Common use of Money for Payments To Be Held in Trust Clause in Contracts

Money for Payments To Be Held in Trust. As provided in Section 8.02(a), all payments of amounts due and payable with respect to any Bonds that are to be made from amounts withdrawn from the Collection Account pursuant to Section 8.02(e) shall be made on behalf of the Bond Issuer by the Bond Trustee or by another Paying Agent, and no amounts so withdrawn from the Collection Account for payments of Bonds shall be paid over to the Bond Issuer except as provided in this Section 3.03 and Section 8.

Appears in 3 contracts

Samples: Bond Indenture (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Bond Indenture (OE Funding LLC), Bond Indenture (OE Funding LLC)

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Money for Payments To Be Held in Trust. As provided in Section 8.02(a), all payments of amounts due and payable with respect to any Securitization Bonds that are to be made from amounts withdrawn from the Collection Account pursuant to Section 8.02(e) shall be made on behalf of the Bond Issuer by the Bond Indenture Trustee or by another Paying Agent, and no amounts so withdrawn from the Collection Account for payments of with respect to any Securitization Bonds shall be paid over to the Bond Issuer except as provided in this Section 3.03 and Section 8.

Appears in 3 contracts

Samples: Indenture (SIGECO Securitization I, LLC), Indenture (SIGECO Securitization I, LLC), Indenture (SIGECO Securitization I, LLC)

Money for Payments To Be Held in Trust. As provided in Section 8.02(a), all payments of amounts due and payable with respect to any Securitization Bonds that are to be made from amounts withdrawn from the Collection Account and Capital Account, if necessary, pursuant to Section 8.02(e8.02(d) shall be made on behalf of the Bond Issuer by the Bond Indenture Trustee or by another Paying Agent, and no amounts so withdrawn from the Collection Account and Capital Account, if necessary, for payments of with respect to any Securitization Bonds shall be paid over to the Bond Issuer except as provided in this Section 3.03 and Section 8.

Appears in 3 contracts

Samples: Indenture (DTE Electric Securitization Funding II LLC), Indenture (DTE Electric Securitization Funding II LLC), Indenture (DTE Electric Securitization Funding II LLC)

Money for Payments To Be Held in Trust. As provided in Section 8.02(a), all payments of amounts due and payable with respect to any Transition Bonds that are to be made from amounts withdrawn from the applicable Collection Account pursuant to Section 8.02(e8.02(d) shall be made on behalf of the Bond Issuer by the Bond Indenture Trustee or by another Paying Agent, and no amounts so withdrawn from the Collection Account for payments of Bonds shall be paid over to the Bond Issuer except as provided in this Section 3.03 and Section 8.another

Appears in 2 contracts

Samples: Indenture (Aep Texas Central Co), Indenture (Aep Texas Central Co)

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Money for Payments To Be Held in Trust. As provided in Section 8.02(a), all payments of amounts due and payable with respect to any Securitization Bonds that are to be made from amounts withdrawn from the Collection applicable Account pursuant to Section 8.02(e8.02(d) shall be made on behalf of the Bond Issuer by the Bond Indenture Trustee or by another Paying Agent, and no amounts so withdrawn from the Collection any Account for payments of with respect to any Securitization Bonds shall be paid over to the Bond Issuer except as provided in this Section 3.03 and Section 8.

Appears in 2 contracts

Samples: Indenture (DTE Electric Securitization Funding I LLC), Indenture (DTE Electric Securitization Funding I LLC)

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