

Money Held in Trust. Money held by the Trustee ------------------- hereunder shall be held in trust to the extent required herein. The Trustee shall be under no liability for interest on any Money received by it hereunder except as otherwise agreed upon with the Issuer and except to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Bank Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.

Appears in 1 contract

Samples: Aon Corp

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