Trust Moneys has the meaning provided in Section 11.01.
Trust Moneys means all cash or cash equivalents received by the Trustee hereunder in respect of the Collateral (i) in exchange for the release of Collateral from the Lien of this Agreement, (ii) as proceeds of any sale or other disposition of all or any part of the Collateral by or on behalf of the Trustee or any collection, recovery, receipt, appropriation or other realization of or from all or any part of the Collateral pursuant to this Agreement or the other Security Documents or otherwise or (iii) otherwise as security for the Secured Obligations.
Trust Moneys. Defined. All cash or cash equivalents received by the Trustee or the Collateral Agent on behalf of the Trustee:
Examples of Trust Moneys in a sentence
Excludes trust moneys held in Services for Other Entities and Trust Moneys (SOETM) and other special accounts.
Exemption from Act 34 of 1934The Trust Moneys Protection Act, 1934 (Act No. 34 of 1934), shall not apply to a fund registered under this Act.
The growth rates for MSW are in line with national estimates in the Waste Strategy 2007 as supported by GOL (comment JWDPD0127).
Each such advance shall be reimbursed, with interest from the date such advance was made at the rate per annum then borne by the Notes, by the Company, upon demand by the Trustee, and if the Company fails to comply with any such demand, out of Trust Moneys.
Any proceeds, award or payment in respect of any Taking shall constitute Trust Moneys and are hereby assigned and shall be paid to Mortgagee.
More Definitions of Trust Moneys
Trust Moneys means moneys that are paid and entrusted to a practitioner or a firm of practitioners or to a clerk, servant or agent of a practitioner or firm of practitioners, in the course of legal practice for the use or benefit of a person or persons other than the practitioner or firm of practitioners, but so as to be under the exclusive control of the practitioner or firm of practitioners.
Trust Moneys means all cash or Eligible Investments received by the Collateral Agent, (i) in exchange for the release of property from the Lien of any of the Security Documents, or (ii) as compensation for or proceeds of the sale of all or any part of the Collateral taken by eminent domain or purchased by, or sold pursuant to any order of, a governmental authority or otherwise disposed of, or (iii) as proceeds of insurance upon any, all or part of the Collateral (other than any liability insurance proceeds payable to the Collateral Agent for any loss, liability or expense incurred by it), or (iv) as proceeds of any other sale or other disposition of all or any part of the Collateral by or on behalf of the Collateral Agent or any collection, recovery, receipt, appropriation or other realization of or from all or any part of the Collateral pursuant to the Security Documents or otherwise, or (v) for application under the Indenture as provided in the Indenture or any Security Document, or whose disposition is not otherwise specifically provided for in the Indenture or in any Security Document.
Trust Moneys means all cash or Eligible Investments received by the Collateral Agent, (i) in exchange for the release of property from the Lien of any of the Security Documents, including the Collateral Proceeds or (ii) as compensation for or proceeds of the sale of all or any part of the Collateral taken by eminent domain or purchased by, or sold pursuant to any order of, a governmental authority or otherwise disposed of including any Net Award, or (iii) as proceeds of insurance upon any, all or part of the Collateral (other than any liability insurance proceeds payable to the Collateral Agent for any loss, liability or expense incurred by it) including any Insurance Proceeds, or (iv) as proceeds of any other sale or other disposition of all or any part of the Collateral by or on behalf of the Collateral Agent or any collection, recovery, receipt, appropriation or other realization of or from all or any part of the Collateral pursuant to the Security Documents or otherwise, or (v) for application under this Indenture as provided in this Indenture or any Security Document, or whose disposition is not otherwise specifically provided for in this Indenture or in any Security Document, as the case may be.
Trust Moneys in relation to any trustee means moneys received for or on behalf of any other person by the trustee in the course of or in connection with the practice of the person’s profession or the carrying on of the person’s business.
Trust Moneys means, with respect to the Bonds, all moneys, except in payment of fees due to the Trustee for services under the Indenture, received by the Trustee:
Trust Moneys means all cash or Cash Equivalents received by the Collateral Agent (a) as Net Cash Proceeds received by the Company and its Recourse Subsidiaries from Asset Sales to be subject to the Lien of the Security Documents in accordance with the covenants and agreements set forth in Section 6.15; (b) as Condemnation Awards with respect to all or any part of the Collateral; (c) as Net Insurance Proceeds with respect to all or any part of the Collateral; (d) as proceeds from the issuance of Securities to the extent provided in Section 6.9; (e) as proceeds of any other sale or other disposition of all or any part of the Collateral by or on behalf of the Collateral Agent or any collection, recovery, receipt, appropriation or other realization of or from all or any part of the Collateral pursuant to the Security Documents or otherwise; (f) for application under Article XIII as elsewhere provided in this Indenture or the Security Documents or whose disposition is not elsewhere specifically provided for in the Indenture or the Security Documents; provided, however, that Trust Moneys shall not include any property deposited with the Trustee pursuant to Article IV or XIV or Section 5.6 or delivered to or received by the Trustee for application in accordance with Section 8.6 hereof. Trust Moneys shall be held by the Trustee for the benefit of the Holders of Securities of all series as a part of the Collateral and, upon any entry upon or sale or other disposition of the Collateral or any part thereof pursuant to the Security Documents, said Trust Moneys shall be applied in accordance with Section 8.6; but prior to any such entry, sale or other disposition, all or any part of the Trust Money may be withdrawn, and shall be released, paid or applied by the Trustee, from time to time as provided in Article XIII.