Common use of Liquidation of Funds Clause in Contracts

Liquidation of Funds. In liquidating any Government Securities in accordance with Articles 3 and 4 of this Agreement, the Company shall direct the Trustee as to which Government Securities shall be liquidated.

Appears in 2 contracts

Samples: Proceeds Pledge and Escrow Agreement (Iat Multimedia Inc), Proceeds Pledge and Escrow Agreement (Iat Multimedia Inc)

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Liquidation of Funds. In liquidating any Government Securities in accordance with Articles Article 3 and 4 of this Agreement, the Company shall may, so long as no Event of Default has occurred and is continuing, direct the Trustee as to which Government Securities shall be liquidated.

Appears in 2 contracts

Samples: Indenture (Premier Parks Inc), Indenture (Premier Parks Inc)

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