Common use of Application of Trust Funds; Indemnification Clause in Contracts

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.05, all money deposited with the Trustee pursuant to Section 8.01, all money and Government Securities deposited with the Trustee pursuant to Section 8.03 or 8.04 and all money received by the Trustee in respect of Government Securities deposited with the Trustee pursuant to Section 8.03 or 8.04, shall be held in trust and applied by it, in accordance with the provisions of the Notes 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 interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by Sections 8.03 and 8.04.

Appears in 7 contracts

Samples: Indenture (Owens-Illinois Group Inc), Indenture (Owens Illinois Group Inc), Indenture (Owens Illinois Group Inc)

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Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.058.5, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.01Sections 8.1, all money and Government Securities deposited with the Trustee pursuant to Section 8.03 8.3 or 8.04 8.4 and all money received by the Trustee in respect of U.S. Government Securities Obligations deposited with the Trustee pursuant to Section 8.03 Sections 8.1, 8.3 or 8.048.4, shall be held in trust and applied by it, in accordance with the provisions of the Notes 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 Persons entitled thereto, of the Principal principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by Sections 8.03 and 8.048.3 or 8.4.

Appears in 4 contracts

Samples: HMC Merger Corp, CNL American Properties Fund Inc, CNL American Properties Fund Inc

Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.058.08, all money deposited with the Trustee pursuant to Section 8.01, all money and Government Securities deposited with the Trustee pursuant to Section 8.03 8.04 or 8.04 8.05 and all money received by the Trustee in respect of Government Securities deposited with the Trustee pursuant to Section 8.03 or 8.04, shall be held in trust and applied by it, in accordance with the provisions of the Notes 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 Persons entitled thereto, of the Principal principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by Sections 8.03 and 8.048.04 or 8.05.

Appears in 4 contracts

Samples: Global Security (Americredit Financial Services Inc), Global Security (Americredit Financial Services Inc), Americredit Financial Services Inc

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Application of Trust Funds; Indemnification. (a) Subject to the provisions of Section 8.058.5, all money and U.S. Government Obligations deposited with the Trustee pursuant to Section 8.018.1, all money and Government Securities deposited with the Trustee pursuant to Section 8.03 8.3 or 8.04 8.4 and all money received by the Trustee in respect of U.S. Government Securities Obligations deposited with the Trustee pursuant to Section 8.03 8.1, 8.3 or 8.048.4, shall be held in trust and applied by it, in accordance with the provisions of the Notes 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 principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous payments as contemplated by Sections 8.03 and 8.048.1, 8.3 or 8.4.

Appears in 2 contracts

Samples: Agree Realty Corp, Agree Limited Partnership

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