Common use of Application of Sale Proceeds Clause in Contracts

Application of Sale Proceeds. The proceeds of any sale of the Trust Estate pursuant to Section 6.04 hereof, together with any funds at the time held by the Trustee and not otherwise appropriated, shall be applied by the Trustee as set forth in Section 6.02 hereof.

Appears in 3 contracts

Samples: Indenture of Trust, Indenture of Trust, Indenture of Trust

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Application of Sale Proceeds. The proceeds of any sale of the Trust Estate pursuant to Section 6.04 hereofEstate, together with any funds at the time held by the Trustee and not otherwise appropriated, shall be applied by the Trustee as set forth in Section 6.02 hereofhereof and then to the Authority or whomsoever shall be lawfully entitled thereto.

Appears in 2 contracts

Samples: Indenture of Trust, Indenture of Trust

Application of Sale Proceeds. The proceeds of any sale of the Trust Estate pursuant to Section 6.04 hereofEstate, together with any funds at the time held by the Trustee and not otherwise appropriateddesignated in this Indenture for another use, shall be applied by the Trustee as set forth in Section 6.02 hereof, and then to the Corporation or whomsoever shall be lawfully entitled thereto.

Appears in 1 contract

Samples: Indenture of Trust

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Application of Sale Proceeds. The proceeds of any sale of the Trust Estate pursuant to Section 6.04 hereofEstate, together with any funds at the time held by the Trustee and not otherwise appropriated, shall be applied by the Trustee as set forth in Section 6.02 hereof, and then to the Authority or whomsoever shall be lawfully entitled thereto.

Appears in 1 contract

Samples: Indenture of Trust

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