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 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 and the terms of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Indenture (Apcoa Standard Parking Inc /De/), Indenture (Ap Holdings Inc)

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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 Indenture and the terms of the Intercreditor AgreementIndenture.

Appears in 2 contracts

Samples: Indenture (Wheeling Pittsburgh Steel Corp /De), Indenture (Wheeling Pittsburgh Steel Corp /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 of Notes Securityholders distributed under the Security Documents, Documents and to make further distributions of such funds to the Holders of Notes according to the provisions of this Indenture and the terms of the Intercreditor AgreementIndenture.

Appears in 1 contract

Samples: Indenture (Sentinel Financing LTD Lp)

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 distribu- tions of such funds to the Holders of Notes according to the provisions of this Indenture and the terms of the Intercreditor AgreementSecurity Documents.

Appears in 1 contract

Samples: Indenture (Archibald Candy Corp)

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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 Indenture and the terms of the Intercreditor AgreementSecurity Documents.

Appears in 1 contract

Samples: Indenture (Metromedia Fiber Network Inc)

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