Excepted Payments. Anything in this Article 4 or elsewhere in this Indenture to the contrary notwithstanding, any Excepted Payment received at any time by the Indenture Trustee shall be distributed as promptly as practicable to the Person entitled to receive such Excepted Payment.
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Samples: Trust Indenture and Security Agreement (Royal Ahold), Trust Indenture and Security Agreement (Royal Ahold)
Excepted Payments. Anything in this Article 4 V or elsewhere in this Indenture to the contrary notwithstanding, any Excepted Payment received at any time by the Indenture Trustee shall be distributed as promptly as practicable to the Person entitled to receive such Excepted Payment.Payment (such entitlement to be conclusively determined by reference to payment instructions from such Person)
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Samples: Trust Indenture, Mortgage, Security Agreement and Assignment of Rents (Public Service Co of New Mexico), Trust Indenture, Mortgage, Security Agreement and Assignment of Rents (Public Service Co of New Mexico)
Excepted Payments. Anything in this Article 4 V or elsewhere in this Indenture to the contrary notwithstanding, any Excepted Payment received at any time by the Indenture Trustee shall be distributed as promptly as practicable to the Person entitled to receive such Excepted PaymentPayment (such entitlement to be conclusively determined by reference to payment instructions from such Person).
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