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. The Trustee and the Collateral Agent are authorized and empowered 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 and the Security Documents.

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Trustee and (or the Collateral Agent are Agent, if applicable) is authorized and empowered to receive any funds for the benefit of the Holders of Securities distributed under the Security DocumentsDocuments or Intercreditor Agreement, and to make further distributions of such funds to the Holders of Securities according to the provisions of this Indenture Indenture, the Security Documents and the Security DocumentsIntercreditor Agreement.

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Trustee and the Collateral Agent are is authorized and empowered to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the Security DocumentsDocuments and to the extent not prohibited under the Intercreditor Agreement, and as applicable, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the Holders according to in accordance with the provisions of this Indenture Section 6.10 and the Security Documentsother provisions of this Indenture.

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

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

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Collateral Trustee shall deliver to the Trustee and the Collateral Agent are Trustee is authorized and empowered to receive any funds for the benefit of the Holders of Securities distributed under the Security Documents, and to make further distributions of such funds to the Holders of Securities according to the provisions of this Indenture and the Security Documents.