Common use of Cash Held by Trustee Treated as a Deposit Clause in Contracts

Cash Held by Trustee Treated as a Deposit. Any and all cash held by the Trustee under any provision of this Indenture shall be treated by the Trustee, until required to be paid out hereunder, as a deposit, in trust, without any liability for interest.

Appears in 4 contracts

Samples: Participation Agreement (Entergy Louisiana Inc), Participation Agreement (Entergy Louisiana Inc), Participation Agreement (Louisiana Power & Light Co /La/)

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Cash Held by Trustee Treated as a Deposit. Any and all cash held by the Trustee under any provision of this Indenture shall may be treated by the Trustee, until required to be paid out hereunderconformably herewith, as a deposit, in trust, without any liability for interest.

Appears in 1 contract

Samples: Ownership Agreement (Oglethorpe Power Corp)

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Cash Held by Trustee Treated as a Deposit. Any and all cash held by the Trustee under any provision of this Indenture shall may be treated by the Trustee, until required to be paid out hereunder, as a deposit, in trust, without any liability for interest.

Appears in 1 contract

Samples: Collateral Trust Indenture (Public Service Co of New Mexico)

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