Common use of Money Held in Custody Clause in Contracts

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 49 contracts

Samples: Purchase Contract Agreement (Affiliated Managers Group Inc), Agent Purchase Contract Agreement (Great Plains Energy Inc), Agent Purchase Contract Agreement (Great Plains Energy Inc)

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Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the Agent's other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 42 contracts

Samples: Purchase Contract Agreement (Boise Cascade Corp), Purchase Contract Agreement (Platinum Underwriters Holdings LTD), Purchase Contract Agreement (Dte Energy Co)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the Purchase Contract Agent’s other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided hereunder or agreed in writing with the Company.

Appears in 28 contracts

Samples: Purchase Contract and Pledge Agreement (Genworth Financial Inc), Purchase Contract Agreement (PNM Resources Inc), Purchase Contract and Pledge Agreement (Assured Guaranty LTD)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 19 contracts

Samples: Purchase Contract Agreement (Amerigroup Corp), Purchase Contract Agreement (Amerigroup Corp), Purchase Contract Agreement (Dqe Capital Corp)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the Purchase Contract Agent's other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided hereunder or agreed in writing with the Company.

Appears in 18 contracts

Samples: Purchase Contract Agreement (Public Service Co of New Mexico), Purchase Contract and Pledge Agreement (Entergy Corp /De/), Purchase Contract Agreement (Scottish Annuity & Life Holdings LTD)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise expressly provided herein or as otherwise agreed in writing with the Company.

Appears in 17 contracts

Samples: Form of Purchase Contract Agreement (Centurytel Inc), Purchase Contract Agreement (Centurytel Inc), Purchase Contract Agreement (Duke Energy Corp)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed specifically instructed by the Company in writing with the Companyan Issuer Order.

Appears in 15 contracts

Samples: Purchase Contract Agreement (Brookdale Senior Living Inc.), Purchase Contract and Unit Agreement (PG&E Corp), Purchase Contract Agreement

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the Purchase Contract Agent’s other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided herein or agreed in writing with the Company.

Appears in 14 contracts

Samples: Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided hereunder or agreed in writing with the Company.

Appears in 14 contracts

Samples: Purchase Contract Agreement (Widepoint Corp), Purchase Contract Agreement (Sempra Energy), Purchase Contract Agreement (Cinergy Corp)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed it may specifically agree in writing with the Company.

Appears in 11 contracts

Samples: Purchase Contract Agreement (BrightSpring Health Services, Inc.), Purchase Contract Agreement (BrightSpring Health Services, Inc.), Purchase Contract Agreement (BrightSpring Health Services, Inc.)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided hereunder agreed in writing with the Company.

Appears in 9 contracts

Samples: Purchase Contract Agreement (Pp&l Capital Funding Inc), Purchase Contract Agreement (PPL Corp), Purchase Contract Agreement (Valero Energy Corp/Tx)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the Agent’s other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 7 contracts

Samples: Forward Purchase Contract Agreement (American Electric Power Co Inc), Forward Purchase Contract Agent (American Electric Power Co Inc), Purchase Contract Agreement (Ameren Capital Trust Ii)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided hereinlaw. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

Appears in 6 contracts

Samples: Purchase Contract Agreement (Protective Life Corp), Purchase Contract Agreement (American Heritage Life Investment Corp), Purchase Contract Agreement (CMS Energy Trust Ii)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as provided herein or otherwise agreed in writing with the Company.

Appears in 6 contracts

Samples: Purchase Contract Agreement (PPL Capital Funding Inc), Purchase Contract Agreement (PPL Capital Funding Inc), Purchase Contract Agreement (PPL Energy Supply LLC)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Companyhereunder.

Appears in 5 contracts

Samples: Purchase Contract Agreement (William Lyon Homes), Purchase Contract Agreement (Banc of California, Inc.), Purchase Contract Agreement (Thompson Creek Metals CO Inc.)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed provided hereunder or as designated in writing with by the Company.

Appears in 3 contracts

Samples: Purchase Contract Agreement (Ally Financial Inc.), Purchase Contract Agreement (Citigroup Inc), Purchase Contract Agreement (Citigroup Inc)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided hereinlaw. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except pursuant to the provisions of Section 4.1 or as otherwise agreed in writing with the Company.

Appears in 3 contracts

Samples: Purchase Contract Agreement (Medpartners Inc), Purchase Contract Agreement (Sunamerica Inc), Purchase Contract Agreement (Medpartners Inc)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided hereinlaw. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except pursuant to the provisions of Section 4.01 or as otherwise agreed in writing with the Company.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Household International Inc), Purchase Contract Agreement (Sunamerica Capital Trust Vi)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyKeySpan.

Appears in 2 contracts

Samples: Agreement (Keyspan Trust I), Agreement (Keyspan Trust Iii)

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Money Held in Custody. Money held by the Warrant Agent in custody hereunder need not be segregated from the Warrant Agent's other funds except to the extent required by law or provided herein. The Warrant Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided hereunder or agreed in writing with the Company.

Appears in 1 contract

Samples: Warrant Agreement (Chubb Corp)

Money Held in Custody. 65 71 Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise expressly provided herein or as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Purchase Contract Agreement (NRG Energy Inc)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise specifically agreed in writing with the Company.

Appears in 1 contract

Samples: Purchase Contract Agreement (MTS Systems Corp)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company. SECTION 7.7.

Appears in 1 contract

Samples: Purchase Contract Agreement (Florida Power & Light Co)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided hereinlaw. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company. Section 7.7.

Appears in 1 contract

Samples: Purchase Contract Agreement (Protective Life Corp)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the Agent’s other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided hereunder or agreed in writing with the Company.

Appears in 1 contract

Samples: Master Agency Agreement (Chartered Semiconductor Manufacturing LTD)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided hereinlaw. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the Company.re-

Appears in 1 contract

Samples: Purchase Contract Agreement (MCN Corp)

Money Held in Custody. Money held by the Purchase Contract Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided hereinlaw. The Purchase Contract Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise specifically agreed in writing with the Company.

Appears in 1 contract

Samples: Purchase Contract Agreement (Anadarko Petroleum Corp)

Money Held in Custody. Money held by the Agent in ---------------------- custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise expressly provided herein or as otherwise agreed in writing with the Company.

Appears in 1 contract

Samples: Purchase Contract Agreement (Sprint Corp)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed in writing with the CompanyWashington Mutual.

Appears in 1 contract

Samples: Unit Agreement (Washington Mutual Capital Trust 2001)

Money Held in Custody. Money held by the Agent in custody hereunder need not be segregated from the other funds except to the extent required by law or provided herein. The Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise provided hereunder or agreed in writing with the CompanyCo-Issuers.

Appears in 1 contract

Samples: Forward Purchase Contract Agreement (Provident Financial Group Inc)

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