Investment of Special Payment Moneys. Any money received by the Pass-Through Trustee pursuant to Section 4.1(b) representing a Special Payment which is not to be promptly distributed shall, to the extent practicable, be invested in Permitted Government Investments by the Pass-Through Trustee pending distribution of such Special Payment pursuant to Section 4.2. Any investment made pursuant to this Section 4.4 shall be in such Permitted Government Investments having maturities not later than the date that such moneys are required to be paid to make the payment required under Section 4.2 on the applicable Special Distribution Date and the Pass-Through Trustee shall hold any such Permitted Government Investments until maturity. The Pass-Through Trustee shall have no liability with respect to any investment made pursuant to this Section 4.4, other than by reason of the willful misconduct or negligence of the Pass-Through Trustee. All income and earnings from such investments shall be distributed on such Special Distribution Date as part of such Special Payment.
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Samples: Pass Through Trust Agreement (Edison Mission Energy), Pass Through Trust Agreement (Edison Mission Energy)
Investment of Special Payment Moneys. Any money received by the Pass-Pass Through Trustee pursuant to Section 4.1(b4.01(b) representing a Special Payment which is not to be promptly distributed shall, to the extent practicable, be invested in Permitted Government Investments by the Pass-Pass Through Trustee pursuant to the written instructions of the Company pending distribution of such Special Payment pursuant to Section 4.24.02. Any investment made pursuant to this Section 4.4 4.04 shall be in such Permitted Government Investments having maturities not later than the date that such moneys are required to be paid used to make the payment required under Section 4.2 4.02 on the applicable Special Distribution Date and the Pass-Pass Through Trustee shall hold any such Permitted Government Investments until maturity. The Pass-Pass Through Trustee shall have no liability with respect to any investment made pursuant to this Section 4.44.04, other than by reason of the willful misconduct or negligence of the Pass-Pass Through Trustee. All income and earnings from such investments shall be distributed on such Special Distribution Date as part of such Special Payment.
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Investment of Special Payment Moneys. Any money received by the Pass-Pass Through Trustee pursuant to Section 4.1(b) representing a Special Payment which is not to be promptly distributed shall, to the extent practicable, be invested in Permitted Government Investments by the Pass-Pass Through Trustee pending distribution of such Special Payment pursuant to Section 4.2. Any investment made pursuant to this Section 4.4 shall be in such Permitted Government Investments having maturities not later than the date that such moneys are required to be paid to make the payment required under Section 4.2 on the applicable Special Distribution Date Date, and the Pass-Pass Through Trustee shall hold any such Permitted Government Investments until maturity. The Pass-Pass Through Trustee shall have no liability with respect to any investment made pursuant to this Section 4.4, other than by reason of the willful misconduct misconduct, gross negligence or simple negligence in the handling of funds of the Pass-Pass Through Trustee. All income and earnings from such investments shall be distributed on such Special Distribution Date as part of such Special Payment.
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Investment of Special Payment Moneys. Any money received by ------------------------------------ the Pass-Through Trustee pursuant to Section 4.1(b4.01(b) representing a Special Payment which is not to be promptly distributed shall, to the extent practicable, be invested in Permitted Government Investments by the Pass-Through Trustee as directed in writing by the Company pending distribution of such Special Payment pursuant to Section 4.24.02. Any investment made pursuant to this Section 4.4 4.04 shall be in such Permitted Government Investments having maturities not later than the date that such moneys are required to be paid used to make the payment required under Section 4.2 4.02 on the applicable Special Distribution Date and the Pass-Through Trustee shall hold any such Permitted Government Investments until maturity. The Pass-Through Trustee shall have no liability with respect to any investment made pursuant to this Section 4.44.04, other than by reason of the willful misconduct or gross negligence (or simple negligence in the handling of funds) of the Pass-Through Trustee. All income and earnings from such investments shall be distributed on such Special Distribution Date as part of such Special Payment.
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Samples: Pass Through Trust Agreement (Midway Airlines Corp)