Common use of Application of Trust Money Clause in Contracts

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 49 contracts

Samples: Indenture (SLM Student Loan Trust 2008-7), Indenture (SLM Funding LLC), Indenture (SLM Student Loan Trust 2008-9)

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Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 34 contracts

Samples: Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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 Note Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; , but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 31 contracts

Samples: Indenture (USAA Auto Owner Trust 2008-1), Indenture (GS Auto Loan Trust 2005-1), Indenture (Usaa Acceptance LLC)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 4.01 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, as the Indenture Trustee may determine, to the Noteholders Registered Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 28 contracts

Samples: Indenture (Harley-Davidson Motorcycle Trust 2024-B), Indenture (Harley-Davidson Motorcycle Trust 2024-B), Indenture (Harley-Davidson Motorcycle Trust 2024-A)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal of and interestinterest on each Class of Notes; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 18 contracts

Samples: Indenture, Indenture, Indenture

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 Sections 3.3 and 4.3 hereof 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, as the Indenture Trustee may determine, to the Noteholders Owners of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 14 contracts

Samples: Indenture (Imc Home Equity Loan Owner Trust 1998-6), Indenture (Amresco Residential Securities Corp), Indenture (Imc Home Equity Loan Owner Trust 1997-8)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 Sections 3.03 and 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and and/or interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 13 contracts

Samples: Indenture (Capitalsource Inc), Indenture (Capitalsource Inc), Indenture (H&r Block Inc)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 12 contracts

Samples: Indenture (SLM Private Credit Student Loan Trust 2005-B), Indenture (SLM Private Credit Student Loan Trust 2007-A), Indenture (SLM Private Credit Student Loan Trust 2006-B)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer or the Bond Insurer, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 11 contracts

Samples: Indenture (Imh Assets Corp., Collateralized Asset-Backed Bonds, Series 2005-7), Indenture (Imh Assets Corp Impac CMB Trust Series 2002-5), Indenture (Imh Assets Corp Impact CMB Trust Series 2002-7)

Application of Trust Money. All moneys deposited with the Indenture Trustee Administrator pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeAdministrator, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 7 contracts

Samples: Indenture (SLC Student Loan Trust 2007-2), Indenture (SLC Student Loan Trust 2007-1), Indenture (SLC Private Student Loan Trust 2006-A)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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 AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 7 contracts

Samples: Indenture (Homebanc Corp), Indenture (Homebanc Corp), Indenture (Structured Asset Mort Inv Inc Mort Back NTS Ser 2003-1)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interestinterest (including any Note Interest Carryover); but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 6 contracts

Samples: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 4.01 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 6 contracts

Samples: Indenture (Orix Credit Alliance Receivables Trust 2000-A), Indenture (Orix Credit Alliance Receivables Trust 1999-A), Indenture (Greatamerica Leasing Receivables 2000-1 LLC)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer or the Bond Insurer, as applicable, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 6 contracts

Samples: Indenture (Imh Assets Corp Impac CMB Trust Series 1999-1), Indenture (Imh Assets Corp), Indenture (Imh Assets Corp)

Application of Trust Money. All moneys deposited with -------------------------- the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 4 contracts

Samples: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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 AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer or the Note Insurer, as applicable, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeNotes, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 4 contracts

Samples: Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Pacificamerica Money Center Inc)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof 4.11 shall be held in trust and applied by it, the Indenture Trustee in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any the Paying Agent or the Certificate Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, Securityholders of all sums due and to become due thereon for principal and interestinterest and to the Enhancer all amounts due to the Enhancer under the Insurance Agreement; but provided, that such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 4 contracts

Samples: Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (Irwin Home Equity Loan Trust 2004-1)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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 AgentAgent or the Issuer, Certificate Paying Agent as designee of the Issuer, as applicable, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeSecurities, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 4 contracts

Samples: Indenture (Imh Assets Corp), Indenture (Impac Secured Assets CMN Trust Series 1998-1), Indenture (Southern Pacific Secured Assets Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe Series Supplement, to the payment, either directly or through any Note Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes Secured Parties for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Master Sale and Servicing Agreement or required by law.

Appears in 4 contracts

Samples: Indenture (Household Auto Receivables Corp), Indenture (Household Auto Receivables Corp), Indenture (Household Auto Receivables Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by it, on behalf of the Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or herein, in the Administration Sale and Servicing Agreement or required by law.

Appears in 4 contracts

Samples: Indenture (Morgan Stanley Auto Loan Trust 2004-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2003-Hb1), Indenture (Morgan Stanley Auto Loan Trust 2004-Hb2)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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 AgentAgent or the Issuing Entity, Certificate Paying Agent as designee of the Issuing Entity, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeCertificates, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 4 contracts

Samples: Indenture (New Century Home Equity Loan Trust 2006-1), Indenture (New Century Home Equity Loan Trust 2006-2), Indenture (Origen Residential Securities, Inc.)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 Sections 3.03 and 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 3 contracts

Samples: Indenture (Homebanc Corp), Indenture (HMB Acceptance Corp.), Indenture (Sasco Mortgage Loan Trust Series 2003-Gel1)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall 4.01 will be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe applicable Indenture Supplement, to the paymentmake payments, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes and for the payment or redemption in respect of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement Transfer and Servicing Agreement[s] or required by law.

Appears in 3 contracts

Samples: Indenture (Ford Credit Floorplan Corp), Indenture (Ford Credit Floorplan LLC), Indenture (Ford Credit Auto Receivables LLC)

Application of Trust Money. All moneys deposited -------------------------- with the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 3 contracts

Samples: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.06 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 3 contracts

Samples: Indenture (American Capital Strategies LTD), Indenture (American Capital Strategies LTD), Indenture (American Capital Strategies LTD)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 3 contracts

Samples: Indenture (Deutsche Recreational Asset Funding Corp), Indenture (Deutsche Recreational Asset Funding Corp), Indenture (Deutsche Recreational Asset Funding Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but provided such moneys need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 3 contracts

Samples: Indenture (Metlife Capital Equipment Loan Trusts), Indenture Agreement (Metlife Capital Equipment Loan Trusts), Indenture (Metlife Capital Equipment Loan Trusts)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof 4.01 shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Master Indenture and this Indenturethe applicable Indenture Supplement, to the paymentmake payments, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes and for the payment or redemption in respect of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 2 contracts

Samples: Master Indenture (Nordstrom Inc), Master Indenture (Nordstrom Inc)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof 4.01 shall be held in trust and applied by it, in accordance with the provisions of the Senior Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Senior Noteholders of the particular Senior Notes for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, Trustee of all sums due and to become due thereon for principal and interest; but such moneys . Such monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or as required by law.

Appears in 2 contracts

Samples: Indenture (Ryder Truck Rental I Lp), Indenture (Ryder Truck Rental I Lp)

Application of Trust Money. All moneys deposited with the -------------------------- Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 2 contracts

Samples: Indenture (SLM Funding Corp), Indenture (SLM Funding Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 SECTION 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe applicable Indenture Supplement, to the paymentmake payments, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes and for the payment or redemption in respect of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 2 contracts

Samples: Master Indenture (Compucredit Corp), Master Indenture (Compucredit Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe Sale and Servicing Agreement, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may Facility Administrator shall determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or as required by law.

Appears in 2 contracts

Samples: Indenture (Bluegreen Corp), Indenture (Bluegreen Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Senior Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Senior Noteholders of the particular Senior Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, Trustee of all sums due and to become due thereon for principal and interest; , but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Administrative Agency Agreement or required by law.

Appears in 2 contracts

Samples: Indenture (Fcal LLC), Indenture (RCL Trust 1996 1)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall 4.01 will be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe applicable Indenture Supplement, to the paymentmake payments, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes and for the payment or redemption in respect of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 2 contracts

Samples: Indenture (Nissan Wholesale Receivables Corp Ii), Indenture (Nissan Wholesale Receivables Corp Ii)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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 the Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 2 contracts

Samples: Indenture (Wachovia Education Loan Funding LLC), Indenture (Wachovia Student Loan Trust 2005-1)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.1(a)(y) hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 2 contracts

Samples: Indenture (Collegiate Funding of Delaware LLC), Indenture (Chase Education Loan Trust 2007-A)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 4.1(i)(B) 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Deposit and Administration Agreement or required by law.

Appears in 2 contracts

Samples: Indenture (Chase Credit Card Master Trust), Indenture (Chase Credit Card Master Trust)

Application of Trust Money. All moneys monies deposited with -------------------------- the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by it, it in accordance with the provisions of the Notes and this Indenture, Indenture to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by applicable law.

Appears in 1 contract

Samples: Indenture (First Security Bank Na)

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Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by itthe Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; , but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Sale and Allocation Agreement or required by law.

Appears in 1 contract

Samples: Indenture (First Investors Financial Services Group Inc)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section SECTION 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe Sale and Servicing Agreement, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may Facility Administrator shall determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or as required by law.

Appears in 1 contract

Samples: Indenture (Bluegreen Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof SECTION 4.01 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Dealer Auto Receivables Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.06 ------------ hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (MCG Capital Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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 Note Paying Agent, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Long Beach Acceptance Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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 or the Issuer or Certificate Paying Agent, as designee of the Issuer, as applicable, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeNotes, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 1 contract

Samples: Indenture (C-Bass Mortgage Loan as-BCK Nt Sal Mort Ln Tr Ser 2001-Cb4)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Deutsche Recreational Asset Funding Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section SECTION 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or as required by law.

Appears in 1 contract

Samples: Indenture (CNH Capital Receivables Inc)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but provided such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Caterpillar Financial Funding Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, Trustee of all sums due and to become due thereon for principal and interest; but such moneys . Such monies need not be segregated from other funds of the Indenture Trustee except to the extent required herein or in the Administration Agreement or as required by law.

Appears in 1 contract

Samples: Indenture (Volkswagen Public Auto Loan Securitization LLC)

Application of Trust Money. All moneys deposited with the Indenture Trustee Administrator pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determineset forth herein, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeAdministrator, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 1 contract

Samples: Indenture (SLC Student Loan Receivables I Inc)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof 4.01 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, Trustee of all sums due and to become due thereon for principal and interest; but such moneys . Such monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or as required by law.

Appears in 1 contract

Samples: Indenture (Xerox Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall be held in trust and applied by it, in accordance with the provisions of the Indenture Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Indenture Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or as required by law.

Appears in 1 contract

Samples: Indenture (Case Receivables Ii Inc)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe applicable Indenture Supplement, to the paymentmake payments, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption in respect of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Transfer and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Master Indenture (Atlanticus Holdings Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 hereof shall 4.01 will be held in trust and applied by it, in accordance with the provisions of the Notes Notes, this Indenture and this Indenturethe applicable Indenture Supplement, to the paymentmake payments, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes and for the payment or redemption in respect of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement Transfer and Servicing Agreements or required by law.

Appears in 1 contract

Samples: Indenture (Ford Credit Floorplan LLC)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and 19914942.3 interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Credit Acceptance Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section SECTION 4.1 hereof shall be held in trust and applied by itthe Indenture Trustee, in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys monies have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; , but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Sale and Allocation Agreement or required by law.

Appears in 1 contract

Samples: Indenture (First Investors Financial Services Group Inc)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof shall be held in trust and applied by it, in accordance with the provisions of the Notes Bonds and this Indenture, to the payment, either directly or through any Paying Agent, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes Bonds for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Allied Capital Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the those particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Beneficial Mortgage Services Inc)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 SECTIONS 3.03 AND 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and and/or interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Franchise Finance Corp of America)

Application of Trust Money. All moneys deposited with -------------------------- the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the those particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Merrill Lynch Mortgage Investors Inc)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 hereof 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 Note Paying Agent, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Sale and Servicing Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Long Beach Acceptance Corp)

Application of Trust Money. All moneys deposited with the Indenture Trustee pursuant to Section 4.1 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Trust Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Gs Mortgage Securities Corp)

Application of Trust Money. All moneys monies deposited with the Indenture Trustee pursuant to Section 4.1 4.10 hereof 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 AgentAgent or the Issuer or Certificate Paying Agent as designee of the Issuer, as applicable, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture TrusteeNotes, of all sums due and to become due thereon for principal and interestinterest or otherwise; but such moneys monies need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 1 contract

Samples: Indenture (Salomon Br Mor Sec Vii Inc Series 1998-11)

Application of Trust Money. All moneys deposited with -------------------------- the Indenture Trustee pursuant to Section 4.1 4.01 hereof 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, as the Indenture Trustee may determine, to the Noteholders Holders of the particular Notes for the payment or redemption of which such moneys have been deposited with the Indenture Trustee, of all sums due and to become due thereon for principal and interest; but such moneys need not be segregated from other funds except to the extent required herein or in the Administration Agreement or required by law.

Appears in 1 contract

Samples: Indenture Agreement (Asset Backed Securities Corp)

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