Common use of Money Held by Collateral Agent Clause in Contracts

Money Held by Collateral Agent. Money held by the Collateral Agent hereunder need not be segregated from other funds except to the extent required by law. The Collateral Agent shall have no liability to pay interest on or (except as expressly provided herein) invest any such moneys.

Appears in 30 contracts

Samples: And Consolidated Pledge Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), And Consolidated Pledge Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), And Consolidated Pledge Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

AutoNDA by SimpleDocs

Money Held by Collateral Agent. Money held by the Collateral Agent hereunder need not be segregated from other funds except to the extent required by law. The Collateral Agent shall have no liability to pay interest on or (except as expressly provided herein) invest any such moneys. Section 6.04.

Appears in 2 contracts

Samples: Series B Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), National Rural Utilities Cooperative Finance Corp /Dc/

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.