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

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

Appears in 2 contracts

Samples: Indenture (Comdisco Holding Co Inc), Indenture (Comdisco Inc)

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

Appears in 1 contract

Samples: Indenture (Windsor Woodmont Black Hawk Resort Corp)

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

Appears in 1 contract

Samples: Indenture (StoneX Group Inc.)

Authorization of Receipt of Funds by the Trustee. Under the Collateral Documents. ----------------------------------------------------------------- The Trustee is authorized and required to receive any funds for the benefit of the Holders of Notes distributed under the Collateral Documents, to apply such funds as provided in this Indenture and the Collateral Documents, and to make further distributions of such funds to the Holders of Notes according to in accordance with the provisions of this Indenture Article 11 and the Collateral Documentsother provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Raceland Truck Plaza & Casino LLC)

Authorization of Receipt of Funds by the Trustee. Under the Collateral DocumentsAgreement. The Trustee is authorized and required to receive any funds for the benefit of the Holders of Senior Notes distributed under the Collateral DocumentsAgreements, and to make further distributions of such funds to the Holders of Senior Notes according to the provisions of this Indenture and the Collateral DocumentsIndenture.

Appears in 1 contract

Samples: Indenture (Golden Books Family Entertainment Inc)

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

Appears in 1 contract

Samples: First Supplemental Indenture (Foamex International Inc)

Authorization of Receipt of Funds by the Trustee. Under the Collateral Documents. Documents The Trustee is authorized and required to receive any funds for the benefit of the Holders of Notes distributed under the Collateral Documents, to apply such funds as provided in this Indenture and the Collateral Documents, and to make further distributions of such funds to the Holders of Notes according to in accordance with the provisions of this Indenture Article 11 and the Collateral Documentsother provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (RBX Corp)

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

Appears in 1 contract

Samples: Indenture (Virtu Financial, Inc.)

Authorization of Receipt of Funds by the Trustee. Under the Collateral DocumentsAgreements. The Trustee is authorized and required to receive any funds for the benefit of the Holders of Senior Notes distributed under the Collateral DocumentsAgreements, and to make further distributions of such funds to the Holders of Senior Notes according to the provisions of this Indenture and the Collateral DocumentsIndenture.

Appears in 1 contract

Samples: Indenture (Delta Financial Corp)

Authorization of Receipt of Funds by the Trustee. Under the Collateral Documents. Documents and the Intercreditor Agreement The Trustee is authorized and required to receive any funds for the benefit of the Holders of Notes distributed under the Collateral DocumentsDocuments and the Intercreditor Agreement, and to make further distributions of such funds to the Holders of Notes according to the provisions of this Indenture and the Collateral Documents. This Indenture may be signed in counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Appears in 1 contract

Samples: Senior Secured Note Indenture (SLM International Inc /De)

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