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 is authorized to receive any funds for the benefit of the Holders and to make further distributions of such funds to the Holders according to the provisions of this Indenture.

Appears in 2 contracts

Samples: Wheeling Pittsburgh Steel Corp /De, Wheeling Pittsburgh Steel Corp /De

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Authorization of Receipt of Funds by the Trustee Under the Security Documents. 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 IndentureIndenture and the terms of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Ap Holdings Inc, Apcoa Standard Parking Inc /De/

Authorization of Receipt of Funds by the Trustee Under the Security 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 distribu- tions of such funds to the Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 1 contract

Samples: Archibald Candy Corp

Authorization of Receipt of Funds by the Trustee Under the Security Documents. The Trustee is authorized to receive any funds for the benefit of Securityholders distributed under the Holders 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 (Sentinel Financing LTD Lp)

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Authorization of Receipt of Funds by the Trustee Under the Security Documents. 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 IndentureIndenture and the Security Documents.

Appears in 1 contract

Samples: Metromedia Fiber Network Inc

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