Common use of Disposition of Moneys Held for Payments of Notes Clause in Contracts

Disposition of Moneys Held for Payments of Notes. Any ------------------------------------------------ money set aside under Section 7.08 and not paid to Holders under Section 7.08 shall be held by the Indenture Trustee in trust until the latest of (a) the date three years after the date of such setting aside, (b) the date all other Holders (other than other Holders for which the Indenture Trustee is holding such moneys pursuant to Section 7.08) of the Secured Notes shall have received full payment of all principal of and interest and other sums payable to them on such Secured Notes or the Indenture Trustee shall hold (and shall have notified such Persons that it holds) in trust an amount sufficient to make full payment thereof when due, and (c) the date the Owner Trust shall have fully performed and observed all its covenants and obligations contained in this Indenture with respect to the Secured Notes; and thereafter shall be paid to the Owner Trust by the Indenture Trustee, who then shall be released from all further liability with respect to such moneys, and thereafter the Holders of the Secured Notes in respect of which such moneys were so paid to the Owner Trust shall have no rights in respect thereof except to obtain payment of such moneys from the Owner Trust.

Disposition of Moneys Held for Payments of Notes. (a) ------------------------------------------------ Any ------------------------------------------------ money set aside under Section 7.08 and not paid to Holders under Section 7.08 shall be held by the Indenture Trustee in trust until the latest of (ai) the date three years after the date of such setting aside, (bii) the date all other Holders (other than other Holders for which the Indenture Trustee is holding such moneys pursuant to Section 7.08) of the Secured Notes shall have received full payment of all principal of and interest and other sums payable to them on such Secured Notes or the Indenture Trustee shall hold (and shall have notified such Persons that it holds) in trust an amount sufficient to make full payment thereof when due, and (ciii) the date the Owner Trust shall have fully performed and observed all its covenants and obligations contained in this Indenture with respect to the Secured Notes; and thereafter shall be paid to the Owner Trust by the Indenture Trustee, who then shall be released from all further liability with respect to such moneys, and thereafter the Holders of the Secured Notes in respect of which such moneys were so paid to the Owner Trust shall have no rights in respect thereof except to obtain payment of such moneys from the Owner Trust.

Disposition of Moneys Held for Payments of Notes. Any ------------------------------------------------ money moneys set aside under Section 7.08 section 11.1 and not paid to Holders under of Notes as provided in Section 7.08 11.1 shall be held by the Indenture Trustee in trust until the latest of (ai) the date three years after the date of such setting aside, (bii) the date all other Holders (other than other Holders for which the Indenture Trustee is holding such moneys pursuant to Section 7.08) of the Secured Notes shall have received full payment of all principal of and interest and other sums payable to them on such Secured Notes or the Indenture Trustee shall hold (and shall have notified such Persons that it holds) in trust for that purpose an amount sufficient to make full payment thereof when due, due and (ciii) the date the Owner Trust Trustee shall have fully performed and observed all its covenants and obligations contained in this Indenture with respect to the Secured Notes; and thereafter shall be paid to the Owner Trust Trustee by the Indenture Trustee, who then Trustee on demand; and thereupon the Indenture Trustee shall be released from all further liability with respect to such moneys, ; and thereafter the Holders Holder. of the Secured Notes in respect of which such moneys were so paid to the Owner Trust Trustee shall have no rights in respect thereof except to obtain payment of such moneys from the Owner TrustTrustee. upon the setting aside of such moneys, interest shall cease to accrue on the Notes.

Disposition of Moneys Held for Payments of Notes. Any ------------------------------------------------ money set aside under Section 7.08 and not paid to Holders under Section 7.08 shall be held by the Indenture Trustee in trust until the latest of (a) the date three years after the date of such setting aside, (b) the date all other Holders (other than other Holders for which the Indenture Trustee is holding such moneys pursuant to Section 7.08) of the Secured Notes shall have received full payment of all principal of and interest and other sums payable to them on such Secured Notes or the Indenture Trustee shall hold (and shall have notified such Persons that it holds) in trust an amount sufficient to make full payment thereof when due, and (c) the date the Owner Trust Grantor Trustee shall have fully performed and observed all its covenants and obligations contained in this Indenture with respect to the Secured Notes; and thereafter shall be paid to the Owner Trust Grantor Trustee by the Indenture Trustee, Trustee who then shall be released from all further liability with respect to such moneys, and thereafter the Holders of the Secured Notes in respect of which such moneys were so paid to the Owner Trust Grantor Trustee shall have no rights in respect thereof except to obtain payment of such moneys from the Owner TrustGrantor Trustee.