Common use of Application of Trust Fund Clause in Contracts

Application of Trust Fund. Subject to the provisions of the last paragraph of ‎Section 1003, all amounts deposited with the Trustee pursuant to ‎Section 401 shall be held in trust and applied by the Trustee, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such funds have been deposited with the Trustee. Money deposited pursuant to this ‎Section 402 not in violation of this Indenture shall not be subject to claims of the holders of Senior Debt of the Company under ‎Article Fourteen.

Application of Trust Fund. Subject to the provisions of the last paragraph of ‎Section 1003Section 1006, all amounts deposited with the Trustee pursuant to ‎Section Section 401 shall be held in trust and applied by the Trusteeit, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such funds have been deposited with the Trustee. Money deposited pursuant to this ‎Section 402 Section not in violation of this Indenture shall not be subject to claims of the holders of Senior Debt of the Company under ‎Article Fourteen.Article Seventeen. ARTICLE FIVE

Application of Trust Fund. 38 Subject to the provisions of the last paragraph of ‎Section 1003Section 1006, all amounts deposited with the Trustee pursuant to ‎Section Section 401 shall be held in trust and applied by the Trusteeit, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such funds have been deposited with the Trustee. Money deposited pursuant to this ‎Section 402 Section not in violation of this Indenture shall not be subject to claims of the holders of Senior Debt of the Company under ‎Article Fourteen.Article Seventeen. ARTICLE FIVE

Application of Trust Fund. Subject to the provisions of the last paragraph of ‎Section Section 1003, all amounts deposited with the Trustee pursuant to ‎Section Section 401 shall be held in trust and applied by the Trustee, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such funds have been deposited with the Trustee. Money deposited pursuant to this ‎Section Section 402 not in violation of this Indenture shall not be subject to claims of the holders of Senior Debt of the Company under ‎Article Article Fourteen.

Application of Trust Fund. Subject to the provisions of the last paragraph of ‎Section Section 1003, all amounts deposited with the Trustee pursuant to ‎Section Section 401 shall be held in trust and applied by the Trusteeit, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company or the Guarantor acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such funds have been deposited with the Trustee. Money deposited pursuant to this ‎Section 402 Section not in violation of this Indenture shall not be subject to claims of the holders of Senior Debt of the Company under ‎Article FourteenArticle Fourteen or of the holders of Senior Debt of the Guarantor under Article Sixteen.

Application of Trust Fund. Subject to the provisions of the last paragraph of ‎Section Section 1003, all amounts deposited with the Trustee pursuant to ‎Section Section 401 shall be held in trust and applied by the Trusteeit, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such funds have been deposited with the Trustee. Money deposited pursuant to this ‎Section 402 section not in violation of this Indenture shall not be subject to claims of the holders of Senior Debt of the Company under ‎Article FourteenArticle Fifteen.

Application of Trust Fund. Subject to the provisions of the last paragraph of ‎Section 1003Section 1006, all amounts deposited with the Trustee pursuant to ‎Section Section 401 shall be held in trust and applied by the Trusteeit, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such funds have been deposited with the Trustee. Money deposited pursuant to this ‎Section 402 Section not in violation of this Indenture shall not be subject to claims of the holders of Senior Debt of the Company under ‎Article Fourteen.Article Seventeen. 38