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

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee with respect to any series of Securities under this Article Seven shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys on account of principal, premium, if any, or interest, if any, upon presentation of the several Securities of such series or the coupons appertaining thereto, as the case may be, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 6 contracts

Samples: Indenture (Atlantic Richfield Co /De), Indenture (Lyondell Petrochemical Co), Indenture (Equistar Funding Corp)

AutoNDA by SimpleDocs

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee with respect to any a series of Securities under this Article Seven Six shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys on account of principal, premium, if any, or interest, if anymoneys, upon presentation of the several Securities of such series or the coupons appertaining thereto, as the case may beSecurities, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 5 contracts

Samples: Indenture (Finova Group Inc), Indenture (Finova Group Inc), Indenture (Finova Group Inc)

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee with respect to any series of the Securities under pursuant to this Article Seven VII 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 moneys on account of principal, premium, premium (if any, ) or interest, if any, upon presentation of the several Securities of such series or the coupons appertaining thereto, as the case may beSecurities, and stamping the notation thereon of the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 2 contracts

Samples: Indenture (Domtar CORP), Indenture (Domtar Paper Company, LLC)

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee with respect pursuant to any series of Securities under this Article Seven Six shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys on account of principal, premium, if any, or interest, if anymoneys, upon presentation of the several Securities and Coupons appertaining to such Securities in respect of such series or the coupons appertaining thereto, as the case may bewhich moneys have been collected, and stamping the notation thereon of the payment, payment if only partially paid, and upon surrender thereof if fully paid:

Appears in 2 contracts

Samples: Subordinated Debt Indenture (General Electric Capital Corp), Subordinated Debt Indenture (General Electric Capital Corp)

AutoNDA by SimpleDocs

Application of Moneys Collected by Trustee. Any moneys ------------------------------------------ collected by the Trustee with respect pursuant to any series of Securities under this Article Seven Six shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such moneys on account of principal, premium, if any, or interest, if anymoneys, upon presentation of the several Subordinated Securities or Coupons appertaining to such Subordinated Securities in respect of such series or the coupons appertaining thereto, as the case may bewhich moneys have been collected, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Subordinated Indenture (Exodus Communications Inc)

Application of Moneys Collected by Trustee. Any moneys collected by the Trustee with respect to any a series of Debt Securities under this Article Seven Six shall be applied in the order followingfollowing order, at the date or dates fixed by the Trustee for and, in the case of the distribution of such moneys on account of principal, principal (or premium, if any, ) or interest, if any, upon presentation of the several Debt Securities and the notation thereon of such series or the coupons appertaining thereto, as the case may be, and stamping thereon the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Samples: Indenture (Limited Brands Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!