Common use of Established in Trust Clause in Contracts

Established in Trust. The Trustee shall establish, maintain and hold in trust a separate fund designated as the “Interest Fund.” Moneys in the Interest Fund shall be held, disbursed, allocated and applied by the Trustee only as provided in this Bond Indenture.

Established in Trust. The Trustee shall establish, maintain and hold in trust a separate fund designated as the “Interest Principal Fund.” Moneys in the Interest Principal Fund shall be held, disbursed, allocated and applied by the Trustee only as provided in this Bond Indenture.