Application of Money. Subject to the provisions of the last paragraph of Section 10.3, all money deposited with the Trustee pursuant to Section 4.1 shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Issuer acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such money has been deposited with the Trustee.
Application of Money. Money that an Enforcing Party receives under or because of this document in relation to a Chargor is to be applied in the following order:
Application of Money. Except as herein otherwise expressly provided, any money received by the Trustee or a Noteholder pursuant to the provisions of this Section 11 or as a result of legal or other proceedings against the Corporation pursuant hereto, or from any trustee in bankruptcy or liquidator of the Corporation, shall be applied, together with other money available to the Trustee for such purpose, as follows:
Application of Money. (a) All money received by the Lender under or by virtue of this Agreement will be applied in the following order and manner:
Application of Money. (a) Subject to the provisions of Section 8.06 hereof, all money deposited with the Trustee or other entity pursuant to Section 11.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium) and interest for whose payment such money has been deposited with the Trustee or other entity; but such money need not be segregated from other funds except to the extent required by law.
Application of Money. If any sum paid or recovered in respect of the Obligations is less than the amount then due, the Agent may apply that sum to principal, interest, fees or any other amount due under this Agreement in such proportions and order and generally in such manner as the Agent shall reasonably determine.
Application of Money. (a) Any amounts received by the Trustee pursuant to this Article shall, after payment of the costs and expenses of the proceedings resulting in the collection of the money, the expenses, liabilities and advances incurred or made by the Trustee and the fees (whether ordinary or extraordinary) of the Trustee and expenses of NVTC in carrying out the provisions of this Master Indenture, be deposited in an appropriate Account that the Trustee will establish pursuant to this Master Indenture. The amounts in such Account shall be applied as follows:
Application of Money. Subject to the provisions of the last paragraph of Section 1003, all money deposited with the Trustee pursuant to Section 401 shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Issuer acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such money has been deposited with the Trustee.
Application of Money. Subject to any mandatory statutory requirements and to the rights of the holder of any Encumbrance ranking in priority to, or pari passu with, the Encumbrance under this Deed, the Remedy Proceeds must be applied by the Secured Party, a Receiver or an Attorney in the manner and order determined by the Secured Party or, if the Secured Party does not make such a determination, as follows:
Application of Money. The Landlord may apply amounts received from or due to the Tenant against amounts due and payable under this Lease, even if otherwise requested by the Tenant, unless the Tenant can satisfactorily demonstrate to the Landlord, acting reasonably, that an amount is in fact not due and payable.
