Common use of Consideration to be held in Trust Clause in Contracts

Consideration to be held in Trust. The Trustees, or the Person directed by the Trustees, shall hold in trust for the Dissenting Debentureholders the cash or other consideration they or it receives under Section 12.5. The Trustees, or such Persons, shall deposit cash in a separate account in a Canadian chartered bank, or other body corporate, any of whose deposits are insured by the Canada Deposit Insurance Corporation, and shall place other consideration in the custody of a Canadian chartered bank or such other body corporate.

Consideration to be held in Trust. The Trustees, or Such Person as the Person directed by the Trustees, Offeror may direct shall hold in trust for the Dissenting Debentureholders Holders the cash or other consideration they or it receives under Section 12.514.5. The Trustees, or such Persons, Such Person shall deposit such cash in a separate account in a Canadian chartered bank, or other body corporate, any which may include an Affiliate of the Debenture Trustees whose deposits are insured by the Canada Deposit Insurance Corporation, and shall place other consideration in the custody of a such Canadian chartered bank or such other body corporate.

Consideration to be held in Trust. The TrusteesCanadian Trustee, or the Person person directed by the TrusteesCanadian Trustee, shall hold in trust for the Dissenting Debentureholders the cash or other consideration they or it receives under Section 12.512.05. The TrusteesCanadian Trustee, or such Personspersons, shall deposit cash in a separate account in a Canadian chartered bank, or other body corporate, any of whose deposits are insured by the Canada Deposit Insurance Corporation, and shall place other consideration in the custody of a Canadian chartered bank or such other body corporate.

Consideration to be held in Trust. The TrusteesTrustee, or the Person directed by the TrusteesTrustee, shall hold in trust for the Dissenting Debentureholders Noteholders the cash or other consideration they or it receives under Section 12.510.5. The TrusteesTrustee, or such Persons, shall deposit cash in a separate account in a Canadian chartered bank, or other body corporate, any of whose deposits are insured by the Canada Deposit Insurance Corporation, and shall place other consideration in the custody of a Canadian chartered bank or such other body corporate.