Common use of Moneys Held in Trust Clause in Contracts

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 686 contracts

Samples: Indenture (Similarweb Ltd.), Indenture (Janux Therapeutics, Inc.), Indenture (Keros Therapeutics, Inc.)

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Moneys Held in Trust. Subject to the provisions of Section 11.0513.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 84 contracts

Samples: Indenture (Capitol Trust Xv), Indenture (S Y Bancorp Inc), First Financial (First Financial Capital Trust II)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 41 contracts

Samples: Indenture (Butterfly Network, Inc.), Indenture (Mirion Technologies, Inc.), Indenture (Mirion Technologies, Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 34 contracts

Samples: Indenture (Yelp Inc), Indenture (Yelp Inc), Indenture (Telaria, Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.

Appears in 15 contracts

Samples: Indenture (Impac Mortgage Holdings Inc), Golden Matrix Group, Inc., Golden Matrix Group, Inc.

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held un-invested in trust for the purposes for which they were received, but 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 moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 15 contracts

Samples: Indenture (Knightscope, Inc.), Indenture (Phoenix Capital Group Holdings I LLC), Indenture (Phoenix Capital Group Holdings I LLC)

Moneys Held in Trust. Subject to the provisions of Section 11.053.03, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.

Appears in 11 contracts

Samples: First Supplemental Indenture (Greenbrier Companies Inc), Indenture (Greenbrier Companies Inc), Indenture (Mannkind Corp)

Moneys Held in Trust. Subject to the provisions of Section 11.0513.5, all moneys money received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys money received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 8 contracts

Samples: Indenture (San Rafael Bancorp), Indenture (Alabama National Bancorporation), Indenture (Heartland Financial Usa Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee 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 of the Trustee except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder hereunder, except such as it may agree with the Company to pay thereon.

Appears in 8 contracts

Samples: Indenture (Brickell Biotech, Inc.), Indenture (Protalix BioTherapeutics, Inc.), Protalix BioTherapeutics, Inc.

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company in writing to pay thereon.

Appears in 8 contracts

Samples: Indenture (Freeport-McMoran Inc), Indenture (Echo Global Logistics, Inc.), Indenture (Freeport McMoran Copper & Gold Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.0513.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 7 contracts

Samples: Indenture Indenture (Pennfirst Capital Trust I), Indenture (NPB Capital Trust Ii), Pittsburgh Home Capital Trust I

Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee 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 of the Trustee except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder hereunder, except such as it may agree in writing with the Company to pay thereon.

Appears in 7 contracts

Samples: Amerant Bancorp Inc., Indenture (WGL Holdings Inc), Indenture (WGL Holdings Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.0513.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 6 contracts

Samples: Subordinated Indenture (Flagstar Trust), Ebh Capital Trust I, Union Bankshares Capital Trust I

Moneys Held in Trust. Subject to the provisions of Section 11.05, all All moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 5 contracts

Samples: Indenture (Metlife Inc), Rambus Inc, Indenture (Rambus Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.. SECTION 7.06

Appears in 5 contracts

Samples: Indenture (Marsh & McLennan Companies Inc), Indenture (Marsh & McLennan Companies Inc), Kmart Corp

Moneys Held in Trust. Subject to the provisions of Section 11.057.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 5 contracts

Samples: Indenture (Adc Telecommunications Inc), Indenture (Komag Inc /De/), Indenture (Adc Telecommunications Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.0514.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 5 contracts

Samples: Indenture (Tompkins Financial Corp), Southside Capital Trust Ii, Americredit Capital Trust I

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Neither the Trustee nor any agent of the Company or the Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 4 contracts

Samples: Indenture (American Equity Investment Life Holding Co), Indenture (American Equity Investment Life Holding Co), American Equity Investment Life Holding Co

Moneys Held in Trust. Subject to the provisions of Section 11.0511.04, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 4 contracts

Samples: Anadigics Inc, Anadigics Inc, Sunsource Inc

Moneys Held in Trust. Subject to the provisions of Section 11.0510.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 4 contracts

Samples: Indenture (Pike Corp), Indenture (Pike Corp), Indenture (Pike Equipment & Supply Company, LLC)

Moneys Held in Trust. Subject to the provisions of Section 11.0510.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 3 contracts

Samples: First Merchants Corp, First Merchants Capital Trust I, First Merchants Corp

Moneys Held in Trust. Subject to the provisions of Section 11.0512.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 3 contracts

Samples: Indenture (International Flavors & Fragrances Inc), Indenture (Nutrition & Biosciences, Inc.), Consol Energy Inc

Moneys Held in Trust. Subject to the provisions of Section 11.0511.06, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 3 contracts

Samples: Indenture (Computer Sciences Corp), Indenture (Stanley Works), Computer Sciences Corp

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys or property received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys or property received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 2 contracts

Samples: Frederick's of Hollywood Group Inc /Ny/, Frederick's of Hollywood Group Inc /Ny/

Moneys Held in Trust. Subject to the provisions of Section 11.0513.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may otherwise agree in writing with the Company to pay thereon.

Appears in 2 contracts

Samples: Ozark Capital Trust, Bank of the Ozarks Inc

Moneys Held in Trust. Subject to the provisions of Section 11.05-------------------- 13.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 2 contracts

Samples: Abc Bancorp Capital Trust I, Abc Bancorp Capital Trust I

Moneys Held in Trust. Subject to the provisions of Section 11.0515.02, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 2 contracts

Samples: Indenture (Linear Technology Corp /Ca/), Linear Technology Corp /Ca/

Moneys Held in Trust. Subject to the provisions of Section 11.0511.04, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Partnership to pay thereon.

Appears in 2 contracts

Samples: Suburban Propane Partners Lp, Suburban Propane Partners Lp

Moneys Held in Trust. Subject to the provisions of Section 11.058.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 2 contracts

Samples: Indenture (Skyworks Solutions Inc), Rayonier Inc

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held held, uninvested, in trust for the purposes for which they were received, but 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 moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 2 contracts

Samples: Indenture (AXA Equitable Holdings, Inc.), Indenture (AXA Equitable Holdings, Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.058.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 2 contracts

Samples: Indenture (Blackboard Inc), Blackboard Inc

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company and the Guarantor to pay thereon.

Appears in 2 contracts

Samples: Indenture (Mediaone Finance Trust Vi), Indenture (Mediaone Finance Trust Ii)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall not be under no liability liable for interest on any moneys received held by it hereunder except such as it may otherwise agree with the Company to pay thereonCompany.

Appears in 2 contracts

Samples: Indenture (Exelon Corp), Exelon Corp

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon. SECTION 7.06.

Appears in 1 contract

Samples: Illinova Corp

Moneys Held in Trust. Subject to the provisions of Section 11.056.01(c), all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Evergreen Energy Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuer and the Guarantor to pay thereon.

Appears in 1 contract

Samples: Consumers Energy Co

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Moneys Held in Trust. Subject to the provisions of -------------------- Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Steelcase Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.058.4., all moneys received by the Trustee 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 by mandatory provisions of law. The Neither the Trustee nor any agent of the Issuer or the Trustee shall be under no any liability for interest on or investment of any moneys received by it hereunder except such as it may agree otherwise agreed upon with the Company to pay thereonIssuer.

Appears in 1 contract

Samples: Indenture (Metrogas Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.05Sections 10.2, 11.5, 11.6 and 11.7, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (NexPoint Real Estate Finance, Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.05-------------------- 13.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 1 contract

Samples: Ctbi Preferred Capital Trust Ii

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.. ​

Appears in 1 contract

Samples: Aytu Biopharma, Inc

Moneys Held in Trust. Subject to the provisions of Section 11.0514.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 1 contract

Samples: Greater Atlantic Financial Corp

Moneys Held in Trust. Subject to the provisions of Section 11.0511.04, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company in writing to pay thereon.

Appears in 1 contract

Samples: Lesaka Technologies Inc

Moneys Held in Trust. Subject to the provisions of Section 11.05, all All moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuer to pay thereon.

Appears in 1 contract

Samples: Indenture (RCS Capital Corp)

Moneys Held in Trust. Subject to the provisions of Section 11.058.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, received but 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 moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 1 contract

Samples: Rayonier Inc

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Butterfly Network, Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.05SECTION 13.5, all moneys received by the Trustee 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 by law. The Trustee shall be under have no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 1 contract

Samples: Southside Capital Trust I

Moneys Held in Trust. Subject to the provisions of Section 11.058.4, all moneys received by the Trustee 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 by mandatory provisions of law. The Neither the Trustee nor any agent of the Company or the Trustee shall be under no any liability for interest on or investment of any moneys received by it hereunder except such as it may agree otherwise agreed upon in writing with the Company to pay thereonCompany.

Appears in 1 contract

Samples: Indenture (Telefonica of Argentina Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.0511.05 and Section 4.08, all moneys received by the Trustee shall, until used or applied as herein provided, be held un-invested in trust for the purposes for which they were received, but 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 moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 1 contract

Samples: Lighthouse Life Capital, LLC

Moneys Held in Trust. Subject to the provisions of Section 11.058.06 and Section 10.03, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Geo Group Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuers to pay thereon.

Appears in 1 contract

Samples: Indenture (American Realty Capital Properties, Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.05Sections 11.2, 12.5, 12.6 and 12.7, all moneys received by the Trustee or the Paying Agent 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 by law. The Trustee and the Paying Agent shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuers to pay thereon.

Appears in 1 contract

Samples: Third Supplemental Indenture (CyrusOne Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may expressly agree with the Company in writing to pay thereon.

Appears in 1 contract

Samples: Steelcase Inc

Moneys Held in Trust. Subject to the provisions of Section 11.053.04, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest or investment income on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Biomarin Pharmaceutical Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Rigel Pharmaceuticals Inc)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The -27- Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.

Appears in 1 contract

Samples: Staples Inc

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.. 

Appears in 1 contract

Samples: Indenture (Century Casinos Inc /Co/)

Moneys Held in Trust. Subject to the provisions of Section 11.0514.06, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Senseonics Holdings, Inc.)

Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee 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 by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.. 29

Appears in 1 contract

Samples: Pingtan Marine Enterprise Ltd.

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