Common use of Application of Money Collected by Trustee Clause in Contracts

Application of Money Collected by Trustee. Any money collected by the Trustee pursuant to this Article Seven with respect to a series of Debt Securities shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such money, upon presentation of the several Debt Securities of such series, and stamping thereon the payment, if only partially paid and upon surrender thereof if fully paid.

Appears in 3 contracts

Samples: Indenture (Cooper Industries, Ltd.), Indenture Agreement (Cooper Crouse-Hinds, LLC), Indenture Agreement (Cooper Industries LTD)

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Application of Money Collected by Trustee. Any money collected by the Trustee pursuant to this Article Seven with respect to a series of Debt Securities shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such money, upon presentation of the several Debt Securities of such series, and stamping thereon the payment, if only partially paid paid, and upon surrender thereof if fully paid.:

Appears in 1 contract

Samples: Indenture (Nucor Corp)

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Application of Money Collected by Trustee. Any money moneys collected by the Trustee or any Paying Agent pursuant to this Article Seven with respect to a series of Debt Securities shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneymoneys, upon presentation of the several Debt Securities of such seriesSecurities, and stamping thereon the payment, if only partially paid paid, and upon surrender thereof if fully paid.:

Appears in 1 contract

Samples: Indenture (Acclaim Entertainment Inc)

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