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

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to this Article 6 and, if an Event of Default has occurred and is continuing, any money or other property distributable in respect of the Company’s obligations under this Indenture, shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys, upon presentation of the several Securities in respect of which moneys have been collected, and the notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 3 contracts

Samples: Indenture (SM Energy Co), Indenture (SM Energy Co), Indenture (WPX Energy, Inc.)

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Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to this Article 6 and, if an Event of Default has occurred Section 7.02 and is continuing, any other money or other property distributable distributed in respect of the Company’s obligations under this Indenture, Indenture after an Event of Default shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys, upon presentation of the several Debt Securities in respect of which moneys have been collectedsuch series, and the notation stamping thereon of the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 3 contracts

Samples: Indenture (Hennessy Advisors Inc), Indenture (Perma-Pipe International Holdings, Inc.), Indenture (Perma-Pipe International Holdings, Inc.)

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to this Article 6 and, if an Event of Default has occurred and is continuing, any money or other property distributable in respect of the Company’s obligations under this Indenture, Section 7.02 shall be applied in the order following, at the date or dates fixed by the Trustee for and, in case of the distribution of such moneysmoneys on account of principal (or premium, if any) or interest, if any, upon presentation of the several Securities and Coupons in respect of which moneys have been collected, and the notation stamping thereon of the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Samples: Indenture (General Motors Corp)

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to this Article 6 and, if an Event of Default has occurred and is continuing, any money or other property distributable in respect of the Company’s obligations under this Indenture, Section 7.02 shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys, upon presentation of the several Debt Securities in respect of which moneys have been collectedsuch series, and the notation stamping thereon of the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Samples: Indenture (Johnson Controls Inc)

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to this Article 6 and, if an Event of Default has occurred and is continuing, any money or other property distributable in respect of the Company’s obligations under this Indenture, Section 7.02 shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys, upon presentation of the several Securities in respect Notes of which moneys have been collectedsuch series, and the notation stamping thereon of the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Samples: Indenture (Magna International Inc)

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Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to this Article 6 and, if an Event of Default has occurred Section 7.02 hereof and is continuing, any money or other property distributable in respect of amounts then held by the Company’s obligations Trustee under this Indenture, shall be applied in the order followingfollowing order, at the date or dates fixed by the Trustee for and, in the case of distribution of such moneys, moneys on account of principal upon presentation of the several Securities in respect of which moneys have been collectedBonds, and the notation stamping thereon of the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Samples: Indenture

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee pursuant to this Article 6 and, if an Event of Default has occurred and is continuing, any money or other property distributable in respect of the Company’s obligations under this Indenture, the Indenture shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys, upon presentation of the several Securities in respect of which moneys have been collected, and the notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Indenture (Hecla Mining Co/De/)

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee Trustee, pursuant to this Article 6 and, if an Event of Default has occurred and is continuing, any money or other property distributable in respect of the Company’s obligations under this IndentureSection 7.2, shall be applied in the order followingfollowing order, at the date or dates fixed by the Trustee for the distribution of such moneysTrustee, upon presentation of the several Securities in respect of which moneys have been collectedDebentures, and the notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Indenture (KFX Inc)

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