Common use of Application of Trust Assets Clause in Contracts

Application of Trust Assets. The Trustee shall hold any U.S. Legal Tender or U.S. Government Obligations deposited with it pursuant to this Article Eight in the irrevocable trust established pursuant to Section 8.01 or 8.

Appears in 5 contracts

Samples: Indenture (Call Points Inc), Indenture (Packaged Ice Inc), Indenture (Packaged Ice Inc)

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Application of Trust Assets. The Trustee shall hold any U.S. Legal Tender or U.S. Government Obligations deposited with it pursuant to this Article Eight in the irrevocable trust established pursuant to Section 8.01 or 8Sections 7.01 and 7.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Tenneco Inc), First Supplemental Indenture (Tenneco Inc)

Application of Trust Assets. The Trustee shall hold any U.S. Legal Tender or U.S. Government Obligations deposited with it pursuant to this Article Eight it, in the irrevocable trust established trust, pursuant to Section 8.01 or 8.

Appears in 2 contracts

Samples: Indenture (Sheffield Steel Corp), Indenture (Sheffield Steel Corp)

Application of Trust Assets. The Trustee shall hold any U.S. Legal Tender or U.S. Government Obligations deposited with it pursuant to this Article Eight in the irrevocable trust established pursuant to Section 8.01 8.1 or 8.

Appears in 1 contract

Samples: Indenture (Southern Bottled Water Co Inc)

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Application of Trust Assets. The Trustee shall hold any U.S. Legal Tender or U.S. Government Obligations deposited with it pursuant to Section 8.1 hereof. Subject to Article Ten, the Trustee shall apply the deposited U.S. Legal Tender or U.S. Government Obligations, together with earnings thereon through the Paying Agent and in accordance with this Article Eight in Indenture and the terms of the irrevocable trust established pursuant agreement to Section 8.01 or 8the payment of principal of and interest on the securities.

Appears in 1 contract

Samples: Indenture (World Color Press Inc /De/)

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