Common use of Authorization of Receipt of Funds by 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 Noteholders distributed under the Security Documents, and to make further distributions of such funds to the Noteholders according to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Wki Holding Co 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 Noteholders Holders distributed under the Security Documents, and to make further distributions of such funds to the Noteholders Holders according to the provisions of this IndentureIndenture and the Security Documents.

Appears in 1 contract

Samples: Majestic Star Casino LLC

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 Noteholders distributed Holders received under the Security Documents, and to make further distributions of such funds to the Noteholders according to Holders in accordance with the provisions of this Indenture, the Security Documents and applicable law.

Appears in 1 contract

Samples: Indenture (New Horizons of Yonkers 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 Noteholders distributed under the Security Documents, and to make further distributions of such funds to the Noteholders according to Holders in accordance with the provisions of Article Eleven and the other provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Sheffield Steel Corp)

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