Employment of Trustee. In consideration of the recitals hereinabove set forth and for other valuable consideration, the Trustee hereby agrees to receive, hold, invest and disburse the moneys to be paid to it pursuant to the Lease Agreement for credit to the various funds, accounts and subaccounts established by this Trust Agreement; to authenticate, deliver and deal with the Bonds as set forth herein; and to apply and disburse the Trust Estate and other moneys received pursuant to the Lease Agreement to the Bondowners; and to perform certain other functions, all as herein provided and subject to the terms and conditions of this Trust Agreement.
Employment of Trustee. In consideration of the recitals hereinabove set forth and for other valuable consideration, the Corporation hereby confirms the appointment of the Trustee, for the benefit of the Bondholders, to: (a) receive the proceeds from the sale of the Parity Bonds and any funds contributed by the City or any other entity for deposit in the Trust Fund; (b) receive all payments to be made pursuant to the Lease Agreement; (c) apply and disburse the proceeds from the sale of the Parity Bonds and the payments received hereunder as provided for herein; and (d) perform all the other duties and obligations of the Trustee expressly provided for herein. The Trustee shall not be required to give any bond or surety in respect of the execution of the trust and powers given to it by this Second Supplement.
Employment of Trustee. In consideration of the recitals hereinabove set forth and for other valuable consideration, the Company hereby appoints the Trustee to: (a) execute and deliver the Certificates; (b) receive the proceeds Proceeds from the sale of the Certificates; (c) receive all payments to be made to the Trustee in accordance with the terms of the ESPC Task Order and the assignment of payments thereunder; (d) receive all payments, if any, made to the Trustee pursuant to the HEC Contribution Agreement; (e) apply and disburse the payments received hereunder as provided for herein; and (f) perform all the other duties and obligations of the Trustee as provided for herein.
Employment of Trustee. In consideration of the recitals hereinabove set forth and for other valuable consideration, the District hereby agrees to employ the Trustee to receive, hold, invest and disburse the moneys received pursuant to the Installment Purchase Agreement for credit to the various funds and accounts established by this Agreement; to execute, deliver and transfer the Certificates; and to apply and disburse the Installment Payments received from the District to the Owners of Certificates; and to perform certain other functions; all as herein provided and subject to the terms and conditions of this Agreement.
Employment of Trustee. In consideration of the recitals hereinabove set forth and for other valuable consideration, the Trustee hereby agrees to receive, hold, invest and disburse the moneys to be paid to it pursuant to the Master Lease for credit to the various funds and accounts established by this Trust Agreement; to prepare, execute, deliver and deal with the Certificates; and to apply and disburse the Trust Estate and other moneys received pursuant to the Master Lease to the Certificate Holders subject to the limitations set forth in this Trust Agreement; and to perform certain other functions, all as expressly provided in and subject to the express terms and conditions of, this Trust Agreement. Prior to the occurrence of any Event of Default hereunder and after the curing of all such Events of Default that may have occurred, the Trustee shall perform only such duties of the Trustee as are specifically set forth in this Trust Agreement.
