Application of Trust. All money deposited with the Trustee pursuant to Section 12.01 shall be held in trust and, at the written direction of the Issuers, be invested prior to maturity in U.S. Government Obligations, and applied by the Trustee in accordance with the provisions of the Notes and the Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for the payment of which money has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent required by law.
Application of Trust. Money Section 4.03. Repayment of Moneys Held by Paying Agent
Application of Trust. 116 ARTICLE XIII.
Application of Trust. All money deposited with the Trustee pursuant to Section 12.01 shall be held in trust and, at the written direction of the Issuers, be invested prior to maturity in U.S. Government Obligations, and applied by the Trustee in accordance with the provisions of the Notes and the Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for the payment of which money has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent required by law. The Issuers and the Guarantors shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or non-callable U.S. Government Obligations deposited pursuant to Section 12.01 hereof or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes.
Application of Trust. All money deposited with the Trustee pursuant to Section 11.01 shall be held in trust and, at the written direction of the Company (such direction to specify the particular investment to be made), be invested prior to maturity in U.S. Government Obligations, and applied by the Trustee in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for the payment of which money has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent required by law. The Company shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the money deposited pursuant to Section 11.01 or against any investment made in U.S. Government Obligations pursuant to this Section 11.02 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes. In the event of a loss on the sale of any investment made pursuant to this Section 11.02, the Trustee shall have no responsibility in respect of such loss except that the Trustee shall notify the Company of the amount of such loss and the Company shall promptly pay such amount to the Trustee to be credited as part of the moneys originally invested. The Trustee shall have no liability whatsoever for any loss, fee, tax or other charge incurred in connection with any investment, reinvestment or liquidation of an investment hereunder.
Application of Trust. Money --------------------------
Application of Trust. Money Section 4.12 Subrogation and Cooperation Section 4.13 Repayment of Monies Held by Paying Agent Section 4.14 Temporary Notes ARTICLE V Default and Remedies Section 5.01 Events of Default Section 5.02 Acceleration of Maturity; Rescission and Annulment Section 5.03 Collection of Indebtedness and Suits for Enforcement by Indenture Trustee Section 5.04 Remedies; Priorities Section 5.05 Optional Preservation of the Trust Estate Section 5.06 Limitation of Suits Section 5.07 Restoration of Rights and Remedies Section 5.08 Rights and Remedies Cumulative Section 5.09 Delay or Omission Not a Waiver Section 5.10 Control by Noteholders Section 5.11 Waiver of Past Defaults Section 5.12 Undertaking for Costs Section 5.13 Waiver of Stay or Extension Laws Section 5.14 Sale of Trust Estate Section 5.15 Action on Notes Section 5.16 Performance and Enforcement of Certain Obligations
Application of Trust. All money deposited with the Paying Agent pursuant to Section 11.1 shall be held in trust and, at the written direction of the Company, be invested prior to maturity in U.S. Government Securities, and applied by the Paying Agent in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for the payment of which money has been deposited with the Paying Agent; but such money need not be segregated from other funds except to the extent required by law.
Application of Trust. PROPERTY The Receivables Trustee shall apply Trust Property in the manner and order of priority set out in Clause 5 and shall perform calculations and allocations in a manner consistent with the principles set out in the First Schedule, as such principles may be amended, supplemented or varied from time to time in the manner provided herein.
Application of Trust. 56 SECTION 8.03. Repayment to the Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 SECTION 8.04. Reinstatement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 ARTICLE 9 - Defeasance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 SECTION 9.01. Company's Option to Effect Defeasance or Covenant Defeasance. . . . . . . . . . . . 57 SECTION 9.02. Defeasance and Discharge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 SECTION 9.03. Covenant Defeasance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 SECTION 9.04. Conditions to Defeasance or Covenant Defeasance . . . . . . . . . . . . . . . . . . 57 SECTION 9.05. Deposited Money and U.S. Government Obligations to be Held in Trust; Miscellaneous Provisions . . . . . . . . . . . . . . . . . . . . . . . . 58
