Disposition of Trust Fund Sample Clauses

Disposition of Trust Fund. At all times during the continuance of the trust, all principal amounts contributed to the trust and all interest thereon, net of expenses, will, unless paid as distributions to Participants under Section 3.1 or to creditors of the Company under Section 3.3, be accumulated and reinvested for the purposes provided herein. Except as provided in Section 3.3 or Section 7.2, the Company shall not have the right or power to direct the Trustee to return to the Company or to direct to others any of the trust assets before all payments have been made to Participants for whom the Company has an obligation to make payments under the Plan. Upon payment of all such amounts, the Trustee shall return to the Company all amounts, if any, then remaining in the Trust allocable to Participants for whom the Company had an obligation to make payments under the Plan.
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Disposition of Trust Fund. SECTION 2.01. Upon the earlier to occur of (i) December 31, 1998 or (ii) the consummation of the Certificate Offering, the Trustee shall deliver to the Depositor the Trust Fund. In the event the delivery occurs pursuant to clause (i) above, the Trust shall terminate and shall be of no further force and effect. In the event the delivery occurs pursuant to clause (ii) above, the delivery shall not occur until the Trust has acquired ownership of the % First Mortgage Bonds, Due 2003 of Mid-America Capital Partners, L.P. (the "Bonds") and shall occur immediately before the Amended and Restated Trust Agreement is executed.
Disposition of Trust Fund 

Related to Disposition of Trust Fund

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • Application of Trust Funds Certain Duties Section 5.01. [Reserved].

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