Amounts Held in Trust Sample Clauses

Amounts Held in Trust. Amounts 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 amounts 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 Trustee in its commercial capacity and income or other gain actually received by the Trustee on Eligible Investments.
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Amounts Held in Trust. The provisions of this Section shall not be applicable to any amounts of principal, premium, if any, and interest and Deferred Interest, if any, or any amounts in connection with any applicable sinking fund or redemption provisions or payment of any other sums due on any such Securities, in respect of any of the Securities for the payment of which funds have been deposited in trust with the Subordinated Trustee or any Paying Agent or have been set aside by the Issuer in trust in accordance with the provisions of this Subordinated Indenture; provided, however, that at the time of such deposit or setting aside, and immediately thereafter, the foregoing provisions of this Section are complied with.
Amounts Held in Trust. Amounts held by the Note Administrator hereunder shall be held in trust to the extent required herein. The Note Administrator shall be under no liability for interest on any amounts received by it hereunder.
Amounts Held in Trust. Amounts held by the Loan Agent hereunder shall be held to the extent required herein. The Loan Agent shall be under no liability for interest on any amounts received by it hereunder, except in its capacity as the Securities Intermediary to the extent of income or other gain on investments which are deposits in or certificates of deposit of the Loan Agent in its commercial capacity.
Amounts Held in Trust. If, for any reason whatsoever, the Sponsor receives any payment or distribution contrary to the provisions of this Article III, then the Sponsor shall hold the same in trust for the Debenture Trustee and, promptly notify the Debenture Trustee of the receipt of such payment or distribution
Amounts Held in Trust. If, for any reason whatsoever, the Shareholder (or any of its Affiliates, if applicable) receives any payment or distribution contrary to the provisions of this Section 3, then the Shareholder shall (and shall cause its Affiliates, if applicable to) hold the same in trust for OPIC, promptly notify OPIC of the receipt of such payment or distribution and promptly pay the amount of such payment or distribution to OPIC or, if OPIC so elects, to any bank nominated by OPIC, to hold for the account of OPIC. Any amount so received by OPIC or its nominee may be applied towards the payment of any amount outstanding under the Finance Agreement, any Note or any other Financing Document, in such manner as directed by OPIC.
Amounts Held in Trust. If, for any reason whatsoever, any Sponsor Party receives any payment or distribution contrary to the provisions of this Section 3 (Subordination and Deferment Provisions), then such Sponsor Party shall hold the same in trust for the Secured Parties, promptly notify the Secured Parties of the receipt of such payment or distribution and promptly pay the amount of such payment or distribution to the Secured Parties or, if the Secured Parties so elect, to any bank nominated by the Secured Parties, to hold for the account of the Secured Parties. Any amount so received by the Secured Parties may be applied by the Secured Parties towards the payment of any amount outstanding under any Financing Document, in such manner as directed by the Secured Parties.
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Amounts Held in Trust. Any amounts received by Buyer after the Closing with respect to any Excluded Asset shall be held by Buyer in trust for Sellers until promptly paid to Sellers. Likewise, any amounts received by Sellers after the Closing with respect to any Acquired Asset shall be held by Sellers in trust for Buyer until promptly paid to Buyer. Any such money received by Buyer or Sellers shall be paid over to the proper party within ten (10) business days after receipt.
Amounts Held in Trust. Amounts deposited in the Assigned PPA Payments Account shall be held in trust for the benefit of Participant until applied as set forth in Section 4(d) and Section 12, as applicable, and there is hereby granted to Participant a lien on and security interest in the Assigned PPA Payments Account pending such application. The Custodian shall not be required to comply with any orders, demands, or other instructions from Participant with respect to the Assigned PPA Payments Account, including, without limitation, items presented for payment, or any order or instruction directing the disposition of funds or other assets held in or credited to the Assigned PPA Payments Account, and Participant agrees that prior to the termination of this Agreement in accordance with the terms hereof, it shall have no right to direct the disposition of funds or other assets held in or credited to the Assigned PPA Payments Account other than by issuing Monthly Statements, or to withdraw or otherwise obtain funds or other assets held in or credited to the Assigned PPA Payments Account, whether by order or instruction to the Custodian or otherwise.
Amounts Held in Trust. Following the Closing, any amounts paid to Seller in connection with the Assets shall be held in trust by Seller for the benefit of Buyer and tendered and paid to Buyer as soon as reasonably practicable after the receipt thereof. Following the Closing any amounts paid to Buyer in connection with the Excluded Assets shall be held in trust by the Buyer for the benefit of Seller and tendered and paid to Seller as soon as reasonably practicable after the receipt thereof.
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