Common use of Deposited Monies to Be Held Clause in Contracts

Deposited Monies to Be Held. In Trust By Trustee. Subject to Section 11.04, all monies deposited with the Trustee pursuant to Section 11.01, shall be held in trust for the sole benefit of the Securityholders, and such monies shall be applied by the Trustee to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Securities for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and Interest and premium, if any.

Appears in 1 contract

Samples: Indenture (Canadian Solar Inc.)

AutoNDA by SimpleDocs

Deposited Monies to Be Held. In in Trust By by Trustee. Subject to Section 11.0413.4, all monies deposited with the Trustee pursuant to Section 11.0113.1, shall be held in trust for the sole benefit of the Securityholders, and such monies shall be applied by the Trustee it to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and Interest interest (including Liquidated Damages, if any) and premium, if any.

Appears in 1 contract

Samples: Indenture (Cke Restaurants Inc)

Deposited Monies to Be Held. In in Trust By by Trustee. Subject to Section 11.0413.4, all monies deposited with the Trustee pursuant to Section 11.01, 13.1 shall be held in trust for the sole benefit of the Securityholders, and such monies shall be applied by the Trustee it to the payment, notwithstanding the provisions of Article IV, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and Interest interest and premium, if any.

Appears in 1 contract

Samples: Cephalon Inc

Deposited Monies to Be Held. In in Trust By by Trustee. Subject to Section 11.048.04, all monies deposited with the Trustee pursuant to Section 11.01, 8.01 shall be held in trust for the sole benefit of the Securityholders, and such monies shall be applied by the Trustee it to the payment, notwithstanding the provisions of Article 11, either directly or through any paying agent (including the Company if acting as its own paying agent)Paying Agent, to the holders of the particular Securities Convertible Subordinated Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal principal, interest and Interest Registration Default Damages, if any, and premium, if any.

Appears in 1 contract

Samples: Cke Restaurants Inc

AutoNDA by SimpleDocs

Deposited Monies to Be Held. In in Trust By by Trustee. Subject to Section 11.048.04, all monies deposited with the Trustee pursuant to Section 11.01, 8.01 shall be held in trust for the sole benefit of the Securityholders, and such monies shall be applied by the Trustee it to the payment, notwithstanding the provisions of Article XI, either directly or through any paying agent (including the Company if acting as its own paying agent)Paying Agent, to the holders of the particular Securities Convertible Subordinated Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and Interest interest, and Liquidated Damages, if any, and premium, if any.

Appears in 1 contract

Samples: Indenture (Amkor Technology Inc)

Deposited Monies to Be Held. In in Trust By Trustee. by Trustee Subject to Section 11.0413.4, all monies deposited with the Trustee pursuant to Section 11.01, 13.1 shall be held in trust for the sole benefit of the Securityholders, and such monies shall be applied by the Trustee it to the payment, either directly or through any paying agent (including the Company if acting as its own paying agent), to the holders of the particular Securities Notes for the payment or redemption of which such monies have been deposited with the Trustee, of all sums due and to become due thereon for principal and Interest interest and premium, if any.

Appears in 1 contract

Samples: Ats Medical Inc

Time is Money Join Law Insider Premium to draft better contracts faster.