Common use of Application by Trustee of Funds Deposited for Payment of Securities Clause in Contracts

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.05, all moneys deposited with the Trustee pursuant to this Article 10 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, but such money need not be segregated from other funds except to the extent required by law.

Appears in 6 contracts

Samples: Alerus Financial Corp, MidWestOne Financial Group, Inc., Alerus Financial Corp

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Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.04, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.01 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company Issuer acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, any Coupons appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 4 contracts

Samples: Indenture (Whirlpool Corp /De/), Indenture (Whirlpool Emea Finance S.A R.L.), Indenture (Whirlpool Corp /De/)

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.04, all moneys monies deposited with the Trustee (or other trustee) pursuant to this Article 10 Section 10.01 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent or any Guarantor acting as paying agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto series for the payment or redemption of which such moneys monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 3 contracts

Samples: Senior Indenture (Bank of America Corp /De/), Abn Amro Bank Nv, Abn Amro Bank Nv

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.058.04 and Article 10 of this Indenture, all moneys deposited with the Trustee pursuant to this Article 10 Section 8.01 hereof shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 3 contracts

Samples: Indenture (Metropolitan Edison Co), Indenture (Penelec Capital Trust), Indenture (Met Ed Capital Trust)

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto series for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 3 contracts

Samples: J P Morgan Chase & Co, J P Morgan Chase & Co, Chubb Capital Trust Iii

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.05Sections 10.4 and 10.5, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto series for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any; but such money need not be segregated from other funds except to the extent required by law.

Appears in 3 contracts

Samples: Indenture (Hanson PLC), Indenture (Hanson PLC), Indenture (Hanson PLC)

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee (or other trustee) pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto series for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 3 contracts

Samples: Indenture (Shapeways Holdings, Inc.), Indenture (Stem, Inc.), Indenture (PayPal Holdings, Inc.)

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 3 contracts

Samples: Indenture (Office Depot Inc), Indenture (FMC Corp), Wellpoint Health Networks Inc /Ca/

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.07, all moneys deposited with the Trustee pursuant to this Article 10 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto series for the payment or redemption of which such moneys or Governmental Obligations have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, but such . Such money need not be segregated from other funds except to the extent required by law.

Appears in 3 contracts

Samples: Indenture (Leidos Holdings, Inc.), Leidos, Inc., Leidos Holdings, Inc.

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company Corporation acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, of Coupons appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 2 contracts

Samples: Usg Corp, Usg Corp

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.05, all moneys deposited with the Trustee pursuant to this Article 10 Sections 10.01 and 10.02 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company Issuer acting as its own Paying Agent), to the Holders holders of the particular Securities of such Series and Coupons, if any, appertaining thereto series for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 2 contracts

Samples: Science Applications International Corp, Science Applications International Corp

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series series and Coupons, if any, of Coupons appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 2 contracts

Samples: Indenture (Freeport McMoran Resource Partners Limited Partnership), Indenture (Progressive Corp/Oh/)

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Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, of Coupons appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Dean Foods Co

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.05, all moneys deposited with the Trustee pursuant to this Article 10 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, premium, if any, and interest, but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Indenture (First Busey Corp /Nv/)

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto series for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, if any, but such money need not be segregated from other funds except to the extent required by law.. Section 10.3

Appears in 1 contract

Samples: Halliburton Co

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.04, all moneys monies deposited with the Trustee pursuant to this Article 10 Section 10.01 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series series and Coupons, if any, of Coupons appertaining thereto for the payment or redemption of which such moneys monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: J P Morgan Chase & Co

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.4, all moneys deposited with the Trustee pursuant to this Article 10 Section 10.1 shall be held in trust and applied by it to the payment, either directly or through any Paying Agent paying agent (including the Company Issuer acting as its own Paying Agentpaying agent), to the Holders of the particular Securities of such Series series and Coupons, if any, of Coupons appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent extend required by law.

Appears in 1 contract

Samples: Indenture (Progressive Corp/Oh/)

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.0510.5, all moneys deposited with the Trustee pursuant to this Article 10 Ten shall be held in trust and applied by it to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Lithia Motors Inc

Application by Trustee of Funds Deposited for Payment of Securities. Subject to Section 10.058.04 and Article 10 of this Indenture, all moneys deposited with the Trustee pursuant to this Article 10 Section 8.01 hereof shall be held in trust and applied by it to the payment, either -36 directly or through any Paying Agent (including the Company acting as its own Paying Agent), to the Holders of the particular Securities of such Series and Coupons, if any, appertaining thereto for the payment or redemption of which such moneys have been deposited with the Trustee, of all sums due and to become due thereon for principal and interest, ; but such money need not be segregated from other funds except to the extent required by law.

Appears in 1 contract

Samples: Indenture (Pennsylvania Electric Co)

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