Common use of Deposited Money and Government Obligations to Be Held in Trust Clause in Contracts

Deposited Money and Government Obligations to Be Held in Trust. Subject to the provisions of the last paragraph of Section 9.3, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1) (including the proceeds thereof) deposited with the Trustee pursuant to Section 4.6 in respect of any Securities of any series and any interest coupons appertaining thereto shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any interest coupons appertaining thereto and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any interest coupons appertaining thereto of all sums due and to become due thereon in respect of principal, premium, if any, and interest, if any, but such money need not be segregated from other funds except as provided herein and except to the extent required by law.

Appears in 13 contracts

Samples: Subordinated Indenture (Eastern Environmental Services Inc), Senior Indenture (Allied Waste Industries Inc), Subordinated Indenture (Allied Waste Industries Inc)

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Deposited Money and Government Obligations to Be Held in Trust. Subject to the provisions of the last paragraph of Section 9.3, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1) (including the proceeds thereof) deposited with the Trustee pursuant to Section 4.6 in respect of any Securities of any series and any interest coupons appertaining thereto shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any interest coupons appertaining thereto and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any interest coupons appertaining thereto of all sums due and to become due thereon in respect of principal, premium, if any, and interest, if any, but such money need not be segregated from other funds except as provided herein and except to the extent required by law.

Appears in 4 contracts

Samples: Indenture (Southwestern Energy Co), Indenture (Southwestern Energy Co), Indenture Agreement (Public Service Co of North Carolina Inc)

Deposited Money and Government Obligations to Be Held in Trust. Subject to the provisions of the last paragraph of Section 9.33.4 herein, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1) (including the proceeds thereof) deposited with the Trustee pursuant to Section 4.6 in respect of any Securities of any series and any interest coupons appertaining thereto shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any interest coupons appertaining thereto and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any interest coupons appertaining thereto of all sums due and to become due thereon in respect of principal, premium, if any, interest, if any, and interestAdditional Interest, if any, but such money need not be segregated from other funds except as provided herein and except to the extent required by law.

Appears in 3 contracts

Samples: Indenture (Navistar International Corp), Indenture (Navistar, Inc.), Indenture (Navistar International Corp)

Deposited Money and Government Obligations to Be Held in Trust. Subject to the provisions of the last paragraph of Section 9.31010, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1) (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee--collectively for purposes of this Section 1305, the "Trustee") pursuant to Section 4.6 1304 in respect of any the Outstanding Securities of any a particular series and any interest coupons Coupons appertaining thereto shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any interest coupons Coupons appertaining thereto and this Indenture, to the payment, either directly or through any Paying Agent (including the Company Trust or the Corporation, as the case may be, acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any interest coupons Coupons appertaining thereto of all sums due and to become due thereon in respect of principal, principal (and premium, if any, ) and interest, if any, but such money need not be segregated from other funds except as provided herein and except to the extent required by law.

Appears in 2 contracts

Samples: Indenture (Starwood Lodging Trust), Indenture (Starwood Lodging Corp)

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Deposited Money and Government Obligations to Be Held in Trust. Subject to the provisions of the last paragraph of Section 9.3, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1) (including the proceeds thereof) deposited with the Trustee pursuant to Section 4.6 in respect of any Securities of any series and any interest coupons appertaining thereto shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any interest coupons appertaining thereto and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any interest coupons appertaining thereto of all sums due and to become due thereon in respect of principal, premium, if any, and interest, if any, but such money need not be segregated from other funds except as provided herein and except to the extent required by law.funds

Appears in 2 contracts

Samples: Subordinated Indenture (Mapco Inc), Subordinated Indenture (Mapco Inc)

Deposited Money and Government Obligations to Be Held in Trust. Subject to the provisions of the last paragraph of Section 9.3, all money and Government Obligations (or other property as may be provided pursuant to Section 3.1) (including 3.1)(including the proceeds thereof) deposited with the Trustee pursuant to Section 4.6 in respect of any Securities of any series and any interest coupons appertaining thereto shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and any interest coupons appertaining thereto and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as its own Paying Agent) as the Trustee may determine, to the Holders of such Securities and any interest coupons appertaining thereto of all sums due and to become due thereon in respect of principal, premium, if any, and interest, if any, but such money need not be segregated from other funds except as provided herein and except to the extent required by law.

Appears in 1 contract

Samples: Indenture (Public Service Co of North Carolina Inc)

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