Common use of Authorization of Receipt of Funds by the Trustee Under the Security Documents Clause in Contracts

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 55 contracts

Samples: Indenture (Ryan Specialty Holdings, Inc.), Indenture (Manitowoc Co Inc), Indenture (Alta Equipment Group Inc.)

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Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 28 contracts

Samples: Indenture (Amc Entertainment Holdings, Inc.), Indenture (Clear Channel Outdoor Holdings, Inc.), Indenture (NCR Atleos, LLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Security Documents, and to make further distributions of such funds to the Holders of Notes according to the provisions of this Indenture.

Appears in 23 contracts

Samples: Indenture (Sabre Corp), Indenture (Sabre Corp), Indenture (Hc2 Holdings, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 15 contracts

Samples: Indenture (Community Choice Financial Inc.), Indenture (Community Choice Financial Inc.), Indenture (Pernix Therapeutics Holdings, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 15 contracts

Samples: Indenture (Alta One Inc.), Indenture (Seitel Inc), Indenture (Solutia Inc)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the First Lien Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 15 contracts

Samples: Indenture (Blackstone Mortgage Trust, Inc.), Indenture (CONDUENT Inc), Indenture (Blackstone Mortgage Trust, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementSecurity Documents, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 9 contracts

Samples: Indenture (Frontier Communications Parent, Inc.), Indenture (Frontier Communications Parent, Inc.), Indenture (Frontier Communications Parent, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Security DocumentsDocuments and the Intercreditor Agreement, and to make further distributions of such funds to the Holders of Notes according to the provisions of this IndentureIndenture and the Intercreditor Agreement.

Appears in 8 contracts

Samples: Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Indenture (Melco Resorts & Entertainment LTD), Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive and distribute any funds for the benefit of the Holders distributed of the Notes under the Security Documents, and to make further distributions of such funds to the Holders of the Notes according to the provisions of this Indenture, the Intercreditor Agreement and the Security Documents.

Appears in 7 contracts

Samples: Indenture (Xinyuan Real Estate Co., Ltd.), Indenture (Xinyuan Real Estate Co., Ltd.), Indenture (Xinyuan Real Estate Co., Ltd.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions terms of the Intercreditor Agreement, proceeds in respect of the Collateral received by the Collateral Agent shall be passed on to the Trustee. The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Security Documents, and to make further distributions of such funds to the Holders of Notes according to the provisions of this Indenture.

Appears in 7 contracts

Samples: Indenture (Ion Geophysical Corp), Indenture (I/O Marine Systems, Inc.), Indenture (Nuverra Environmental Solutions, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized (a) to receive any funds for the benefit of the Holders distributed under the Security Documents, Documents and (b) to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 6 contracts

Samples: Indenture (Aquestive Therapeutics, Inc.), Indenture (Blue Water Acquisition Corp.), Indenture (Aquestive Therapeutics, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the terms, conditions and provisions of the Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 6 contracts

Samples: Indenture (Us Concrete Inc), Indenture (Bode Concrete LLC), Indenture (Bode Concrete LLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, proceeds in respect of Collateral received by the Collateral Agent shall be passed on to the Trustee. The Trustee is authorized to receive any funds from the Collateral Agent for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 5 contracts

Samples: Indenture (iHeartCommunications, Inc.), Indenture (Clear Channel Communications Inc), Indenture (Clear Channel Communications Inc)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the Trustee is authorized to receive and distribute any funds for the benefit of the Holders distributed of the Notes under the Security Documents, and to make further distributions of such funds to the Holders of the Notes according to the provisions of this Indenture, the Intercreditor Agreement and the Security Documents.

Appears in 5 contracts

Samples: Indenture (Yin Jia Investments LTD), Indenture (Yin Jia Investments LTD), Indenture (Yin Jia Investments LTD)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 5 contracts

Samples: Indenture (Alpha Natural Resources, Inc.), Indenture (Alpha Natural Resources, Inc.), Indenture (DJO Finance LLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders of the applicable series of Notes distributed under the Security Documents, and to make further distributions of such funds to the Holders of such Notes according to the provisions of this Indenture.

Appears in 3 contracts

Samples: Base Indenture (Dell Technologies Inc.), Base Indenture (Dell Technologies Inc), Base Indenture (Denali Holding Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementThe Trustee, the Trustee in its capacity as Collateral Agent, is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 3 contracts

Samples: Indenture (Bally Franchise RSC Inc), Indenture (Bally Franchise RSC Inc), Indenture (Texas Petrochemicals Lp)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the First Lien Intercreditor Agreement and the ABL Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 3 contracts

Samples: Indenture (Clarios International Inc.), Indenture (Clarios International Inc.), Indenture (Clarios International Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementDIP Security Documents or the Exit Security Documents, as applicable, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 3 contracts

Samples: Indenture (Frontier Communications Corp), Indenture (Frontier Communications Corp), Indenture (Frontier Communications Corp)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents. Such funds shall be held on deposit by the Trustee without investment, and the Trustee shall have no liability for interest or other compensation thereon.

Appears in 3 contracts

Samples: Indenture, Indenture (Micron Technology Inc), Indenture

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the any Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 3 contracts

Samples: Indenture (New Fortress Energy Inc.), Indenture (New Fortress Energy Inc.), Indenture (New Fortress Energy Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the ABL-Notes Intercreditor Agreement and the Pari Passu Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 3 contracts

Samples: Indenture (BMC Stock Holdings, Inc.), Indenture (BMC Stock Holdings, Inc.), Indenture (Builders FirstSource, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to The Trustee and/or the provisions of the Intercreditor Agreement, the Trustee Security Agent is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, Documents and to make further distributions of such funds to the Holders according to the provisions of this Indenture, the Intercreditor Agreement, the ABL Intercreditor Agreement or any Additional Intercreditor Agreement.

Appears in 3 contracts

Samples: Indenture (Ferroglobe PLC), Indenture (Ferroglobe PLC), Indenture (Ferroglobe PLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Equal Priority Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Graftech International LTD), Indenture (Graftech International LTD)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the an Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Atp Oil & Gas Corp), Indenture (Clearwire Corp /DE)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement or any other Acceptable Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Dave & Buster's Entertainment, Inc.), Indenture (At Home Group Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject As may be subject to the provisions of the Intercreditor AgreementAgreement (if any), the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 2 contracts

Samples: Indenture (Westmoreland Energy LLC), Indenture (WESTMORELAND COAL Co)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements and the Security Documents, the Trustee is authorized to receive any funds for the benefit of the Holders holders distributed under the Security Documents, and to make further distributions of such funds to the Holders holders according to the provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Forward Air Corp), Indenture (XPO, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, the Intercreditor Agreement or any Additional Intercreditor Agreement, and to make further distributions of such funds to the Holders according to the provisions of this Indenture, the Intercreditor Agreement or any Additional Intercreditor Agreement.

Appears in 2 contracts

Samples: Indenture (Allwyn Entertainment AG), Indenture (Paysafe LTD)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized (a) to receive any funds for the benefit of the Holders distributed under the Security Documents, Documents and to (b)to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Quotient LTD), Indenture (Merrimack Pharmaceuticals Inc)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to The Trustee and/or the provisions of the Intercreditor Agreement, the Trustee Security Agent is authorized to receive any funds for the benefit of the Holders distributed under the Security DocumentsDocuments or Intercreditor Agreement, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Intercreditor Agreement.

Appears in 2 contracts

Samples: Indenture (Nord Anglia Education, Inc.), Indenture (Nord Anglia Education, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture, the Intercreditor Agreement or any Additional Intercreditor Agreement.

Appears in 2 contracts

Samples: Indenture (Ardagh Metal Packaging S.A.), Senior Secured Indenture (Ardagh Metal Packaging S.A.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Security DocumentsDocuments or the Intercreditor Agreement, and to make further distributions of such funds to the Holders of Notes according to the provisions of this IndentureIndenture and the Intercreditor Agreement.

Appears in 2 contracts

Samples: Indenture (Manchester United Ltd.), Indenture (SGL Carbon Aktiengesellschaft)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 2 contracts

Samples: Indenture (Albertsons Companies, Inc.), Indenture (DJO Finance LLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Security Documents (including the First Lien Intercreditor Agreement), the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Notes Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 2 contracts

Samples: Indenture (Six Flags Entertainment Corp), Indenture (Six Flags Entertainment Corp)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Guarantee and Collateral Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Merge Healthcare Inc)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Junior Lien Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Macy's, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.. 4869-1723-0772 v.7

Appears in 1 contract

Samples: Indenture (AMC Networks Inc.)

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Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Equal Priority Intercreditor Agreement, any Junior Priority Intercreditor Agreement and any Customary Intercreditor Agreement, as applicable, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Baldwin Insurance Group, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Collateral Trust Agreement and the Parity Lien Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Macy's, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the First Lien Intercreditor Agreement or any other Acceptable Intercreditor Agreement, if applicable, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (CLARIVATE PLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the Trustee is and the Collateral Agent are authorized to receive any funds for the benefit of the Holders Noteholder Secured Parties distributed under the Security Documents, and to make further distributions of such funds to the Holders Noteholder Secured Parties according to the provisions of this Indenturethe Note Documents.

Appears in 1 contract

Samples: Indenture (Manitowoc Co Inc)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders Second Lien Secured Parties distributed under the Security Documents, and to make further distributions of such funds to the Holders Second Lien Secured Parties according to the provisions of this Indenturethe Security Documents.

Appears in 1 contract

Samples: Indenture (Albertsons Companies, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders of the Notes distributed under the Security Documents, Documents and to make further distributions of such funds to the Holders of such Notes according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Academy Sports & Outdoors, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Junior Priority Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Hexion Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement and the Collateral Trust Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, to apply such funds as provided in this Indenture and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Thermadyne Australia Pty Ltd.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the First Priority/Second Priority Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Matthews International Corp)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to ​ The Trustee and/or the provisions of the Intercreditor Agreement, the Trustee Security Agent is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, Documents and to make further distributions of such funds to the Holders according to the provisions of this Indenture., the Intercreditor Agreement, the ABL Intercreditor Agreement or any Additional Intercreditor Agreement. ​

Appears in 1 contract

Samples: Indenture (Ferroglobe PLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreement and Articles 11 and 13 of this Indenture, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (CMP Susquehanna Radio Holdings Corp.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement and the Collateral Trust Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (TRAC Intermodal LLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to The Trustee or the provisions of the Intercreditor Agreement, the Trustee Security Agent is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and Documents to make further distributions of such funds to the Holders according to the provisions of this Indenture, the Intercreditor Agreement or any Additional Intercreditor Agreement.

Appears in 1 contract

Samples: Indenture (Inspired Entertainment, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement and any other Pari Passu Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Post Holdings, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the Trustee is hereby authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Goodyear Tire & Rubber Co /Oh/)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the New Intercreditor Agreement and the Existing Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Hexion Specialty Chemicals, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Intercreditor Agreement.

Appears in 1 contract

Samples: Indenture (Diamond Offshore Drilling, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor Agreement, the The Collateral Trustee is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Security DocumentsDocuments and, and to the extent not prohibited under any Approved Intercreditor Agreement or the Collateral Trust Agreement, for turnover to the Trustee to make further distributions of such funds to itself and the Holders according to in accordance with the provisions of this Indenture, the Security Documents and any Approved Intercreditor Agreement.

Appears in 1 contract

Samples: Indenture (Triumph Group Inc)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the First Priority Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (NMI Holdings, Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreement and any Other Intercreditor Agreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Land O Lakes Inc)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Equal Priority Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Hilton Grand Vacations Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the First Lien Intercreditor Agreement and the Junior Lien Intercreditor Agreement, if any, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Wayfair Inc.)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the First Lien Intercreditor Agreement or any other Acceptable Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Clarivate Analytics PLC)

Authorization of Receipt of Funds by the Trustee Under the Security Documents. Subject to the provisions of the Intercreditor AgreementAgreements, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents, as applicable.

Appears in 1 contract

Samples: Indenture (DJO Finance LLC)

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