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

Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE PLEDGE AGREEMENTS. The Trustee is authorized and required to receive for the benefit of the Holders of Bonds any funds distributed under the Pledge Agreements, and shall deposit such funds in the Revenues Account to be administered as set forth in Section 10.02 and make further distributions of such funds to the Holders of Bonds according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Northeast Energy Lp)

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Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE PLEDGE AGREEMENTSSECURITY DOCUMENTS. The Trustee is authorized and required to receive any funds for the benefit of the Holders of Bonds any funds distributed under the Pledge AgreementsSecurity Documents, and shall deposit such funds in the Revenues Account to be administered as set forth in Section 10.02 and make further distributions of such funds to the Holders of Bonds according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 1 contract

Samples: Indenture (Archibald Candy Corp)

Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE PLEDGE AGREEMENTSOPERATIVE DOCUMENTS AND THE SUPPORT DOCUMENTS. The Trustee is authorized and required to receive any funds for the benefit of Noteholders distributed under the Collateral Agreements and for the benefit of the Holders of Bonds any funds Securityholders distributed under the Pledge AgreementsSupport Documents, and shall deposit such funds in the Revenues Account to be administered as set forth in Section 10.02 and make further distributions of such funds to the Holders of Bonds according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Continental Airlines Inc /De/)

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Authorization of Receipt of Funds by. THE TRUSTEE UNDER THE SECURITY AND PLEDGE AGREEMENTSAGREEMENT. The Trustee is authorized and required to receive any funds for the benefit of the Holders of Bonds any funds Debentures distributed under the Security and Pledge AgreementsAgreement, and shall deposit such funds in the Revenues Account to be administered as set forth in Section 10.02 and make further distributions of such funds to the Holders of Bonds Debentures according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Finlay Enterprises Inc /De)

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