Common use of Application of Moneys by Trustee Clause in Contracts

Application of Moneys by Trustee. (a) Except as herein otherwise expressly provided, any moneys received by the Trustee from the Issuer pursuant to the foregoing provisions of this Article 8, or as a result of legal or other proceedings or from any trustee in bankruptcy or liquidator of the Issuer, shall be applied, together with any other moneys in the hands of the Trustee available for such purpose, as follows:

Appears in 2 contracts

Samples: Trust Indenture (Algonquin Power & Utilities Corp.), Trust Indenture (Algonquin Power & Utilities Corp.)

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Application of Moneys by Trustee. (a) Except as herein otherwise expressly provided, any moneys received by the Trustee from the Issuer Company pursuant to the foregoing provisions of this Article 87, or as a result of legal or other proceedings or from any trustee in bankruptcy or liquidator of the IssuerCompany, shall be applied, together with any other moneys in the hands of the Trustee available for such purposepurposes, as follows:

Appears in 2 contracts

Samples: Indenture (MFC Bancorp LTD), Blue Earth Refineries Inc.

Application of Moneys by Trustee. (a) Except as herein otherwise expressly provided, any moneys received by the Trustee from the Issuer Corporation pursuant to the foregoing provisions of this Article 8, or as a result of legal or other proceedings or from any trustee in bankruptcy or liquidator of the IssuerCorporation, shall be applied, together with any other moneys in the hands of the Trustee available for such purpose, as follows:

Appears in 2 contracts

Samples: Kirkland Lake Gold Ltd., Indenture (MDC Partners Inc)

Application of Moneys by Trustee. (a1) Except as herein otherwise expressly provided, any moneys received by the Trustee from the Issuer Corporation pursuant to the foregoing provisions of this Article 8Article, or as a result of legal or other proceedings or from any trustee in bankruptcy or liquidator of the Issuer, Corporation shall be applied, together with any other moneys in the hands of the Trustee available for such purposepurposes, subject to Section 6.08 as follows:

Appears in 1 contract

Samples: Collaboration and License Agreement (MIGENIX Inc.)

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Application of Moneys by Trustee. (a) Except as herein otherwise expressly provided, any moneys received by the Trustee from the Issuer REIT pursuant to the foregoing provisions of this Article 89, or as a result of legal or other proceedings or from any trustee in bankruptcy or liquidator of the IssuerREIT, shall be applied, together with any other moneys in the hands of the Trustee available for such purpose, as follows:

Appears in 1 contract

Samples: Trust Indenture

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