Common use of Application of Moneys Collected Clause in Contracts

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 29 contracts

Samples: Independent Bank Corp /Mi/, Indenture (Independent Bank Corp), Indenture (Independent Bank Corp)

AutoNDA by SimpleDocs

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 22 contracts

Samples: Indenture (Intrust Financial Corp /), Sbi Capital Trust, Lakeland Capital Trust

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 15 contracts

Samples: Indenture (S Y Bancorp Inc), Indenture (S Y Bancorp Inc), Itla Capital Corp

Application of Moneys Collected. Any moneys or other assets collected or to be applied by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 5 contracts

Samples: First Financial (First Financial Capital Trust II), Indenture (Capitol Trust Xv), Great Southern (Great Southern Capital Trust IV)

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII VIII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 5 contracts

Samples: Southside Capital Trust Ii, Greater Atlantic Financial Corp, Americredit Capital Trust I

AutoNDA by SimpleDocs

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII V with respect to any of the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debenturessuch Debentures in respect of which moneys have been collected, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 3 contracts

Samples: First Merchants Capital Trust I, First Merchants Corp, First Merchants Corp

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 1 contract

Samples: Southside Capital Trust I

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