Common use of Money Held in Trust Clause in Contracts

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight of this Indenture.

Appears in 54 contracts

Samples: Indenture (Sothebys), Indenture (SPX FLOW, Inc.), Indenture (SPX FLOW, Inc.)

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Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law and law. The Trustee shall be under no liability for interest on any money received by it hereunder except for money held as otherwise agreed with the Company in trust under Article Eight of this Indenturewriting.

Appears in 39 contracts

Samples: First Supplemental Indenture (Tellurian Inc. /De/), Indenture (Greenidge Generation Holdings Inc.), Indenture (Charah Solutions, Inc.)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law and law. The Trustee shall be under no liability for interest on any money received by it hereunder except for money held in trust under Article Eight of this Indentureas otherwise agreed with the Corporation.

Appears in 31 contracts

Samples: Indenture (Ovintiv Inc.), Indenture (Ovintiv Inc.), Indenture (Encana Corp)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust hereunder need not be segregated from other funds except to the extent required herein or by law and law. The Trustee will be under no liability for interest on any money received by it hereunder except for money held as otherwise agreed in trust under Article Eight of this Indenturewriting with the Company.

Appears in 20 contracts

Samples: Indenture (TrueBlue, Inc.), Indenture (TrueBlue, Inc.), Indenture (Macy's, Inc.)

Money Held in Trust. The Trustee shall will not be liable for interest on any money received by it except as the Trustee it may agree in writing with the CompanyIssuer. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight of this Indenture8.

Appears in 10 contracts

Samples: Indenture (ReNew Energy Global PLC), Trust Deed (ReNew Energy Global PLC), Indenture (Enduro SpA)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight 9 of this Indenture.

Appears in 8 contracts

Samples: Indenture (Alcon Inc), Subordinated Indenture (Credit Suisse Group), Senior Guaranteed Indenture (Credit Suisse Group)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law law, and except for money held in trust under Article Eight of this Indenture.

Appears in 5 contracts

Samples: Senior Notes Indenture (Loral Space & Communications LTD), Senior Notes Indenture (Loral Cyberstar Inc), Senior Notes Indenture (Loral Cyberstar Inc)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law and law. The Trustee shall be under no liability for interest on any money received by it or for losses on any investments made by it pursuant to this Section 12.05 except for money held in trust under Article Eight of this Indentureas otherwise agreed with the Company.

Appears in 3 contracts

Samples: Indenture (Flag Telecom Holdings LTD), Indenture (Flag Telecom Holdings LTD), Indenture (Flag Telecom Holdings LTD)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust under this Agreement need not be segregated from other funds except to the extent required by law and law. Subject to the provisions of Section 602 hereof, the Trustee shall be under no liability for interest on any money received by it under this Agreement except for money held in trust under Article Eight of this Indentureas otherwise agreed with the Authority or the Borrower.

Appears in 3 contracts

Samples: Trust Agreement (Doral Properties Inc), Trust Agreement (Doral Financial Corp), Trust Agreement (Doral Properties Inc)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the CompanyIssuer. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight of this Indenture.

Appears in 2 contracts

Samples: Indenture (GST Telecommunications Inc), Indenture (GST Telecommunications Inc)

Money Held in Trust. The Trustee shall not be ------------------- liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight of this Indenture.

Appears in 2 contracts

Samples: Indenture (Icg Services Inc), Indenture (Icg Communications Inc)

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Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by the 42 Trustee need not be segregated from other funds except to the extent required by law law, and except for money held in trust under Article Eight of this Indenture.

Appears in 1 contract

Samples: Senior Notes Indenture (Loral Space & Communications LTD)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight of this Indenture.. ARTICLE EIGHT

Appears in 1 contract

Samples: Indenture (Aon Corp)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law and law. The Trustee shall be under no liability for interest on any money received by it hereunder except for money held as otherwise agreed in trust under Article Eight of this Indenture.writing with the Company. ARTICLE 8

Appears in 1 contract

Samples: Indenture (Costco Companies Inc)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust -------------------- hereunder need not be segregated from other funds except to the extent required by law and law. The Trustee shall be under no liability for interest on any money received by it hereunder except for money held as otherwise agreed in trust under Article Eight of this Indenturewriting with the Company.

Appears in 1 contract

Samples: Indenture (Hewlett Packard Co)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight or Article Ten of this Indenture.

Appears in 1 contract

Samples: Indenture (Dobson Wireline Co)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the Company. Money held in trust by the Trustee in trust ------------------- hereunder need not be segregated from other funds except to the extent required by law law. The Trustee shall be under no liability for interest on any money received by it hereunder except as otherwise agreed to in writing by the Company and except for money held in trust under Article Eight of this Indenturethe Trustee.

Appears in 1 contract

Samples: Indenture (Motorola Inc)

Money Held in Trust. The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree with the CompanyIssuer. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law and except for money held in trust under Article Eight 9 of this Indenture.

Appears in 1 contract

Samples: Indenture (Telewest Communications PLC /New/)

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